Asia Pacific Naphtha Market Size & Outlook, 2024-2030
The naphtha market in Asia Pacific is expected to reach a projected revenue of US$ 109.3 billion by 2030. A compound annual growth rate of 4.8% is expected of Asia Pacific naphtha market from 2025 to 2030.
Revenue, 2024 (US$B)
$82.9
Forecast, 2030 (US$B)
$109.3
CAGR, 2025 - 2030
4.8%
Report Coverage
Asia Pacific
Asia Pacific naphtha market, 2018-2030 (US$B)
Asia Pacific naphtha market highlights
- The Asia Pacific naphtha market generated a revenue of USD 84,620.0 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, light naphtha was the largest revenue generating product in 2023.
- Light Naphtha is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 84,620.0 million |
| Market revenue in 2030 | USD 119,320.0 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Light naphtha |
| Fastest growing segment | Light Naphtha |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Naphtha |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 44.7% of the global naphtha market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 119,320.0 million by 2030.
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Naphtha Market Scope
Naphtha market segmentation & scope
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
South Korea
Naphtha Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific naphtha market size, by country, 2018-2030 (US$B)
Asia Pacific Naphtha Market Outlook Share, 2024 & 2030 (US$B)
Related regional statistics
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