Demand for naphtha is expected to grow at a CAGR of 5.1% in terms of revenue from 2013 to 2019. The market was valued at US$167,711.8 mln in 2012 are expected to reach US$ 237,625.2 mln by 2019. In terms of volume the market is expected to grow at a CAGR of 3.2% from 2013 to 2019, as per Transparency Market Research. Generally, there are two main classes of naphtha - heavy naphtha and paraffinic naphtha. Paraffinic naphtha is rich in olefins and is suitable for polyolefin and olefin production. Heavy naphtha is mainly used for production of aromatics.
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