Global Heavy Naphtha Market Overview:
Heavy naphtha, a fraction of crude oil that boils between approximately 70 and 200°C, contains mostly alkanes and cycloalkanes although there may also be a small fraction of aromatics. It is a distillation cut primarily made up of material roughly the same density as finished gasoline. Heavy naphtha molecules typically have from 7-9 carbon atoms.
- Increasing Use of Plastic Products
- Growing Demand for Gasoline
- Increasing Use of Alternatives include LPG for the Production of Propane and Butane
- The Growth of Chemical Industry Especially in the Asia Pacific Countries
- Stringent Government Regulations and Global Trade Policies
Some of the key players profiled in the report are Shell (The Netherlands), Total S.A. (France), Sinopec (China), BP plc (United Kingdom), Abu Dhabi National Oil Company (United Arab Emirates), Saudi Aramco (Saudi Arabia), PEMEX (Mexico), Oil and Natural Gas Corporation (India), Kuwait Petroleum Corporation (Kuwait) and Hindustan Petroleum Corporation Limited (India). Considering Market by Supply Sources, the sub-segment i.e. Condensate splitting will boost the Heavy Naphtha market.
Regulations are implemented by the executive branches of local, state, and federal government based on the laws enacted by local, state, and federal legislators. Public input is a formal part of regulation development. The Clean Air Act (1963), the Clean Water Act (1972), and the Safe Drinking Water Act (1974), including later revisions to these laws, form the basis of most federal regulation of the oil and gas industry.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Heavy Naphtha market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Heavy Naphtha market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Heavy Naphtha Producers, Government Regulatory Bodies, Oil Producing Companies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.