Home > Chemicals & Materials > Biobased Chemicals > Bio-based Naphtha Market

Bio-based Naphtha Market Share

  • Report ID: GMI5510
  • Published Date: Mar 2023
  • Report Format: PDF
 Download Free Sample

Bio-based Naphtha Market Share

  • Preem
  • Shell Plc
  • Neste
  • Eni S.p.A.
  • UPM Biofuels
  • Total Energies
  • Diamond Green Diesel
  • Euglena Co., Ltd.
  • Kaidi Finland

are some of the leading solution providers in the global bio-based naphtha market. These companies are working on developing new strategies for innovating products along with strategic initiatives like partnerships, collaborations, and more.
 

To cite an instance, in 2023, to make a shift away from crude oil, Royal Dutch Shell in Germany announced plans to make naphtha using renewable energy and crops. Apart from this, the company also plans to expand an electrolysis plant that generates fossil-free hydrogen for commercial purposes. In the long run, Shell plans to replace conventional jet fuel and naphtha with synthetic power-to-liquids (ptl) produced at Weaseling, a facility that is a part of the Rhineland refinery, utilizing green electricity and biomass. Construction on the 100,000 t/a ptl plant is anticipated to start in 2023, and operations are projected to start in 2025.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of bio-based naphtha crossed USD 920 million in 2022 and is poised to record more than 17% CAGR from 2023 to 2032.

The vegetable oils segment is expected to reach USD 2.2 billion by 2032 as it is a major source of naphtha.

Europe market for bio-based naphtha is slated to observe nearly 16.5% CAGR from 2023 to 2032 due to the increasing usage of the substance for polymer production.

Preem, Shell Plc, Neste, Eni S.p.A., UPM Biofuels, Total Energies, Diamond Green Diesel, Euglena Co., Ltd., and Kaidi Finland are some of the leading companies in the global market.

Bio-based Naphtha Market Scope

  • Bio-based Naphtha Market Size
  • Bio-based Naphtha Market Analysis
  • Bio-based Naphtha Market Share

    • Buy Now

    Immediate Delivery Available

    Premium Report Details

    • Base Year: 2022
    • Companies covered: 10
    • Tables & Figures: 519
    • Countries covered: 19
    • Pages: 378
     Download Free Sample
    ×
    Get a free sample of Bio-based Naphtha Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.