This report titled “Brazil Naphtha Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in Brazil naphtha market along with the market size and forecast for the duration 2011 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on product type and application.
The Brazil naphtha market is becoming increasingly competitive with growing number of mergers and collaborations between market players to gain international footprint. In addition, several players are also focused on entering into the Brazil naphtha market. Rapid growth of this market has also resulted in creating further skilled job opportunities in Brazil.
Based on product type, the Brazil naphtha market is categorized into light naphtha and heavy naphtha. In addition, Naphtha manufacturing companies, petrochemical companies and academic organizations form the major client types for naphtha market. Market size (Mn Tons) (US$ Mn) and forecast for all the considered segmentation is presented in this report for the period 2011-2024 along with their respective CAGRs (%) for the forecast period 2016-2024.
Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the Brazil naphtha market. Tools such as competition assessment and attractive investment proposition, porter’s five force analysis are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of naphtha market.
Based on the product type, the Brazil naphtha market is segmented as follows:
Brazil naphtha market is categories on the basis of product type. Among product type, heavy naphtha segment was the most dominant segment in 2015 and anticipated to continue its dominance of over the forecast period. Wide array of application of heavy naphtha such as feedstock for petrochemical industry, as fuel and for gasoline blending is projected to drive the growth of the segment during the forecast period. Light naphtha segment is expected to be the fastest growing segment during the forecast period. Increasing demand for plastics materials such as polypropylene and polyethylene, synthetic fibers like acrylonitrile, and other industrial chemicals such as glycols are anticipated to fuel the growth of the segment over the forecast period (2016-2024).
Based on the application, the Brazil naphtha market is segmented as follows:
Brazil naphtha market is categories on the basis of application. Among Application, Chemical segment was the most dominant segment in 2015 and anticipated to continue its dominance of over the forecast period. Increasing use of naphtha in petrochemical industry such as Brazskem, Quattor and others for the production of various olefins and aromatics used in manufacturing of plastic products coupled with rising demand for plastic products in Brazil is anticipated to drive the growth of the segment during the forecast period. The segment is anticipated to witness high growth during the forecast period. Followed by it, Energy/ Fuels segment was the second largest segment in Brazil naphtha market owing to increase use of naphtha as for blending in gasoline. Growing consumption of gasoline is anticipated to drive the demand of the segment over the forecast period (2016-2024).
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Brazil Naphtha market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Product
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Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
