Global Naphtha Market – An Overview of Products, Market Trends and Prominent Players
The global naphtha market is mainly driven by the market for chemicals which includes petrochemicals, toluene, xylenes, and benzene. Naphtha which is a very versatile commodity is mostly found in coal tar, refined petroleum, and shale oil. Distillation of coal tar produces coal tar naphtha which is an extensively used commercial product. Furthermore, the destructive distillation of bituminous shale oil produces shale naphtha. Various industries make use of naphtha for the purpose of gasoline blending.
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