Global Naphtha Market Growing at a CAGR of 3.2% from 2013 to 2019.By Transparency Market Research
The market witnessed growth in recent years due to rising demand for naphtha from various end-user industries such as plastic, construction, transportation and many others. In addition, development of new manufacturing technique is another factor contributing towards the market growth. However, volatile prices of crude oil and availability of cheap and abundant alternatives such as shale gas and LPG are the factors restraining market growth.
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