Technological Innovation and Energy Transition Propel Growth in the...

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2025-10-27 08:03:04

Technological Innovation and Energy Transition Propel Growth in the Global Naphtha Market

Market Overview The global naphtha market is witnessing significant transformation, driven by expanding petrochemical production and rising energy demands. Valued at USD 263.84 billion in 2023, the market is projected to reach USD 368.44 billion by 2032, growing at a CAGR of 3.8%. Naphtha serves as a cornerstone in hydrocarbon processing, functioning as both a refinery...

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