Europe naphtha consumption market stood at 147.14 million metric tons in 2016, and is projected to grow at a negative CAGR of over 0.40%, in volume terms, to reach 141.36 million metric tons by 2026. The reason behind the negative CAGR can be attributed to the closure of naphtha based crackers as they have become uneconomical owing to price volatility associated with naphtha and easy availability of cheaper alternative feedstock i.e. natural gas. New cracker capacities are being added that use natural gas as feedstock and are very price competitive in comparison to petrochemicals derived from naphtha cracking. The shale gas boom in the United States has altered economics of global petrochemical business making them competitive to prices offered by Middle East and Africa. Prominent European players in petrochemical business are adding gas based cracker capacities with the US supplying ethane for feeding their expanding capacities.

Years considered for this report:

• Historical Years: 2011-2015
• Base Year: 2016
• Estimated Year: 2017
• Forecast Period: 2017–2026

Objective of the Study:

• The primary objective of the study was to understand and gain insights about the Europe Naphtha Demand Supply analysis & forecast.
• Market analysis by Country
• To forecast Light & Heavy naphtha consumption market till 2026
• Naphtha consumption by End Use
• Naphtha Import-Export Scenario - By Country
• Competitive Landscape of naphtha producers, exporters and traders operating in Europe

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TechSci Research carried out Europe naphtha demand supply analysis study by considering various aspects of Europe naphtha market. In the beginning of the Europe naphtha demand supply analysis, a brief study was conducted to understand each aspect of market outlook such as drivers, challenges, market trends and various other major factors affecting the market. Moreover, an in-depth analysis was conducted to understand Europe naphtha market scenario and to gauge the competitive scenario.

Afterwards, a detailed scrutiny of naphtha consumption by type, by end use, and by country markets for Europe naphtha supply demand analysis was conducted. In order to extract data for Europe naphtha market, primary research surveys were conducted with key opinion leaders, naphtha end users, traders, importers and exporters to understand historical and present trends.