Naphtha Market Dynamics and Price Trends Worldwide
The petrochemical industry is the largest consumer of naphtha, accounting for more than half of its global demand. Naphtha serves as a critical feedstock for steam cracking, a process that produces ethylene, propylene, and aromatics—building blocks for plastics, fibers, rubbers, and resins. The choice of naphtha as a feedstock is particularly advantageous because it yields a balanced...