Credence Research has recently published a market research study that includes elaborative analysis which was result of an extensive research methodology for Brazil Naphtha market with estimations from 2018 to 2026. The highlights of this report are drivers, restraints and opportunities of Brazil Naphtha market, offered across the recent and estimated timeline till 2026.Major report takeaways are competitive landscape assessment, attractive investment proposition, and brief profiles of companies operating in Brazil Naphtha market which will give 3600 view for the market dynamics. Companies are profiled on the basis of vital data points such as business overview, financial synopsis, product/service portfolio, and news coverage accompanied with recent updates specific to Brazil Naphtha market. The cross-sectional geographical analysis covers regions such as North America (U.S & Canada), Europe (U.K., Germany & Rest of Europe), Asia Pacific (China, Japan, & Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa (GCC & Rest of Middle East & Africa).
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Brazil naphtha market is projected to witness significant growth over the forecast period. Growing demand for naphtha as a feedstock in petrochemical industry is projected to drive the demand for naphtha over the forecast period. Increasing use of plastic products fueling the demand for the polypropylene and polyethylene which in turn is driving the demand for naphtha used as a feedstock for the production olefins and aromatics using in production of paints and coatings. Further, naphtha also finds application in blending with gasoline. Growing demand for gasoline is anticipated to augment the growth of Brazil naphtha market. Moreover, recent technological advancement such as development of advance furnace materials, advanced distillation column and alternative technologies such as hydro- pyrolysis of naphtha and catalytic cracking of naphtha saves approximately 10% of the energy which in turn reduces the production cost. Thus, making naphtha the preferred feedstock for the end use applications. Growing chemical industry is projected to drive the Brazil naphtha market during the forecast period (2016-2024). However, growing use of alternatives such as LPG for the production of propane and butane are expected to restrain the growth of Brazil naphtha market during the forecast period (2016-2024).
Key research study highlights comprise:
- Exhaustive research and analysis of the global Brazil Naphtha industry
- The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
- Major elements of market dynamics such as drivers, challenges and opportunities and their effect on Brazil Naphtha market is also covered in the report
- Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering& business strength
- Cross sectional analysis of each region covering individual segments for the forecast period 2016 – 2018 in terms of value (US$ Mn)
Research methodology applied for this study:
Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Brazil Naphtha market specific to key segments, and regional segmentation.
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- Secondary Research
Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global Brazil Naphtha market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Brazil Naphtha market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Brazil Naphtha market study.
- Primary Research
The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help ofe-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.
The participants tracked for primary interviews include:
- Marketing/product managers
- Vice President/ CEOs
- National sales managers
- Market intelligence managers
- Purchasing managers
- Other stakeholders
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