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.
Report URL- https://www.techsciresearch.com/report/europe-naphtha-demand-supply-analysis-by-end-use-gasoline-blending-reforming-steam-cracking-and-others-forecast-opportunities/984.html
15. I n d u s t r y B r i e f
15
Europe Naphtha Consumption to Cross 141.36 Million Metric Ton by 2026
According to TechSci Research report “Europe Naphtha Demand Supply Analysis, By End Use, By Region,
Forecast & Opportunities, 2011 – 2026”, Europe naphtha consumption is projected to cross 141.36
million metric tons by 2026. Europe is the third largest naphtha consumer across the globe. Demand for
naphtha in region is projected to showcase a negative CAGR, in volume terms, during 2017-2026, due to
closure of many oil naphtha based petrochemical plants, as they are no more price competitive in
comparison to natural gas based petrochemicals plants. The plunge in naphtha prices since mid-2014
offered respite to naphtha based petrochemical plant owners by improving their margins. However, plant
owners still find it difficult to compete with cheap chemicals being produced by gas based petrochemical
plants.
In terms of type, Heavy naphtha dominated the Europe market and the trend is expected to continue
over the forecast period. Gasoline Blending and Reforming were the major demand generators for
Europe naphtha consumption market and will remain the leading demand generators through
2026. Europe is projected to experience surplus naphtha supply of 9.40 MMT in 2016 and this is
projected to reach 13.82 MMT by 2026, due to closure of naphtha based petrochemical plants in
Germany, France and United Kingdom, because of non-competitive prices.
“Prominent European players in petrochemical business are adding gas based cracker capacities with the
US supplying ethane for feeding their expanding capacities. The plunge in naphtha prices since mid-2014
offered respite to naphtha based petrochemical plant owners by improving their margins. However, plant
owners still find it difficult to compete with cheap chemicals being produced by gas based petrochemical
plants”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
16. Italy, 15.00%
France,
15.00%
Germany,
15.00%
Russia,
15.00%
United
Kingdom,
15.00%
Netherla
nds,15.
00%
Rest of
Europe,
10.00%
S a m p l e D a t a - S n a p s h o t
Figure 20: Germany Naphtha Demand Supply Gap
Forecast, By Volume, 2016-2026F (MMT)
250 250 250 250 250 250 250 250 250 250 250
500 500 500 500 500 500 500 500 500 500 500
2016 2017E2018F2019F2020F2021F2022F2023F2024F2025F2026F
Naphtha Supply Naphtha Demand
Figure 15: Russia Naphtha Consumption
for Gasoline Blending, By Volume, 2011-
2026F (MMT)
5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80
2011 2014 2017E 2020F 2023F 2026F
Figure 6: Europe Light Naphtha Consumption, By
Volume, 2011-2026F (MMT)
5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80
2011 2013 2015 2017E 2019F 2021F 2023F 2025F
500
550
600
650
700
750
800
850
900
950
1,000
1,050
1,100
1,150
1,200
1,250
2011
2012
2013
2014
2015
2016
2017E
2018F
2019F
2020F
2021F
2022F
2023F
2024F
2025F
2026F
Figure 3: Europe Naphtha Consumption, By
Volume, 2011-2026F (MMT)
Figure 11: Europe Naphtha Average Landed Price
Forecast, 2011-2026F (USD/MT)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Figure 12: Europe Naphtha Consumption Share, By Country, By Volume, 2016 &
2026F
Italy, 15.00%
France,
15.00%
Germany,
15.00%
Russia,
15.00%
United
Kingdom,
15.00%
Netherla
nds,15.
00%
Rest of
Europe,
10.00%
2016 2026F
Source: XXXX
Note: These are
dummy figures;
please purchase
our report for
actual data 16
17. R e p o r t O r d e r i n g
To View Sample OR Purchase Report
Report Price
Report Name: Europe Naphtha Demand Supply Analysis, By End Use, Forecast &
Opportunities, 2011 – 2026
License Type Price
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17