The demand for naphtha is steadily increasing due to the industrial sector's expansion mainly the automotive industry, major oil corporations, construction, chemical plants, and agri-technology.
While sustainable programs control their massive production for environmental health guidelines, the rising population which is the main price driver of all commodities will push its product demand even higher.
The Global Naphtha Market projected  $117.91 billion in naphtha tons production. A sharp increase of 6.34% from its current price estimates resulted in a $3949 market price by 2030.