According to the TechSci Research report, the India Naphtha Market was valued at 24,435.34 thousand metric tonnes in 2024 and is projected to reach 29,416.22 thousand metric tonnes by 2030, growing at a CAGR of 3.78% during 2025–2030. Market growth is supported by demand from petrochemicals, fertilisers, agriculture, paints, cleaning agents, fuel blends, and industrial manufacturing.

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1. 𝐈𝐧𝐝𝐢𝐚 𝐍𝐚𝐩𝐡𝐭𝐡𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐨𝐝𝐚𝐲

The India naphtha market today is expanding as naphtha remains a key liquid hydrocarbon used as a petrochemical feedstock, solvent, diluent, and fuel-blending component. Derived from crude oil or coal tar, it has properties between gasoline and kerosene and supports the production of olefins, aromatics, fertilisers, plastics, paints, cleaning agents, and other industrial products.

The India naphtha market today is influenced by refinery output, petrochemical consumption, crude-oil movements, feedstock availability, trade activity, and demand from agriculture and manufacturing. Light naphtha is the dominant type because it is widely used in gasoline production, as a solvent, and as feedstock for steam crackers producing olefins.

2. 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐍𝐮𝐦𝐛𝐞𝐫𝐬

→ 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐨𝐥𝐮𝐦𝐞: 24,435.34 thousand metric tonnes in 2024
→ 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐨𝐥𝐮𝐦𝐞: 29,416.22 thousand metric tonnes by 2030
→ 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐏𝐞𝐫𝐢𝐨𝐝: 2026–2030
→ 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞: 3.78% CAGR during 2025–2030
→ 𝐅𝐚𝐬𝐭𝐞𝐬𝐭-𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐄𝐧𝐝-𝐔𝐬𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭: Agriculture
→ 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐭 𝐓𝐲𝐩𝐞: Light naphtha
→ 𝐋𝐚𝐫𝐠𝐞𝐬𝐭 𝐑𝐞𝐠𝐢𝐨𝐧: West India
→ 𝐊𝐞𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬: Petrochemical feedstock, fertiliser production, gasoline blending, solvents, paints, cleaning agents, aromatics, and olefins
→ 𝐌𝐜𝐃𝐞𝐫𝐦𝐨𝐭𝐭 𝐏𝐚𝐧𝐢𝐩𝐚𝐭 𝐏𝐫𝐨𝐣𝐞𝐜𝐭 𝐓𝐚𝐫𝐠𝐞𝐭: Around 20% increase in ethylene production capacity

“The India Naphtha Market is being shaped by petrochemical expansion, fertiliser production, industrial fuel needs, construction-related demand for paints and cleaning agents, and the shift toward improved fuel efficiency and lower emissions.”