Summary
The market for alternative naphtha is driven by multiple factors including sustainability goals, regulatory pressure, and corporate commitments to reduce fossil fuel dependence. The global push towards circular economy and reduced carbon emissions has positioned alternative naphtha as a crucial component in the chemical industry's transition to renewable feedstocks. Major chemical companies are increasingly incorporating alternative naphtha into their feedstock mix through direct investment in production facilities or strategic partnerships, with the market comprising several key segments including bio-based naphtha from HVO/HEFA processes, pyrolysis-based naphtha from plastic waste, CCU-derived naphtha, and biomass-derived alternatives. The market's growth trajectory is supported by increasing scale of production facilities, improving cost competitiveness, expanding end-user acceptance, strengthening policy support, and growing investment in technology development, though challenges remain including feedstock availability and cost, technology scalability, infrastructure adaptation requirements, and market price competition with conventional naphtha.
This comprehensive market report provides detailed insights into the rapidly evolving global alternative naphtha market, analyzing key trends, technologies, and market dynamics shaping the transition from fossil-based to renewable and circular feedstocks in the petrochemical industry. The report provides in-depth analysis of both demand-side and supply-side factors influencing market growth, including detailed capacity analyses across different production routes and regions.
Report contents include:
-
Production Routes Covered including:
-
Bio-based naphtha from HVO/HEFA processes
-
Pyrolysis-based naphtha from plastic and tire waste
-
Biomass-derived alternatives
-
CCU (Carbon Capture and Utilization) derived naphtha
-
"Alcohol-to-Jet" conversion routes
-
Production technologies including:
-
Detailed analysis of HVO/HEFA processes and co-processing capabilities
-
Thermal and catalytic pyrolysis technologies for waste plastics and tires
-
Biomass gasification processes
-
Carbon capture and conversion technologies
-
Fischer-Tropsch synthesis applications
-
Novel alcohol conversion processes
-
Feedstock options including:
-
Renewable sources (vegetable oils, animal fats, used cooking oils)
-
Waste materials (plastic waste, tire waste)
-
Novel feedstocks (CO2, biomass)
-
Feedstock availability and pricing trends
-
Quality requirements and specifications
-
Market Capacity and Production including:
-
Current and planned production capacity (2022-2026)
-
Regional distribution of production facilities
-
Major producer profiles and market shares
-
Capacity utilization rates
-
Future capacity additions and expansions
-
Technology Integration and Infrastructure :
-
Integration with existing refinery infrastructure
-
Steam cracker feed requirements
-
Process optimization strategies
-
Equipment configuration needs
-
Operating parameters and performance metrics
-
Detailed profiles of 39 key companies including:
-
Major oil and chemical companies
-
Technology providers
-
Specialized alternative naphtha producers
-
Start-ups and innovators. Companies profiled include Borealis, CJ CheilJedang, Diamond Green Diesel, Eni, HD Hyundai Chemical, Idemitsu, Infinium, Neste, S-Oil, SK Geocentric, PT Kilang Pertamina Internasional, UPM Biofuels and more....
-
Sustainability and Environmental Impact including:
-
Carbon footprint comparisons across production routes
-
Sustainability metrics and certification schemes
-
Circular economy integration
-
Environmental regulations and compliance requirements
-
Future market projections including:
-
Five-year capacity forecasts
-
Technology development trajectories
-
Investment trends and opportunities
-
Market growth drivers and constraints
-
Value Chain Analysis:
-
Feedstock supply chains
-
Production processes
-
Distribution networks
-
End-user applications
-
Value chain integration strategies
ページTOPに戻る
Table of Contents
1 EXECUTIVE SUMMARY 10
1.1 Market Overview 10
1.2 Demand-side pull 11
1.3 Supply-side pull 12
1.4 Global Capacity Analysis 12
2 INTRODUCTION 15
2.1 Naphtha Description 15
2.2 Refineries & Steam Cracking 16
2.2.1 Current Technology Status 17
2.2.1.1 Process Overview 18
2.2.1.2 Equipment Configuration 19
2.2.1.3 Operating Parameters 21
2.2.1.4 Performance Metrics 22
2.3 Alternative Naphtha 23
2.3.1 Production routes 23
2.3.1.1 Bio-based Routes 25
2.3.1.2 Thermal/Chemical Routes 29
2.3.1.3 Hybrid Processes 35
2.3.2 Feedstocks 42
2.3.2.1 Renewable Sources 44
2.3.2.2 Waste Materials 48
2.3.2.3 Novel Feedstocks 52
3 ALTERNATIVE BIO-BASED NAPHTHA 59
3.1 Introduction 59
3.2 Feedstocks 62
3.2.1 Quality 62
3.2.2 Feedstock Types 63
3.2.2.1 Vegetable Oils 64
3.2.2.2 Animal Fats 65
3.2.2.3 Used Cooking Oils 66
3.2.2.4 Novel Feedstocks 67
3.3 Co-processing 68
3.3.1 Technology – co-processing of fats/oils etc. via existing refinery assets 69
3.3.2 Co-processing capacity 70
3.4 HVO/HEFA 72
3.4.1 Introduction 72
3.4.2 Technologies 73
3.4.3 Renewable (bio-based) naphtha for steam cracking 74
3.4.4 Capacity for HVO/HEFA processing 75
3.4.5 Production for steam cracking 77
3.4.6 Bio-attributed value chains via steam cracking of naphtha 78
4 ALTERNATIVE NAPHTHA VIA THERMAL/CATALYTIC PROCESSES 81
4.1 Introduction 81
4.2 Alternative naphtha via plastics & tyre wastes 82
4.2.1 Technology 83
4.2.2 Capacity for pyrolysis oil from plastics and tyres 85
4.2.3 Plastics pyrolysis & alternative naphtha 87
4.2.4 Pyrolysis of waste tyres 90
4.3 Biomass processing 94
4.3.1 Introduction 94
4.3.2 Capacity 94
4.4 Gasification Processes 96
4.4.1 Introduction 97
4.4.2 Technology 100
4.4.3 Capacity 101
5 CCU-BASED ALTERNATIVE NAPHTHA 103
5.1 Technology Overview 104
5.1.1 Carbon Capture Technologies 104
5.1.1.1 Absorption Processes 104
5.1.1.2 Adsorption Systems 105
5.1.1.3 Membrane Separation 106
5.1.1.4 Novel Technologies 107
5.1.2 CO2 Conversion 107
5.1.2.1 Chemical Processes 107
5.1.2.2 Catalytic Systems 108
5.1.2.3 Biological Routes 109
5.1.2.4 Hybrid Approaches 111
5.2 Process Technology 111
5.2.1 Syngas Production 112
5.2.1.1 Production Methods 113
5.2.2 Fischer-Tropsch Processing 119
5.3 Capacity 120
5.4 Companies 123
6 ALTERNATIVE NAPTHA VIA “ALCOHOL TO JET” 126
6.1 Process Technology 126
6.1.1 Alcohol Production 127
6.1.2 Conversion Process 128
6.1.3 Product Upgrading 129
6.1.4 Process Integration 132
6.2 Market Applications 132
7 COMPANY PROFILES 135 (39 company profiles)
8 APPENDICES 165
8.1 Glossary of Terms 165
8.2 List of Abbreviations 165
8.3 Research Methodology 165
9 REFERENCES 166
ページTOPに戻る
List of Tables/Graphs
List of Tables
Table 1. Market overview for alternative naphtha. 10
Table 2. Technology Readiness Levels (TRL) by Production Route. 14
Table 3. Investment Costs Comparison Across Different Production Routes. 41
Table 4. Operating Cost Comparison Across Production Routes. 42
Table 5. Alternative Naphtha Feedstocks. 42
Table 6. Feedstock Comparison for Different Alternative Naphtha Routes. 43
Table 7. Feedstock Price Analysis (2020-2026). 44
Table 8. Chemical Composition Analysis of Different Alternative Naphtha Types. 60
Table 9. Bio-based naphtha markets and applications. 60
Table 10. Key Quality Parameters for Bio-based Naphtha vs. Fossil Naphtha. 62
Table 11. HVO/HEFA & co-processing companies. 67
Table 12. Co-processing capacity by region, current and estimated. 70
Table 13. Major HVO/HEFA Technology Providers and Their Process Specifications. 73
Table 14. Global production of renewable (bio-based) steam cracker feedstock from HVO/HEFA, 2022-2035 (KT). 74
Table 15. Global production of renewable (bio-based) steam cracker feedstock from HVO/HEFA (KT), current and planned (5 year forecast). 75
Table 16. Global capacity for HVO/HEFA processing and co-processing current and planned (5 year forecast). 76
Table 17. Steam Cracker Feed Requirements and Alternative Naphtha Properties. 77
Table 18. Production of bio-based steam cracker feedstock from HVO/HEFA, current and planned (5 year forecast). 77
Table 19. Properties of pyrolysis oils . 83
Table 20. Plastics pyrolysis plants. 85
Table 21. Plastic pyrolysis capacities by producer. 85
Table 22. Capacity for pyrolysis oil from waste plastics, current and planned (5 year forecast). 86
Table 23. Plastics pyrolysis waste processing capacities, Capacity for pyrolysis oil from waste plastics, current and planned (5 year forecast). 87
Table 24. Capacities for production of pyrolysis oil from waste plastic, current and planned (5 year forecast). 88
Table 25. Average composition of fuel-efficient passenger car and truck tyres. . 90
Table 26. Tyre Pyrolysis capacities by producer . 91
Table 27. Tyre crumb processing capacities, current and planned (5 year forecast). 91
Table 28. Capacities for production of pyrolysis oil for chemicals, current and planned (5 year forecast). 92
Table 29. EOL for waste tyres. 92
Table 30. Capacities from thermal or catalytic pyrolysis of biomass, current and planned (5 year forecast). 94
Table 31. Capacities via biomass gasification, current and planned (5 year outlook). 101
Table 32. Carbon Footprint Comparison Across Production Routes. 104
Table 33. CO2 based hydrocarbon via FT synthesis, current and planned (5 year outlook). 119
Table 34. Global capacity for CO2 based hydrocarbon via FT synthesis. 120
Table 35. Companies producing CO2-based syngas and synthetic crude oil. 123
List of Figures
Figure 1. Alternative naphtha production routes. 23
Figure 2. HVO/HEFA process 62
Figure 3. Global production of renewable (bio-based) steam cracker feedstock from HVO/HEFA (KT), current and planned (5 year forecast). 75
Figure 4. Production of bio-based steam cracker feedstock from HVO/HEFA, current and planned (5 year forecast). 77
Figure 5. Capacity for pyrolysis oil from waste plastics, current and planned (5 year forecast). 86
Figure 6. Plastics pyrolysis waste processing capacities, Capacity for pyrolysis oil from waste plastics, current and planned (5 year forecast). 87
Figure 7. Plastics pyrolysis waste processing capacity, current and planned (5 year forecast). 88
Figure 8. Capacities for production of pyrolysis oil from waste plastic, current and planned (5 year forecast). 89
Figure 9. Capacities for production of pyrolysis oil for chemicals, current and planned (5 year forecast). 92
Figure 10. Capacities from thermal or catalytic pyrolysis of biomass, current and planned (5 year forecast). 95
Figure 11. Fuels & naphtha via biomass gasification. 97
Figure 12. pyrolysis of biomass . 98
Figure 13. Global carbon demand for chemicals and materials. 103
Figure 14. Fuels & naphtha via carbon capture and utilisation. 113
Figure 15. Ethanol to jet upgrading steps process. 126
Figure 16. Corbion FDCA production process. 161
Figure 17. The Proesa® Process. 163
