Bio-based Naphtha Market Size, Share & Research Report, 2033 | UnivDatos

According to the UnivDatos, the rising number of partnerships and technological advancements in the bio-based naphtha production, the demand for Bio-based Naphtha is further anticipated to grow. As per their “Bio-based Naphtha Market” report, the global market was valued at USD 1,642.17 million in 2024, growing at a CAGR of about 17.59% during the forecast period from 2025 - 2033 to reach USD million by 2033.
A significant change is being witnessed in the global bio-based naphtha market due to the increasing demand for sustainable alternatives to colossal fossil-based feedstock in the petrochemical and fuel sectors. As the climate change mitigation and circular economy goals are now at the center stage, industries are focusing on renewable, low-carbon solutions like bio-naphtha. Production technologies have witnessed several advancements; investments in biorefinery capacity are rising, and innovative renewable feedstocks are being adopted. All these factors are making shifts into the market. Furthermore, regional government support, strategic partnerships across industries, and consumer demand for greener products tend to bolster market growth in times like this, particularly in Europe and the Asia-Pacific regions.
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Technological Advancement in Bio-Naphtha Production:
Ongoing technological innovation, the global bio-based naphtha market is equipped with assisting factors-refining processes like catalytic pyrolysis, gasification, and hydro processing have improved conversion of renewable feedstocks into high-quality bio-naphtha. These innovations will allow efficient production, lower operation costs, and adapt to existing petrochemical infrastructure. In addition, modern technologies allow the use of a wide range of feedstocks and abundant waste oils, lignocellulosic biomass, and algae, all benefiting from the circular economy. Digital tools and automation further enhance production workflows and quality control. New technology implementations will increase the competitiveness of bio-naphtha with traditional fossil fuel alternatives as countries aim to cut carbon emissions and switch to sustainable energy sources. Governments and privatization put significant effort into R&D in an attempt to fast-track innovation, which, in turn, grows the market through achieving stable supply and better product performance.
Latest Trends in the Bio-based Naphtha Market
Increasing Adoption of New-Age Renewable Feedstock:
The majority of the production of Bio-based naphtha is done through vegetable oil, biomass, etc. However, there is a growing need to use fuel that is renewable in nature and could help companies to achieve a circular economy in their production abilities. Additionally, these kinds of shifts also offer a comprehensive measure against the already observed shift towards sustainable production. In line with this, many of the companies have announced their plans to introduce revolutionary technologies in order to increase their focus on using new-age renewable feedstock. These renewable feedstocks are mainly wood-based pulp, Lignocellulosic Biomass, Forestry Residues, Algae Oil, etc. For instance,
· In 2025, a consortium of Japan Airlines Co., Ltd. (JAL), Marubeni Corporation, Mitsubishi Chemical Corporation, Chugoku Lumber Co., Ltd., Boeing Japan KK, and Obayashi Corporation concluded their study based on the business feasibility of sustainable aviation fuel and bio-based naphtha from forest-based residue.
Considering these shifts, the research and development of such technologies are further anticipated to rise among the leading bio-naphtha producers and promote market growth in the forecasted years.
Expansion of Biorefineries Capacity:
With the growing need to increase the infrastructure to expand the production capacity to match the demand for bio-based fuel. Many of the companies have stressed the need to expand their manufacturing capability to ease the shift toward their renewable naphtha products. For instance,
· In 2024, South Korea-based S-Oil announced that it is planning to establish a dedicated Sustainable aviation fuel plant that will use bio-based feedstock as cooking oil and the byproducts of palm oil, to produce SAF, renewable diesel, and bio-naphtha.
· In another instance, in 2024, Repsol announced to establishment of a new advanced biofuel plant in Cartagena, Spain, for the production of renewable diesel (250,000 tons/year), Sustainable aviation fuel, and renewable naphtha.
With the pressing need for bio-based products, many companies will focus on the improvement in the production capacity of bio-based naphtha to tap into potential customers/end-user industries.
Regional Market Growth
Europe Bio-based naphtha market has held a prominent market share owing to the large focus of the industry as well as the government towards increasing the adoption of sustainable and low-carbon emitting products and solutions. Additionally, the region is also home to a large number of companies producing renewable naphtha, which has helped the market to shift from conventional naphtha to bio-based naphtha easily.
Some of the recent developments in the Europe region are:
· In 2024, France-based gas utility network operator GRDF installed Bio-based HDPE (High-Density Polyethylene) produced by INEOS. According the HDPE is produced by using wood processing residue from the paper industry, which is transformed into tall oil, a bio-based naphtha.
Additionally, many companies such as are also assessing their capability to produce sustainable products with the help of bio-based naphtha that will play a crucial role in increasing its demand in the European region. Additionally, many of the new government policies will also support the uptick in the demand for bio-based naphtha in its role in the production of sustainable products.
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Expanding demand for sustainable technologies to promote Bio-based Naphtha market
The bio-based naphtha market is right on the verge of transformational metamorphosis-growth, which is being greatly encouraged by innovations, infrastructural developments, and policy matters that are oriented toward sustainability. The other factor that such companies would look forward to enabling the adoption of renewable feedstocks and increasing biorefinery facilities will be green manufacturing practices. Such regional developments, primarily in Europe and Asia-Pacific, highlight all the global momentum toward decarbonization and the ever-increasing role of bio-naphtha in the sustainable value chains. R&D work, government incentives, and industry collaborations will be the most critical milestones to overcome production challenges and establish economies of scale. Research suggests that bio-naphtha would certainly be an upcoming mainstream solution for conversion towards a low-carbon society.
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