According to ChemAnalyst report, “India Naphtha Market: Plant Capacity, Production, Operating Efficiency, Technology, Process, Demand & Supply, Type, Application, End Use, Distribution Channel, Region, Competition, Trade, Market Analysis, 2015-2030", Naphtha demand in India stood at 20 million tonnes in 2019 and is projected to grow at a CAGR of 6.25% in the forecast period. Government of India’s “Hydrocarbons Vision – 2025” aimed at expanding indigenous production of petroleum products and reducing import bill by 2025 is likely to support the Naphtha market growth in the forecast period.