·
It is predicted that
naphtha production from the refineries in the top 5 Middle East countries will grow
at a gigantic CAGR of 16.7% during 2014-2018.
·
The total naphtha
consumption is forecasted to mount at CAGR of 7.6% during the period 2013-2018.
·
Future Growth of Middle
East Naphtha Market is expected to
be led by UAE and Saudi Arabia.
Ken Research announced
its latest publication on “Middle East Naphtha Market Outlook to 2018” which
provides a comprehensive analysis of naphtha market in Middle East region and
in leading countries. The report covers various aspects such as market size by
naphtha production and naphtha consumption and market segmentation by
production of naphtha from refineries and plants, consumption of naphtha by
different sectors, by exports, imports and inland availability of naphtha and
by geography. The report also entails a
detailed description on the recent trends and developments, pricing scenario
and threats in the market and the competitive scenario of major players in the
industry along with the market or production share of major companies in the
Middle East naphtha market by each leading country. The report is useful for naphtha producing companies, marketing companies,
petrochemicals and other concerned chemical companies followed by new countries
and players venturing in the market.
Middle East Naphtha Market |
The potential factors affecting
naphtha production and consumption in Middle East are crude oil production,
prices and demand in refineries, petrochemicals and chemical industry followed
by diversified product portfolio. Middle East Naphtha Market is led by the
country Saudi Arabia, followed by the Kuwait, UAE, Qatar, Egypt and other prime
countries. The naphtha market in Middle East is highly concentrated and
comprises of energy companies which operate and supervises refineries,
petrochemical complexes and chemical plants utilizing naphtha. The naphtha
production over the years had witnessed tremendous growth at a CAGR of 7.7%
during the period 2007-2013. Naphtha consumption has steadily grown at a CAGR
of 9.7% during the period 2007-2013.
According to the research report,
naphtha production is anticipated to register a magnificent CAGR of 14.0%
during the forecasted period 2013-2018 due to the upcoming petrochemical
projects and expanding refining capacities.
“The Middle East countries are
concentrating their efforts to produce more naphtha from the refineries and
utilize it in the petrochemical complexes. These refineries are being built up
with a unique trend of integration with the petrochemical complexes. The
governments of Middle East countries have initiated to expand refining
distillation capacities to consecutively increase naphtha production. The
region is in view of diversifying its product portfolio which is feasible with
increased utilization of naphtha. Hence, Middle East naphtha market is
predicted to pace up in the forthcoming years.” - According to the Research
Analyst, Ken Research.
Key Topics Covered in the Report:
Middle East Naphtha Market
-
Market Size by naphtha
production and naphtha consumption
-
Market Segmentation by
o Production
from refineries & plants
o Exports, Imports and Inland Availability
o Geography
-
Trends and Development, Pricing
scenario, Threats
-
SWOT Analysis
-
Competition and Market or
Production Share of each Leading Country
-
Future Outlook &
Projections
-
Macro Economic Parameters
Key
Findings from the Report
-
Saudi Arabia, the leading country in Middle
East is anticipated to lose its top most position to UAE
-
Qatar is coming up with unique large scale
commercial projects utilizing GTL and CTL techniques
-
The refining capacity of Middle East region
will expand at a CAGR of 7.9% during the period 2013-2018
Companies
Covered in the Report
Saudi Aramco
Petro Rabigh
Total
Shell Saudi Arabia Refining Ltd
Kuwait Petroleum Corporation (KPC) and
its subsidiaries
Petrochemical Industries Company
Abu Dhabi National Oil Company (ADNOC)
TAKREER
Qatar Petroleum
Egyptian Refining Company (ERC)
Alexandria National Refining & Petrochemicals
Company (ANPRC)
Browse and Download Report Here -http://www.kenresearch.com/oil-and-gas/petroleum-gas/middle-east-naphtha-market-research-report/570-109.html
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