·
Saudi Arabia naphtha
consumption is forecasted to maintain a constant contribution of 13.2% with
respect to the total production during the forecasted period 2014-2018
·
The naphtha exports are
forecasted to mount at CAGR of 3.8% during the period 2013-2018.
·
The country is looking
ahead for unparallel innovation in its downstream operations.
Ken Research announced
its latest publication on “Saudi Arabia Naphtha Market Outlook to 2018” which
provides a comprehensive analysis of naphtha market in Saudi Arabia. The report
covers various aspects such as market size by naphtha production and naphtha
consumption and market segmentation by production of naphtha from refineries
& plants, consumption of naphtha by different sectors, by exports, imports
and inland availability of naphtha. The
report additionally entails a detailed description on the recent trends and
developments in the market and the competitive scenario of major players in the
industry along with the production share of major companies in the Saudi Arabia
naphtha market. 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.
 |
| Saudi Arabia Naphtha Market |
The potential factors affecting
naphtha production and consumption in Saudi Arabia are crude oil production,
prices and demand in refineries, petrochemicals and chemical industry followed
by diversifying product portfolio obtained from naphtha. Saudi Arabia is the
leading country in naphtha market in Middle East region. The naphtha production
dynamics has witnessed an escalating growth at a CAGR of 5.8% during the period
2007-2013. Saudi Arabia accounted for 18.9% of the total naphtha consumption in
Middle East in the year 2013. The naphtha export market of the country is
diversified to continents such as Asia, Europe, Africa and North America.
The Saudi Arabian Oil Company (Saudi Aramco) is the leading
producer of naphtha followed by Petro Rabigh in the year 2013.
According to the research report,
naphtha production is anticipated to grow at a CAGR of 3.8% during the
forecasted period 2013-2018 due to enhancing refining capacities and upcoming
petrochemical projects.
“Saudi Arabia is looking ahead for
unparallel innovation in its downstream operations. The governments of Middle
East countries have initiated to expand refining distillation capacities to
consecutively increase naphtha production. Saudi Arabia General Investment
Authority (SAGIA) is strongly encouraging the use of naphtha for petrochemical
producers to enhance the value of their exports and boost employment. Saudi
Arabia is in view of diversifying its product portfolio which is feasible with
increased utilization of naphtha. Hence, Saudi Arabia naphtha market is
predicted to pace up in the forthcoming years.” - According to the Research
Analyst, Ken Research.
Key Topics Covered in the Report:
Saudi Arabia Naphtha Market
-
Middle East Market Size by
naphtha
production and naphtha consumption
-
Saudi Arabia naphtha market size by naphtha
production, consumption and exports
-
Market Segmentation by
o Production
from refineries & plants
o Inland Availability
o Consumption by different sectors with focus on petrochemicals
sector
-
Trends and Development
-
Competition and Production
Share of Leading Companies
-
Future Outlook &
Projections of Saudi Arabia and Middle East
-
Macro Economic Parameters
Key
Findings from the Report
-
The naphtha consumption is forecasted to
maintain a constant contribution of 13.2% with respect to the total production
during the forecasted period 2014-2018.
-
The refining capacity in Saudi Arabia is
forecasted to grown at a stupendous CAGR of 5.7% during the period 2013-2018
Companies
Covered in the Report
Saudi Arabian Oil Company (Saudi Aramco)
Saudi Aramco Shell Refinery (SASREF)
Rabigh Refining & Petrochemical Company (Petro
Rabigh)
Saudi Aramco Total Refining and Petrochemical Company
(SATORP)
Browse and Download Report Here - http://www.kenresearch.com/oil-and-gas/petroleum-gas/saudi-arabia-naphtha-market-research-report/566-109.html
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