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UAE Naphtha Market Outlook to 2018 - Driven By Developing Petrochemicals Sector: Radiant Insights
UAE Naphtha Market Outlook to 2018 - Driven By Developing Petrochemicals Sector: Radiant Insights
The supply and demand chain of naphtha in UAE affects the countries across the globe, as the country exports its entire naphtha production. The potential factors affecting naphtha production and exports in UAE are oil production, prices and demand in refineries, petrochemicals and chemical industry due to the diversifying product portfolio obtained from naphtha. Middle East Naphtha Market has witnessed an appreciable growth at a CAGR of 7.7% during the period 2007-2013
San Francisco,
California,
Canada
(prbd.net)
29/01/2015
Executive Summary
The report titled “UAE Naphtha Market Outlook to 2018- Driven by Developing Petrochemicals Sector” presents a comprehensive analysis of the industry. The publication discusses Naphtha market performance in Middle East and UAE including market size by naphtha production and naphtha exports and market segmentation by production of naphtha from refineries & plants and by consumption of naphtha in petrochemicals sector. The report also entails a detailed description on the recent trends and developments in the market, competitive scenario of major players and future outlook of the industry.
The supply and demand chain of naphtha in UAE affects the countries across the globe, as the country exports its entire naphtha production. The potential factors affecting naphtha production and exports in UAE are oil production, prices and demand in refineries, petrochemicals and chemical industry due to the diversifying product portfolio obtained from naphtha. Middle East Naphtha Market has witnessed an appreciable growth at a CAGR of 7.7% during the period 2007-2013.
For more information kindly visit: http://www.radiantinsights.com/research/UAE-naphtha-market-research-report
UAE is the third largest country operating in Middle East naphtha market. UAE naphtha market export statistics have already mounted at a noticeable CAGR of 11.6% during the review period 2007-2013.
Naphtha is a precursor for wide range of petrochemical and chemical products. The naphtha production by refineries has witnessed a substantial growth at a CAGR of 18.6% during the period 2007-2013. The naphtha production from plants accounted for 54.2% of the total production of ~ thousand tons in the country in 2008. The naphtha which is consumed for petrochemicals production is not utilized for indigenous use but rather exported to other countries by UAE.
ADNOC is the leading producer of naphtha, thereby commanding a market share of ~% through naphtha production from its refineries in the year 2013. International Petroleum Investment Company (IPIC) is the second largest naphtha producing company through its refinery and other plant operations and accounted for ~% of market share in UAE naphtha market
UAE is predicted to witness a huge surge in naphtha production. It is forecasted that the naphtha production will surge from ~thousand tons in the year 2014 to gigantic ~ thousand tons in 2018 due to the upcoming petrochemical projects and expanding refining capacities. The exports are anticipated to be analogous to the production and thereby augmented to register significant growth at an appreciable CAGR of ~% during the forecasted period 2013-2018.
Key Topics Covered in the Report:
- The market size of Middle East naphtha market in terms of naphtha production and naphtha consumption
- UAE naphtha market size by naphtha production and exports
- UAE naphtha market segmentation by naphtha production from refineries & plants and consumption in petrochemicals sector
- Industry Trends and developments in UAE naphtha market
- Competitive landscape and market share of major domestic players in UAE naphtha market
- Future outlook & projections of UAE and Middle East naphtha market
- Macro economic factors in UAE naphtha market
About Us
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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About
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as
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