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
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