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.
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Complete Report with TOC @ http://www.radiantinsights.com/research/qatar-naphtha-market-research-report
Middle East Naphtha Market has
witnessed an appreciable growth at a CAGR of 7.7% during the period 2007-2013.
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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