Executive
Summary
The report
titled “Saudi Arabia Naphtha Market Outlook to 2018 - Expanding Refining
Capacities to Stimulate the Market” presents a comprehensive analysis of the
industry covering aspects including 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
also 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 Saudi Arabia naphtha market.
Additionally, report helps to analyze the Saudi Arabia naphtha production,
consumption and future with the overall Middle East naphtha market performance.
For
more information kindly visit: http://www.radiantinsights.com/research/saudi-arabia-naphtha-market-research-report
The supply
and demand chain of naphtha in Saudi Arabia affects the countries across the
globe as the country is the leading exporter of naphtha in the Middle East
region. The potential factors affecting naphtha production and consumption in
Saudi Arabia are oil production, prices and demand in refineries,
petrochemicals and chemical industry followed by 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. Saudi Arabia produces naphtha through crude oil
refining or through gas processing, cryogenic techniques in plants. The
increasing oil production has simultaneously mounted total naphtha production
from 14,610.0 thousand tons in 2007 to ~ thousand tons in the year 2013. The
naphtha production dynamics has witnessed an escalating growth at a CAGR of ~%
during the period 2007-2013.
Saudi
Arabia is the second largest naphtha consumer after Iran in the Middle East
region. Saudi Arabia is the largest exporter of naphtha in the Middle East
region. The country has exported ~ thousand tons of naphtha in 2007, which
swelled to ~ thousand tons of naphtha in the year 2013.
The
naphtha production in Saudi Arabia is contributed by 8 refineries. Enhancement
in the refineries capacities has eventually contributed to increased naphtha
production at a stupendous CAGR of ~% during the period 2007-2013. The
country’s naphtha consumption has witnessed a CAGR of ~% during the period
2007-2013. The naphtha utilization for ethylene production has accounted for
736 thousand tons in 2007 which has eventually soared to ~ thousand tons in
2011.
The Saudi
Arabian Oil Company (Saudi Aramco) is the leading producer of naphtha, thereby
commanding a production share of ~% through naphtha production from its
refineries. Rabigh Refining & Petrochemical Company (Petro Rabigh) is the
second largest naphtha producing company through its refinery operation and
accounted for ~% of production share in Saudi Arabia naphtha market.
Saudi
Arabia is likely to leverage its naphtha production through enhancing refining
capacities and upcoming petrochemical projects. Naphtha production in the
country will swell from ~ thousand tons in the year 2014 to massive ~ thousand
tons by 2018. 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.
Key Topics
Covered in the Report:
- The market size of Middle East
naphtha market in terms of naphtha production and naphtha consumption
- Saudi Arabia naphtha market size
by naphtha production, consumption and exports
- Saudi Arabia naphtha market
segmentation by naphtha production from refineries & plants and gross
inland availability of naphtha
- Saudi Arabia naphtha market
segmentation by naphtha consumption by different sectors including consumption
in petrochemicals sector
- Industry Trends and developments
in Saudi Arabia naphtha market
- Competitive landscape of major
domestic players, including production shares of major companies in Saudi
Arabia naphtha market
- Future outlook & projections
of Saudi Arabia and Middle East naphtha market
- Macro economic factors in Saudi
Arabia naphtha market
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