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Kuwait Naphtha Market Outlook to 2018 - Demand for Naphtha Exports to Lead Industry Transformation

  • September 2014
  • -
  • Ken Research Private Limited
  • -
  • 45 pages

Summary

Table of Contents

EXECUTIVE SUMMARY

The report titled “Kuwait Naphtha Market Outlook to 2018 - Demand for Naphtha Exports to Lead Industry Transformation” presents a comprehensive analysis of the industry covering aspects including market size by naphtha production, 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 discussion on the recent trends and developments in the market and the competitive scenario of major players in Kuwait naphtha market.
The supply and demand chain of naphtha in Kuwait affects the countries across the globe as the country exports its entire naphtha production. The potential factors affecting naphtha production and exports in Kuwait 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. Kuwait is the second largest country operating in Middle East naphtha market. Naphtha production has witnessed a substantial growth at a CAGR of ~% during the period 2007-2013. The country principally exports to continents such as Asia.
Kuwait produces naphtha either through its refinery operations or through various processing techniques employed at its chemical plants. Kuwait has produced more than 80% of its total naphtha from refinery operations at a noticeable CAGR of 2.8% during the period 2007-2013. The production from these plants has fairly increased from ~% in the year 2007 to ~% of the total naphtha production in the year 2013. The naphtha which is consumed for petrochemical’s production is not utilized for indigenous use rather exported to other countries. The country drives its oil & gas related activities through Kuwait Petroleum Corporation (KPC), Kuwait National Petroleum Company (KNPC) and its subsidiaries.
The naphtha exports are the basis for the rising naphtha production in Kuwait. It is forecasted that the naphtha production will surge from ~ thousand tons in the year 2014 to gigantic ~ thousand tons by the year 2018 due to the upcoming petrochemical projects. 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
- Kuwait naphtha market size by naphtha production and exports
- Kuwait naphtha market segmentation by naphtha production from refineries & plants and consumption in petrochemicals sector
- Industry Trends and developments in Kuwait naphtha market
- Competitive landscape of major domestic players in Kuwait naphtha market
- Future outlook & projections of Kuwait and Middle East naphtha market
- Macro economic factors in Kuwait naphtha market

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