Middle East Turmoil and its Impact on the Global Petrochemicals Market

• Publication date: April 2011

Petrochemicals demand in Asia Pacific is still strong but European producers are now finding it hard to compete in a rapidly changing scenario. Recent turmoil in the Middle East region has led to a shortage in supply of crude oil, which has caused a sharp increase in crude oil prices. Crude oil prices have increased sharply from December 2010, when political unrest started in Tunisia, followed by other Middle East and North African countries, inc...

Petrochemicals demand in Asia Pacific is still strong but European producers are now finding it hard to compete in a rapidly changing scenario. Recent turmoil in the Middle East region has led to a shortage in supply of crude oil, which has caused a sharp increase in crude oil prices. Crude oil prices have increased sharply from December 2010, when political unrest started in Tunisia, followed by other Middle East and North African countries, including Algeria, Yemen, Egypt and Libya. The price of Brent crude has increased from USD 89 per barrel (bbl) in December 2010 to USD 120 bbl in April 2011. The North American petrochemicals market has remained insulated from the sharp price rise because of the high consumption of locally available natural gas as a key feedstock. However, the growth of the petrochemicals market in Asia Pacific and Europe will be severely hampered if the crude price continues to rise at the same pace.

Scope of the Research

- Analyses the impact of increase in crude oil prices on the petrochemical market
- Analyses the advantages of shale gas reserves in North America

Why Should You Get This Report?

- Develop a sound understanding of the Merger and Acquisition deals taking place in petrochemical market
- Formulate strategies based on the current trends in the market

Global Oil And Gas Energy Industry

1 Table of Contents

I Table of Contents 1
I. 1 List of Data tables 1
I. 2 List of Charts 1

II Summary 1

III Crude Oil Supply and Petrochemicals Market Across the Globe 1
III. 1 Increase in Crude Oil Prices on Account of Middle East Turmoil will Increase Operational Expenditure in Europe and Asia Pacific 1
III. 2 Feedstock Selection Essential in Gaining Competitive Advantage 2
III. 3 Huge Shale Gas Reserves Advantageous for North America Petrochemicals Market 2
III. 4 Integration of Refinery and Petrochemical Complexes will Help to Deal with Crude Price Volatility 3
III. 5 Conclusion 3

IV Appendix 4
IV. 1 Methodology 4
IV. 1.1 Coverage 4
IV. 1.2 Secondary Research 4
IV. 1.3 Primary Research 4
IV. 1.4 Expert Panel Validation 4
IV. 2 Contact Us 5
IV. 3 Disclaimer 5

1.1 List of Data tables
Data table 1: World Petroleum Market, Brent Crude Oil Prices, US$ /bbl, 2010 to 2011 2
Data table 2: World Ethylene Market, Capacity Share by Feedstock, %, 2010 2
Data table 3: Ethylene Market, North America and Asia Pacific, Ethylene Price, ($/Metric Ton), 2010 to 2011 3

1.2 List Of Figures
Chart 1: World Petroleum Market, Brent Crude Oil Prices, US$ /bbl, 2010 to 2011 2
Chart 2: World Ethylene Market, Capacity Share by Feedstock, %, 2010 2
Chart 3: Ethylene Market, North America and Asia Pacific, Ethylene Price, ($/Metric Ton), 2010 to 2011 3

Companies mentioned

Oil and Gas Energy in World

Global World Gas Consumption, Bcm, % Change Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 1994 To 2021
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : World

Global World Gas Consumption, Bcm

• $ 250
• Industry data
• February 2013

Yearly, From 1993 To 2021
By Business Monitor International
Source: EIA/BMI

• Industries : Oil and Gas Energy
• Countries : World

Global Developed States Generation, Natural Gas, % Y-o-y

• $ 250
• Industry data
• February 2013

Yearly, From 2000 To 2021
By Business Monitor International
Source: BMI

• Industries : Oil and Gas Energy
• Countries : World

Global Emerging Economies Generation, Natural Gas, Kwh Per Capita

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Oil and Gas Energy
• Countries : World

Global Emerging Economies Generation, Natural Gas, % Of Total Generation

• $ 250
• Industry data
• February 2013

Yearly, From 1999 To 2021
By Business Monitor International
Source: BMI

• Industries : Oil and Gas Energy
• Countries : World