Now Available: Saudi Arabia Petrochemicals Report Q1 2016

Boston, MA -- (SBWire) -- 11/13/2015 --The opening of the mixed-feed Sadara petrochemicals complex should help boost Saudi Arabia's external competitiveness, helping to leverage low oil prices to its favour with greater use of naphtha feedstock. However, a challenging Asian market environment means margins will continue to come under pressure due to softening product prices.

Growth in Saudi Arabia's petrochemicals capacity will come at a time when China - Saudi Arabia's key export market - is ramping up its capacities, including a total of 3mn tonnes per annum (tpa) of ethylene, while the country is seeing slower consumption growth. Added to the supply situation is the potential for Iranian output to enter the market as sanctions are eased.

Saudi Arabia is pressing ahead with its drive towards greater feedstock flexibility, which should buffer it against the challenge posed by competition with shale-derived ethane-based production in the US, coal-to-olefins production in China and Asian producers benefitting from the drop in naphtha prices. Saudi Arabia is also seeking to diversify into a broader, higher value-added product chain in order to see off challenges from Iran and other producers that are rapidly increasing their global market share.

Get More Details on this Report and a Full Table of Contents at Saudi Arabia Petrochemicals Report Q1 2016

Plant shut-downs in Q115 will have a negative impact on full-year financial results for Saudi petrochemicals operations, but many are banking on 2016 being a better year with an upturn in business in the second half.

By 2019, BMI forecasts ethylene and propylene capacities will rise to 19.52mn tpa and 7.00mn tpa respectively, with Saudi Kayan's commercial operations set to contribute the bulk of the increase. Total polyethylene capacity will rise to 10.23mn tpa by 2019, polypropylene will increase to 5.65mn tpa, polystyrene will reach 375,000tpa and polyvinyl chloride will remain unchanged at 855,000 tpa.

The Saudi Arabia Petrochemicals Report has been researched at source, and features BMI Research's market assessment and independent forecasts for key petrochemicals sub-sectors. The report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing companies by products and services, sales, market share, investments, projects, partners and expansion strategies.

BMI's Saudi Arabia Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Saudi petrochemicals industry.

Key Benefits

-Benchmark BMI's independent petrochemicals industry forecasts to test other views - a key input for successful budgetary and planning in the Saudi petrochemicals market.
-Target business opportunities and risks in the Saudi petrochemicals sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Saudi Arabia.
-Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

Summary of BMI?s key industry forecasts, views and trend analysis, covering the petrochemicals markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the petrochemicals sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2009-2013) and forecasts to end-2019 for key industry and economic indicators, supported by explicit assumptions, plus analysis of key risks to the main forecasts. Indicators include:

-Energy: Oil production (?000 b/d), oil consumption (?000 b/d), net oil exports (?000 b/d), gas production (bcm), gas consumption (bcm), net gas exports (bcm), oil refinery capacity (?000 b/d).
-Petrochemicals: Ethylene capacity (?000 tpa), ethylene production (?000 tpa), ethylene consumption (?000 tpa), polyethylene capacity (?000 tpa), polypropylene capacity (?000 tpa), polyvinyl chloride capacity (?000 tpa), polyolefins consumption (?000 tpa).
-Oil Products Prices: Price forecasts for all major oil-based products (USD/bbl) at major global energy trading hubs.
-Economic: Nominal GDP (USDbn), real GDP growth (%), GDP per capita (USD), population (mn), unemployment (%), exchange rate (against USD).

BMI?s Petrochemicals Risk Reward Index

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Energy research reports at Fast Market Research

You may also be interested in these related reports:

-Czech Republic Petrochemicals Report Q1 2016
-Egypt Petrochemicals Report Q1 2016
-Algeria Petrochemicals Report Q1 2016
-Azerbaijan Petrochemicals Report Q1 2016
-Israel Petrochemicals Report Q1 2016