Albany, NY -- (SBWIRE) -- 11/26/2018 -- In the wake of standardized environmental regulations embraced by countries, demand for clean petroleum products has soared. Moreover, not only developed nations, but developing nations, that too with low emission standards are expanding their coking capacities to battle with the competitors. These insights are according to the report titled "Global Refinery Coking Units Outlook To 2022 Capacity And Capital Expenditure Forecasts With Details Of All Operating And Planned Coking Units,"which has been recently added to the repository of Market Research Hub.
Though the investment cost is massive, investment in coking units has swelled due to the transition to clean and environmental friendly petroleum products. Moreover, the increasing returns from the industry have lured the companies and consequently, investment has surged for the coking units.
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The largest coking market is the U.S., China and India. Predominantly, India and China are set to shine as the leading petroleum product exporter. Whereas, Middle East and Africa, which is home to around 50% of the world's oil reserves, has the largest crude oil reserves. Having said that, the coking capacity is less than 4% vis-à-vis global capacity. This could be attributed to the lack of awareness and low demand for clean products.
Global Refinery Coking Units Outlook to 2022: Capacity and Capital Expenditure Forecasts with Details of all Operating and Planned Coking Units: Report Content
Scope of this report is to provide authentic and thorough analysis and data associated with the capacity and capital expenditure forecasts with details of all operating and planned coking units. These data incorporates the market size data, along with the graphical and textual analysis on the leading companies and the market growth trends. The report includes drivers, restraints, trends, predominant players in the market and product categories along with market estimation which has an impact on the market on a global scale.
The report delineates refinery name, country and refinery operator name along with the in-depth assessment on coking unit capacity for all active and new build refineries. Besides, report also delves into global and regional refinery capital expenditure with respect to countries till 2022.
The report begins with the executive summary which shows market size in terms of revenue, market value and production. Besides, a comprehensive analysis of the competitive landscape highlights profiles of eminent players in the global market space. In addition, the report also peruses the strategic moves, areas of interest, and developments undertaken by prominent players and it talks at length about the countries involved in coking units' capacities and capex.
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Global Refinery Coking Units Outlook to 2022: Capacity and Capital Expenditure Forecasts with Details of all Operating and Planned Coking Units: Research Methodology
A comprehensive and extensive research methodology has been embraced with respect to providing a research approach incorporating of secondary and primary research. The insights in the report is the attributed to the in-depth secondary research, primary interviews and in-house reviews by panel of experts.
The secondary research includes company websites, SEC filings and presentations by investors, industry white paper and statistical database. On the other hand, the primary research embodies face to face interviews, phonic interviews and e-mail interaction. To furnish with authentic report, expert panel examines the data collected from various sources.
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