Refining Industry to 2016 - Increasing Margins and Rise in Product Demand Set to Drive Capacity Expansions in Asia and Middle East
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Albany, NY -- (SBWire) -- 11/21/2013 --GBI Research's report, “Refining Industry to 2016 - Increasing Margins and Rise in Product Demand Set to Drive Capacity Expansions in Asia and Middle East " provides key information and analysis on the market opportunities in the refining market. The report provides the latest information on the refining capacity, throughput and utilization rate in various geographies. It gives detailed assessment of the market forces influencing the refining industry. The report also provides analysis of key countries in various geographies which includes India, Japan, China, Germany, Italy, Russian Federation, the US, Canada, Saudi Arabia, Iran, Kuwait, Brazil, Mexico and Venezuela. It also provides information on the competitive overview of various geographies.
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This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research's team of industry experts. The global refining industry is witnessing a rapid increase in the refining capacities of National Oil Companies (NOCs) across the globe. NOCs tend to cater to both the domestic demand and export issues. The prime objective of NOCs is on meeting the domestic petroleum product demand. Private players, such as ExxonMobil, BP Plc, Valero Energy and ConocoPhillips, presently dominate the industry.
However, the growth rate of these companies is low. Refinery utilization rates in the Asia-Pacific region have grown almost in sync with the global refinery utilization rates over the last decade. The utilization rate increased from 81.96% in 2000 to 82% in 2009. During the same period, the refining capacity in the region increased at a CAGR (compound annual growth rate) of 2.7%. Growing demand for clean products has resulted in strong growth in the refinery utilization rates in the Asia-Pacific region.
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Qualitative analysis of market drivers, key trends and factors affecting the future growth of refining industry.
Region wise (Asia-Pacific, Europe, Middle East and Africa, North America, South and Central America) refining capacity from 2000–2010, forecast forward for 6 years to 2016.
Refining capacity of the key countries in each region from 2000–2010, forecast foreword for 6 years to 2016.
Key topics covered include analysis of competitive landscape and information about the throughput and utilization rate of each region.
Competitive landscape of the modules market in each of the countries.
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