The global refining industry is currently going via an overhaul, with the focus shifting from the west to the east. The epicenter of the refining trade shall be transferring towards the Asia-Pacific, with China and India because the front runners within the export-oriented market.
The examine goals to analyze and forecast the worldwide refining market, as properly because the trends and opportunities for 2017.
Analysis Scope:
Market developments (current refining capability, demand analysis for refined merchandise, refinery margins, mew capability additions)
Regional traits (Europe, North America, China, Middle East, Africa, India)
Capacity web utilization, refinery margins, new capability additions, capacity expansions of present refineries, and operations and upkeep investments are analysed for various regions
Key opportunities for areas with high development potentials based mostly on their funding methods
Market measurements are analyzed from 2013 to 2023 with 2016 as the base year. International refining demand is analyzed based mostly on the product segment (mainly light, medium, and heavy merchandise) and their year-on-year growth rates. Regional demand for these products is also analyzed to give a worldwide perspective. Growth of refined products in the long run-consumer segment has additionally been discussed to know the consumption pattern during the forecast interval.
The provision aspect analysis is finished by world capability addition and its year-on-year growth rate. Region-clever net capacity addition was used to carry out the forecast for 2023. Growth opportunities in new capacity additions are compared for OECD and non-OCED international locations. Laws and adjustments in crude oil qualities are forcing refiners to both shutdown or upgrade their refineries to fulfill the new requirements. The study also covers trends, methods, and applied sciences adopted by numerous areas to overcome these challenges.
The research discusses the investment required for refineries in varied regions and the important thing excessive valued initiatives, which might change the face of refining industry in these regions. Lastly, the research covers the present and future internet utilization of the refineries in all of the regions, primarily based on the capability and annual throughput.
Key Questions this Examine will Reply:
1. What is the status of the global refining industry? Which are the rising regions for the refining trade?
2. What are the present capacities of refineries throughout the globe? Which are the areas the place new capacity additions are going down?
Three. How does a refinery margin effect the operations of refineries? What are a number of the regional traits in refining margin?
Four. Where is the new capability addition happening (major models versus secondary items)?
5. What are the investment trends in the global refining industry? That are the important thing segments where this capital expenditure is invested?
