Egypt Naphtha Market Outlook to 2018 - Industry Shift from Natural gas to Naphtha - Ken Research

Egypt Naphtha Market Outlook to 2018 – Industry Shift from Natural gas to Naphtha

  • In Egypt, the naphtha production in the country has plummeted from 2007 to 2013 which is likely to flourish with expanding petrochemical business in the country.
  • The exports are estimated to register significant growth at a stupendous CAGR of 7.6% during the forecasted period 2013-2018.
  • The rising naphtha production from the refineries will simultaneously intensify naphtha exports as well.

Ken Research announced its latest publication on “Egypt Naphtha Market Outlook to 2018” which provides a comprehensive analysis of naphtha market in Egypt. The report covers various aspects such as market size by naphtha production and naphtha exports and market segmentation by production of naphtha from refineries. The report additionally entails a detailed description on the recent trends and developments in the market and the competitive scenario of major players in industry along with the production share of major companies in Egypt naphtha market. The report is useful for naphtha producing companies, marketing companies, petrochemicals and other concerned chemical companies and followed by new players venturing in the market.

Egypt Naphtha Market1The potential factors affecting naphtha production and exports in Egypt are oil production, prices and demand in refineries, petrochemicals and chemical industry followed by diversifying product portfolio obtained from naphtha. . Egypt affects the countries across the globe, as the country exports its entire naphtha production. Egypt is the fifth largest naphtha producer in the Middle East region. However, naphtha production in the country has witnessed a declining CAGR of -2.6% during the period 2007-2013, because of the country’s diverted attention towards low cost feedstock such as ethane. Egyptian General Petroleum Corporation (EGPC) Company is the leading producer of naphtha in the country.

According to the research report, naphtha production in Egypt will grow at an escalating CAGR of 7.6% during the forecasted period 2013-2018 due to the developing naphtha crackers.

“Egypt is shifting from ethane as feedstock to naphtha for its petrochemicals and other chemicals production. Egypt Government is working in the direction to support downstream activities such as construction of Tahrir Petrochemical complex based on naphtha cracker. The plant will create enormous employment opportunities and will enhance petrochemical products line up. The government is working with national export credit agencies to inflate the financing of the Tahrir petrochemical project. The oil & gas Exploration & Production (E&P) activities are expected to increase in the country. Moreover, it is estimated that the country’s expanding petrochemical business and increasing demand of naphtha is likely to flourish both indigenous naphtha production and exports. – According to the Research Analyst, Ken Research.

Key Topics Covered in the Report:

Egypt Naphtha Market

–          Middle East Market Size by naphtha production and naphtha consumption

–          Egypt naphtha market size by naphtha production and exports

–          Market Segmentation by

o   Production from refineries

–          Trends and Development

–          Competition and Production Share of Leading Companies

–          Future Outlook & Projections of Egypt and Middle East naphtha market

–          Macro Economic Parameters

Key Findings from the Report

–          Egypt is gradually moving from ethane as feedstock to naphtha for its petrochemicals production.

–          The country is expected to expand its refining capacity at a double digit growth rate at an astonishing CAGR of 12.8% during the period 2013-2018.

Companies Covered in the Report

Egyptian General Petroleum Corporation (EGPC)

Egyptian Refining Company (ERC)

Middle East Oil Refinery (MIDOR)

Alexandria National Refining & Petrochemicals Company (ANPRC)

Browse and Download Report Here – http://www.kenresearch.com/oil-and-gas/natural-gas/egypt-naphtha-market-research-report/569-109.html

Related Reports:

Australia LNG Industry Outlook to 2018 – Upcoming LNG Projects to Drive the Future Growth

Europe Biofuel Market Outlook to 2016 – Compelling Potential in Bio Diesel Segment

India PET Preform Market Outlook to 2018 – Rising Demand for PET Packaging to Provide Growth Impetus

India Carbon Fiber and Composites Market Outlook to 2018 – Surging Demand from Aerospace, Defence and Industrial Sectors

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Tags: , , , , , , , , , , ,

scroll to top