LONDON, November 4, 2015 /PRNewswire/ --
ICIS, a leading provider of market intelligence for global petrochemicals, has released its 2015 version of the World Petrochemical Industry Olefins Annual Study.
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The olefins industry presents a mixed picture in 2015, with differing signals creating uncertainty about the strength and direction of key markets worldwide. As Asia and North America continue to increase capacity, concerns about underlying demand growth are ever-present, while the volatile political and economic climates threaten the overall recovery of petrochemicals.
The ICIS World Petrochemical Industry Olefins Annual Study provides a comprehensive analysis of the past and future developments of ethylene, propylene and butadiene (C4s) and their respective derivatives. The study draws upon data from the ICIS Supply and Demand Database, as well as insights from ICIS's global team of analysts. In doing so, they enable subscribers to understand market developments, identify trends and opportunities, and mitigate risk.
'Competing market forces are sending mixed signals about the state of the global olefins industry, with regional imbalances making it difficult for market participants to define their strategy for the medium- to long-term. In these volatile times, it's crucial to have a clear understanding of both global and regional dynamics. The ICIS annual studies provide detailed coverage and analysis of the industry and its direction,' said Kieran Cosgrove, Senior Consultant, Global Olefins & Derivatives, ICIS Consulting.
The World Petrochemical Industry Olefins Annual Study from ICIS offers an holistic view of global olefins in 2015, with far-reaching data and historical analysis from 2005 through forecasts out to 2030. The outlook and forecasts are derived by ICIS Consultants using a 'bottom-up' approach - reconciling demand with supply, local capacity and net trade, and validating analyses against general economic indicators. The study covers eight regions, to assess world trade and illustrate how new producers will impact on established exporting and importing areas. It includes:
- Historical data and forecasts (2005-2030)
- Demand trends and future growth for olefins
- World production, trends and capacity developments
- Interregional trade in monomers and derivatives
- Monomer surpluses and deficits
- Olefins trade flows - volumes per region and product
- Olefins production economics and pricing trends
Read more about the World Petrochemical Industry Olefins Annual Study at http://www.icis.com/world_olefins
About ICIS
ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.
With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. Some 350 of ICIS's staff are journalists engaged in reporting market prices and news, and ICIS is fully committed to upholding the highest journalistic principles of verification, corroboration and authentication. ICIS has a compliance framework that along with its methodologies and business processes adheres to the requirements of the IOSCO PRA Principles.
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