Europe Naphtha Demand Supply Analysis, By End Use (Gasoline Blending, Reforming, Steam Cracking and Others), Forecast & Opportunities, 2011-2026 - Research and Markets
Research and Markets has announced the addition of the "Europe
Naphtha Demand Supply Analysis, By End Use (Gasoline Blending,
Reforming, Steam Cracking and Others), Forecast & Opportunities,
2011-2026" report to their offering.
Europe naphtha consumption market is projected to register negative CAGR
by 2026
The reason behind the negative CAGR can be attributed to the closure of
naphtha based crackers as they have become uneconomical owing to price
volatility associated with naphtha and easy availability of cheaper
alternative feedstock i.e. natural gas.
New cracker capacities are being added that use natural gas as feedstock
and are very price competitive in comparison to petrochemicals derived
from naphtha cracking. The shale gas boom in the United States has
altered economics of global petrochemical business making them
competitive to prices offered by Middle East and Africa. Prominent
European players in petrochemical business are adding gas based cracker
capacities with the US supplying ethane for feeding their expanding
capacities.
The study is useful in providing answers to past, current and future
trends of naphtha consumption in Europe market. This study helps in
analysing specific country naphtha consumption trend which are useful
for industry stakeholders such as naphtha producers (refiners), Natural
Gas Liquid (NGL) plants, crude oil suppliers, naphtha traders, shipping
companies, regulatory bodies.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Analyst View
4. Global Naphtha Market Outlook
5. Europe Naphtha Market Outlook
For more information about this report visit http://www.researchandmarkets.com/research/3h3zc8/europe_naphtha
View source version on businesswire.com: http://www.businesswire.com/news/home/20170519005280/en/
Copyright Business Wire 2017
Source: Business Wire
(May 19, 2017 - 7:10 AM EDT)
News by QuoteMedia
www.quotemedia.com