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市場調查報告書
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1197689

石腦油市場 - 增長、趨勢、COVID-19 的影響、預測 (2023-2028)

Naphtha Market - Growth, Trends, and Forecasts (2023 - 2028)

出版日期: | 出版商: Mordor Intelligence | 英文 120 Pages | 商品交期: 2-3個工作天內

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簡介目錄

在預測期內,全球石腦油市場的複合年增長率預計將超過 4%。

COVID-19 大流行將嚴重影響全球石腦油市場。 大流行對建築業的增長產生了巨大影響。 為應對大流行而實施的封鎖措施擾亂了建築材料的供應鏈。 這也造成了勞動力的嚴重短缺。 幾個主要建設項目長時間停工,減少了對油漆和塗料及其添加劑的需求,阻礙了石腦油市場的增長。 同樣,航空航天業也受到了 COVID-19 大流行的巨大影響。 然而,大流行後經濟的開放和政府對工業的支持增加了對石腦油的需求,顯示出市場增長復甦的跡象。

主要亮點

  • 從中期來看,石腦油作為石化行業原料的需求不斷增加,預計將推動石腦油市場的增長。 預計印度化肥需求的增長也將提振石腦油的需求。
  • 這個市場的驅動因素是印度對化肥的需求不斷增加。 此外,中國、印度和日本等國家的快速工業化和城市化正在推動交通部門的增長,刺激了對汽油的需求並增加了石腦油市場的需求。
  • 美國對天然氣液體的需求預計會阻礙石腦油市場的增長。
  • 中國、印度和日本等新興國家對石腦油的需求不斷增加,預計亞太地區將主導全球市場。

石腦油市場趨勢

石化行業需求增加

  • 石腦油作為輕石腦油和重石腦油用於各種行業。 在石化工業中,石腦油主要用作原料。 大約 50% 的石腦油用於石化工業。
  • 石化行業使用石腦油生產芳烴和烯烴,例如苯、丁二烯、乙烯、甲苯和丙烯。 隨著行業的持續增長,我們正在積極努力保持石腦油市場的開放。
  • 富含烯烴的石腦油主要用作經濟高效的高辛烷值柴油加工的原料。 在快速城市化和全球人口對具有成本效益的燃料的需求增加的推動下,新興國家和發達國家的石腦油消費量均有所增加。
  • 在印度、中國和東盟等新興經濟體中,石腦油的消費量和產量都在增加。 例如,馬來西亞的石化工業最近隨著大量外國直接投資的湧入而蓬勃發展。 馬來西亞國有石油和天然氣公司 Petronas 宣布與沙特阿美公司成立兩家合資企業,在柔佛州開展價值 70 億美元的煉油和石化綜合開發 (RAPID) 項目。 通過上述合作,已建成日加工原油30萬桶的煉油廠和6座年產總產量超過350萬噸的石化廠。
  • 根據美國能源信息署發布的數據,全球精煉石油產品的消費量在大流行之後顯著增加。
  • 預計英國將引領歐洲地區石油和天然氣行業的未來項目,佔計劃到 2025 年啟動的管道項目的 25%。 可預見的未來,全國規劃的油氣產業項目有111個,其中上游83個,中游23個,煉油3個,石化2個。
  • 截至 2022 年 9 月,石化公司 Ineos 在丹麥開發了一個油氣田,這是該國長期以來的首次批准。 INEOS 將與 Danoill 和 Nordsfonden 共同開發北海的 Solsort West 油田,預計將於 2023 年第四季度首次生產石油和天然氣。
  • 因此,上述因素預計將增加終端用戶行業各種應用對石腦油的需求。 因此,預計這將在預測期內推動石腦油需求。

亞太地區主導市場

  • 全球市場份額由亞太地區主導。 石化、化肥、油漆和塗料等各種終端消費行業的增長不斷增加了中國、印度和日本等國家對石腦油的需求。
  • 日本航空航天工業為商用和國防飛機製造飛機零件。 由於貨運需求增加,商用飛機產量在過去幾年有所增加。
  • 韓國國防裝備局計劃投資 21 億美元開發輕型飛機,計劃於 2033 年服役。 現代重工參與了這一製造過程,每年的維護費用為 2.1 億美元。
  • 澳大利亞的航空航天業是澳大利亞最重要的產業之一,貢獻了該國約 2% 的 GDP,控制著全球約 10% 的空域。 此外,澳大利亞的航空航天和國防工業包括大約 1,000 家公司,年營業額約為 40 億美元。 在這一總收入中,45% 來自出口到歐洲、美國、中國和東盟國家。
  • 未來幾年,市場增長趨勢預計將保持不變,從而推動該地區的增長。

石腦油市場競爭對手分析

石腦油市場具有部分整合的性質。 從市場份額的角度來看,目前少數玩家主導著市場。 市場上的主要參與者是 Reliance Industries Limited、埃克森美孚公司、沙特阿拉伯石油公司(Saudi Aramco)、Formosa Petrochemical Corporation 和 LG Chem(排名不分先後)。

其他好處

  • Excel 格式的市場預測 (ME) 表
  • 3 個月的分析師支持

內容

第一章介紹

  • 調查先決條件
  • 調查範圍

第二章研究方法論

第 3 章執行摘要

第四章市場動態

  • 司機
    • 亞太地區對石化產品的需求增加
    • 印度不斷增長的化肥需求
  • 阻礙因素
    • 美國對天然氣液體的需求不斷增長
  • 工業價值鏈分析
  • 行業吸引力 - 波特五力分析
    • 供應商的議價能力
    • 消費者的議價能力
    • 新進入者的威脅
    • 替代品的威脅
    • 競爭公司之間的敵對關係
  • 原材料分析

第 5 章市場細分(市場規模:基於數量)

  • 按類型
    • 輕石腦油
    • 重石腦油
  • 按最終用戶行業
    • 石化
    • 農業用途
    • 油漆和塗料
    • 航空航天
    • 其他最終用戶行業
  • 區域信息
    • 亞太地區
      • 中國
      • 印度
      • 日本
      • 韓國
      • 其他亞太地區
    • 北美
      • 美國
      • 加拿大
      • 墨西哥
    • 歐洲
      • 德國
      • 英國
      • 意大利
      • 法國
      • 其他歐洲
    • 南美洲
      • 巴西
      • 阿根廷
      • 其他南美洲
    • 中東
      • 沙特阿拉伯
      • 南非
      • 其他中東地區

第六章競爭格局

  • 併購、合資企業、合作、合同
  • 市場份額 (%)**/排名分析
  • 主要參與者採用的策略
  • 公司簡介
    • AMOC(Alexandria Mineral Oils Co.)
    • BP PLC
    • Chevron Phillips Chemical Company LLC
    • China National Petroleum Corporation(CNPC)
    • China Petroleum & Chemical Corporation(SINOPEC)
    • Exxon Mobil Corporation
    • Formosa Petrochemical Corporation
    • LG Chem
    • MGTPetroil.com
    • PetroChina Company Limited
    • Petroleos Mexicanos
    • Reliance Industries Limited
    • Royal Dutch Shell PLC
    • SASOL
    • SABIC
    • Saudi Arabian Oil Co.(Saudi Aramco)

第7章 市場機會今後動向

簡介目錄
Product Code: 66080

The global naphtha market is projected to register a CAGR of more than 4% during the forecast period.

The COVID-19 pandemic severely impacts the global naphtha market. The pandemic significantly affected the construction industry's growth. The lockdown imposed in response to the pandemic disrupted the construction materials supply chain. It also caused a significant shortage of workforce. Several major construction projects have been shut down for a considerable amount of time, which led to a decrease in demand for paints and coatings and their additives, thus, hindering the naphtha market growth rate. Similarly, the aerospace industry is severely affected by the COVID-19 pandemic. But, in the post-pandemic period, the opening of economies and government support to different industries led to increasing demand for naphtha and showing signs of recovery of market growth.

Key Highlights

  • Over the medium term, the naphtha market growth is likely driven by the rising demand for naphtha as a feedstock in the petrochemical Industry. Additionally, the increasing need for fertilizers in India will likely boost the demand for naphtha.
  • The primary driver of the market studied is the rising demand for fertilizers in India. Moreover, due to rapid industrialization and urbanization in countries, like China, India, and Japan, the transportation sector is growing, stimulating the gasoline demand and driving the need for the naphtha market.
  • The demand for natural gas liquid in the United States is expected to hinder the growth of the naphtha market.
  • With the increasing demand for naphtha from fast-developing countries like China, India, and Japan, the Asia-Pacific region is expected to dominate the global market.

Naphtha Market Trends

Rising Demand from Petrochemical Industry

  • Naphtha is used in various industries as light naphtha and heavy naphtha. Naphtha is majorly used in the petrochemical industry as feedstock. Around 50% of the naphtha produced is being used in the petrochemical industry.
  • In the petrochemical industry, naphtha is used for manufacturing aromatics and olefins, like benzene, butadiene, ethylene, toluene, and propylene. Continuous growth in the industry makes it proactive in maintaining the development of the naphtha market.
  • Olefin-rich naphtha is mainly used as a feedstock for processing cost-effective high-octane diesel. Naphtha consumption increased in both emerging and industrialized economies due to the increasing demand for cost-effective fuel due to rapid urbanization and a growing global population.
  • Naphtha consumption and production are growing in fast-developing economies such as India, China, and ASEAN. For instance, the Malaysian petrochemical industry is multiplying recently, with many FDIs flowing into the country. A Malaysian national oil and gas company, Petronas, along with Saudi Aramco, announced the establishment of two joint ventures for the Refinery and Petrochemicals Integrated Development (RAPID) project in Johor, worth USD 7 billion. The collaboration mentioned above resulted in a refinery construction with a capacity to process 300,000 barrels of crude oil per day and six petrochemical plants with a combined annual output of more than 3.5 million metric tons.
  • As per data published by US Energy Information Administration, the global consumption of refined petroleum products increased significantly in the post-pandemic period.
  • The United Kingdom is expected to lead the upcoming projects in the European region's oil and gas sector, accounting for 25% of the pipelined projects which are likely to commence by 2025. The country shall be boasting 111 oil and gas industry projects in the near term, out of which 83 will be upstream projects, 23 will be midstream, with refinery and petrochemical at three and two, respectively.
  • As of September 2022, Ineos, a petrochemicals company, will develop an oil and gas field in Denmark, marking the country's first approval of such a project in years. INEOS will collaborate with Danoill and Nordsfonden to develop the Solsort West field in the North Sea, with the first oil and gas production expected in the fourth quarter of 2023.
  • Hence, the above factors are likely to increase the demand for naphtha for various applications in the end-user industries. Thus, this is expected to drive the demand for naphtha during the forecast period.

Asia-Pacific to Dominate the Market

  • The Asia Pacific region dominated the global market share. Due to the growth in various end-user industries, such as petrochemical, fertilizers, paints, and coatings, the demand for naphtha is continuously rising in countries such as China, India, and Japan.
  • The Japanese aerospace industry manufactures aircraft components for commercial and defense aircraft. Commercial aircraft production is increasing over the past couple of years owing to the increasing cargo demands.
  • The South Korean Defense Acquisition Program Administration (DAPA) plans to work on light aircraft with an investment of USD 2.1 billion, which is expected to be operable in 2033. Hyundai Heavy Industries is involved in this manufacturing process with annual maintenance of USD 210 million.
  • The Australian aerospace industry is one of the significant industries in the country, which contributes to around 2% of its GDP and manages about 10% of the world's airspace. Moreover, Australia's aerospace and defense industry includes approximately 1,000 firms and generates around USD 4 billion in annual revenue. Of this total revenue, 45% comes from exports to Europe, the United States, China, and ASEAN countries.​
  • The growth trend of the market is likely to remain the same in the next few years, which will drive its growth in the region.

Naphtha Market Competitor Analysis

The naphtha market is partially consolidated in nature. In terms of market share, few players currently dominate the market. Key players in the market include Reliance Industries Limited, Exxon Mobil Corporation, Saudi Arabian Oil Co. (Saudi Aramco), Formosa Petrochemical Corporation, and LG Chem(not in any particular order).

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand for Petrochemicals in Asia Pacific
    • 4.1.2 Rising Demand for Fertilizers in India
  • 4.2 Restraints
    • 4.2.1 Natural Gas Liquid Demand in the United States
  • 4.3 Industry Value Chain Analysis
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 Feedstock Analysis

5 MARKET SEGMENTATION (Market Size in Volume)

  • 5.1 By Type
    • 5.1.1 Light Naphtha
    • 5.1.2 Heavy Naptha
  • 5.2 By End-user Industry
    • 5.2.1 Petrochemical
    • 5.2.2 Agriculture
    • 5.2.3 Paints and Coatings
    • 5.2.4 Aerospace
    • 5.2.5 Other End-user Industries
  • 5.3 By Geography
    • 5.3.1 Asia Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 South Korea
      • 5.3.1.5 Rest of Asia Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 United Kingdom
      • 5.3.3.3 Italy
      • 5.3.3.4 France
      • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 Rest of Middle-East

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/ Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AMOC (Alexandria Mineral Oils Co.)
    • 6.4.2 BP PLC
    • 6.4.3 Chevron Phillips Chemical Company LLC
    • 6.4.4 China National Petroleum Corporation (CNPC)
    • 6.4.5 China Petroleum & Chemical Corporation (SINOPEC)
    • 6.4.6 Exxon Mobil Corporation
    • 6.4.7 Formosa Petrochemical Corporation
    • 6.4.8 LG Chem
    • 6.4.9 MGTPetroil.com
    • 6.4.10 PetroChina Company Limited
    • 6.4.11 Petroleos Mexicanos
    • 6.4.12 Reliance Industries Limited
    • 6.4.13 Royal Dutch Shell PLC
    • 6.4.14 SASOL
    • 6.4.15 SABIC
    • 6.4.16 Saudi Arabian Oil Co. (Saudi Aramco)

7 MARKET OPPORTUNITIES AND FUTURE TRENDS