Docstoc

Global Refinery Coking Units

Document Sample
Global Refinery Coking Units Powered By Docstoc
					Global Refinery Coking Units - Market Analysis, Capacity Forecasts and Competitive
Landscape to 2015

Increasing Demand for High Quality Petroleum Products is Driving the Growth in Global
Coking Industry

Demand for cleaner petroleum products is increasing across the globe. Both developing
and developed nations are standardizing their environmental regulations, which are
forcing the use of cleaner products. This is resulting in strong demand for complex
refineries across the globe. Even developing nations with low emission standards are
increasing their coking capabilities to compete with other exporting markets.

Despite huge investment costs, companies are investing in coking units due to the
ongoing shift towards cleaner petroleum products. In addition, strong and continuously
growing returns from the industry are also encouraging companies to invest in the coking
industry.

For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Global-Refinery-Coking-Units-
Market-Analysis-Capacity-Forecasts-and-Competitive-Landscape-to-
2015&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Energy_and
_Utilities

Global coking capacity is expected to increase from 291.1 Million Metric Tons Per
Annum (MMTPA) in 2009 to 373.2 MMTPA in 2015 at an Average Annual Growth Rate
(AAGR) of 4.1%. Of the 82.1 MMTPA capacity increase, 66% will be from the world’s
largest coking markets - the US, China and India. Together, these three markets will
witness an increase of 53.8 MMTPA in this period. Increasing domestic demand is the
major driver for the capacity growth in these markets. In addition, India and China also
plan to emerge as leading petroleum product exporters, which is also encouraging their
investments in the coking industry.

The Middle East and Africa have the largest proven crude oil reserves in the world.
Around half of the world’s oil reserves are located in this region. However, the region has
limited presence in the coking industry. As of 2009, the region had a coking capacity of
7.1 MMTPA, accounting for less than 3% of global capacity. This is largely due to
relatively low demand for cleaner products in the region. As the regional and national
emission rules in this region are not stringent, low-quality petroleum products are
consumed in the region. However, with most oil-producing countries planning to emerge
as leading petroleum product exporters, the number of complex refineries in the region is
increasing. By 2015, the Middle East and Africa coking capacity will more than double to
15.1 MMTPA.

GlobalData’s new report “Global Refinery Coking Units - Market Analysis, Capacity
Forecasts and Competitive Landscape to 2015” provides an in-depth analysis on the
world’s coking markets, companies and coking refineries. The report provides a detailed
analysis of the global refinery coking industry with a focus on the key trends and issues
for the market’s growth until 2015. The research provides capacity forecasts to 2015 and
examines the competitive landscape in detail. The report details future coking projects
and their impact on the national and regional coking markets.


For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Global-Refinery-Coking-Units-
Market-Analysis-Capacity-Forecasts-and-Competitive-Landscape-to-
2015&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Energy_and
_Utilities

Visit our report store: http://www.globaldata.com

For more details contact:
pressreleases@globaldata.com
North America:        +1 646 395 5477
Europe:               +44 207 753 4299
                      +44 1204 543 533
Asia Pacific:         +91 40 6616 6782

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:8
posted:11/24/2010
language:English
pages:2
Description: Increasing Demand for High Quality Petroleum Products is Driving the Growth in Global Coking Industry