Summary
“Petrochemical Industry in the US - Abundant Feedstock Supply from the Shale Reserves to Revive the US Petrochemical Industry”. The study comes from the company’s petrochemical research group and provides in-depth analysis of the US petrochemicals industry, highlighting major features and explaining how the shale gas revolution is driving its revival. The report gives the historic and forecast demand and production figures and also discusses the feedstock supply scenario. Additionally, it profiles major liquid-rich shale plays in the US and explains the factors encouraging the growth of drilling activities in these shale plays. It has been built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s research team of industry experts.
The US petrochemicals industry is set to make a spectacular comeback after suffering from low demand and high feedstock costs for most of the previous decade. Emergence of the Middle East as a hub of basic petrochemicals production further eroded its competitiveness. In the middle of the last decade, the discovery of shale gas changed the dynamics of the US petrochemicals industry by leading to the revival of the natural gas industry which improved the ethane supply and created high profit margins at the end of 2011 and 2012. The shale plays are steadily taking center stage in the natural gas industry and so the petrochemicals industry is also hoping for an abundant supply of ethane feedstock in the future.
Drillers in the US are currently focusing on liquid-rich shale plays such as Eagle Ford, Barnett, Bakken and Marcellus, which, in addition to natural gas, provide valuable Natural Gas Liquids (NGL, a mixture of hydrocarbon gases such as ethane, propane, butane and isobutane), as by-product. As a result, NGL production in the US increased from 620 Million Barrels (MMbbl) in 2005 to 809 MMbbl in 2011. Ethane production has also received a boost from high NGL production and has increased from 236 MMbbl in 2005 to 338 MMbbl in 2011. It is expected to increase further as drilling in the liquid-rich shale areas continues into the future.
Scope
The report provides in-depth analysis of the opportunities and challenges facing manufacturers of petrochemicals in the US and abroad. Its scope includes -
Geological and economic characteristics of major NGL-rich shale plays in the US
Historic and forecast basic petrochemicals production and consumption
Historic and forecast ethylene capacity in the US
NGL and ethane production in the US
Natural gas production and consumption in the US and the share of shale gas in the total natural gas production
Natural gas price changes in the last decade
Planned ethylene plants based on shale gas
Major shale gas-based investments by petrochemicals companies in the US
Reasons to buy
The report will enhance your decision-making capability by allowing you to -
Understand the ethane supply scenario in the US
Develop market strategies with the help of specific insights into feedstock supply in the US
Identify opportunities in the US petrochemicals industry with the help of specific insights into future investments in the US
Increase future revenue and profitability with the help of insights into future opportunities and critical success factors in the US petrochemicals industry
Understand the current and likely future competitive scenario
For more information, please visit:
http://www.aarkstore.com/reports/Petrochemical-Industry-in-the-US-Abundant-Feedstock-Supply-from-the-Shale-Reserves-to-Revive-the-US-Petrochemical-Industry-246813.html
Or email us at contact@aarkstore.com or call +919272852585
Aarkstore Enterprise
Tel : +912227453309
Mobile No:+08149852585
Email : contact@aarkstore.com
Website : http://www.aarkstore.com
“Petrochemical Industry in the US - Abundant Feedstock Supply from the Shale Reserves to Revive the US Petrochemical Industry”. The study comes from the company’s petrochemical research group and provides in-depth analysis of the US petrochemicals industry, highlighting major features and explaining how the shale gas revolution is driving its revival. The report gives the historic and forecast demand and production figures and also discusses the feedstock supply scenario. Additionally, it profiles major liquid-rich shale plays in the US and explains the factors encouraging the growth of drilling activities in these shale plays. It has been built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s research team of industry experts.
The US petrochemicals industry is set to make a spectacular comeback after suffering from low demand and high feedstock costs for most of the previous decade. Emergence of the Middle East as a hub of basic petrochemicals production further eroded its competitiveness. In the middle of the last decade, the discovery of shale gas changed the dynamics of the US petrochemicals industry by leading to the revival of the natural gas industry which improved the ethane supply and created high profit margins at the end of 2011 and 2012. The shale plays are steadily taking center stage in the natural gas industry and so the petrochemicals industry is also hoping for an abundant supply of ethane feedstock in the future.
Drillers in the US are currently focusing on liquid-rich shale plays such as Eagle Ford, Barnett, Bakken and Marcellus, which, in addition to natural gas, provide valuable Natural Gas Liquids (NGL, a mixture of hydrocarbon gases such as ethane, propane, butane and isobutane), as by-product. As a result, NGL production in the US increased from 620 Million Barrels (MMbbl) in 2005 to 809 MMbbl in 2011. Ethane production has also received a boost from high NGL production and has increased from 236 MMbbl in 2005 to 338 MMbbl in 2011. It is expected to increase further as drilling in the liquid-rich shale areas continues into the future.
Scope
The report provides in-depth analysis of the opportunities and challenges facing manufacturers of petrochemicals in the US and abroad. Its scope includes -
Geological and economic characteristics of major NGL-rich shale plays in the US
Historic and forecast basic petrochemicals production and consumption
Historic and forecast ethylene capacity in the US
NGL and ethane production in the US
Natural gas production and consumption in the US and the share of shale gas in the total natural gas production
Natural gas price changes in the last decade
Planned ethylene plants based on shale gas
Major shale gas-based investments by petrochemicals companies in the US
Reasons to buy
The report will enhance your decision-making capability by allowing you to -
Understand the ethane supply scenario in the US
Develop market strategies with the help of specific insights into feedstock supply in the US
Identify opportunities in the US petrochemicals industry with the help of specific insights into future investments in the US
Increase future revenue and profitability with the help of insights into future opportunities and critical success factors in the US petrochemicals industry
Understand the current and likely future competitive scenario
For more information, please visit:
http://www.aarkstore.com/reports/Petrochemical-Industry-in-the-US-Abundant-Feedstock-Supply-from-the-Shale-Reserves-to-Revive-the-US-Petrochemical-Industry-246813.html
Or email us at contact@aarkstore.com or call +919272852585
Aarkstore Enterprise
Tel : +912227453309
Mobile No:+08149852585
Email : contact@aarkstore.com
Website : http://www.aarkstore.com
No comments:
Post a Comment