LONDON, ICIS - ICIS, a trusted source of global petrochemical market intelligence, has released the 2015 version of the World Petrochemical Industry Aromatics Annual Study.
Global demand growth for benzene and paraxylene mean that the overall outlook for aromatics is positive for the coming years. However, the ride will be anything but smooth for industry players. Evolving market dynamics, such as the declining importance of styrene and tightening paraxylene margins, make robust strategy planning vital - especially as fragile global conditions persist.
The World Petrochemical Industry Aromatics Annual Study takes a close look at this rapidly changing industry. Using data from the ICIS Supply and Demand Database, the study analyses recent global developments, and the direction of key commodities, derivatives and regions. This must-have resource provides essential insights into global aromatics, to help you understand the evolving market situation, and accurately plan ahead.
‘Whilst growing demand is a positive sign for aromatics players, the coming years will see major changes in trade patterns and production. Developments such as the shale gas boom, for example, will continue to impact the competitive landscape, meaning industry participants must stay abreast of market conditions. The World Petrochemical Industry Aromatics Annual Study is designed to give you a clear picture of the industry, with in-depth analysis backed by trusted ICIS data.’ said Rob Peacock, Consultant, Aromatics, ICIS Consulting
Based on ICIS projections for gasoline supply/demand, the new World Petrochemical Industry Aromatics Annual Study from ICIS considers the availability of aromatics from co-product streams and the implications for regional aromatics imbalances in the major regions of the world. It also outlines actual and projected capacity for each major derivative per country. It includes:
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A wave of new capacity in Asia, low paraxylene margins, and the impact of the shale gas boom are causing concern amongst aromatics players. ICIS has produced a free white paper analysing the outlook for key products and regions, to give you clarity on the industry.
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