Petrochemical Industry in the US - Abundant Feedstock Supply from the Shale Reserves to Revive the US Petrochemical Industry
Petrochemical Industry in the US - Abundant Feedstock Supply fromthe Shale Reserves to Revive the US Petrochemical Industry
Summary GlobalData, the industry analysis specialist, has released its latest research, Petrochemical Industry inthe US Abundant Feedstock Supply from the Shale Reserves to Revive the US Petrochemical Industry.The study comes from the companys petrochemical research group and provides in-depth analysis ofthe US petrochemicals industry, highlighting major features and explaining how the shale gasrevolution is driving its revival. The report gives the historic and forecast demand and productionfigures and also discusses the feedstock supply scenario. Additionally, it profiles major liquid-rich shaleplays in the US and explains the factors encouraging the growth of drilling activities in these shaleplays. It has been built using data and information sourced from proprietary databases, primary andsecondary research and in-house analysis by GlobalDatas research team of industry experts.The US petrochemicals industry is set to make a spectacular comeback after suffering from lowdemand and high feedstock costs for most of the previous decade. Emergence of the Middle East as ahub of basic petrochemicals production further eroded its competitiveness. In the middle of the lastdecade, the discovery of shale gas changed the dynamics of the US petrochemicals industry byleading to the revival of the natural gas industry which improved the ethane supply and created highprofit margins at the end of 2011 and 2012. The shale plays are steadily taking center stage in thenatural gas industry and so the petrochemicals industry is also hoping for an abundant supply ofethane feedstock in the future. Continued…
Drillers in the US are currently focusing on liquid-rich shale plays such as Eagle Ford, Barnett, Bakkenand Marcellus, which, in addition to natural gas, provide valuable Natural Gas Liquids (NGL, a mixtureof hydrocarbon gases such as ethane, propane, butane and isobutene), 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 236MMbbl in 2005 to 338 MMbbl in 2011. It is expected to increase further as drilling in the liquid-richshale 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
• Read more http://www.salisonline.org/study/petrochemical-industry- in-the-us-abundant-feedstock-supply-from-the-shale- reserves-to-revive-the-us-petrochemical- industry.asp#discription-tab• Visit http://www.salisonline.org for more Research Reports
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