The Qatari petrochemicals industry is set to continue its capacity surge, but high ethane prices and a lack of downstream diversification and added value could erode margins and upset its chances of competing in the global market in the long term. Of concern are the potential constraints on Qatar's ethane availability and the cost of supply. The Qatari authorities may decide to limit gas production to extend the lifespan of productive fields and could raise prices further.
Qatar will benefit from the sanctions against Iran, as Iran is its closest regional rival in terms of future petrochemicals capacity, after Saudi Arabia. However, competition will heighten if trade sanctions related to its nuclear program are relaxed and its petrochemicals investment program gets back on track, with the potential for Iran to account for 9% of future global ethylene capacity. Qatar will also have to compete with rapidly expanding Asian petrochemicals industries.9
Typically Qatar has planned crackers with ethylene capacity of around 1.5mn tpa, with completion within five years. Qatar Petroleum (QP) and Q-Chem are the top players in the industry.
In this industry scenario, Taiyou Research analyzes the Petrochemicals Industry in Qatar. The report covers the following:
An analysis of the global petrochemicals industry.
An analysis of the petrochemicals industry in the Middle East in order to establish the importance of the Israeli petrochemicals industry in the region.
An analysis of the petrochemical industry in Qatar including market profile, production statistics of petrochemicals, upstream activity, olefins sector and the fertilizers sector, along with the general developmental trends in the industry.
A SWOT analysis of the Qatari petrochemical industry is carried out.
Major industry players such as Qatar Petroleum and others are analyzed.
An industry outlook completes this in-depth analysis of Qatar’s petrochemical industry.
Taiyou Research’s report on the Petrochemicals Industry in Qatar is a complete profile of this growingly competitive industry in Qatar that is fast making its presence felt across the world.