"Kuwait Petrochemicals Report Q1 2015" Published

From: Fast Market Research, Inc.
Published: Sun Dec 14 2014


We believe the Kuwait petrochemicals industry's drive towards diversification and adding value to output should help it secure export markets at a time of heightened global competition and tougher demand conditions.

The Kuwaiti petrochemicals industry's main Asian export markets - India and China - are likely to diverge in performance in 2015. While India strengthens with a stimulus to consumption and increasing business confidence, China is facing a downturn in growth, although government intervention should prevent any recessionary problems. In the medium term, both countries will witness increased market self-sufficiency. At the same time the Asian market will be increasingly flooded with cheap shale-based petrochemicals output from the US. However, BMI believes the industry's drive towards diversification and adding value to output should help it secure export markets.

Full Report Details at
- http://www.fastmr.com/prod/912344_kuwait_petrochemicals_report_q1_2015.aspx?afid=302

* A poor investment climate will mitigate the impact of development of downstream conversion industries, with a meagre amount of local petrochemicals production absorbed by the Kuwaiti market. However, although Kuwait is dependent on costlier naphtha feedstock, cracking heavier hydrocarbons will provide opportunities for a more diverse product range through co-products that it has, as yet, failed to fully exploit in downstream processing.
* China and India will remain key markets for Kuwaiti petrochemicals, with their manufacturing industries playing a major role in exports and with the automotive industry likely to be a key player in absorbing Kuwait's product slate. While China is set for moderation in 2015, India is likely to surge ahead on the back of improved investor sentiment.
* Kuwait's petrochemicals Risk/Reward Index score is 61.1 points this quarter, unchanged since the previous quarter. It remains in third place in our regional Risk/Reward Index ranking for the Middle East and Africa, 0.7 points ahead of Qatar and 5.6 points behind the UAE.

The Kuwait Petrochemicals Report has been researched at source, and features Business Monitor International (BMI)'s market assessment and independent forecasts for key petrochemicals sub-sectors. The report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing companies by products and services, sales, market share, investments, projects, partners and expansion strategies.

BMI's Kuwait Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Kuwaiti petrochemicals industry.

Key Benefits

* Benchmark BMI's independent petrochemicals industry forecasts to test other views - a key input for successful budgetary and planning in the Kuwaiti petrochemicals market.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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