"Iran Petrochemicals Report Q1 2016" now available at Fast Market Research

Iran is the focus of intensive interest from investors in the petrochemicals industry, particularly European majors, but there is still an element of risk-aversion in spite of the hype. Although the sanctions are due to be withdrawn, there is lingering uncertainty. Additionally, economic structural problems, a slowdown in key export markets and the falling price of naphtha feedstock are deterrents for involvement in the ethane-fed Iranian petrochemicals sector. However, potential rewards are high with considerable Iranian upstream resources and a large domestic market that investors cannot afford to ignore.

Planned projects would raise Iran's petrochemicals capacity three-fold to 180mn tonnes per annum (tpa) by 2022, although it is uncertain whether this target will be reached. BMI expects the next five years to see the completion of the Olefins 11 and 12 project, which will have capacities of 2.0mn tpa and 1.2mn tpa respectively. Meanwhile, the USD12bn petrochemical hub at Chabahar - the Makran Petrochemical Plan - will add 1.2mn tpa of ethylene and 900,000tpa of polyethylene (PE).

Full Report Details at
- http://www.fastmr.com/prod/1063187_iran_petrochemicals_report_q1.aspx?afid=301

The industry will become rapidly more export-oriented as trade restrictions are lifted with the government expecting exports in 2016 to return to pre-sanctions levels, although it is doubtful that the country's share of the Middle East petrochemicals market will rise from 25% to 41% by 2020. This should help raise petrochemicals capacity utilisation from 68% in 2014.

Iran is set to see strong growth in petrochemical consuming sectors with the automotive industry returning to near its pre-sanctions peak in 2015 and set to grow by two-thirds by 2020, while the construction sector is expected to see five year average growth rise from 3.1% per annum to 4.3% as a result of the lifting of international sanctions.

The Iran Petrochemicals Report has been researched at source, and features BMI Research'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 Iran Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Iranian 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 Iranian petrochemicals market.
* Target business opportunities and risks in the Iranian petrochemicals sector

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