Iran Oil Refinery Chemicals Market to Cross $480 Million by 2021
Abundant
crude oil reserves coupled with announcement of Euro-4 and Euro-5 standards to
steer Iran oil refinery chemicals market by 2021
According to recently
published TechSci Research report “Iran Oil Refinery Chemicals Market By Type, By Application,
Competition Forecast and Opportunities, 2011 – 2021”, the oil refinery chemicals market in Iran is projected
to grow at a CAGR of 5% during the next five years. Growth in the market
is anticipated on account of increasing oil and gas refining capacity in the
country. Additionally,
stringent government regulations for lowering the sulphur content of
transportation fuels coupled with implementation of Euro-4 and Euro-5 standards
in Iran is anticipated to
positively influence the oil refinery chemicals market during 2016-2021.
Browse 18 market
data Tables and 29 Figures spread through 107 Pages and an
in-depth TOC on "Iran Oil Refinery Chemicals Market"
http://www.techsciresearch.com/report/iran-oil-refinery-chemicals-market-by-type-merchant-hydrogen-refining-catalysts-etc-by-application-petroleum-conversion-petroleum-treatment-water-and-wastewater-treatment-and-others-competition-forecast-and-opportunities-2011-2021/670.html
Merchant hydrogen
accounted for the largest share in Iran oil refinery chemicals market in 2015. The segment is anticipated to
maintain its dominance over the next five years as well. However, growth in
demand for refining catalysts is expected to outpace merchant hydrogen owing
to its high efficiency in accelerating the yield of gasoline. Refining catalysts, pH
adjusters and corrosion inhibitors are the other major oil refinery chemicals
consumed in Iran. During 2016-2021, Esfahan region is
expected to dominate Iran oil
refinery chemicals market due to the presence
of multiple refineries in the region. In addition to domestic players, several global
players such as Air Liquide, Air Products and Chemicals Inc., and Sud Chemie
are also operating in Iran oil refinery chemicals market.
Download Sample Report @ http://www.techsciresearch.com/sample-report.aspx?cid=670
Customers can also request for 10% free
customization on this report.
“With about 10% of global oil reserves and 13% of
Organization of the Petroleum Exporting Countries (OPEC) oil reserves, Iran accounts
for the world's fourth-largest crude oil reserves, globally. In Iran, around 1,985
thousand barrels of refined petroleum products were produced per day in 2014.
Moreover, export
of petroleum products from Iran has increased from 441 thousand barrels per day in 2011 to 470 thousand barrels per day
in 2014, and this trend is expected to continue, especially with the US and
other major developed economies having lifted sanctions on Iran. Hence, oil refinery chemicals market in Iran is
anticipated to register healthy growth over the next five years.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Iran Oil Refinery Chemicals Market By Type, By Application, Competition Forecast and Opportunities, 2011 –
2021” has analyzed the
potential of oil refinery chemicals market in Iran provides statistics and
information on market sizes, shares and trends. The report will suffice in
providing the intending clients with cutting-edge market intelligence and help
them in taking sound investment decisions. Besides, the report also identifies
and analyzes the emerging trends along with essential drivers and key challenges
faced by oil refinery chemicals market in Iran.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies,
TechSci Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of
more than 100 fulltime Analysts and Consultants employing innovative research
solutions and tracking global and country specific high growth markets helps
TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]