Product Code: ETC037402 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The petroleum refining products market in the United Arab Emirates (UAE) is a crucial aspect of the country`s economy, given its significant role as a major oil-producing and exporting nation. The UAE petroleum refining industry plays a vital role in converting crude oil into various refined products, such as gasoline, diesel, jet fuel, and other petrochemicals. These refined products cater to the domestic energy needs, as well as serve as important exports to global markets. The UAE strategic location, vast oil reserves, and modern refining infrastructure have positioned it as a key player in the global petroleum refining landscape.
Several factors drive the demand and growth of petroleum refining products in the UAE. Firstly, the country`s substantial crude oil production and reserves provide a steady supply of feedstock for its refineries. Secondly, the UAE strategic geographic location and access to major shipping routes enable it to export refined products to various international markets, contributing to the overall revenue generation for the country.
Despite the advantages, the UAE petroleum refining products market faces certain challenges. One significant challenge is the fluctuating global oil prices, which can impact the profitability of refineries. Additionally, the evolving energy transition towards renewable sources and increasing environmental concerns pose challenges to the long-term sustainability of the petroleum refining industry.
The Covid-19 pandemic had a significant impact on the global oil and gas industry, including the UAE petroleum refining products market. The sharp decline in global oil demand during the pandemic, coupled with the Saudi-Russia oil price war, resulted in lower oil prices and reduced refining margins. This led to production cuts and operational challenges for refineries in the UAE and worldwide.
The UAE petroleum refining industry is dominated by state-owned companies, such as Abu Dhabi National Oil Company (ADNOC) and Emirates National Oil Company (ENOC). ADNOC operates major refineries in Ruwais, while ENOC manages refining facilities in Jebel Ali. These companies play a crucial role in meeting the domestic energy needs and exporting refined products to international markets. Additionally, several international oil and gas companies have partnerships and joint ventures with the UAE national oil companies, contributing to the country`s refining capacity and exports.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Petroleum Refining Products Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Petroleum Refining Products Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Petroleum Refining Products Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 United Arab Emirates (UAE) Petroleum Refining Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Petroleum Refining Products Market Trends |
6 United Arab Emirates (UAE) Petroleum Refining Products Market, By Types |
6.1 United Arab Emirates (UAE) Petroleum Refining Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Ethane & LPG, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Diesel/Gasoil, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Jet/Kerosene, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Naphtha, 2021-2031F |
6.1.8 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Fuel Oil, 2021-2031F |
6.2 United Arab Emirates (UAE) Petroleum Refining Products Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Petroleum Refining Products Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Petroleum Refining Products Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Petroleum Refining Products Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Petroleum Refining Products Market Imports from Major Countries |
8 United Arab Emirates (UAE) Petroleum Refining Products Market Key Performance Indicators |
9 United Arab Emirates (UAE) Petroleum Refining Products Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Petroleum Refining Products Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Petroleum Refining Products Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 United Arab Emirates (UAE) Petroleum Refining Products Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Petroleum Refining Products Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Petroleum Refining Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |