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Refining Industry To 2017 - Asia-Pacific, Middle East And Africa To Emerge As Key Regions For Infrastructure Investments For Capacity Additions

4.1 Asia-Pacific Refining Industry, Market Overview 30

4.1.1 Growth of Refining Industry in Asia-Pacific, 2000–2017 31

4.1.2 Asia-Pacific Refinery Throughput and Utilization Rates, 2000–2010 33

4.1.3 Key Upcoming Refineries in Asia-Pacific, 2012–2017 35

4.1.4 Asia-Pacific Refining Industry – Competitive Overview 36

4.2 Asia-Pacific Refining Industry, Key Trends and Challenges 38

4.2.1 China and India will Drive the Growth of Refining Industry in Asia-Pacific during 2011-2017 38

4.2.2 Regulated Price Structure Affects the Profit Margin of Asia-Pacific Refiners 38

4.2.3 Tighter Product Specifications Force Refiners to Upgrade Refineries with Secondary Conversion Units 39

4.2.4 Demand for Cleaner Fuels Forcing Refiners to Make High Investments to Upgrade Refineries 39

4.2.5 Industry is Witnessing a Change in Product Consumption Pattern 39

4.3 Asia-Pacific Refining Industry, Geographic Analysis 40

4.3.1 China 41

4.3.2 Japan 47

4.3.3 India 50

5 Europe Refining Industry – Regional Market Scenario 55

5.1 Europe Refining Industry, Market Overview 55

5.1.1 Growth of Refining Industry in Europe, 2000–2017 55

5.1.2 Europe Refinery Throughput and Utilization Rates, 2000–2010 58

5.1.3 Key Upcoming Refineries in Europe, 2012–2017 59

5.1.4 Europe Refining Industry – Competitive Overview 59

5.2 Europe Refining Industry, Key Trends and Challenges 60

5.2.1 Europe will Witness Modest Growth Rate Until 2017 60

5.2.2 Changing Product Consumption Pattern Forcing Refiners to Change Refinery Configurations 60

5.2.3 Stringent Environmental Regulations and Shift towards Cleaner, Efficient Fuels Actuating Investments in Refinery Upgrades 61

5.3 Europe Refining Industry, Geographic Analysis 61

5.3.1 Russia 62

5.3.2 Germany 65

5.3.3 Italy 68

6 North America Refining Industry – Regional Market Scenario 71

6.1 North America Refining Industry, Market Overview 71

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