Methyl Tertiary Butyl Ether (MTBE) Industry Outlook in India to 2016 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants Reference Code: GDCH1741IDB Publication Date: December 2012 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 1
Table of Contents 1 Table of Contents 1 Table of Contents 2 1.1 List of Tables 4 1.2 List of Figures 5 2 India Methyl Tertiary Butyl Ether (MTBE) Industry, Supply Scenario, 2000-2016 6 2.1 India Methyl Tertiary Butyl Ether (MTBE) Industry, Total Plant Capacity, 2000-2016 6 2.2 India MTBE Industry, Company Share, 2011 10 3 India MTBE Industry, Market Dynamics, 2000-2016 11 3.1 India MTBE Industry, Market Size, 2000-2016 11 3.2 India MTBE Industry, Demand and Production Outlook, 2000-2016 13 3.3 India MTBE Industry, Demand by End Use Sector, 2011 15 3.4 India MTBE Industry, Price Forecasts, 2000-2016 16 4 India MTBE Industry, Trade Balance, 2000-2016 18 4.1 India MTBE Industry, Imports and Exports, 2000-2016 18 4.2 India MTBE Industry, Net Exports, 2000-2016 20 4.3 India MTBE Industry, Imports as Percentage of Demand, 2000-2016 22 5 Reliance Industries Limited, Company Snapshot 24 5.1 Reliance Industries Limited, Company Overview 24 5.2 Reliance Industries Limited, Key Information 24 5.3 Reliance Industries Limited, Business Description 24 5.3.1 Business Overview 24 5.3.2 Oil and Gas 25 5.3.3 Others 26 5.3.4 Petrochemicals 27 5.3.5 Refining and Marketing 28 5.4 Reliance Industries Limited, MTBE Market, 2011 30 5.4.1 Reliance Industries Limited, MTBE Capacity Split, India and Rest of the World, 2011 30 5.4.2 Reliance Industries Limited, MTBE Plant Capacity Share in India, 2011 30 5.4.3 Reliance Industries Limited, MTBE Capacity in India, 2000-2016 31 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 2
Table of Contents 5.4.4 Reliance Industries Limited, MTBE Plant Details in India, 2011 31 5.5 SWOT Analysis 32 5.5.1 Overview 32 5.5.2 Reliance Industries Limited Strengths 32 5.5.3 Reliance Industries Limited Weaknesses 33 5.5.4 Reliance Industries Limited Opportunities 34 5.5.5 Reliance Industries Limited Threats 36 6 Indian Oil Corporation Limited, Company Snapshot 37 6.1 Indian Oil Corporation Limited, Company Overview 37 6.2 Indian Oil Corporation Limited, Key Information 37 6.3 Indian Oil Corporation Limited, Business Description 37 6.3.1 Business Overview 37 6.3.2 Other Businesses 38 6.3.3 Petrochemicals 39 6.3.4 Petroleum Products 40 6.4 Indian Oil Corporation Limited, MTBE Market, 2011 41 6.4.1 Indian Oil Corporation Limited, MTBE Capacity Split, India and Rest of the World, 2011 41 6.4.2 Indian Oil Corporation Limited, MTBE Plant Capacity Share in India, 2011 41 6.4.3 Indian Oil Corporation Limited, MTBE Capacity in India, 2000-2016 42 6.4.4 Indian Oil Corporation Limited, MTBE Plant Details in India, 2011 42 6.5 SWOT Analysis 43 6.5.1 Overview 43 6.5.2 Indian Oil Corporation Limited Strengths 43 6.5.3 Indian Oil Corporation Limited Weaknesses 45 6.5.4 Indian Oil Corporation Limited Opportunities 46 6.5.5 Indian Oil Corporation Limited Threats 47 7 Bharat Petroleum Corporation Limited, Company Snapshot 49 7.1 Bharat Petroleum Corporation Limited, Company Overview 49 7.2 Bharat Petroleum Corporation Limited, Key Information 49 7.3 Bharat Petroleum Corporation Limited, Business Description 49 7.3.1 Business Overview 49 7.3.2 Exploration and Production 52 7.4 Bharat Petroleum Corporation Limited, MTBE Market, 2011 53 7.4.1 Bharat Petroleum Corporation Limited, MTBE Capacity Split, India and Rest of the World, 2011 53 7.4.2 Bharat Petroleum Corporation Limited, MTBE Plant Capacity Share in India, 2011 53 7.4.3 Bharat Petroleum Corporation Limited, MTBE Capacity in India, 2000-2016 54 7.4.4 Bharat Petroleum Corporation Limited, MTBE Plant Details in India, 2011 54 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 3
Table of Contents 8 Appendix 55 8.1 Definitions 55 8.1.1 Installed Plant Capacity 55 8.2 Abbreviations 55 8.3 GlobalData s Methodology 55 8.3.1 Coverage 55 8.3.2 Secondary Research 56 8.3.3 Primary Research 56 8.3.4 Expert Panel Validation 56 8.4 Disclaimer 56 1.1 List of Tables Table 1: India, Total MTBE Plant Capacity, MMTPA, 2000-2016 7 Table 2: India, MTBE Plants Capacity, MMTPA, 2000-2016 7 Table 3: India, Active MTBE Plants by State, %, 2011 8 Table 4: India, Active MTBE Plants Details, MMTPA, 2011 8 Table 5: India, Top MTBE Plants Capacity, %, 2011 9 Table 6: India, Top MTBE Plants Details, 2011 9 Table 7: India, MTBE Industry, Installed Plant Capacity by Company, %, 2011 10 Table 8: India, MTBE Industry, Demand Value, $m, 2000-2016 12 Table 9: India, MTBE Industry, Demand and Production, MMTPA, 2000-2016 14 Table 10: India, MTBE Industry, Demand by End Use Sector, %, 2011 15 Table 11: India, MTBE Industry, Price Forecasts, $/Tonne, 2000-2016 17 Table 12: India, MTBE Industry, Imports and Exports, MMTPA, 2000-2016 19 Table 13: India, MTBE Industry, Net Exports, MMTPA, 2000-2016 21 Table 14: India, MTBE Industry, Imports as Percentage of Demand, %, 2000-2016 23 Table 15: Reliance Industries Limited, Key Facts 24 Table 16: India, Reliance Industries Limited, MTBE Capacity Share, %, 2011 30 Table 17: India, Reliance Industries Limited, MTBE Plant Capacity, MMTPA, 2000-2016 31 Table 18: India, Reliance Industries Limited MTBE Plant Details, 2011 31 Table 19: Reliance Industries Limited, SWOT Analysis 32 Table 20: Indian Oil Corporation Limited, Key Facts 37 Table 21: India, Indian Oil Corporation Limited, MTBE Capacity Share, %, 2011 41 Table 22: India, Indian Oil Corporation Limited, MTBE Plant Capacity, MMTPA, 2000-2016 42 Table 23: India, Indian Oil Corporation Limited, MTBE Plants Details, 2011 42 Table 24: Indian Oil Corporation Limited, SWOT Analysis 43 Table 25: Bharat Petroleum Corporation Limited, Key Facts 49 Table 26: India, Bharat Petroleum Corporation Limited, MTBE Capacity Share, %, 2011 53 Table 27: India, Bharat Petroleum Corporation Limited, MTBE Plant Capacity, MMTPA, 2000-2016 54 Table 28: India, Bharat Petroleum Corporation Limited MTBE Plant Details, 2011 54 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 4
Table of Contents 1.2 List of Figures Figure 1: India, Total MTBE Plant Capacity, MMTPA, 2000-2016 6 Figure 2: India, Active MTBE Plants by State, %, 2011 8 Figure 3: India, Top MTBE Plants Capacity, %, 2011 9 Figure 4: India, MTBE Industry, Installed Plant Capacity by Company, %, 2011 10 Figure 5: India, MTBE Industry, Demand Value, $m, 2000-2016 11 Figure 6: India, MTBE Industry, Demand and Production, MMTPA, 2000-2016 13 Figure 7: India, MTBE Industry, Demand by End Use Sector, %, 2011 15 Figure 8: India, MTBE Industry, Price Forecasts, $/Tonne, 2000-2016 16 Figure 9: India, MTBE Industry, Imports and Exports, MMTPA, 2000-2016 18 Figure 10: India, MTBE Industry, Net Exports, MMTPA, 2000-2016 20 Figure 11: India, MTBE Industry, Imports as Percentage of Demand, %, 2000-2016 22 Figure 12: India, Reliance Industries Limited, MTBE Capacity Share, %, 2011 30 Figure 13: India, Indian Oil Corporation Limited, MTBE Capacity Share, %, 2011 41 Figure 14: India, Bharat Petroleum Corporation Limited, MTBE Capacity Share, %, 2011 53 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 5
MTBE Industry Outlook in India to 2016 2 India Methyl Tertiary Butyl Ether (MTBE) Industry, Supply Scenario, 2000-2016 2.1 India Methyl Tertiary Butyl Ether (MTBE) Industry, Total Plant Capacity, 2000-2016 Figure 1: India, Total MTBE Plant Capacity, MMTPA, 2000-2016 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 6
MTBE Industry Outlook in India to 2016 Table 1: India, Total MTBE Plant Capacity, MMTPA, 2000-2016 Year Capacity 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 CAGR(2000-2011) CAGR(2011-2016) Table 2: India, MTBE Plants Capacity, MMTPA, 2000-2016 Plant Name 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 7
MTBE Industry Outlook in India to 2016 Figure 2: India, Active MTBE Plants by State, %, 2011 Table 3: India, Active MTBE Plants by State, %, 2011 State Gujarat Maharashtra Table 4: India, Active MTBE Plants Details, MMTPA, 2011 Plant Name Plant Equity Partners Plant Operator Percentage Annual Capacity, MMTPA GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 8
MTBE Industry Outlook in India to 2016 Figure 3: India, Top MTBE Plants Capacity, %, 2011 Table 5: India, Top MTBE Plants Capacity, %, 2011 Plant Name Bharat Petroleum Corporation Limited Mumbai MTBE Plant Indian Oil Corporation Limited Vadodara MTBE Plant Reliance Industries Limited Hazira MTBE Plant Table 6: India, Top MTBE Plants Details, 2011 Plant Name State/Province Plant Start Year Operator Percentage Annual Capacity, MMTPA GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 9
MTBE Industry Outlook in India to 2016 2.2 India MTBE Industry, Company Share, 2011 Figure 4: India, MTBE Industry, Installed Plant Capacity by Company, %, 2011 Table 7: India, MTBE Industry, Installed Plant Capacity by Company, %, 2011 Company Name Reliance Industries Limited Indian Oil Corporation Limited Bharat Petroleum Corporation Limited Percentage GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 10
Appendix 8 Appendix 8.1 Definitions 8.1.1 Installed Plant Capacity The maximum rated output of a plant under specific conditions designated by the manufacturer. The installed capacity is usually indicated in units of tonnes on a nameplate physically attached to the plant. 8.2 Abbreviations MMTPA Million Metric Tonnes per Annum CAGR - Compounded Annual Growth Rate 8.3 GlobalData s Methodology GlobalData s dedicated research and analysis teams consists of experienced professionals with marketing, market research and consulting backgrounds in the petrochemical industry and advanced statistical expertise. GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and the Strategic and Competitive Intelligence Professionals (www.scip.org). All GlobalData databases are continuously updated and revised. 8.3.1 Coverage The objective of updating GlobalData s coverage is to ensure that it represents the most up to date vision of the industry possible. Changes to the industry taxonomy are built on the basis of extensive research of company, association and competitor sources. Company coverage is based on three key factors: market capitalization, revenues and media attention/innovation/market potential. An exhaustive search of 56 member exchanges is conducted and companies are prioritized on the basis of their market capitalization. The estimated revenues of all major companies, including private and governmental, are gathered and used to prioritize coverage. Companies which are making the news, or which are of particular interest due to their innovative approach, are prioritized. GlobalData aims to cover all major news events and deals in the petrochemical industry, updated on a daily basis. The coverage is further streamlined and strengthened with additional inputs from GlobalData s expert panel (see below). GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 55
Appendix 8.3.2 Secondary Research The research process begins with exhaustive secondary research on internal and external sources being carried out to source qualitative and quantitative information relating to each market. The secondary research sources that are typically referred to include, but are not limited to: Company websites, annual reports, financial reports, broker reports, investor presentations and US Securities and Exchanges Commission (SEC) filings. Industry trade journals and other literature. Internal and external proprietary databases. National government documents, statistical databases and market reports. News articles, press releases and web-casts specific to the companies operating in the market. 8.3.3 Primary Research GlobalData conducts hundreds of primary interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfills the following functions: It provides first-hand information on market size, market trends, growth trends, competitive landscape, and future outlooks for markets and sectors. It helps in validating and strengthening secondary research findings. It further develops the analysis team s expertise and market understanding. Primary research involves email interactions, telephone interviews and face-to-face interviews for each market, category, segment and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to: Industry participants: CEOs, VPs, business development managers, market intelligence managers and national sales managers, Outside experts: investment bankers, valuation experts, research analysts and key opinion leaders specializing in petrochemicals markets. 8.3.4 Expert Panel Validation GlobalData uses a panel of experts to cross-verify research and forecast methodologies and drive its analytical content. The GlobalData expert panel comprises marketing managers, product specialists, international sales managers from petrochemical companies; academics and geologists from research universities, consultants from venture capital funds and distributors/suppliers of petrochemicals goods and services. 8.4 Disclaimer All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, GlobalData. GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 56