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Analysis needs market study - Petrochemical products substitutes - New fuels and new processes

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Resumo:The petrochemical industry is being subject to some gradual shifts that are altering its course. From new laws and policies applied to meet the current environment standards, to a need for more efficient technologies that aim to change a stagnating market, the changes are becoming more noticeable. These changes promote new and more advanced processes that might affect the whole the gas industry. As a key player in the industrial gas market, Air Liquide needs to stay ahead of the competition by performing market studies that offer insights to possible market fluctuations and give proper direction on how to tackle future developments in the industry. Through the examination of the future number of plants in each of the key markets, it was possible to predict the future gas market revenue and evaluate how the company should move forward. With the aid of scenarios, it was possible to predict that the future gas market industry would grow from 2021 until 2030 in the best-case scenario by 2.5 million euros or in the worst-case scenario by 53 thousand euros, with a compound annual growth rate of 2.39% and 0.06%, respectively. This means that in the space of 9 years the whole market will have small growth opportunities. Air Liquide’s position in the oil & gas industry is stable, having a considerable market share and penetration rate. These factors seem to be higher in both Portugal and France, where the company has an advantage, with the first having a market share of 57.4% and the latter 68.4%. Italy and Spain have a more competitive market, namely the first, where the analysis of the competition also revealed that the company lacks in the production of accredited mixtures when compared to the competitors. These were calculated to have a market share of 22.8% and 35.9%, respectively.
Autores principais:Farinha, Paulo Rodrigues Pescada Mendes
Assunto:Air Liquide Petrochemistry Analysis Gas Chromatography Market study
Ano:2022
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL

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