Identifying the development drivers of Iran's petrochemical industry and drawing future scenarios

Document Type : Research Paper

Authors

1 Technology Management, Management, Islamic Azad University Qom Branch, Qom, Iran

2 PhD Student in Technology Management, Islamic Azad University, Central Tehran Branch

Abstract

Objective: The current research was conducted with the aim of identifying the drivers affecting the development of the petrochemical industry in Iran. In terms of practical purpose, this research is a combined method that includes two main stages of library studies and validation by experts, at the exploratory level and based on the future research and scenario planning approach.
Method: In the present study, propellants were identified using library studies, and after identification, they were approved by experts. The target community of the research was academic researchers and experts and senior managers of the petrochemical industry who had scientific and practical experiences in the field of futurology. The snowball sampling method was also used for sampling. The critical drivers were identified with Mic Mac software based on the method of cross-effects analysis. Next, the future of the petrochemical industry in Iran was drawn in the form of 16 scenarios based on the Scenario Wizard software, based on the slope method.
Findings: The results of the research indicate that 40 drivers effective on the development of the petrochemical industry were identified. Finally, based on the key drivers, 16 plausible scenarios were investigated and their importance was determined.
Conclusion: The scenarios that have more weight are: sustainable development, adoption of new technologies, digital transformation, development of emerging markets and climate change and its effects. At the end, suggestions and solutions have been proposed to face the challenges and take advantage of the future opportunities of the petrochemical industry.

Keywords


Ahmed, A., Zhao, H., & Patel, M. (2023). Innovations in Renewable Feedstocks for Petrochemical Production. Chemical Engineering Journal, Vol. 450, Article 138702. https://www.elsevier.com/locate/cej.
Anderson, K. (2022). Nanotechnology Advances in Petrochemical Catalysts. Journal of Nano Engineering. https://www.jnanoengineering.org.
Bagheri, M. (2023). Title: Government Policies and the Impact of Sanctions on Iran’s Petrochemical Industry. Journal of Energy Policy, 60(4), 320-340. https://www.journalofenergypolicy.org.
British Petroleum. (2022). Statistical Review of World Energy 2022. BP. https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html.
Brown, R. (2023). Green Chemistry and Sustainable Production. Academic Press. https://www.academicpress.com.
Brown, T. (2022). Composite Materials in Petrochemical Products. Materials Science Journal. https://www.materialssciencejournal.com.
Brown, T. (2022). Organizational Changes. Management Journal. https://www.managementjournal.org.
Brown, T. (2022). Packaging Material Market. Packaging Journal. https://www.packagingjournal.org.
Brown, T. (2022). Renewable Energy Integration in Petrochemicals. Materials Science Journal. https://www.materialssciencejournal.com.
Clark, D. (2023). Bio-based Processes in Petrochemicals. Advanced Materials. https://www.advancedmaterials.com.
Clark, D. (2023). Consumer Habits Changes. Consumer Behavior Journal. https://www.consumerbehaviorjournal.com.
Clark, D. (2023). Cooling Technologies in Petrochemicals. Technology Journal. https://www.technologyjournal.org.
Clark, D. (2023). Demand for Sustainable Petrochemical Products. Advanced Materials. https://www.advancedmaterials.com.
Clark, D. (2023). Waste Management Technologies. Waste Management Journal. https://www.wastemanagementjournal.org.
Davis, E. (2021). Advancements in Separation Technologies. Journal of Digital Engineering, Vol. 12, Issue 3, 120-135. https://www.journalofdigitalengineering.com.
Davis, E. (2021). Computational Technologies in Petrochemicals. Technology Review. https://www.technologyreview.com.
Davis, E. (2021). Oil and Gas Price Fluctuations. Energy Economics Journal. https://www.energyeconomicsjournal.org.
Davis, L. (2024). Renewable Resources and Petrochemical Production. Elsevier. https://www.elsevier.com.
Environment and Sustainable Development Organization. (2022). Environmental Impact of Industries in Iran. Environment and Sustainable Development Organization.
Evans, N. (2022). Biotechnological Advances in Petrochemicals. Journal: Green Chemistry. https://www.greenchemistryjournal.org.
Evans, N. (2022). Emphasis on Sustainability. Sustainability Journal. https://www.sustainabilityjournal.org.
Evans, N. (2022). Investment in R&D. Green Chemistry. https://www.greenchemistryjournal.org.
Fars News Agency. (2023). Economic Impacts of Sanctions on Iran's Petrochemical Exports. Fars News Agency. https://www.farsnews.ir.
Garcia, M. (2023). Environmental Regulations in the Petrochemical Industry. Technology & Innovation Journal. https://www.techinnovationjournal.com.
Garcia, M. (2023). Global Competition in Petrochemicals. Global Industry Journal. https://www.globalindustryjournal.org.
Garcia, M. (2023). Trade Policy Changes. Journal of International Trade. https://www.journalofinternationaltrade.org.
Gonzalez, M., Ramirez, L., & Zhang, Y. (2023). Green Growth in the Petrochemical Industry: A Sustainable Future. Journal of Cleaner Production, Vol. 317, Article 128377. https://www.elsevier.com/locate/jclepro.
Gonzalez, R. (2023). Environmental Impact and Petrochemical Innovation. Cambridge University Press. https://www.cambridge.org.
Gordon, T. J., Hines, A., & Wright, H. (2021). The Future of the Petrochemical Industry: A Delphi Study. Foresight Journal. https://www.foresightjournal.org.
Hosseini, R., & Karimi, F. (2022). Economic Challenges and Sanctions in the Petrochemical Industry of Iran. Energy Policy, Vol. 156, Article 112355. https://www.journals.elsevier.com/energy-policy.
Huang, L., Lee, J., & Yao, Z. (2018). Advancements in Nanotechnology and Its Implications for Petrochemical Industry. Journal of Nanotechnology. https://www.journalofnanotechnology.com.
International Energy Agency. (2018). The Future of Petrochemicals: Towards More Sustainable Plastics and Fertilizers. OECD Publishing, Paris. https://www.iea.org/reports/the-future-of-petrochemicals.
International Energy Agency. (2022). Title: Global Energy Market Transformations and Their Impact on Petrochemical Development in Iran. IEA Energy Reports. https://www.iea.org.
International Energy Agency. (2022). World Energy Outlook 2022. OECD Publishing, Paris. DOI: 10.1787/20725302. https://www.iea.org/reports/world-energy-outlook-2022.
Iran Petrochemical Commercial Company. (2022). Annual Report on the Petrochemical Industry. Iran Petrochemical Commercial Company. https://www.ipcc.ir.
Jafari, M. (2024). Renewable Resources in Iran's Petrochemical Industry. Iranian Journal of Chemical Engineering. https://www.ijche.ir.
Johnson, M., & Lee, S. (2024). Advanced Catalysts in the Petrochemical Industry. Springer. https://www.springer.com.
Johnson, R. (2021).  Development of New Raw Materials. Industrial Journal of Petrochemicals. https://www.industrialjournalofpetrochemicals.com.
Johnson, R. (2021). Energy Efficiency in Petrochemicals. Energy Journal. https://www.energyjournal.org.
Johnson, R. (2021). High Value-added Products. Business Journal. https://www.businessjournal.com.
Johnson, R. (2021). Innovations in Educational Methods. Education Journal. https://www.educationjournal.com.
Karimi, A. (2024). Advanced Technologies and Innovations in Iranian Petrochemicals. Science and Technology Review. https://www.streview.ir.
Khalili, M. (2023). Impact of International Sanctions on the Iranian Petrochemical Industry. Iran University Press. https://www.iranuniversitypress.ir.
Khodadadi, M. (2023). Challenges in Iran’s Petrochemical Industry. Iranian Journal of Energy Policy. https://www.ijep.ir.
Lee, C. H. (2019). Economic and Environmental Drivers in the Petrochemical Sector. Energy Policy Review, 42(3), 215-230. https://www.energypolicyreview.com.
Lee, H. (2022). Advanced Sensors in Chemical Processes. Environmental Science & Technology, 56(8), 380-395. https://pubs.acs.org/journal/esthag.
Lee, H. (2022). Catalyst Innovations in Chemical Processes. Environmental Science & Technology, 56(10), 490-505. https://pubs.acs.org/journal/esthag.
Lee, H. (2022). Demand for Electronic Products. Electronics Market Journal, 33(2), 145-162. https://www.electronicsmarketjournal.com.
Lee, H. (2022). Innovations in Transportation Systems. Transport Journal, 28(4), 299-315. https://www.transportjournal.org
Martinez, L. (2021). International Collaborations. Global Partnerships Journal, 19(2), 110-128. https://www.globalpartnershipsjournal.com.
Martinez, L. (2021). Public Awareness and Environmental Impact. Green Energy Journal, 25(1), 75-92. Website: www.greenenergyjournal.org.
Martinez, L. (2021). Trends in Recycling and Reuse. Chemical Industry Review, 41(3), 210-225.  https://www.chemicalindustryreview.com.
McKinsey & Company. (2021). The Future of Petrochemicals: Analyzing Industry Trends. McKinsey Global Institute.https://www.mckinsey.com/industries/oil-and-gas/our-insights/the-future-of-petrochemicals.
Miller, J., & Adams, K. (2024). Advanced Technologies in Sustainable Petrochemicals. CRC Press. https://www.crcpress.com.
Mohammadi, R., & Faridi, M. (2024). Green Technologies and Sustainable Practices in Iranian Petrochemicals. Tehran Academic Press.
Moosavi, F., Karimi, S., & Rahimi, A. (2023). Title: Social and Cultural Drivers in the Development of Iran’s Petrochemical Industry. Iranian Journal of Sociology and Development, 19(1), 100-120. https://www.journalofsociologyanddevelopment.org.
OrigIran. (2023). Market Analysis of Iran's Petrochemical Industry. https://www.origiran.com.
Patel, S. (2022). Innovations in Monitoring Methods. Technology Journal, 32(4), 330-345. https://www.technologyjournal.org.
Patel, S. (2022). Pollution Control Technologies. Environmental Engineering, 45(2), 180-195. https://www.environmentalengineeringjournal.org.
Rostami, N. (2023). Environmental Policies and Their Effects on Iran’s Petrochemical Industry. Environmental Science and Policy, 59(3), 410-428. https://www.environmentalscienceandpolicyjournal.org.
Schmidt, C. W. (2017). Emerging Technologies in Petrochemical Production: A Review. Chemical Engineering Journal, 289, 150-165. https://www.chemicalengineeringjournal.org.
Schwartz, P. (2018). The Art of the Long View: Planning for the Future. Crown Business. ISBN: 9780385267329. https://www.crownbusiness.com.
Shahbazi, A., et al. (2021). The Impact of Globalization on Iran’s Petrochemical Development. Journal: Journal of Industrial Economics, 55(3), 215-230. https://www.journalofindustrialeconomics.org.
Smith, A. (2023). Environmental Regulations and the Future of Petrochemical. Routledge. ISBN: 9780367753327. https://www.routledge.com.
Smith, J. (2023). Artificial Intelligence in Petrochemical Processes. Journal of Chemical Engineering, 49(5), 500-518. https://www.journalofchemicalengineering.org.
Smith, J. (2023). Circular Economy in Petrochemicals. Journal of Environmental Economics, 35(3), 290-305. https://www.environmentaleconomicsjournal.org.
Smith, J. (2023). Cybersecurity in Petrochemicals. Journal of Cybersecurity, 18(2), 250-265. https://www.journalofcybersecurity.org.
Smith, J. (2023). Shale Gas Production. Energy Journal, 56(1), 100-120. https://www.energyjournal.org.
Smith, J., Johnson, R., & Lee, K. (2021). Digital Transformation in Petrochemicals: Opportunities and Challenges. International Journal of Industrial Management, 39(4), 445-462. https://www.internationaljournalofindustrialmanagement.org.
Taylor, J. (2024). Global Market Trends and Petrochemical Demand. Publisher: Wiley. ISBN: 9781119530347. https://www.wiley.com.
United Nations Environment Programme. (2019). Global Chemicals Outlook II: From Legacies to Innovative Solutions UNEP. https://www.unep.org/resources/report/global-chemicals-outlook-ii-legacies-innovative-solutions.
Wang, Y., & Zhang, J. (2020). Impact of Environmental Regulations on Petrochemical Industry. Environmental Science & Technology, 54(11), 850-865. https://pubs.acs.org/journal/esthag.
Williams, A. (2021). Emerging Markets in Petrochemicals. Petrochemical Review, 44(2), 120-140. https://www.petrochemicalreview.org.
Williams, T. (2023). Global Economic Trends and Petrochemical Industry Dynamics. Palgrave Macmillan    ISBN: 9783030698947. https://www.palgrave.com
Zandi, H., et al. (2022). Environmental Pressures and the Role of Green Technologies in Iran’s Petrochemical Industry. Journal of Sustainable Development, 49(2), 180-195. https://www.journalofsustainabledevelopment.org.
Zarei, H. (2023). Economic and Social Impacts of the Petrochemical Industry in Iran. Scientific Research Publishing, 18(1), 75-95. https://www.scirp.org.