Petrochemicals Market Anticipated to Grow at a CAGR 66% by 2020


    Global Petrochemicals Market: Size, Trends & Forecasts (2017-2021) provides an in-depth analysis of the US appraisal market by value, by volume, by segments, by number of AMCs, appraiser’s tenure, etc. The report also gives an insight of the Canada addressable appraisal market opportunity.

    On the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

    This report provides a detailed analysis of the Petrochemicals market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

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    Essential points covered in Global Petrochemicals Market 2017 Research are:-

    • What will the market size and the growth rate be in 2021?
    • What are the key factors driving the global Petrochemicals market?
    • What are the key market trends impacting the growth of the global Petrochemicals market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Petrochemicals market?
    • What are the market opportunities and threats faced by the vendors in the global Petrochemicals market?
    • What are the key outcomes of the five forces analysis of the global Petrochemicals market?

    This independent 250 pages report guarantees you will remain better informed than your competition. With over 175 tables and figures examining the Petrochemicals market, the report gives you a visual, one-stop breakdown of the leading products, sub market and market leader’s market revenue forecasts as well as analysis to 2021.

    Furthermore, the report provides a detailed analysis of the global Petrochemicals market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.The report also includes a detailed analysis of the global Petrochemicals market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

    Petrochemicals are chemicals products derived from petroleum. They are also called petroleum distillates. Some of the same chemicals compounds as petrochemicals are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn or sugar cane but, but these are not included in the petrochemicals industry.

    Asia was the largest region in the petrochemicals market in 2016, accounting for around 66% market share. Asia is the largest market because of its robust manufacturing industry, a major user of petrochemicals, in China and South East Asia. Europe was the second largest region accounting for around 18% market share. The Americas was the third largest region accounting for around 13% market share.

    Increase in Demand from the Packaging Industry was considered to be the key drivers of the petrochemicals industry during the period 2016-2020. Global demand for plastics packaging is large and growing strongly. The major force is the growth in industries which consume plastic packaging products. Many producers across different industries are keen to enhance packaging of their products. The packaging industry is scaling new heights, not only in terms of revenue growth, but also in devising new technologies, designs and aesthetically enhanced packaging solutions. It is the leading end-user market for many petrochemicals globally. Products Mentioned in the report (If applicable) –
    Ethylene, Propylene, Benzene, Xylene, Styrene, Toluene, and Cumene. Companies Mentioned in the report (If applicable)
    Sinopec, Chevron Phillips Chemical Company LLC, Saudi Basic Industries Corporation (SABIC), Dow Chemical Company and BASF SE

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    The Petrochemicals market is expected to increase due to growth in GDP per-capita, international tourism, etc. Yet, the market faces some challenges such as, global economic downturn, high probability of terror attack, etc. The global Petrochemicals market is expected to grow at a healthy rate during the forecast period (2017-2021). The growth is expected on account of many factors, such as an increase in disposable income, increasing international inbound and outbound tourism and aging demography.

    However, the market also faces some challenges, which includes increase in the number of terror attacks, heavy taxes imposed on the tour operators and seasonality dependence. Digital travel, evolution of eco-tourism and rise of adventure tourism are some of the latest trends in the global Petrochemicals market.

    The report provides a basic overview of the Petrochemicals industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

    Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Petrochemicals industry development trends and marketing channels are analyzed.

    The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Petrochemicals on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Petrochemicals Market and assist manufacturers and investment organization to better grasp the development course of Petrochemicals Market.

    The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.


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