JV Trends in the Petrochemical Industry Examined in New In-demand Report Now Available at MarketPublishers.com
12 Dec 2011 • by Natalie Aster
LONDON – To gain a competitive edge, major petrochemical manufacturers are currently busy with attaining both economies of scale and geographic expansion. Producers’ desire to create a presence in demand-rich geographies and achieve higher growth rates has led to the increased number of partnership between companies of different regions. As European and North American producers are combating falling demand, they are establishing joint ventures with Asian or Middle Eastern companies to sustain their marginal income.
China is the largest petrochemicals market. The demand for basic petrochemicals and major plastics in the country is expected to reach 215.033 MMtpa in 2015, growing at a CAGR of 11.5%. The Middle East has also become an important destination for petrochemicals production. The governments’ subsidies on the petrochemical feedstocks have made it difficult for producers in other regions to compete.
New research report “Joint Ventures in the Petrochemical Industry - Key Strategy to Manage Globalization” elaborated by GlobalData features all-encompassing analysis of key market opportunities and challenges for petrochemical manufacturers globally.
- effect of economic slowdown on the global petrochemical industry;
- production of basic petrochemicals and major plastics in key regions such as China and the Middle East;
- demand for basic petrochemicals and major plastics in China;
- demand and production split by regions;
- planned capacity addition under joint ventures in Asia Pacific and the Middle East;
- major joint venture deals in the global petrochemicals industry in the year 2010;
- major companies active in the joint venture deals.
Title: Joint Ventures in the Petrochemical Industry - Key Strategy to Manage Globalization
Published: December, 2011
Price: US$ 3,500
1 TABLE OF CONTENTS
1.1 List of Tables
1.2 List of Figures
2.2 GlobalData Report Guidance
3 GLOBALISATION HAS BROUGHT STRUCTURAL CHANGES IN THE GLOBAL PETROCHEMICALS INDUSTRY
3.1 China has Become the Largest Contributor to the Growth of Global Petrochemical Industry
3.1.1 Fast Growing Chinese Economy is Stimulating the Domestic Petrochemicals Industry
More new research reports by GlobalData can be found at https://marketpublishers.com/members/global_data/info.html
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