The Petrochemical Manufacturing industry faced significant volatility over the past five years, but the improving economy will pave the way for growth as downstream demand improves. Domestic operators will continue to face obstacles, as increased input costs affect prices and performance. However, heightened demand and continuing dependence on petrochemicals will benefit industry operators.
This industry manufactures petrochemicals, which are chemicals derived from refined petroleum or liquid hydrocarbons. Key products include ethylene, propylene, butylene, benzene, toluene, styrene, xylene, ethyl benzene and cumene. These products are used in the production of consumer products, automotive components and various durable and non-durable goods. Organic compounds like ethyl alcohol and inorganic chemicals like carbon black are excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.