Global Petrochemicals Market to Expand at 6.8% Cagr Between 2014 and 2020, to Be Worth Us$885.07 Bn by 2020

Transparency Market

Research

Petrochemicals Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

Published Date

28-Nov-2014

112 Page Report

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Global Petrochemicals Market to Expand at 6.8% CAGR between

2014 and 2020, to be Worth US$885.07 bn by 2020 : TMR

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Global Petrochemicals Market

REPORT DESCRIPTION

Petrochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020

A recent market research report published by the market research company Transparency Market Research,

titled “Petrochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2014 - 2020”, comprises a professional analysis of the global petrochemicals market.The report states that the

market, which serves a wide range of applications in a horde of industries where petrochemicals are used as

raw materials for the production of many industrially important products, will expand at a healthy 6.8% CAGR

between 2014 and 2020 and rise to a valuation of US$885.07 bn by 2020.

Browse the full Petrochemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2014 - 2020 report at : http://www.transparencymarketresearch.com/petrochemicals.html

The dynamic growth of key end-use industries such as packaging, automobile, and construction is the chief

factor driving the overall petrochemicals market, states the report. The abundant availability of raw material in

the Middle East, one of the world’s largest producers and exporters of natural gas and crude oil, is also a

reason why the petrochemicals market is flourishing on a global level.The market is also driven by government

initiatives in China and India that are promoting the establishment of petrochemical complexes. However, an...