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Viewing report
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European Petrochemical Industry - Can it Remain Competitive in Changing Times?
GlobalData, April 2011, Pages: 5
European Petrochemical Industry - Can it Remain Competitive in Changing Times?
Summary
The competitiveness of the European petrochemical industry has seen a huge decline in the last decade. It has been outpaced, both in terms of demand and supply, by the rapidly expanding Asia-Pacific and Middle East region. The recession also had a huge impact on the European economy, and it is still struggling to recover from its effects. This has further slowed down the region’s petrochemical industry. In the future, the industry needs to undergo massive restructuring to make it competitive and help it regain its past position.
Scope
- Analyses the factors affecting the growth of petrochemicals industry in Europe
- Details all inactive plants in Europe for 2000-2009
Reasons to buy
- Understand the restraints for petrochemical industry in Europe
- Formulate strategies based on the current trends in the industry
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