Egypt Petrochemicals Q4 2018
The Egyptian polymers market will be led by growth in manufacturing, particularly in consumer products, packaging andconstruction. In terms of end markets for petrochemicals, Egypt's construction industry will be one of the best performing marketsover the next five years, both on a global and a regional basis. Our forecast projects growth of 7.5% in 2018, before accelerating toaverage 9.8% over the next five years. This will boost demand for polymer construction materials and coatings. Despite forecastgrowth in 2018 and beyond, the automotive industry is unlikely to return to past output levels following years of slump. The weakEgyptian pound and high levels of inflation will drive up the cost on vehicle ownership and significantly reduce the portion of thepopulation that will be able and willing to purchase a new vehicle in 2018.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook