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India Petrochemicals Report Q2 2018

India Petrochemicals Report Q2 2018

BMI View:

The downturn in Indian petrochemicals output seen in 2017, caused primarily by the impact of demonetisation and theintroduction of the general sales tax, is over and BMI expects 2018 to show more robust growth. Base effects, stronger industrialgrowth - particularly in end markets - and the expansion of petrochemicals capacities should combine to put the sector on astronger growth footing. In the long-run, the market will be fuelled by increasing per capita consumption of plastic in a country witha rapidly rising population and a growing middle-class. The main gap to bridge is in the transition from basic to high value andadvanced petrochemical products, which should come with increased foreign investment.

BMI Industry View
Industry Forecast
Macroeconomic Forecasts
Economic Analysis
Industry Risk/Reward Index
Asia Petrochemicals Risk/Reward Index
India Petrochemicals Risk/Reward Index
Market Overview
Industry Trends And Developments
Economic Analysis
Company Profile
Indian Oil Corporation
Reliance Industries
Gas Authority Of India
Regional Overview
Global Industry Overview
Demographic Forecast
Demographic Outlook
Petrochemicals Glossary

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