Philippines Petrochemicals Q2 2020

Philippines Petrochemicals Q2 2020

Key View:

The Philippines will see significant growth in petrochemicals demand the medium term with relatively robustmacroeconomic performance with the construction sector likely to be a major source of growth. Polymers output has beengrowing at a strong pace, but volumes have not been accompanied by price growth, particularly in the basic chemicals segment.Nevertheless, we expect improving margins going forward as feedstock costs stabilise and product prices trend upwards withannual average polymer consumption growth forecast for 2020-2024 at 6%, putting the petrochemicals market segment more inline with expected industrial growth rates.


Key View
SWOT
Petrochemicals SWOT
Industry Forecast
Macroeconomic Forecasts
Philippine Growth Set To Achieve Lower-End Of 6-7.0% Target Range
Macroeconomic Forecasts
Industry Risk/Reward Index
Asia Petrochemicals Risk/Reward Index
Philippines Petrochemicals Risk/Reward Index
Market Overview
Industry Trends And Developments
Company Profile
JG Summit Petrochemicals Corporation
Petron Corporation
Regional Overview
Asia Overview
Global Industry Overview
Philippines Demographic Outlook
Petrochemicals Glossary
Petrochemicals Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook