United Kingdom Petrochemicals Market Q4 2015 Research Report
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Although the UK is witnessing a solid economic recovery, the country's plastic and rubber production stagnated in H115 even as overall chemicals production rose 5%. The British chemicals industry as a whole is in transition to higher-value, lower-volume production, having closed many basic chemicals and polymers capacities in recent years. This should put the industry in good stead for profitability, although existing petrochemicals facilities will continue to feel the challenge of feedstock prices in competing with US and Middle Eastern rivals.
The latest production indices suggest that British chemicals grew by an average of 5% y-o-y in H115 while rubber and plastic output stagnated. The trends show that the petrochemicals portion of overall chemicals output has plateaued while speciality and value added production is performing strongly. This supports BMI's long-held view that the UK industry is abandoning high-volume petrochemicals products,which are struggling to compete with low-cost rivals in the US and the Middle East. Instead, research and development expenditure is pouring into diversification into high-end, niche markets.
Complete report available @ http://www.rnrmarketresearch.com/united-kingdom-petrochemicals-report-q4-2015-market-report.html .
Table of ContentsBMI Industry View 7SWOT 8Political 10Economic 11Operational Risk 12Industry Forecast 13Table: United Kingdom - Petrochemicals Sector (2012-2019f) 17Macroeconomic Forecasts 18Economic Analysis 18Real GDP By Expenditure 21
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Table: GDP By Expenditure (United Kingdom 2012-2019) 23Industry Risk/Reward Ratings 24Europe Petrochemicals Risk/Reward Index 24Russia and Ukraine Under Pressure 26Table: European Petrochemicals Risk/Reward Index (scores out of 100) 28United Kingdom Petrochemicals Risk/Reward Index 29Market Overview 30Industry Trends And Developments 33Feedstock Issues 37Regulation 38Unconventional Gas 40Company Profile 44BP 44
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