Global Petrochemicals Market to Expand at 6.8% CAGR between 2014 and 2020, to be Worth US$885.07 bn by 2020

Transparency Market
Research
Petrochemicals Market – Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 – 2020Published Date
28-Nov-2014112 Page ReportBuy NowRequest SamplePress ReleaseGlobal Petrochemicals Market to Expand at 6.8% CAGR between
2014 and 2020, to be Worth US$885.07 bn by 2020 : TMR
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Petrochemicals Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020
A recent market research report published by the market research company Transparency Market Research,
titled “Petrochemicals Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 – 2020”, comprises a professional analysis of the global petrochemicals market.The report states that the
market, which serves a wide range of applications in a horde of industries where petrochemicals are used as
raw materials for the production of many industrially important products, will expand at a healthy 6.8% CAGR
between 2014 and 2020 and rise to a valuation of US$885.07 bn by 2020.
Browse the full Petrochemicals Market – Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 – 2020 report at : http://www.transparencymarketresearch.com/petrochemicals.html
The dynamic growth of key end-use industries such as packaging, automobile, and construction is the chief
factor driving the overall petrochemicals market, states the report. The abundant availability of raw material in
the Middle East, one of the world’s largest producers and exporters of natural gas and crude oil, is also a
reason why the petrochemicals market is flourishing on a global level.The market is also driven by government
initiatives in China and India that are promoting the…