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Technavio’s research analyst predicts the petrochemicals market in MENA to grow at a CAGR of around 6%, in terms of volume, during the forecast period. The increased demand for petrochemical products from the automotive industry is the primary driver for the growth of this market. The automotive sector accounts for more than 15% consumption of the overall petrochemicals produced globally, with the MENA region accounting for 20% of the global production. For instance, the use of petrochemical products can increase the fuel efficiency of automobiles by nearly 30%.
PART 01: Executive summary
PART 02: Scope of the Report
PART 03: Market research methodology
PART 04: Introduction
PART 05: MENA Petrochemical Market
PART 06: Market segmentation by application
PART 07: Market segmentation by product type
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Explore Technavio
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