"Turkey Petrochemicals Report Q4 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Sun Sep 13 2015

The Turkish petrochemicals market is set for heightened risk as a result of the uncertainties created by the June election result, but the industry will continue to expand along the ambitious goals set out by SOCAR , the Azerbaijani owner of Turkish producer Petkim .

BMI is forecasting GDP growth of 2.8% and 3.5% in Turkey in 2015 and 2016 respectively with a period of slower growth over the medium term. The June 7 general election has increased short-term political risks and policy uncertainty, which will undermine potential growth in the coming quarters. Nevertheless, the Turkish petrochemicals market should be supported by the strengthening, export-oriented automotive industry. Strong export growth to Europe drove a 15.8% increase in Turkish passenger car production in 2014. This looks set to continue in the coming months as the regional market improves further, and BMI forecasts 11.2% output growth in 2015.

Full Report Details at
- http://www.fastmr.com/prod/1038358_turkey_petrochemicals_report.aspx?afid=301

Turkish petrochemicals consumption has two main sources: products used in the construction industry and intermediate goods for export-oriented sectors such as the automotive industry. A transition to slower, more balanced growth relative to the past decade will continue. Turkey's rapidly growing population will necessitate continued high levels of housing development, which should drive demand for construction-related plastic products. As an intermediate sector supplying industry, the Turkish petrochemicals industry is insufficient to cover all domestic demand, so imports will continue to track demand trends until major expansion comes on stream.

The Turkey Petrochemicals Report has been researched at source, and features BMI Research's market assessment and independent forecasts for key petrochemicals sub-sectors. The report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing companies by products and services, sales, market share, investments, projects, partners and expansion strategies.

BMI's Turkey Petrochemicals Report provides industry professionals and strategists, sector analysts, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Turkish petrochemicals industry.

Key Benefits

* Benchmark BMI's independent petrochemicals industry forecasts to test other views - a key input for successful budgetary and planning in the Turkish petrochemicals market.
* Target business opportunities and risks in the Turkish petrochemicals sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Turkey.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).


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