Abstract
The research report "EU Chemical Industry Analysis" by RNCOS is a
comprehensive evaluation of the past and present status of chemical industry
in European Union (EU). This report provides latest information on production,
sale, consumption, and the trade scenario of chemical products in EU. It helps
clients to analyze the leading-edge opportunities and the driving factors that
indicate the existing and future success of chemical industry in the region.
The future outlook of the chemical industry given in the report gives an idea
of future of different chemical sectors in the region. However, the forecast
is not based on an intricate economic model but has been done by correlating
the past and present performance of the industry.
Note: EU means EU (25) countries in the report.
Market Analysis
The global chemical industry is growing extensively, thanks to multiple uses
of chemicals in various industries. With respect to the global chemical
industry, EU slipped down to the second position (market share of 30.43% and
production value of Euro 455.2 Billion) as the largest chemical production
base in 2005 after Asia; the reason was the expansion of production bases by
China and India and poor performance in petrochemicals and specialty chemical
segment in European Union (25).
The pharmaceutical industry of EU (25) is also the second largest industry in
the world. It is estimated that the pharmaceutical industry in the region
climbed up at a rate of 6% in 2006 propelling the whole chemical industry to
move ahead with 2.6% rate.
In future, the chemical segment like consumer chemicals, plastic, paint and
dyes, fertilizer chemicals etc are likely to grow due to their supportive
industry growth in EU (25). Overall, chemical industry in EU (25) is expected
to grow with a CAGR of 3.19% during 2007-2010.
Research Highlights
- Presence of the world' s second strongest pharmaceutical industry in
European Union (25) has fuelled the pharmaceutical chemical sales and likely
to support the chemical industry in future.
- Cosmetic industry in Europe is gaining pace and creating demand for
consumer chemicals in EU (25).
- Huge automobile production base and emerging plastic packaging industry is
going to create demand for the plastic and rubber chemicals in near future in
the region.
- The printing industry (newspaper) and textile industry is supporting the
production of chemicals for paints and dyes and will decide the future demand
in EU (25).
- The production of agricultural products in Europe is going to support the
future fertilizers and crop protection chemicals in the region.
Key Findings
- Consumer chemicals sale in EU (25) is expected to grow with a CAGR of
2.83% during 2007-2010 and will be supported by the growing personal product
industry in Europe.
- Specialty and fine chemical sales are projected to record a CAGR of 1.53%
from 2007 to 2010 due to rising competition from developing countries like
China and India.
- Pharmaceutical industry sales in EU (25) are anticipated to attain a CAGR
of 2.99% during the forecasted period.
- Petrochemical sales in EU (25) are forecasted to inch up at a CAGR of
2.87% during 2007 to 2010.
Key Issues and Facts Analyzed
- What is the chemical production, sales, and trade scenario globally and in
EU?
- What is the EU chemical production by types?
- What is the EU chemical export and import scenario by regions and types?
- What is the landscape of chemical industry like in major EU countries?
- Which forces are driving the chemical industry in EU?
- What are the opportunities and challenges for chemical manufacturers in EU?
- Who are the key players operating in the market?
Research Methodology Used
Information Sources
The information has been sourced from authentic and reliable sources like
books, newspapers, trade Journals, and white papers, industry portals,
government agencies, trade associations, monitoring of industry news and
developments, and access to more than 3000 paid databases.
Analysis Method
Methods like historical trend analysis, linear regression analysis using
software tools, judgmental forecasting and cause and effect analysis have been
used in the report for prudent analysis.
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