1. Market Research
  2. > Chemical
  3. > Petrochemical Market Trends
  4. > Germany Petrochemicals Report Q4 2016

Germany Petrochemicals Report Q4 2016

  • September 2016
  • -
  • Business Monitor International
  • -
  • 75 pages

Includes 3 FREE quarterly updates

BMI View:

Germany's petrochemicals industry will be hit by the impact of Brexit due to its reliance onexport-oriented industries, particularly the automotive sector, as well as its role as a major petrochemicalssupplier in Europe. The sector was already seeing a downturn in sales volumes before the UK's vote toleave the EU, suggesting existing weaknesses in the economy are likely to be exacerbated by the uncertaintycaused by Brexit. However, we expect that the effects will be short-lived and that a 'new normal' will arisewhen uncertainty dissipates. German petrochemicals producers are in a stronger position than their peersto weather the storm, and growth will rebound from 2017.The German chemicals industry has witnessed a strong downturn in activity in recent months, indicatingthat it was already under pressure before the surprise vote for Brexit in the UK. In H116, Germanpetrochemicals output declined by a marginal 0.2%, indicating the industry was in a period of stagnation.However, with prices down 2.0% year-on-year (y-o-y), domestic chemicals sales fell 4.0% and chemicalsexports declined 3.5%,The weak and volatile external demand picture is compounded by a longer-term trend of eroding exportcompetitiveness, which is starting to make itself felt in the country's key industrial sector. While Germanyremains relatively competitive compared with its eurozone peers, the economy has lost significant pricecompetitiveness against non-eurozone industrial economies since mid-2012. With the eurozone taking mostof Germany's chemicals exports, it will play a crucial role in the sector's performance. A positive outlookearlier in the year eroded as doubts emerged over the sustainability of the recovery. On the upside, theGerman chemicals and petrochemicals industries are in a better position to compete, both due to theefficiency of production and the level of specialisation and added value.

- For 2016, BMI has downgraded its forecast for chemical output growth from 1.0% to 0.5%. However,producer prices are anticipated to fall by 2.0% and sales will decline by a similar amount to EUR185bn.

- Germany will feel the impact of Brexit via weaker export growth and reduced private sector confidenceas European political and economic risks rise, and we have revised down our real GDP growth forecastsfor the country.

- Germany's domestic demand story will still remain robust, with household consumption and residentialconstruction growing strongly in the next few years, although the export-oriented automotive industry -which relies on petrochemicals for a third of its raw materials - will suffer a downturn. As such, the risksare balanced, even though there is some short-term uncertainty, and consequently we do not consider anymajor reduction in petrochemicals capacity.

Table Of Contents

Germany Petrochemicals Report Q4 2016
BMI Industry View 7
SWOT 9
Political 11
Economic 12
Operational Risk 13
Industry Forecast 14
Table: Germany Petrochemical Sector - Historical Data and Forecasts 18
Macroeconomic Forecasts 19
Economic Analysis 19
Industry Risk/Reward Index 22
Europe Petrochemicals Risk/Reward Index 22
Table: European Petrochemicals Risk/Reward Index (scores out of 100) 28
Germany Petrochemicals Risk/Reward Index 29
Market Overview 30
Industry Trends And Developments 34
Refining 36
Company Profile 41
BASF Aktiengesellschaft (BASF) 41
Table: BASF Annual Results (EURmn) 43
BP Refining And Petrochemicals GmbH 45
Table: BP Financial Results (USDmn) 46
Regional Overview 47
Europe Overview 47
Global Industry Overview 58
Demographic Forecast 65
Demographic Outlook 65
Table: Population Headline Indicators (Germany 1990-2025) 66
Table: Key Population Ratios (Germany 1990-2025) 66
Table: Urban/Rural Population and Life Expectancy (Germany 1990-2025) 67
Table: Population By Age Group (Germany 1990-2025) 67
Table: Population By Age Group % (Germany 1990-2025) 68
Glossary 70
Table: Glossary Of Petrochemicals Terms 70
Methodology 71
Industry Forecast Methodology 71
Risk/Reward Index Methodology 73
Table: Petrochemicals Risk/Reward Index Indicators 74
Table: Weighting Of Indicators 75

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Butane Market Analysis By Application (LPG, Petrochemicals, Refinery) And Segment Forecasts To 2020

Butane Market Analysis By Application (LPG, Petrochemicals, Refinery) And Segment Forecasts To 2020

  • $ 4 700
  • Industry report
  • May 2016
  • by Grand View Research

Global butane market is expected to reach USD 203.26 billion by 2020. Increasing government support to promote the use of LPG as a domestic fuel particularly in Asia Pacific and Africa is expected to remain ...

Global Petrochemical Guanidine Nitrate Report-Market Size and Forecast 2016

Global Petrochemical Guanidine Nitrate Report-Market Size and Forecast 2016

  • $ 2 850
  • Industry report
  • July 2016
  • by 9Dimen Research

2016 Global Petrochemical Guanidine Nitrate Industry Report is a professional and in-depth research report on the world's major regional market conditions of the Petrochemical Guanidine Nitrate industry, ...

Global Petrochemical Potassium Perchlorate Report-Market Size and Forecast 2016

Global Petrochemical Potassium Perchlorate Report-Market Size and Forecast 2016

  • $ 2 850
  • Industry report
  • July 2016
  • by 9Dimen Research

2016 Global Petrochemical Potassium Perchlorate Industry Report is a professional and in-depth research report on the world's major regional market conditions of the Petrochemical Potassium Perchlorate ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.