Press release
European Chemical Market Trends, Size, Competitive Analysis and Forecast - 2019-2025
A full Report of European Chemical Market is Available at: https://www.omrglobal.com/industry-reports/european-chemical-market
The action plan for 2020 includes reducing organic capital expenditures from $10-$11 billion to nearly $8.5 billion and decreasing exploration activity from nearly $1.4 billion to nearly $1.0 billion. This, in turn, will affect its production capacity of crude oil and natural gas. As the company is the second-largest natural gas supplier to Europe, the petrochemical production is also expected to suffer due to the reduction in Equinor investment in exploration activities. Apart from these, a supply chain disruption due to the COVID-19 is impacting chemical production in Europe. However, increasing the production of personal protective equipment and hand sanitizers will increase the demand for petrochemicals in the region.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/european-chemical-market
Key questions addressed by the report
• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
European Chemical Market – Segmentation
By Type
• Petrochemicals
• Basic Inorganic
• Polymers
• Specialty Chemicals
• Consumer Chemicals
• Others (Auxiliaries for Industry)
European Chemical Market – Segmentation by Geography
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe
Company Profiles
• BASF SE
• Bracco Group
• Croda International PLC
• Elementis PLC
• INEOS Group
• Johnson Matthey (JM)
• Kem One
• LyondellBasell Industries N.V.
• RadiciGroup
• Synthomer PLC
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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