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Petrochemical slide expected to persist
Bangkok Post
|August 08, 2025
Analysts anticipate recovery in 2027
The downturn in the petrochemical industry is expected to continue until 2027, when it will begin to recover, according to analysts.
Petrochemical manufacturers are worried about a significant increase in ethylene and propylene production over the past five years, leading to a supply glut that hampers their businesses, said Laksamon Duangkit, an analyst at PTT Global Chemical Plc, a petrochemical arm of national oil and gas conglomerate PTT Plc.
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