Asian oleochemicals sector attractive for companies willing to invest in new technology, mergers, and acquisitions

摘要

Companies that invest in new technologies or grow through mergers and acquisitions will emerge as winners in the buoyant Asian oleochemicals sector. The oleochemicals industry in Asia should benefit from a global recovery that has broadened, in today's terms, to encompass more firms, countries, and components of aggregate demand. Better labor market conditions in high-income countries and increasing domestic demand in developing countries bode well for a continued global recovery that has been goingon for almost two years. Overall, global growth is projected to ease from 3.8% in 2010 to 3.2% in 2011, as lingering post-crisis difficulties in the United States and the European Union (EU) continue to pose downside risks, with ripple effects expected throughout 2012. Developing economies, on the other hand, should expand by at least 6.3%, reflecting an end to bounce-back factors that served to boost growth in 2010 and the tightening of monetary and fiscal policies as capacity constraints increase.