Petrochemicals Market Size, Share Analysis, Key Companies, and Forecast To 2030

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Rising demand for petrochemicals in automotive, and pharmaceuticals industries is a key factor driving petrochemicals market revenue growth

The Global Petrochemicals Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Petrochemicals Market studies the market scenario to offer growth projections for the Petrochemicals industry. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.

The global petrochemicals market size reached USD 547.26 Billion in 2021 and is expected to register a revenue CAGR of 6.1% during the forecast period, according to latest analysis by Emergen Research. Rising demand for petrochemicals in automotive, and pharmaceutical industries is a key factor driving market revenue growth.

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Research Report on the Petrochemicals Market Addresses the Following Key Questions:

  • Who are the dominant players of the Petrochemicals market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Petrochemicals market?
  • What are the key growth drivers and restraining factors of the Petrochemicals market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Petrochemicals market and its key segments?

Market Overview:

The report bifurcates the Petrochemicals market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Petrochemicals market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Leading companies operating across the global Petrochemicals market:

BASF SE, Dow Inc., LyondellBasell Industries Holdings B.V., DuPont de Nemours, Inc., Phillips 66 Company, TotalEnergies, China National Petroleum Corp., Chevron Corporation, Marathon Petroleum Corporation, Exxon Mobil Corporation, Ineos Group Ltd., and Saudi Basic Industries Corporation (SABIC)

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  1. Market Summary:
  2. Product Outlook:
  • Production, by product type
  • Revenue, by product type
  • Price, by product type
  1. Application Outlook:
  • Consumption, by application
  • Market Share, by application
  1. Geographical Breakdown:
  • Production, by region
  • Revenue, by region
  • Consumption, by region
  1. Manufacturers’ Overview:
  • Production Locations and Areas Served
  • Product Launch, Application, and Specification
  • Production, Revenue, Ex-factory Price, and Gross Margin
  • Key Businesses

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Regional Landscape section of the Petrochemicals report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Global Petrochemicals Market Report - Segmental Analysis:

The global Petrochemicals business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Petrochemicals business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.

  • Product Type Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)

    • Propylene
      1. Polypropylene
      2. Propylene Oxide
      3. Cumene
      4. Acrylonitrile
      5. Isopropanol
      6. Acrylic Acid
      7. Others
    • Ethylene
      1. Polyethylene
      2. Ethylene Oxide
      3. Ethylene Dichloride (EDC)
      4. Ethyl Benzene
      5. Others
    • Benzene
      1. Ethyl Benzene
      2. Nitrobenzene
      3. Phenol/Cumene
      4. Cyclohexane
      5. Alkyl Benzene
      6. Others
    • Butadiene
      1. Styrene-Butadiene Rubber
      2. Nitrile Rubber
      3. Butadiene Rubber
      4. Acrylonitrile Butadiene Styrene
      5. Styrene-Butadiene Latex
      6. Others
    • Toluene
      1. Benzene
      2. Xylenes
      3. Solvents
      4. Vinyl
      5. Styrene
      6.  Others
    • Methanol
      1. Formaldehyde
      2. Acetic Acid
      3. Gasoline
      4. Methyl Methacrylate
      5. Methyl Tert-Butyl Ether (MTBE)
      6. Dimethyl Ether
      7. Others
    • Xylene
  • Manufacturing Process (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)

    • Fluid Catalytic Cracking (FCC)
    • Steam Cracking
    • Catalytic Reforming
  • Application Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)

    • Packaging
    • Electronics
    • Construction
    • Automotive
    • Aerospace
    • Agriculture
    • Consumer Industrial Goods
    • Others
  • Regional Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019–2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Petrochemicals market.

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