Petrochemicals Global Market Opportunities And Strategies To 2032

Petrochemicals Market 2023 – By Type (Ethylene, Propylene, Benzene, Xylene, Styrene, Toluene, Cumene, Other Petrochemicals), By End-User (Textile, Furniture, Paints And Coatings, Pharmaceuticals, Synthetic Rubber And Fibers, Plastic Materials And Resins, Toiletries And Cleaning Compounds, Other End Users), And By Region, Opportunities And Strategies – Global Forecast To 2032

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Petrochemicals Global Market Opportunities And Strategies To 2032

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Petrochemicals Market Definition

Petrochemicals refer to chemical compounds derived from petroleum or natural gas. They are used as raw materials in various industries, including plastics, rubber, textiles, pharmaceuticals and more. Petrochemicals play a crucial role in modern manufacturing and are essential for the production of numerous everyday products.

The petrochemicals manufacturing market consists of the sales of petrochemicals by entities (organizations, sole traders and partnerships) that produce acyclic (aliphatic) hydrocarbons, such as ethylene, propylene and butylene made from refined petroleum or liquid hydrocarbons, and/or produce cyclic aromatic hydrocarbons, such as benzene, toluene, styrene, xylene, ethyl benzene and cumene, made from refined petroleum or liquid hydrocarbons.

Petrochemicals Market Size

The global petrochemicals market grew from $539,925.0 million in 2022, having increased at a compound annual growth rate (CAGR) of 1.1% since 2017. The market is expected to grow from $539,925.0 million in 2022 to $682,814.8 million in 2027 at a rate of 4.8%. The market is then expected to grow at a CAGR of 4.7% from 2027 and reach $858,351.3 million in 2032.  

Growth in the historic period resulted from the increasing industrial manufacturing of thermoplastic, strong economic growth in emerging markets, the accelerating production of natural gas, the growing demand for plastics, the rapid increase in oil production and growth of the construction industry. Factors that negatively affected growth in the historic period were the impact of COVID-19, the increasing raw material costs and the stringent regulations.

Going forward, rapid industrialization, the rising demand for synthetic materials, the rising demand for electronic products and the increasing sales of electric and hybrid vehicles will drive the market growth. Factors that could hinder the growth of the petrochemicals market in the future include the impact of the Russia-Ukraine war, the rise in the use of environmentally friendly products and the shortage of skilled labor in the oil and petroleum sector.

Petrochemicals Market Drivers

The key drivers of the petrochemicals market include:

Rising Demand For Electronic Products

During the forecast period, demand for electronic products will support the growth of the petrochemicals market. Petrochemicals are a key source of raw materials in the electronics industry, as they are used in batteries and screens and other household goods. For instance, in April 2020, according to a market figure published by Consumer and Home Electronics GmbH, a Germany-based consumer electronics company, with 31.2 billion Euros in sales in 2021, the consumer electronics segment was up 2.5% from 2020. Additionally, the segment of IT goods for private use grew positively, increasing by 3.1% to 8.7 billion euros.  Thus, the rising demand for electronic products will drive the petrochemicals market going forward.

Petrochemicals Market Restraints

The key restraints on the petrochemicals market include:

Russia-Ukraine War Impact

The Russia-Ukraine war has had a significant impact on the petrochemical industry. The conflict has created geopolitical tensions and uncertainties, leading to disruptions in the supply chain of petrochemicals. The region is a key transit route for energy supplies, and any disruption or potential escalation of the conflict could result in higher transportation costs and supply chain bottlenecks. The conflict has also led to an increase in energy prices, particularly natural gas, which is a crucial feedstock for the petrochemicals industry. Higher energy costs have squeezed profit margins and made it more challenging for companies to remain competitive. In 2022, in the wake of Russia's invasion of Ukraine, global oil prices soared to more than $120 a barrel, amid concerns about a shortfall in global supplies from Russia. But they have fallen sharply since then, as the global economy slows down and countries use less oil. Also, according to Independent Commodity Intelligence Services (ICIS), a London-based information services company, in 2022, the petrochemicals and polymers industry was impacted severely due to the war, which led to Weaker demand for durable goods, cost and supply chain issues, a stalled rebound in services demand and lower overall government stimulus. Therefore, the war will limit the growth of the petrochemical industry going forward.

Petrochemicals Market Trends

Major trends influencing the petrochemicals market include:

Chemical Plant Development And Investments

Chemical plant developments and investments in the petrochemicals market encompass the planning, design, construction and operation of chemical plants, with a focus on achieving specific strategic objectives. These developments are driven by various factors, including market demand, technological advancements, cost competitiveness, sustainability considerations and regulatory requirements in the petrochemicals market. For instance, in July 2022, BASF SE, a Germany-based chemicals company, approved the construction of its $10 billion integrated chemicals plant in Zhanjiang, China. The plant is expected to be completed by 2030 and will produce a wide range of chemicals, including engineering plastics, thermoplastic polyurethanes and ethylene glycol. This is a major investment in China’s chemical industry and will have a positive impact on the region. The plant will create jobs, boost economic growth and help protect the environment.

Product Innovations

Product innovations are a key trend in the petrochemicals market. Product innovation enables businesses to remain relevant in their markets, while also growing and improving over time. Major companies in the petrochemicals market are focusing on product innovations and development of new product solutions to strengthen their position in the market. For instance, in May 2023, Borealis AG, an Austrian chemical company, launched Stelora™. It is a new class of engineering polymer that is appropriate for a wide range of technically advanced applications that high-temperature polymers are not suitable for. It is made from renewable feedstock, which is a huge step towards a circular economy. Stelora was developed in collaboration with TOPAS Advanced Polymers, a US-based producer of cyclic olefin copolymer (COC).

Opportunities And Recommendations In The Petrochemicals Market

Opportunities –The top opportunities in the petrochemicals market by type will arise in the ethylene market, which will gain $51,660.3 million of global annual sales by 2027. The top opportunities in the petrochemicals market by end user will arise in the other end-users market, which will gain $44,235.9 million of global annual sales by 2027. The petrochemicals market size will gain the most in China at $18,392.4 million.

Recommendations-To take advantage of the opportunities, The Business Research Company recommends the petrochemicals companies to focus on products innovations, focus on advanced polymers development, focus on use of artificial intelligence (AI), focus on increasing investments in new chemical plants, expand in emerging markets, continue to focus on developed markets, focus on mergers and acquisitions, focus on partnerships and collaborations, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, and continue to target fast-growing end-users.

Petrochemicals Market Segmentation

The petrochemicals market is segmented by type and by end-user.
By Type -
The petrochemicals market is segmented by type into:
    • a) Ethylene
    • b) Propylene
    • c) Benzene
    • d) Xylene
    • e) Styrene
    • f) Toluene
    • g) Cumene
    • h) Other Petrochemicals
The ethylene market was the largest segment of the petrochemicals market by type, accounting for $122,847.0 million or 22.8% of the total market in 2022. It is expected to be the fastest-growing segment by type going forward at a CAGR of 7.3%.
By End User-
The petrochemicals market is segmented by end user into:
    • a) Textile
    • b) Furniture
    • c) Paints And Coatings
    • d) Pharmaceuticals
    • e) Synthetic Rubber And Fibers
    • f) Plastic Materials And Resins
    • g) Toiletries And Cleaning Compounds
    • h) Other End-User
The other end-user market was the largest segment of the petrochemicals market by end-user, accounting for $189,247.3 million or 35.1% of the total market in 2022. The plastic materials and resins market is expected to be the fastest-growing segment by end-user going forward at a CAGR of 7.3%.
By Geography - The petrochemicals market is segmented by geography into:
      o Asia Pacific
      • • China
      • • India
      • • Japan
      • • Australia
      • • Indonesia
      • • South Korea
      o North America
      • • USA
      o South America
      • • Brazil
      o Western Europe
      • • France
      • • Germany
      • • UK
      o Eastern Europe
      • • Russia
      o Middle East
      o Africa
Asia Pacific was the largest region in the petrochemicals market, accounting for 42.9% of the global market in 2022. It was followed by the Middle East, Western Europe and the other regions. Going forward, the fastest growing regions in the petrochemicals market will be Africa and the Western Europe, where growth will be at CAGRs of 9.9% and 6.2% respectively from 2022-2027.

Petrochemicals Market Competitive Landscape

Major Competitors are:

  • Saudi Basic Industries Corporation (SABIC)
  • Sinopec
  • ENEOS Holdings Inc
  • LG Chem Ltd
  • Royal Dutch Shell

    • Other Competitors Include:

  • BASF SE
  • Lyondell Basell Industries Holdings BV
  • Chevron
  • GS Caltex Corporation
  • Mitsubishi Chemical Group Corporation
  • Bharat Petroleum Corporation Ltd (BPCL)
  • GAIL India Ltd
  • Hindustan Petroleum Corporation Ltd (HPCL)
  • Indian Oil Corporation Ltd
  • Oil and Natural Gas Corporation Ltd (ONGC)
  • Reliance Industries Ltd
  • Wanhua Chemical Group Co Ltd
  • PetroChina Company Limited
  • Rongsheng Petrochemical
  • Hengli Petrochemical
  • Supreme Petrochem Ltd.
  • Manali Petrochemicals Ltd
  • Chandra Asri Petrochemical
  • Sarwarzad Energy Ltd
  • Brent Petroleum Ltd
  • A&D Group Company
  • Innoventech Solutions Limited
  • Blacklynx Ltd
  • Evonik Industries AG
  • Repsol
  • Borealis AG
  • Bayer AG
  • Valero
  • British Petroleum
  • PBF Energy
  • Rosneft
  • Surgutneftegas
  • Gazprom Neft
  • Biporaf
  • OMV Petrom SA
  • Romgaz
  • Lukoil-ZapadnayaSibir
  • DuPont
  • DoW
  • Linde
  • Eastman Chemical
  • Huntsman Corporation
  • NOVA Chemicals Corporation
  • Shell Canada Limited
  • Imperial Oil Limited
  • Braskem
  • Petrobras Argentina
  • Oxiteno
  • Empresa Nacional del Petróleo
  • Saudi Aramco
  • Total
  • ADNOC
  • Kuwait Petroleum Corporation
  • Duqm Refinery & Petrochemical Industries
  • Borouge
  • Emirates National Oil Company (ENOC)
  • Sidi Kerir Petrochemicals Company (SIDPEC)
  • Carbon Holdings Limited
  • Sasol
  • Egyptian Petrochemicals Holding Company (ECHEM)

      • Table Of Contents

      1. Executive Summary

      2. Table Of Contents

      3. List Of Figures

      4. List Of Tables

      5. Report Structure

      6. Introduction and Market Characteristics

      6.1. General Market Definition

      6.2. Summary

      6.3. Petrochemicals Market Definition And Segmentations

      6.4. Market Segmentation By Type

      6.4.1. Ethylene

      6.4.2. Propylene

      6.4.3. Benzene

      6.4.4. Xylene

      6.4.5. Styrene

      6.4.6. Toluene

      6.4.7. Cumene

      6.4.8. Other Petrochemicals

      6.5. Market Segmentation By End-User

      6.5.1. Textile

      6.5.2. Furniture

      6.5.3. Paints And Coatings

      6.5.4. Pharmaceuticals

      6.5.5. Synthetic Rubber And Fibers

      6.5.6. Plastic Materials And Resins

      6.5.7. Toiletries And Cleaning Compounds

      6.5.8. Other End-Users

      7. Product/Service Analysis –Product/Service Examples

      8. Supply Chain Analysis

      8.1. Raw Material And Equipment Suppliers

      8.2. Petrochemical Manufacturers

      8.3. End Users

      9. Customer Information

      9.1. Current Market Dynamics Within The Petrochemical Industry

      9.2. Impact Of COVID-19 On Petrochemical Industries

      9.3. Lack Of Trust in Adopting Artificial intelligence (AI)-Based Diagnostics System For Fault Detection And Isolation

      9.4. Building Supply Chain Resilience In The Petrochemical Industry

      9.5. Move Towards Sustainability And Reduce Climate Related Risk

      10. Major Market Trends

      10.1. Advanced Polymers Development

      10.2. Chemical Plant Development And Investments

      10.3. Product Innovations

      10.4. Artificial Intelligence (AI) In Petrochemical Industry

      10.5. Collaborations Among Petrochemical Manufacturing Companies

      11. Global Market Size and Growth

      11.1. Market Size

      11.2. Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.2.1. Market Drivers 2017 – 2022

      11.2.2. Market Restraints 2017 – 2022

      11.3. Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.3.1. Market Drivers 2022 – 2027

      11.3.2. Market Restraints 2022 – 2027

      12. Global Petrochemicals Market Segmentation

      12.1. Global Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.2. Global Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13. Petrochemicals Market, Regional and Country Analysis

      13.1. Global Petrochemicals Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.2. Global Petrochemicals Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14. Asia-Pacific Market

      14.1. Summary

      14.2. Market Overview

      14.2.1. Region Information

      14.2.2. Market Information

      14.2.3. Background Information

      14.2.4. Government Initiatives

      14.2.5. Regulations

      14.2.6. Regulatory Bodies

      14.2.7. Major Associations

      14.2.8. Taxes levied

      14.2.9. Corporate Tax Structure

      14.2.10. Investments

      14.2.11. Major Companies

      14.3. Asia-Pacific Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.4. Asia-Pacific Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.5. Asia-Pacific Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.6. Asia-Pacific Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.7. Asia-Pacific Petrochemicals Market: Country Analysis

      14.8. China Market

      14.9. Summary

      14.10. Market Overview

      14.10.1. Country Information

      14.10.2. Market Information

      14.10.3. Background Information

      14.10.4. Government Initiatives

      14.10.5. Regulations

      14.10.6. Regulatory Bodies

      14.10.7. Major Associations

      14.10.8. Taxes levied

      14.10.9. Corporate tax structure

      14.10.10. Investments

      14.10.11. Major Companies

      14.11. China Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.12. China Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.13. China Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.14. China Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.15. India Market

      14.16. India Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.17. India Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.18. India Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.19. India Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.20. Japan Market

      14.21. Japan Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.22. Japan Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.23. Japan Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.24. Japan Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.25. Australia Market

      14.26. Australia Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.27. Australia Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.28. Australia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.29. Australia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.30. Indonesia Market

      14.31. Indonesia Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.32. Indonesia Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.33. Indonesia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.34. Indonesia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.35. South Korea Market

      14.36. South Korea Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.37. South Korea Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.38. South Korea Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.39. South Korea Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15. Western Europe Market

      15.1. Summary

      15.2. Market Overview

      15.2.1. Region Information

      15.2.2. Market Information

      15.2.3. Background Information

      15.2.4. Government Initiatives

      15.2.5. Regulations

      15.2.6. Regulatory Bodies

      15.2.7. Major Associations

      15.2.8. Taxes levied

      15.2.9. Corporate tax structure

      15.2.10. Investments

      15.2.11. Major Companies

      15.3. Western Europe Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.4. Western Europe Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.5. Western Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.6. Western Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.7. Western Europe Petrochemicals Market: Country Analysis

      15.8. UK Market

      15.9. UK Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.10. UK Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.11. UK Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.12. UK Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.13. Germany Market

      15.14. Germany Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.15. Germany Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.16. Germany Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.17. Germany Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.18. France Market

      15.19. France Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.20. France Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.21. France Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.22. France Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16. Eastern Europe Market

      16.1. Summary

      16.2. Market Overview

      16.2.1. Region Information

      16.2.2. Market Information

      16.2.3. Background Information

      16.2.4. Government Initiatives

      16.2.5. Regulations

      16.2.6. Regulatory Bodies

      16.2.7. Major Associations

      16.2.8. Taxes Levied

      16.2.9. Corporate Tax Structure

      16.2.10. Investments

      16.2.11. Major Companies

      16.3. Eastern Europe Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      16.4. Eastern Europe Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      16.5. Eastern Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16.6. Eastern Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16.7. Eastern Europe Petrochemicals Market: Country Analysis

      16.8. Russia Market

      16.9. Russia Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      16.10. Russia Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      16.11. Russia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16.12. Russia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17. North America Market

      17.1. Summary

      17.2. Market Overview

      17.2.1. Region Information

      17.2.2. Market Information

      17.2.3. Background Information

      17.2.4. Government Initiatives

      17.2.5. Regulations

      17.2.6. Regulatory Bodies

      17.2.7. Major Associations

      17.2.8. Taxes Levied

      17.2.9. Corporate Tax Structure

      17.2.10. Investments

      17.2.11. Major Companies

      17.3. North America Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      17.4. North America Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      17.5. North America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17.6. North America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17.7. North America Petrochemicals Market: Country Analysis

      17.8. USA Market

      17.9. Summary

      17.10. Market Overview

      17.10.1. Country Information

      17.10.2. Market Information

      17.10.3. Background Information

      17.10.4. Government Initiatives

      17.10.5. Regulations

      17.10.6. Regulatory Bodies

      17.10.7. Major Associations

      17.10.8. Taxes Levied

      17.10.9. Corporate Tax Structure

      17.10.10. Investments

      17.10.11. Major Companies

      17.11. USA Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      17.12. USA Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      17.13. USA Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17.14. USA Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      18. South America Market

      18.1. Summary

      18.2. Market Overview

      18.2.1. Region Information

      18.2.2. Market Information

      18.2.3. Background Information

      18.2.4. Government Initiatives

      18.2.5. Regulations

      18.2.6. Regulatory Bodies

      18.2.7. Major Associations

      18.2.8. Taxes Levied

      18.2.9. Corporate Tax Structure

      18.2.10. Investments

      18.2.11. Major Companies

      18.3. South America Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      18.4. South America Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      18.5. South America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      18.6. South America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      18.7. South America Petrochemicals Market: Country Analysis

      18.8. Brazil Market

      18.9. Brazil Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      18.10. Brazil Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      18.11. Brazil Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      18.12. Brazil Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      19. Middle East Market

      19.1. Summary

      19.2. Market Overview

      19.2.1. Region Information

      19.2.2. Market Information

      19.2.3. Background Information

      19.2.4. Government Initiatives

      19.2.5. Regulations

      19.2.6. Regulatory Bodies

      19.2.7. Major Associations

      19.2.8. Taxes Levied

      19.2.9. Corporate Tax Structure

      19.2.10. Investments

      19.2.11. Major Companies

      19.3. Middle East Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      19.4. Middle East Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      19.5. Middle East Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      19.6. Middle East Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      20. Africa Market

      20.1. Summary

      20.2. Market Overview

      20.2.1. Region Information

      20.2.2. Market Information

      20.2.3. Background Information

      20.2.4. Government Initiatives

      20.2.5. Regulations

      20.2.6. Regulatory Bodies

      20.2.7. Major Associations

      20.2.8. Taxes Levied

      20.2.9. Corporate Tax Structure

      20.2.10. Investments

      20.2.11. Major Companies

      20.3. Africa Petrochemicals Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      20.4. Africa Petrochemicals Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      20.5. Africa Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      20.6. Africa Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      21. Competitive Landscape And Company Profiles

      21.1. Company Profiles

      21.2. Saudi Basic Industries Corporation (SABIC)

      21.2.1. Company Overview

      21.2.2. Products And Services

      21.2.3. Business Strategy

      21.2.4. Financial Overview

      21.3. Sinopec

      21.3.1. Company Overview

      21.3.2. Products And Services

      21.3.3. Business Strategy

      21.3.4. Financial Overview

      21.4. ENEOS Holdings, Inc.

      21.4.1. Company Overview

      21.4.2. Products And Services

      21.4.3. Business Strategy

      21.4.4. Financial Overview

      21.5. LG Chem Ltd.

      21.5.1. Company Overview

      21.5.2. Products And Services

      21.5.3. Business Strategy

      21.5.4. Financial Overview

      21.6. Royal Dutch Shell

      21.6.1. Company Overview

      21.6.2. Products And Services

      21.6.3. Business Strategy

      21.6.4. Financial Overview

      22. Key Mergers And Acquisitions

      22.1. Abu Dhabi National Oil Company (ADNOC) And Apollo Global Management Acquired Braskem

      22.2. Saudi Aramco Acquired Rongsheng Petrochemical

      22.3. Chevron Corporation Acquired Renewable Energy Group

      22.4. INEOS Group Limited Acquired Shanghai SECCO Petrochemical Company Limited (“SECCO”)

      22.5. The Chatterjee Group, Rhône Capital Joint Acquisition Of Lummus Technology

      22.6. Indorama Ventures Acquired Huntsman Corporation

      23. Opportunities And Strategies

      23.1. Global Petrochemicals Market In 2027 – Countries Offering Most New Opportunities

      23.2. Global Petrochemicals Market In 2027 – Segments Offering Most New Opportunities

      23.3. Global Petrochemicals Market In 2027 – Growth Strategies

      23.3.1. Market Trend Based Strategies

      23.3.2. Competitor Strategies

      24. Petrochemicals Market, Conclusions And Recommendations

      24.1. Conclusions

      24.2. Recommendations

      24.2.1. Product

      24.2.2. Place

      24.2.3. Price

      24.2.4. Promotion

      24.2.5. People

      25. Appendix

      25.1. Market Data Sources

      25.2. Research Methodology

      25.3. Currencies

      25.4. The Business Research Company

      26. Copyright and Disclaimer

    List Of Tables

      Table 1: Global Petrochemicals Market, Product Analysis – Product Examples
    • Table 2: Global Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 3: Global Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 4: Global Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 5: Global Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 6: Global Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 7: Global Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 8: Global Petrochemicals Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 9: Global Petrochemicals Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 10: Global Petrochemicals Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 11: Global Petrochemicals Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 12: Asia-Pacific GDP Per Capita, By Country, 2017-2022, $
    • Table 13: Asia-Pacific, Chemicals Market Size, By Country, 2017-2027, $ Billion
    • Table 14: Asia-Pacific Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 15: Asia-Pacific Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 16: Asia-Pacific Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 17: Asia-Pacific Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 18: Asia-Pacific Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 19: Asia-Pacific Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 20: China GDP Per Capita, 2017-2022, $
    • Table 21: China Chemicals Market Size, 2017-2027, $ Billion
    • Table 22: China Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 23: China Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 24: China Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 25: China Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 26: China Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 27: China Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 28: India Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 29: India Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 30: India Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 31: India Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 32: India Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 33: India Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 34: Japan Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 35: Japan Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 36: Japan Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 37: Japan Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 38: Japan Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 39: Japan Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 40: Australia Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 41: Australia Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 42: Australia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 43: Australia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 44: Australia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 45: Australia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 46: Indonesia Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 47: Indonesia Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 48: Indonesia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 49: Indonesia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 50: Indonesia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 51: Indonesia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 52: South Korea Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 53: South Korea Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 54: South Korea Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 55: South Korea Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 56: South Korea Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 57: South Korea Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 58: Western Europe GDP Per Capita, By Country, 2017-2022, $
    • Table 59: Western Europe Chemicals Market Size, By Country, 2017-2027, $ Billion
    • Table 60: Western Europe Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 61: Western Europe Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 62: Western Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 63: Western Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 64: Western Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 65: Western Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 66: UK Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 67: UK Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 68: UK Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 69: UK Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 70: UK Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 71: UK Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 72: Germany Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 73: Germany Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 74: Germany Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 75: Germany Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 76: Germany Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 77: Germany Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 78: France Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 79: France Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 80: France Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 81: France Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 82: France Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 83: France Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 84: Eastern Europe GDP Per Capita, By Country, 2017-2022, $
    • Table 85: Eastern Europe Chemicals Market Size, By Country, 2017-2027, $ Billion
    • Table 86: Eastern Europe Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 87: Eastern Europe Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 88: Eastern Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 89: Eastern Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 90: Eastern Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 91: Eastern Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 92: Russia Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 93: Russia Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 94: Russia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 95: Russia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 96: Russia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 97: Russia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 98: North America GDP Per Capita, By Country, 2017-2022, $
    • Table 99: North America Chemicals Market Size, By Country, 2017-2027, $ Billion
    • Table 100: North America Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 101: North America Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 102: North America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 103: North America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 104: North America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 105: North America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 106: USA GDP Per Capita, 2017-2022, $
    • Table 107: USAChemicals Market Size, 2017-2027, $ Billion
    • Table 108: USA Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 109: USA Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 110: USA Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 111: USA Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 112: USA Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 113: USA Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 114: South America GDP Per Capita, By Country, 2017-2022, $
    • Table 115: South America Chemicals Market Size, By Country, 2017-2027, $ Billion
    • Table 116: South America Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 117: South America Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 118: South America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 119: South America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 120: South America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 121: South America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 122: Brazil Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 123: Brazil Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 124: Brazil Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 125: Brazil Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 126: Brazil Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 127: Brazil Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 128: Middle East GDP Per Capita, By Country, 2017-2022, $
    • Table 129: Middle East Chemicals Market Size, By Country, 2017-2027, $ Billion
    • Table 130: Middle East Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 131: Middle East Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 132: Middle East Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 133: Middle East Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 134: Middle East Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 135: Middle East Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 136: Africa GDP Per Capita, By Country, 2017-2022, $
    • Table 137: Africa Chemicals Market Size, By Country, 2017-2027, $ Billion
    • Table 138: Africa Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Table 139: Africa Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 140: Africa Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 141: Africa Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 142: Africa Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 143: Africa Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 144: Global Petrochemicals Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Table 145: Sinopec – Financial Performance, 2017– 2021, $ Billion
    • Table 146: ENEOS Holding Inc – Financial Performance, 2017– 2021, $ Billion
    • Table 147: LG Chem Ltd. – Financial Performance, 2017– 2021, $ Billion
    • Table 148: Royal Dutch Shell – Financial Performance, 2017– 2021, $ Billion
    • Table 149: Global Petrochemicals Market Type Gain ($ Million), 2022 – 2027, By Country
    • Table 150: Global Petrochemicals Market Type Gain ($ Million), Segmentation By Type, 2022 – 2027
    • Table 151: Global Petrochemicals Market Type Gain ($ Million), Segmentation By End User, 2022 – 2027
    • Table 152: Petrochemicals - Market Data Sources

    List Of Figures

      Figure 1: Geographic Regions Covered
    • Figure 2: Global Petrochemicals Market Segmentation By Type
    • Figure 3: Global Petrochemicals Market Segmentation By End-User
    • Figure 4: Petrochemicals Industry, Supply Chain Analysis
    • Figure 5: Global Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 6: Global Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 7: Global Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 8: Global Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 9: Global Petrochemicals Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 10: Global Petrochemicals Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 11: Asia-Pacific Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 12: Asia-Pacific Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 13: Asia-Pacific Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 14: Asia-Pacific Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 15: China Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 16: China Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 17: China Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 18: China Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 19: India Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 20: India Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 21: India Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 22: India Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 23: Japan Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 24: Japan Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 25: Japan Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 26: Japan Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 27: Australia Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 28: Australia Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 29: Australia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 30: Australia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 31: Indonesia Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 32: Indonesia Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 33: Indonesia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 34: Indonesia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 35: South Korea Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 36: South Korea Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 37: South Korea Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 38: South Korea Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 39: Western Europe Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 40: Western Europe Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 41: Western Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 42: Western Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 43: UK Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 44: UK Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 45: UK Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 46: UK Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 47: Germany Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 48: Germany Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 49: Germany Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 50: Germany Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 51: France Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 52: France Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 53: France Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 54: France Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 55: Eastern Europe Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 56: Eastern Europe Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 57: Eastern Europe Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 58: Eastern Europe Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 59: Russia Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 60: Russia Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 61: Russia Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 62: Russia Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 63: North America Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 64: North America Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 65: North America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 66: North America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 67: USA Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 68: USA Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 69: USA Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 70: USA Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 71: South America Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 72: South America Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 73: South America Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 74: South America Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 75: Brazil Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 76: Brazil Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 77: Brazil Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 78: Brazil Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 79: Middle East Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 80: Middle East Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 81: Middle East Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 82: Middle East Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 83: Africa Petrochemicals Market, Historic, 2017 – 2022, $ Million
    • Figure 84: Africa Petrochemicals Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 85: Africa Petrochemicals Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 86: Africa Petrochemicals Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 87: Global Petrochemicals Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Figure 88: Saudi Basic Industries Corporation – Financial Performance, 2017– 2021, $ Billion
    • Figure 89: Sinopec – Financial Performance, 2017– 2021, $ Billion
    • Figure 90: ENEOS Holding Inc – Financial Performance, 2017– 2021, $ Billion
    • Figure 91: LG Chem Ltd. – Financial Performance, 2017– 2021, $ Billion
    • Figure 92: Royal Dutch Shell – Financial Performance, 2017– 2021, $ Billion
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    Frequently Asked Questions

    What is the definition of the petrochemicals market?

    The petrochemicals market consists of the sales of petrochemicals by entities (organizations, sole traders or partnerships) that produce acyclic (i.e., aliphatic) hydrocarbons such as ethylene, propylene, and butylene made from refined petroleum or liquid hydrocarbons and/or produce cyclic aromatic hydrocarbons such as benzene, toluene, styrene, xylene, ethyl benzene, and cumene made from refined petroleum or liquid hydrocarbons. request a sample here

    How will the petrochemicals market drivers and restraints affect petrochemicals market dynamics? What forces will shape the petrochemicals industry going forward?

    The petrochemicals market growth is aided by growth in the automobiles industry. However, some petrochemicals market restraints include increase in oil prices request a sample here

    What is the forecast market size of the petrochemicals market?

    The petrochemicals market forecast is expected to reach $477.85 billion in 2025 at a compound annual growth rate of 3%. request a sample here

    How is the petrochemicals market segmented?

    The global petrochemicals market is segmented -
    1) By Type: Ethylene-Petrochemicals, Propylene-Petrochemicals, Benzene-Petrochemicals, Xylene, Styrene-Petrochemicals, Toluene, Cumene, Other Petrochemicals
    2) By End-User Industry: Construction, Packaging, Automotive & Transportation, Healthcare, Electrical & Electronics, Others     request a sample here

    Which region has largest share, and what is the market size and growth by geography according to the petrochemicals global market report?

    For more detail on this, request a sample here.

    Who are the key players of the global petrochemicals market?

    Top competitors in the petrochemicals market are Saudi Basic Industries Corporation (SABIC), Sinopec, Royal Dutch Shell Plc, LyondellBasell Industries, INEOS AG request a sample here.

    What are the key trends in the global petrochemicals market?

    Major trends influencing the petrochemicals market include adopting iot (internet of things) technologies to connect equipment’s’ and smart devices to obtain real time insights and identify inefficiencies in the manufacturing process. request a sample here.

    What are the major opportunities in the petrochemicals market and the approaches companies can take to take advantage of them?

    For detail on the future and current opportunities in the global petrochemicals market, request a sample here.

    How does the petrochemicals market relate to the overall economy and other similar markets?

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