As part of Emergen Research's Global Petrochemicals Market Research Report, key business details and extensive geographical spread of the Petrochemicals industry have been analyzed. The report’s authors have offered necessary details on the latest Petrochemicals market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Petrochemicals industry entails useful insights into the estimated Petrochemicals market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Petrochemicals market.
The current COVID-19 pandemic is expected to have an effect on the growth of the Petrochemicals industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and Petrochemicals will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall Petrochemicals industry.
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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Market Scope:
One of the report’s central components is the broad Petrochemicals market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Petrochemicals market players.
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?
The leading market contenders listed in the report are:
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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Market Segmentations of the Petrochemicals Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Petrochemicals market on the basis of product, application, and region:
Segments Covered in this report are:
-
Product Type Outlook (Revenue, USD Billion, Volume, Kilo Tons; 2019-2030)
- Propylene
- Polypropylene
- Propylene Oxide
- Cumene
- Acrylonitrile
- Isopropanol
- Acrylic Acid
- Others
- Ethylene
- Polyethylene
- Ethylene Oxide
- Ethylene Dichloride (EDC)
- Ethyl Benzene
- Others
- Benzene
- Ethyl Benzene
- Nitrobenzene
- Phenol/Cumene
- Cyclohexane
- Alkyl Benzene
- Others
- Butadiene
- Styrene-Butadiene Rubber
- Nitrile Rubber
- Butadiene Rubber
- Acrylonitrile Butadiene Styrene
- Styrene-Butadiene Latex
- Others
- Toluene
- Benzene
- Xylenes
- Solvents
- Vinyl
- Styrene
- Others
- Methanol
- Formaldehyde
- Acetic Acid
- Gasoline
- Methyl Methacrylate
- Methyl Tert-Butyl Ether (MTBE)
- Dimethyl Ether
- Others
- Xylene
- Propylene
-
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
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
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Regional Outlook of the Petrochemicals Market
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- 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)
Report Highlights:
- Besides offering a vivid depiction of the global Petrochemicals business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years.
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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