Petrochemicals Market Size, Share & Trends Report

Petrochemicals Market Size, Share & Trends Analysis Report By Product (Ethylene, Propylene, Butadiene), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2024 - 2030

  • Report ID: 978-1-68038-560-1
  • Number of Pages: 249
  • Format: Electronic (PDF)

Market Segmentation

  • Petrochemicals Product Outlook (Volume, Million Tons; Revenue; USD Billion, 2018 - 2030)
    • Ethylene
      • Polyethylene
      • Ethylene oxide
      • EDC
      • Ethylbenzene
      • Others
    • Propylene
      • Polypropylene
      • Propylene oxide
      • Acrylonitrile
      • Cumene
      • Acrylic acid
      • Isopropanol
      • Other
    • Butadiene
      • SB Rubber
      • Butadiene rubber
      • ABS
      • SB latex
      • Others
    •  Benzene
      • Ethyl benzene
      • Phenol/cumene
      • Cyclohexane
      • Nitrobenzene
      • Alkyl benzene
      • Other
    • Xylene
    • Toluene
      • Solvents
      • TDI
      • Others
    • Methanol
      • Formaldehyde
      • Gasoline
      • Acetic acid
      • MTBE
      • Dimethyl ether
      • MTO/MTP
      • Other
  • Petrochemicals Regional Outlook (Volume, Million Tons; Revenue; USD Billion, 2018 - 2030)
    • North America
      • North America Petrochemicals Market, By Product
        • Ethylene
          • Polyethylene
          • Ethylene oxide
          • EDC
          • Ethylbenzene
          • Others
        • Propylene
          • Polypropylene
          • Propylene oxide
          • Acrylonitrile
          • Cumene
          • Acrylic acid
          • Isopropanol
          • Other
        • Butadiene
          • SB Rubber
          • Butadiene rubber
          • ABS
          • SB latex
          • Others
        •  Benzene
          • Ethyl benzene
          • Phenol/cumene
          • Cyclohexane
          • Nitrobenzene
          • Alkyl benzene
          • Other
        • Xylene
        • Toluene
          • Solvents
          • TDI
          • Others
        • Methanol
          • Formaldehyde
          • Gasoline
          • Acetic acid
          • MTBE
          • Dimethyl ether
          • MTO/MTP
          • Other
      • U.S.
        • U.S. Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • Canada
        • Canada Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
    • Europe
      • Europe Petrochemicals Market, By Product
        • Ethylene
          • Polyethylene
          • Ethylene oxide
          • EDC
          • Ethylbenzene
          • Others
        • Propylene
          • Polypropylene
          • Propylene oxide
          • Acrylonitrile
          • Cumene
          • Acrylic acid
          • Isopropanol
          • Other
        • Butadiene
          • SB Rubber
          • Butadiene rubber
          • ABS
          • SB latex
          • Others
        •  Benzene
          • Ethyl benzene
          • Phenol/cumene
          • Cyclohexane
          • Nitrobenzene
          • Alkyl benzene
          • Other
        • Xylene
        • Toluene
          • Solvents
          • TDI
          • Others
        • Methanol
          • Formaldehyde
          • Gasoline
          • Acetic acid
          • MTBE
          • Dimethyl ether
          • MTO/MTP
          • Other
      • Germany 
        • Germany Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • U.K.
        • U.K. Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • France
        • France Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • Belgium 
        • Belgium Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • Netherlands
        • Netherlands Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
    • Asia Pacific
      • Asia Pacific Petrochemicals Market, By Product
        • Ethylene
          • Polyethylene
          • Ethylene oxide
          • EDC
          • Ethylbenzene
          • Others
        • Propylene
          • Polypropylene
          • Propylene oxide
          • Acrylonitrile
          • Cumene
          • Acrylic acid
          • Isopropanol
          • Other
        • Butadiene
          • SB Rubber
          • Butadiene rubber
          • ABS
          • SB latex
          • Others
        •  Benzene
          • Ethyl benzene
          • Phenol/cumene
          • Cyclohexane
          • Nitrobenzene
          • Alkyl benzene
          • Other
        • Xylene
        • Toluene
          • Solvents
          • TDI
          • Others
        • Methanol
          • Formaldehyde
          • Gasoline
          • Acetic acid
          • MTBE
          • Dimethyl ether
          • MTO/MTP
          • Other
      • China
        • China Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • India
        • India Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • Japan
        • Japan Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • South Korea
        • South Korea Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
      • Indonesia
        • Indonesia Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
    • Latin America
      • Latin America Petrochemicals Market, By Product
        • Ethylene
          • Polyethylene
          • Ethylene oxide
          • EDC
          • Ethylbenzene
          • Others
        • Propylene
          • Polypropylene
          • Propylene oxide
          • Acrylonitrile
          • Cumene
          • Acrylic acid
          • Isopropanol
          • Other
        • Butadiene
          • SB Rubber
          • Butadiene rubber
          • ABS
          • SB latex
          • Others
        •  Benzene
          • Ethyl benzene
          • Phenol/cumene
          • Cyclohexane
          • Nitrobenzene
          • Alkyl benzene
          • Other
        • Xylene
        • Toluene
          • Solvents
          • TDI
          • Others
        • Methanol
          • Formaldehyde
          • Gasoline
          • Acetic acid
          • MTBE
          • Dimethyl ether
          • MTO/MTP
          • Other
      • Brazil
        • Brazil Petrochemicals Market, By Product
          • Ethylene
            • Polyethylene
            • Ethylene oxide
            • EDC
            • Ethylbenzene
            • Others
          • Propylene
            • Polypropylene
            • Propylene oxide
            • Acrylonitrile
            • Cumene
            • Acrylic acid
            • Isopropanol
            • Other
          • Butadiene
            • SB Rubber
            • Butadiene rubber
            • ABS
            • SB latex
            • Others
          •  Benzene
            • Ethyl benzene
            • Phenol/cumene
            • Cyclohexane
            • Nitrobenzene
            • Alkyl benzene
            • Other
          • Xylene
          • Toluene
            • Solvents
            • TDI
            • Others
          • Methanol
            • Formaldehyde
            • Gasoline
            • Acetic acid
            • MTBE
            • Dimethyl ether
            • MTO/MTP
            • Other
    • Middle East
      • Middle East Petrochemicals Market, By Product
        • Ethylene
          • Polyethylene
          • Ethylene oxide
          • EDC
          • Ethylbenzene
          • Others
        • Propylene
          • Polypropylene
          • Propylene oxide
          • Acrylonitrile
          • Cumene
          • Acrylic acid
          • Isopropanol
          • Other
        • Butadiene
          • SB Rubber
          • Butadiene rubber
          • ABS
          • SB latex
          • Others
        •  Benzene
          • Ethyl benzene
          • Phenol/cumene
          • Cyclohexane
          • Nitrobenzene
          • Alkyl benzene
          • Other
        • Xylene
        • Toluene
          • Solvents
          • TDI
          • Others
        • Methanol
          • Formaldehyde
          • Gasoline
          • Acetic acid
          • MTBE
          • Dimethyl ether
          • MTO/MTP
          • Other
    • Africa
      • Africa Petrochemicals Market, By Product
        • Ethylene
          • Polyethylene
          • Ethylene oxide
          • EDC
          • Ethylbenzene
          • Others
        • Propylene
          • Polypropylene
          • Propylene oxide
          • Acrylonitrile
          • Cumene
          • Acrylic acid
          • Isopropanol
          • Other
        • Butadiene
          • SB Rubber
          • Butadiene rubber
          • ABS
          • SB latex
          • Others
        •  Benzene
          • Ethyl benzene
          • Phenol/cumene
          • Cyclohexane
          • Nitrobenzene
          • Alkyl benzene
          • Other
        • Xylene
        • Toluene
          • Solvents
          • TDI
          • Others
        • Methanol
          • Formaldehyde
          • Gasoline
          • Acetic acid
          • MTBE
          • Dimethyl ether
          • MTO/MTP
          • Other

Petrochemicals Market Dynamics

Driver: End-Use Industries Growth In Asia Pacific

A shift of end-use industries, such as chemicals, automobiles, packaging, and textile, toward Asia Pacific countries, including China, India, Thailand, and Indonesia, owing to the presence of favorable government regulations and low labor cost is expected to drive the demand for petrochemical products. Increasing spending on construction activities in the Asia Pacific region for developing residential and commercial buildings is expected to drive the demand for petrochemicals. The construction materials require petrochemical derived products such as polyethylene, polyurethane, styrene, and methanol. Increasing demand for plastics for packaging applications is expected to drive the demand for petrochemical products over the forecast period. The robust growth of the Asia Pacific plastic packaging industry is expected to have a positive impact on the petrochemicals market in the region.

Driver: Abundant Raw Material Availability In Middle East

Middle Eastern countries such as Saudi Arabia, Iran, and the UAE are the largest exporters of crude oil and are members of the Organization of Petroleum Exporting Countries (OPEC). OPEC members produce around 40% of the world’s crude oil. The Middle East accounts for the largest share of proved oil reserves of any region across the globe. New capacity additions in Middle Eastern countries such as Saudi Arabia and the UAE are expected to drive the demand for petrochemicals owing to the growing end-use industries. Asia Pacific is the world’s top oil-importing region and sources majority of its crude supplies from the Middle East owing to proximity and relatively subsidized prices. Rapid urbanization, population growth, and positive developments in the Middle Eastern region’s economic conditions across numerous countries such as the UAE, Qatar, and Bahrain are further expected to boost the demand for petrochemical products in a rapidly developing construction market.

Restraint: Growing Environmental Concerns

The release of toxic gases on the burning of fossil fuels is expected to cause major hindrances to the manufacturers of petrochemicals over the forecast period. This is expected to increase the concentration of greenhouse gases (GNG) into the atmosphere and increase carbon footprints. Many countries are striving hard to reduce their carbon emissions by replacing the products derived from petrochemicals with other sustainable alternatives and banning the use of petrochemical products such as plastic bags. Developed countries such as the U.S., Canada, Germany, and the UK have reduced carbon dioxide gas emissions over the past few years owing to stringent government regulations. This is likely to act as a restraining factor for the growth of the market.

What Does This Report Include?

This section will provide insights into the contents included in this petrochemicals market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Petrochemicals market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Petrochemicals market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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