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)
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GVR Report cover 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)

Petrochemicals Market Size & Trends

The global petrochemicals market size was valued at USD 619.28 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. The demand for the product is attributed to an increase in the demand for downstream products from various end-use industries such as construction, pharmaceuticals, and automotive, which is a major factor driving the growth. Petrochemical is a vital component for many industrial processes and hence forms the backbone of an industrial economy. Some of the products derived from petrochemicals include tires, industrial oil, detergents, plastics, etc. Basic plastic derived from the product act as a building block in the manufacturing of consumer goods.

U.S. Petrochemicals market size and growth rate, 2024 - 2030

End-use industries evaluate the quality of products supplied from time to time and establish procurement agreements with suppliers to purchase petrochemical derivatives in bulk and ensure their stable and seasonal supply. An increasing number of product suppliers in petrochemicals market in U.S. has resulted in the high bargaining power of the buyers.

The industry is significantly affected by the prices of crude oil as it is a basic raw material used for the manufacturing of the product. The volatility in the prices and supply of crude oil has affected the production cost of petrochemicals, which, in turn, makes their production process costly. Factors such as the growing inclination of consumers in developed and developing regions toward environment-friendly products and the volatile prices of raw materials of petrochemicals are likely to hamper the market growth in the coming years.

The steam cracking process is one of the most commonly used processes for manufacturing petrochemicals from natural gas or crude oil. In this process, ethane, a derivative of natural gas or naphtha that is predominantly derived from crude oil, is used for the manufacturing of olefins. A steam cracker has equipment operating at pressure from near-vacuum to 100 atm and operating at temperatures from 100 K to 1400 K.

Moreover, the demand for petrochemicals and their derivatives for use in various applications such as tires, pharmaceuticals, high-tech materials, and paints across the U.S. is led by unprecedented success in the exploration and production of shale gas. The country is a major exporter of petrochemical products to Europe, as well as to countries such as China and India. There has been a significant resurgence in investments and petrochemical capacity expansions in the U.S. since 2014 owing to the reduction in feedstock prices and high demand for petrochemicals in aforementioned applications in the country.

Market Concentration & Characteristics

Market growth stage is moderate, and pace of the market growth is accelerating. The market exhibits varying degree of concentration, with market domination by a few leading players, and others having more fragmented landscape. It is influenced by factors such as technological barriers, access to raw materials, and economies of scale. In highly concentrated markets, a few large companies may control a significant share, impacting pricing dynamics and competition.

Petrochemicals Market Concentration & Characteristics

Market players resort to mergers & acquisition activities driven by pursuit of synergies, cost efficiencies, and market expansion. Leading companies may acquire small& medium sized players sto gain access to new technologies or regional markets. However, regulatory scrutiny is crucial to prevent antitrust concerns and maintain a competitive environment.

Regulations play a significant role in shaping the petrochemicals industry outlook. Stringent regulations may pose challenges for some companies, but they also create opportunities for those investing in sustainable alternatives. Globally coordinated regulations can impact trade dynamics and encourage a shift toward more environmentally responsible practices. Therefore, companies invest in R&D to create more efficient and environmentally friendly processes and gain a competitive edge by contributing to evolution of the industry.

Petrochemicals market outlook faces challenges from substitutes, including bio-based materials, recycled plastics, and alternative manufacturing processes. Consumer preferences for eco-friendly products and regulatory push towards sustainability drive the demand for such substitutes. End-user concentration varies across diverse segments of the market, for some there are diverse end-users while others are tailored for specific industries. Market players need to remain agile and responsive to market dynamics as concentration within end-user industries can impact demand patterns and pricing negotiations.

Product Insights

Ethylene dominated the market with revenue share of more than 40.0% in 2023. This is attributed to the increasing demand for ethylene from various industries such as construction, packaging, and transportation. Ongoing industrialization and flourishing automotive and packaging sectors in emerging economies such as India, Brazil, Vietnam, and Thailand are expected to fuel the consumption of ethylene in the countries over the forecast period. Surged use of polyethylene, High-density Polyethylene (HDPE), and Low-density Polyethylene (LDPE) is expected to foster the overall growth of the market for petrochemicals.

The methanol segment is predicted to witness the highest CAGR of 8.9% over the forecasted period. Methanol is used as a feedstock for producing acetic acid and formaldehyde, which are used in foams, adhesives, foams, solvents, plywood subfloors, and windshield washer fluids. The demand for methanol is predicted to witness growth on account of its high demand in several end-use industries such as construction, paints and adhesives, pharmaceuticals, plastics, and automotive.

Butadiene was the second-largest product segment in 2023 and accounted for more than 14.0% of the revenue share. It is majorly utilized as a chemical intermediate and a monomer during the production of polymers such as styrene-butadiene rubber (SBR), Polybutadiene Rubber (PBR), Polychloroprene (PBR), and Nitrile Rubber (NR). Butadiene derivatives have witnessed a significant increase in demand specifically in China, India, and other Asian countries owing to the flourishing end-use industries such as automobile, consumer goods, construction, and others.

Regional Insights

Asia Pacific region dominated the petrochemicals market size with a share of more than 51.0% in 2023. This is attributed to the flourishing chemicals industry and the increase in polymer consumption. Companies in the region are shifting toward natural gas liquids and other non-oil feedstock to cater to the rising demand for the product, along with strategizing cost-effective methods to increase sales of the products.

India Petrochemicals market: The petrochemicals market in India is witnessing robust growth, driven by the country's expanding industrial and manufacturing sectors and substantial investments in capacity expansions and technology upgrades by leading players.

Global Petrochemicals market share and size, 2023

The growing shale gas exploration activities in the U.S. and Canada are expected to fuel the growth of the North America petrochemicals industry. The rising shale gas production in these countries provides an opportunity for replacing conventional feedstock with shale gas for producing various petrochemicals. Major capacity addition in U.S. and Canada are expected to lead the growth over the forecast period.

Europe is anticipated to witness a CAGR of 6.8% over the forecasted period. This is attributed due to the ongoing recovery of the overall manufacturing sector from the global pandemic in Europe coupled with the addition to oil & gas capacity in the region is anticipated to drive the industry’s growth. Western Europe is anticipated to witness stagnant growth owing to market saturation. Increasing ethylene production in key countries, such as Germany, France, and the U.K., of the region, has led to a surged demand for petrochemicals from manufacturers to produce various industrial chemicals.

Petrochemicals Market Trends, by Region, 2024 - 2030

UAE Petrochemicals Market: Petrochemicals market in UAE contributes significantly to Middle East and global supply. Its focuses on diversifying its economy, and petrochemical sector plays a crucial role in achieving this goal. Its strategic location and significant hydrocarbon resources makes it a major petrochemical hub.

Key Petrochemicals Market Company Insights

Some of the key players operating in the market include SABIC, ExxonMobil Corporation, and BASF SE.

  • SABIC, a global leader in petrochemicals, emphasizes on diversified product portfolio ranging from basic chemicals to specialty products. It focuses on innovation, sustainability, and operational excellence. SABIC often invests in R&D to enhance product quality, efficiency, and explore eco-friendly alternatives.

  • ExxonMobil is a leading player in petrochemical industry, with a focus on integrated downstream operations. Its strategy involves technological innovation, cost leadership, and commitment to sustainability. ExxonMobil continuously invests in advanced technologies to improve efficiency and reduce environmental impact.

Mitsubishi Chemical Holdings Corporation and Formosa Petrochemical Corporation are some of the emerging market participants in petrochemicals market.

  • Mitsubishi Chemical Holdings Corporation is an emerging player in the global petrochemicals market, emphasizing on innovation and sustainability. The company invests in R&D to create value-added products and reduce environmental impact. It also explores strategic collaborations to enhance its market position in a competitive market.

  • Formosa Petrochemical Corporation, an emerging player with a strong presence in Asia, focuses on expanding its petrochemical operations. Its strategy involves capacity expansions, technology upgrades, and a commitment to environmental responsibility. Further, it aims to meet increasing demand for petrochemical products in the region.

Key Petrochemicals Companies:

The following are the leading companies in the petrochemicals market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these petrochemicals companies are analyzed to map the supply network.

  • BASF SE
  • Chevron Corporation
  • China National Petroleum Corporation (CNPC)
  • China Petrochemical Corporation
  • ExxonMobil Corporation
  • INEOS Group Ltd.
  • LyondellBasell Industries Holdings B.V.
  • Royal Dutch Shell PLC
  • SABIC
  • Dow

Recent Developments

  • In November 2023, Dow announced invest of USD 8.9 billion for a net-zero petrochemical plant project in Alberta's Industrial Heartland, Canada. It is projected to produce around 3 million tons of low-emission ethylene and polyethylene derivatives. The construction of the project is set to start construction in 2024.

  • In July 2023, SABIC introduced its latest PCR-based NORYLTM portfolio to reduce carbon footprint by incorporating bio-based and recycled materials in petrochemical products, a step for making the chemical sector environment friendly

  • In July 2023, ExxonMobil Corporation declared its agreement to acquire Denbury Inc. to expand its carbon capture and storage (CCS) solutions, and reduce carbon emissions for the petrochemical and energy industries.

  • In May 2023, Dow Corporate collaborated with New Energy Blue to produce bio-based ethylene from renewable residues of agriculture. Ethylene is a petrochemical-based raw material, and with its production Dow aims to initiate a sustainable approach to produce plastic.

  • In April 2023, INEOS Group Ltd. completed the acquisition of Mitsui Phenols Singapore Ltd. to enhance the production of petrochemical products including acetone, cumene, bisphenol A (BPA), phenol, and alpha-methylstyrene.

  • In March 2023, Chevron USA Inc. announced its collaboration with Bunge and Corteva Inc. to launch winter canola hybrids to produce plant-based oil with low carbon profile. This is an effective contribution to reduce carbon emissions in the energy and petrochemical sectors.

  • In February 2023, Royal Dutch Shell PLC completed its acquisition of Nature Energy Biogas A/S to create a RNG value chain to provide low carbon offerings to customers. The use of biogas will help Shell to produce renewable natural gas for the petrochemical manufacturing process

  • In February 2023, China Petrochemical Corporation, also known as Sinopec, launched the largest green hydrogen-coal chemical project in Inner Mongolia to reduce carbon emissions in the petrochemical industry, and support green energy

  • In November 2022, SABIC announced a joint project with Saudi Aramco to convert crude into petrochemicals in Ras Al-Khair, Saudi Arabia. The project is set to have a production capacity of producing 400,000 barrels of crude oil per day. The government initiative is being supported by development of a new port in the industrial city. This would help in efficient export of petrochemicals and help boost the economy as it is a leading petrochemicals producing country.

Petrochemicals Market Report Scope 

Report Attribute

Details

Market size value in 2024

USD 657.25 billion

Revenue forecast in 2030

USD 1002.45 billion

Growth Rate

CAGR of 7.3% from 2024 to 2030

Historical data

2018 - 2022

Forecast period

2024 - 2030

Quantitative units

Revenue in USD Billion, Volume in Million Tons and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, and Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East, Africa

Country scope

U.S., Canada, Germany, UK, Belgium, Netherlands, France, China, India, Japan, South Korea, Indonesia, Brazil, Argentina

Key companies profiled

BASF SE, Chevron Corporation, China National Petroleum Corporation (CNPC), China Petrochemical Corporation, ExxonMobil Corporation, INEOS Group Ltd., LyondellBasell Industries Holdings B.V., Royal Dutch Shell PLC, SABIC, Dow

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Global Petrochemicals Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global petrochemical market report on the basis of Product, and region:

Global Petrochemicals Market Report Segmentation

  • Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 - 2030)

    • Ethylene

      • Polyethylene

      • Ethylene oxide

      • EDC

      • Ethyl benzene

      • 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

  • Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • UK

      • France

      • Belgium

      • Netherlands

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Indonesia

    • Latin America

      • Brazil

    • Middle East

    • Africa

Frequently Asked Questions About This Report

Table of Content

Chapter 1 Petrochemicals Market: Methodology And Scope
                   1.1 Market Segmentation & Scope
                   1.2 Market Definition
                   1.3 Information Procurement
                       1.3.1 Purchased Database
                       1.3.2 Gvr’s Internal Database
                   1.4 Information Analysis
                   1.5 Market Formulation & Data Visualization
                   1.6 Data Validation & Publishing
                       1.6.1 Research Scope And Assumptions
                       1.6.2 List Of Data Sources
Chapter 2 Petrochemicals Market: Executive Summary
                   2.1 Market Snapshot
                   2.2 Segment Snapshot
                   2.3 Competitive Landscape Snapshot
Chapter 3 Petrochemicals Market: Variables, Trends & Scope
                   3.1 Market Lineage Outlook
                       3.1.1 Global Petroleum Market Outlook
                       3.1.2 Global End-Use Market Outlook
                   3.2 Value Chain Analysis
                       3.2.1 Raw Material Outlook
                           3.2.1.1 Major Raw Material Analysis
                           3.2.1.2 Procurement Best Practices
                       3.2.2 Manufacturing Trends
                           3.2.2.1 Technology Trends
                           3.2.2.2 Outsourcing And Contract Manufacturing Trends
                           3.2.2.3 Cost-Structure Analysis
                       3.2.3 Sales Channel Analysis
                       3.2.4 Profit Margin Analysis
                   3.3 Price Trend Analysis
                   3.4 Regulatory Framework
                   3.5 Supply & Demand Trends
                   3.6 Market Dynamics
                       3.6.1 Market Driver Impact Analysis
                           3.7.1.1 End-Use Industries Growth In Asia Pacific
                           3.7.1.2 Favorable Regulatory Policies In Asia Pacific
                           3.7.1.3 Abundant Raw Material Availability In Middle East
                       3.6.2 Market Restraint Impact Analysis
                           3.7.2.1 Growing Environmental Concerns
                   3.7 Industry Challenges
                       3.7.1 Volatility In The Raw Material Prices
                   3.8 Business Environment Analysis
                       3.8.1 Porter’s Analysis
                       3.8.2 Pestel Analysis
Chapter 4 Petrochemicals Market: Product Estimates & Trend Analysis
                   4.1 Product Movement Analysis & Market Share, 2023 & 2030 (Million Tons) (USD Billion)
                   4.2 Global Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                       4.2.1 Ethylene
                           4.2.1.1 Global Ethylene Market Estimates And Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
                       4.2.2 Propylene
                           4.2.2.1 Global Propylene Market Estimates And Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
                       4.2.3 Butadiene
                           4.2.3.1 Global Butadiene Market Estimates And Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
                       4.2.4 Benzene
                           4.2.4.1 Global Benzene Market Estimates And Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
                       4.2.5 Xylene
                           4.2.5.1 Global Xylene Market Estimates And Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
                       4.2.6 Toluene
                           4.2.6.1 Global Toluene Market Estimates And Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
                       4.2.7 Methanol
                           4.2.7.1 Global Methanol Market Estimates And Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
Chapter 5 Petrochemicals Market: Regional Estimates & Trend Analysis
                   5.1 Regional Movement Analysis & Market Share, 2023 & 2030 (Million Tons) (USD Billion)
                   5.2 Global Petrochemicals Market Estimates And Forecasts, By Region, 2018 - 2030 (Million Tons) (USD Billion)
                       5.2.1 North America
                           5.2.1.1 North America Petrochemicals Market Estimates And Forecasts, By Product, 2018-2030 (Million Tons) (USD Billion)
                           5.2.1.2 North America Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.1.3 U.S.
                               5.2.1.3.1 U.S. Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                               5.2.1.3.2 U.S. Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.3.4 U.S. Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.3.5 U.S. Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.3.6 U.S. Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.3.7 U.S. Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.3.8 U.S. Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.1.4 Canada
                               5.2.1.4.1 Canada Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                               5.2.1.4.1 Canada Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.4.1 Canada Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.4.1 Canada Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.4.1 Canada Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.4.1 Canada Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.1.4.1 Canada Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                       5.2.2 Europe
                           5.2.2.1 Europe Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                           5.2.2.2 Europe Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.3 Europe Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.4 Europe Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.5 Europe Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.6 Europe Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.7 Europe Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.9 Germany
                               5.2.2.9.1 Germany Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                               5.2.2.9.2 Germany Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.9.2 Germany Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.9.2 Germany Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.9.2 Germany Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.9.2 Germany Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.9.2 Germany Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.10 Uk
                               5.2.2.10.1 Uk Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                               5.2.2.10.1 Uk Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.10.1 Uk Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.10.1 Uk Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.10.1 Uk Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.10.1 Uk Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.10.1 Uk Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.11 Belgium
                               5.2.2.11.1 Belgium Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                               5.2.2.11.2 Belgium Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.11.3 Belgium Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.11.4 Belgium Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.11.5 Belgium Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.11.6 Belgium Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.11.7 Belgium Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.12 Netherlands
                               5.2.2.12.1 Netherlands Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                               5.2.2.12.2 Netherlands Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.12.3 Netherlands Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.12.4 Netherlands Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.12.5 Netherlands Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.12.6 Netherlands Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.12.7 Netherlands Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.2.13 France
                               5.2.2.13.1 France Petrochemicals Market Estimates And Forecasts, By Product, 2018-2018 (Million Tons) (USD Billion)
                               5.2.2.13.1 France Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.13.1 France Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.13.1 France Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.13.1 France Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.13.1 France Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.2.13.1 France Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                       5.2.3 Asia Pacific
                           5.2.3.1 Asia Pacific Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.2 Asia Pacific Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.3 Asia Pacific Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.4 Asia Pacific Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.5 Asia Pacific Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.6 Asia Pacific Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.7 Asia Pacific Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.9 China
                               5.2.3.9.1 China Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.9.2 China Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.9.3 China Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.9.4 China Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.9.5 China Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.9.6 China Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.9.7 China Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.10 India
                               5.2.3.10.1 India Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.10.2 India Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.10.3 India Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.10.4 India Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.10.5 India Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.10.6 India Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.10.7 India Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.11 Japan
                               5.2.3.11.1 Japan Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.11.2 Japan Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.11.3 Japan Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.11.4 Japan Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.11.5 Japan Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.11.6 Japan Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.11.7 Japan Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.12 South Korea
                               5.2.3.12.1 South Korea Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.12.2 South Korea Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.12.3 South Korea Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.12.4 South Korea Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.12.5 South Korea Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.12.6 South Korea Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.12.7 South Korea Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.3.13 Indonesia
                               5.2.3.13.1 Indonesia Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.13.2 Indonesia Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.13.3 Indonesia Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.13.4 Indonesia Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.13.5 Indonesia Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.13.6 Indonesia Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.3.13.7 Indonesia Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                       5.2.4 Latin America
                           5.2.4.1 Latin America Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.4.2 Latin America Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.4.3 Latin America Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.4.4 Latin America Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.4.5 Latin America Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.4.6 Latin America Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.4.7 Latin America Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.4.9 Brazil
                               5.2.4.9.1 Brazil Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.4.9.2 Brazil Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.4.9.3 Brazil Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.4.9.4 Brazil Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.4.9.5 Brazil Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.4.9.6 Brazil Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                               5.2.4.9.7 Brazil Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                       5.2.5 Middle East
                           5.2.5.1 Middle East Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.5.2 Middle East Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.5.3 Middle East Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.5.4 Middle East Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.5.5 Middle East Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.5.6 Middle East Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.5.7 Middle East Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                       5.2.6 Africa
                           5.2.6.1 Africa Petrochemicals Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.6.2 Africa Ethylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.6.3 Africa Propylene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.6.4 Africa Butadiene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.6.5 Africa Benzene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.6.6 Africa Toluene Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
                           5.2.6.7 Africa Methanol Market Estimates And Forecasts, By Application, 2018 - 2030 (Million Tons) (USD Billion)
Chapter 6 Petrochemicals Market: Competitive Analysis
                   6.1 Recent Developments & Impact Analysis, By Key Market Participants
                   6.2 Company Categorization
                   6.3 Company Market Share Analysis, 2023
                   6.4 Company Heat Map Analysis
                   6.5 Strategy Mapping
                   6.6 Company Listing
                       6.6.1 BASF SE
                           6.6.1 1 Company Overview
                           6.6.1 2 Financial Performance
                           6.6.1 3 Industries And Services Catered
                           6.6.1 4 Product Benchmarking
                           6.6.1 5 Strategic Initiatives
                       6.6.2 Chevron Corporation
                           6.6.2.1 Company Overview
                           6.6.2 2 Financial Performance
                           6.6.2.3 Industries And Services Catered
                           6.6.2.4 Product Benchmarking
                           6.6.2.5 Strategic Initiatives
                       6.6.3 China National Petroleum Corporation (CNPC)
                           6.6.3.1 Company Overview
                           6.6.3.2 Financial Performance
                           6.6.3.3 Industries And Services Catered
                           6.6.3.4 Product Benchmarking
                           6.6.3.5 Strategic Initiatives
                       6.6.4 China Petrochemical Corporation (Sinopec)
                           6.6.4.1 Company Overview
                           6.6.4.2 Financial Performance
                           6.6.4.3 Industries And Services Catered
                           6.6.4.4 Product Benchmarking
                           6.6.4.5 Strategic Initiatives
                       6.6.5 Exxonmobil Corporation
                           6.6.5.1 Company Overview
                           6.6.5.2 Financial Performance
                           6.6.5.3 Industries And Services Catered
                           6.6.5.4 Product Benchmarking
                           6.6.5.5 Strategic Initiatives
                       6.6.6 Ineos Group Ltd.
                           6.6.6.1 Company Overview
                           6.6.6.2 Financial Performance
                           6.6.6.3 Industries And Services Catered
                           6.6.6.4 Product Benchmarking
                           6.6.6.5 Strategic Initiatives
                       6.6.7 Lyondellbasell Industries Holdings B.V.
                           6.6.7.1 Company Overview
                           6.6.7.2 Financial Performance
                           6.6.7.3 Industries And Services Catered
                           6.6.7.4 Product Benchmarking
                           6.6.7.5 Strategic Initiatives
                       6.6.8 Royal Dutch Shell Plc
                           6.6.8.1 Company Overview
                           6.6.8.2 Financial Performance
                           6.6.8.3 Industries And Services Catered
                           6.6.8.4 Product Benchmarking
                           6.6.8.5 Strategic Initiatives
                       6.6.9 Sabic
                           6.6.9.1 Company Overview
                           6.6.9.2 Financial Performance
                           6.6.9.3 Industries And Services Catered
                           6.6.9.4 Product Benchmarking
                           6.6.9.5 Strategic Initiatives
                       6.6.10 DOW
                           6.6.10.1 Company Overview
                           6.6.10.2 Financial Performance
                           6.6.10.3 Industries And Services Catered
                           6.6.10.4 Product Benchmarking


List of Tables

Table 1 Crude Oil Production In 2023, By Region
Table 2 Natural Gas Production In 2023, By Region
Table 3 Petrochemical Derivatives & Respective Manufacturing Processes
Table 4 Petrochemicals Production Cost Analysis
Table 5 Profit Margin 2016 - 2023 (%)
Table 6 Global Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 7 Global Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 8 Global Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 9 Global Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 10 Global Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 11 Global Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 12 Global Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 13 Global Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 14 Global Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 15 Global Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 16 Global Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
Table 17 Global Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 18 Global Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 19 Global Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 20 Global Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 21 Global Petrochemicals Market Estimates and Forecasts, by Region, 2018 - 2030 (Million Tons)
Table 22 Global Petrochemicals Market Estimates and Forecasts, by Region, 2018 - 2030 (USD Billion)
Table 23 North America Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 24 North America Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 25 North America Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 26 North America Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 27 North America Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 28 North America Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 29 North America Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 30 North America Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 31 North America Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 32 North America Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 33 North America Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 34 North America Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 35 North America Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 36 North America Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 37 U.S. Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 38 U.S. Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 39 U.S. Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 40 U.S. Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 41 U.S. Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 42 U.S. Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 43 U.S. Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 44 U.S. Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 45 U.S. Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 46 U.S. Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 47 U.S. Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 48 U.S. Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 49 U.S. Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 50 U.S. Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 51 Canada Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 52 Canada Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 53 Canada Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 54 Canada Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 55 Canada Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 56 Canada Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 57 Canada Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 58 Canada Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 59 Canada Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 60 Canada Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 61 Canada Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 62 Canada Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 63 Canada Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 64 Canada Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 65 Europe Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 66 Europe Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 67 Europe Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 68 Europe Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 69 Europe Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 70 Europe Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 71 Europe Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 72 Europe Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 73 Europe Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 74 Europe Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 75 Europe Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 76 Europe Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 77 Europe Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 78 Europe Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 79 Germany Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 80 Germany Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 81 Germany Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 82 Germany Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 83 Germany Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 84 Germany Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 85 Germany Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 86 Germany Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 87 Germany Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 88 Germany Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 89 Germany Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 90 Germany Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 91 Germany Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 92 Germany Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 95 UK Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 96 UK Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 97 UK Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 98 UK Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 99 UK Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 100 UK Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 101 UK Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 102 UK Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 103 UK Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 104 UK Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 105 UK Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 106 UK Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 107 UK Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 108 UK Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 109 Belgium Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 110 Belgium Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 111 Belgium Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 112 Belgium Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 113 Belgium Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 114 Belgium Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 115 Belgium Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 116 Belgium Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 117 Belgium Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 118 Belgium Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 119 Belgium Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 120 Belgium Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 121 Belgium Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 122 Belgium Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 123 Netherlands Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 124 Netherlands Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 125 Netherlands Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 126 Netherlands Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 127 Netherlands Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 128 Netherlands Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 129 Netherlands Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 130 Netherlands Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 131 Netherlands Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 132 Netherlands Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 133 Netherlands Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 134 Netherlands Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 135 Netherlands Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 136 Netherlands Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 137 France Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 138 France Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 139 France Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 140 France Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 141 France Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 142 France Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 143 France Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 144 France Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 145 France Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 146 France Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 147 France Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 148 France Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 149 France Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 150 France Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 151 Asia Pacific Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 152 Asia Pacific Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 153 Asia Pacific Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 154 Asia Pacific Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 155 Asia Pacific Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 156 Asia Pacific Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 157 Asia Pacific Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 158 Asia Pacific Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 159 Asia Pacific Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 160 Asia Pacific Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 161 Asia Pacific Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 162 Asia Pacific Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 163 Asia Pacific Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 164 Asia Pacific Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 165 China Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 166 China Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 167 China Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 168 China Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 169 China Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 170 China Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 171 China Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 172 China Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 173 China Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 174 China Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 175 China Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 176 China Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 177 China Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 178 China Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 179 India Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 180 India Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 181 India Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 182 India Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 183 India Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 184 India Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 185 India Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 186 India Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 187 India Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 188 India Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 189 India Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 190 India Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 191 India Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 192 India Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 193 Japan Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 194 Japan Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 195 Japan Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 196 Japan Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 197 Japan Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 198 Japan Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 199 Japan Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 200 Japan Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 201 Japan Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 202 Japan Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 203 Japan Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 204 Japan Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 205 Japan Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 206 Japan Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 207 South Korea Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 208 South Korea Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 209 South Korea Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 210 South Korea Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 211 South Korea Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 212 South Korea Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 213 South Korea Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 214 South Korea Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 215 South Korea Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 216 South Korea Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 217 South Korea Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 218 South Korea Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 219 South Korea Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 220 South Korea Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 221 Indonesia Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 222 Indonesia Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 223 Indonesia Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 224 Indonesia Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 225 Indonesia Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 226 Indonesia Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 227 Indonesia Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 228 Indonesia Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 229 Indonesia Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 230 Indonesia Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 231 Indonesia Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 232 Indonesia Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 233 Indonesia Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 234 Indonesia Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 235 Latin America Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 236 Latin America Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 237 Latin America Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 238 Latin America Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 239 Latin America Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 240 Latin America Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 241 Latin America Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 242 Latin America Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 243 Latin America Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 244 Latin America Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 245 Latin America Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 246 Latin America Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 247 Latin America Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 248 Latin America Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 249 Brazil Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 250 Brazil Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 251 Brazil Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 252 Brazil Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 253 Brazil Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 254 Brazil Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 255 Brazil Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 256 Brazil Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 257 Brazil Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 258 Brazil Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 259 Brazil Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 260 Brazil Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 261 Brazil Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 262 Brazil Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 263 Middle East Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 264 Middle East Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 265 Middle East Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 366 Middle East Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 367 Middle East Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 368 Middle East Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 369 Middle East Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 370 Middle East Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 371 Middle East Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 372 Middle East Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 373 Middle East Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 374 Middle East Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 377 Middle East Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 378 Middle East Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 379 Africa Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (Million Tons)
Table 380 Africa Petrochemicals Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
Table 381 Africa Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 382 Africa Ethylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 383 Africa Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 384 Africa Propylene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 385 Africa Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 386 Africa Butadiene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 387 Africa Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 388 Africa Benzene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 389 Africa Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 390 Africa Toluene Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 391 Africa Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (Million Tons)
Table 392 Africa Methanol Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Table 393 Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
Table 394 List of Key Distributors and Channel Partners
Table 395 List of Key Customers
Table 396 Supplier Landscape Analysis


List of Figures

Fig. 1 Information Procurement
Fig. 2 Data Analysis Models
Fig. 3 Market Formulation And Validation
Fig. 4 Data Validating & Publishing
Fig. 5 Petrochemicals Market Outlook
Fig. 6 Petrochemicals Market Segmentation
Fig. 7 Petrochemicals Market Volume And Revenue, 2018 - 2030 (Million Tons) (USD Billion)
Fig. 8 Petrochemicals Market - Value Chain Analysis
Fig. 9 Petrochemicals - Market Dynamics
Fig. 10 Petrochemicals - Market Drivers
Fig. 11 Market Restraint Impact Analysis
Fig. 12 Average Crude Oil Prices, 2015 - 2023 (USD/Barrel)
Fig. 13 Average Natural Gas Prices, 2015 - 2023 (USD/MMBtu)
Fig. 14 Global Petrochemicals Market: Porter Analysis
Fig. 15 Global Petrochemicals Market: Macro-Economic Analysis
Fig. 16 Petrochemicals Market Volume, By Product, 2023 & 2030 (Million Tons)

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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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Research Methodology

A three-pronged approach was followed for deducing the petrochemicals market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for petrochemicals market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of petrochemicals market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Petrochemicals Market Categorization:

The petrochemicals market was categorized into two segments, namely product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Methanol), and region (North America, Europe, Asia Pacific, Latin America, Middle East, Africa).

Segment Market Methodology:

The petrochemicals market was segmented into product, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The petrochemicals market was analyzed at a regional level. The global was divided into North America, Europe, Asia Pacific, Latin America, and Middle East, Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into fourteen countries, namely, the U.S.; Canada; Germany; the UK; Belgium; Netherlands; France; China; India; Japan; South Korea; Indonesia; Brazil; Argentina.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Petrochemicals market companies & financials:

The petrochemicals market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • BASF SE -  BASF SE is the largest chemical producer in the world. The company operates in several industries such as automotive & transportation, chemicals, construction, electronics & electric, pharmaceuticals, plastics & rubber, and others. It produces petrochemicals and intermediates through its chemical division. Various petrochemicals offered by the company include cracker products, industrial gases, alkylene oxides & glycols, alcohols & solvents, plasticizers, specialty monomers, acrylic monomers, and styrenics.

  • Chevron Corporation - Chevron Corporation is a multinational energy corporation. The company operates its chemical business through Chevron Phillips Chemical Company LLC, a joint venture with Phillips 66. It offers various petrochemicals including benzene, styrene, cyclohexane, olefins, polyalphaolefins, polyethylene, and alphaplus normal alpha olefins.

  • China National Petroleum Corporation (CNPC) - China National Petroleum Corporation is an integrated energy company that produces and supplies oil & gas across the globe. It offers various petrochemicals including ethylene, propylene, butadiene, butylene, benzene, xylene, toluene, ortho xylene, para-xylene, methanol, butanol, octanol, and others. The company specializes in hydrocarbon exploration and production operations in onshore and offshore areas.

  • China Petrochemical Corporation (SINOPEC) - China Petrochemical Corporation (SINOPEC) is a state-owned company in which the state holds nearly 76% controlling stake. It majorly produces petrochemical products (polypropylene) in its subsidiary named Sinopec Zhengyuan Petrochemical Corporation Ltd. Sinopec combines its petrochemical business with its refineries and distributes a majority of its petrochemical products within the country.

  • ExxonMobil Corporation - ExxonMobil Corporation is a U.S.-based, integrated energy company that produces and supplies oil & gas worldwide. It markets its products under brands including Exxon, Mobil, and Esso. The company’s product portfolio includes olefins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, and zeolite catalysts. It offers various petrochemicals including polyethylene, polymer modifiers, polypropylene, olefins, and others.

  • INEOS Group Ltd. - INEOS Group Ltd. is a British chemical manufacturing company. The company specializes in manufacturing petrochemicals, specialty chemicals, and oil products. Its olefins & polymer segment offers petrochemical products including ethylene, propylene, butadiene, benzene, and polyolefins. NEOS caters its products to various end-use industries such as coatings, wood finishing, paper, textile, tires, pharmaceuticals, and agrochemicals.

  • LyondellBasell Industries Holdings B.V. - LyondellBasell Industries Holdings B.V. is a manufacturer of chemicals, refining products, and plastic polymers. The company operates through various business segments such as chemicals, polymers, advanced polymers, fuels, and technology. Polymers segment is engaged in the production of polypropylene, polypropylene compounds, and polyethylene.

  • Royal Dutch Shell PLC - Royal Dutch Shell PLC is a Dutch multinational oil & gas company. It is commonly known as Shell. The company’s petrochemical product portfolio includes acetone, ethylene oxide, ethylene glycols, phenol, polyols, propylene glycols, and propylene oxides. It operates in more than 70 countries.

  • SABIC - SABIC is a public multinational chemical manufacturing company. It is a subsidiary of petroleum and natural gas company named Saudi Aramco. The Saudi Arabia government holds 70% of the SABIC shares. It offers petrochemical products such as benzene, toluene, propylene, ethylene, butadiene, and others. The company serves customers in key end markets including medical devices, construction, packaging, electrical and electronics, agri-nutrients, transportation, and clean energy.

  • DOW –Dow is a multinational chemical corporation that manufactures chemicals, plastics, and agricultural products. It offers various petrochemical products including ethylene, butadiene, xylene, vinyl, styrene, and others. The company caters to various markets such as automotive & transportation, electronics, healthcare, packaging, beauty & personal care, textiles, and others.

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

Petrochemicals Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2022, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Petrochemicals Market Report Assumptions:

  • The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

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