Global Petrochemicals Market Research Report 2023(Status and Outlook)
Report Overview
Petrochemicals (also known as petroleum distillates) are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn, palm fruit or sugar cane.
Currently, Asia-Pacific is the largest market for the petrochemicals having accounted for more than half of the global market size, by volume, in 2017. Among all the countries, China & India dominated the basic polymers market in 2017 in terms of volume, closely followed by Japan. High economic growth rate, rising demand for construction products made up of plastics, growing health awareness applications, improving standards of living and competitive manufacturing costs are the main factors leading to the growth of the market for petrochemicals in this region.
The Global Petrochemicals Market Size was estimated at USD 673830.00 million in 2022 and is projected to reach USD 923149.70 million by 2029, exhibiting a CAGR of 4.60% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Petrochemicals market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Petrochemicals Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Petrochemicals market in any manner.
Global Petrochemicals Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
LyondellBasell
BASF
Total
Royal Dutch Shell
Sinopec
DowDupont
Reliance Industries
Sabic
British Petroleum
Chevron Phillips
Formosa Plastics
China National Petroluem Corporation
Exxonmobil
Ineos
Market Segmentation (by Type)
Ethylene
Propylene
Benzene
Butadiene
Xylenes
Toluene
Market Segmentation (by Application)
Hospitals & Clinics
Fitness Clubs and Wellness Centers
Academic & Research Centers
Home Users
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Petrochemicals Market
Overview of the regional outlook of the Petrochemicals Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Petrochemicals
- 1.2 Key Market Segments
- 1.2.1 Petrochemicals Segment by Type
- 1.2.2 Petrochemicals Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Petrochemicals Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Petrochemicals Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Petrochemicals Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Petrochemicals Market Competitive Landscape
- 3.1 Global Petrochemicals Sales by Manufacturers (2018-2023)
- 3.2 Global Petrochemicals Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Petrochemicals Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Petrochemicals Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Petrochemicals Sales Sites, Area Served, Product Type
- 3.6 Petrochemicals Market Competitive Situation and Trends
- 3.6.1 Petrochemicals Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Petrochemicals Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Petrochemicals Industry Chain Analysis
- 4.1 Petrochemicals Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Petrochemicals Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Petrochemicals Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Petrochemicals Sales Market Share by Type (2018-2023)
- 6.3 Global Petrochemicals Market Size Market Share by Type (2018-2023)
- 6.4 Global Petrochemicals Price by Type (2018-2023)
- 7 Petrochemicals Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Petrochemicals Market Sales by Application (2018-2023)
- 7.3 Global Petrochemicals Market Size (M USD) by Application (2018-2023)
- 7.4 Global Petrochemicals Sales Growth Rate by Application (2018-2023)
- 8 Petrochemicals Market Segmentation by Region
- 8.1 Global Petrochemicals Sales by Region
- 8.1.1 Global Petrochemicals Sales by Region
- 8.1.2 Global Petrochemicals Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Petrochemicals Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Petrochemicals Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Petrochemicals Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Petrochemicals Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Petrochemicals Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 LyondellBasell
- 9.1.1 LyondellBasell Petrochemicals Basic Information
- 9.1.2 LyondellBasell Petrochemicals Product Overview
- 9.1.3 LyondellBasell Petrochemicals Product Market Performance
- 9.1.4 LyondellBasell Business Overview
- 9.1.5 LyondellBasell Petrochemicals SWOT Analysis
- 9.1.6 LyondellBasell Recent Developments
- 9.2 BASF
- 9.2.1 BASF Petrochemicals Basic Information
- 9.2.2 BASF Petrochemicals Product Overview
- 9.2.3 BASF Petrochemicals Product Market Performance
- 9.2.4 BASF Business Overview
- 9.2.5 BASF Petrochemicals SWOT Analysis
- 9.2.6 BASF Recent Developments
- 9.3 Total
- 9.3.1 Total Petrochemicals Basic Information
- 9.3.2 Total Petrochemicals Product Overview
- 9.3.3 Total Petrochemicals Product Market Performance
- 9.3.4 Total Business Overview
- 9.3.5 Total Petrochemicals SWOT Analysis
- 9.3.6 Total Recent Developments
- 9.4 Royal Dutch Shell
- 9.4.1 Royal Dutch Shell Petrochemicals Basic Information
- 9.4.2 Royal Dutch Shell Petrochemicals Product Overview
- 9.4.3 Royal Dutch Shell Petrochemicals Product Market Performance
- 9.4.4 Royal Dutch Shell Business Overview
- 9.4.5 Royal Dutch Shell Petrochemicals SWOT Analysis
- 9.4.6 Royal Dutch Shell Recent Developments
- 9.5 Sinopec
- 9.5.1 Sinopec Petrochemicals Basic Information
- 9.5.2 Sinopec Petrochemicals Product Overview
- 9.5.3 Sinopec Petrochemicals Product Market Performance
- 9.5.4 Sinopec Business Overview
- 9.5.5 Sinopec Petrochemicals SWOT Analysis
- 9.5.6 Sinopec Recent Developments
- 9.6 DowDupont
- 9.6.1 DowDupont Petrochemicals Basic Information
- 9.6.2 DowDupont Petrochemicals Product Overview
- 9.6.3 DowDupont Petrochemicals Product Market Performance
- 9.6.4 DowDupont Business Overview
- 9.6.5 DowDupont Recent Developments
- 9.7 Reliance Industries
- 9.7.1 Reliance Industries Petrochemicals Basic Information
- 9.7.2 Reliance Industries Petrochemicals Product Overview
- 9.7.3 Reliance Industries Petrochemicals Product Market Performance
- 9.7.4 Reliance Industries Business Overview
- 9.7.5 Reliance Industries Recent Developments
- 9.8 Sabic
- 9.8.1 Sabic Petrochemicals Basic Information
- 9.8.2 Sabic Petrochemicals Product Overview
- 9.8.3 Sabic Petrochemicals Product Market Performance
- 9.8.4 Sabic Business Overview
- 9.8.5 Sabic Recent Developments
- 9.9 British Petroleum
- 9.9.1 British Petroleum Petrochemicals Basic Information
- 9.9.2 British Petroleum Petrochemicals Product Overview
- 9.9.3 British Petroleum Petrochemicals Product Market Performance
- 9.9.4 British Petroleum Business Overview
- 9.9.5 British Petroleum Recent Developments
- 9.10 Chevron Phillips
- 9.10.1 Chevron Phillips Petrochemicals Basic Information
- 9.10.2 Chevron Phillips Petrochemicals Product Overview
- 9.10.3 Chevron Phillips Petrochemicals Product Market Performance
- 9.10.4 Chevron Phillips Business Overview
- 9.10.5 Chevron Phillips Recent Developments
- 9.11 Formosa Plastics
- 9.11.1 Formosa Plastics Petrochemicals Basic Information
- 9.11.2 Formosa Plastics Petrochemicals Product Overview
- 9.11.3 Formosa Plastics Petrochemicals Product Market Performance
- 9.11.4 Formosa Plastics Business Overview
- 9.11.5 Formosa Plastics Recent Developments
- 9.12 China National Petroluem Corporation
- 9.12.1 China National Petroluem Corporation Petrochemicals Basic Information
- 9.12.2 China National Petroluem Corporation Petrochemicals Product Overview
- 9.12.3 China National Petroluem Corporation Petrochemicals Product Market Performance
- 9.12.4 China National Petroluem Corporation Business Overview
- 9.12.5 China National Petroluem Corporation Recent Developments
- 9.13 Exxonmobil
- 9.13.1 Exxonmobil Petrochemicals Basic Information
- 9.13.2 Exxonmobil Petrochemicals Product Overview
- 9.13.3 Exxonmobil Petrochemicals Product Market Performance
- 9.13.4 Exxonmobil Business Overview
- 9.13.5 Exxonmobil Recent Developments
- 9.14 Ineos
- 9.14.1 Ineos Petrochemicals Basic Information
- 9.14.2 Ineos Petrochemicals Product Overview
- 9.14.3 Ineos Petrochemicals Product Market Performance
- 9.14.4 Ineos Business Overview
- 9.14.5 Ineos Recent Developments
- 10 Petrochemicals Market Forecast by Region
- 10.1 Global Petrochemicals Market Size Forecast
- 10.2 Global Petrochemicals Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Petrochemicals Market Size Forecast by Country
- 10.2.3 Asia Pacific Petrochemicals Market Size Forecast by Region
- 10.2.4 South America Petrochemicals Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Petrochemicals by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Petrochemicals Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Petrochemicals by Type (2024-2029)
- 11.1.2 Global Petrochemicals Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Petrochemicals by Type (2024-2029)
- 11.2 Global Petrochemicals Market Forecast by Application (2024-2029)
- 11.2.1 Global Petrochemicals Sales (K MT) Forecast by Application
- 11.2.2 Global Petrochemicals Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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