Market Research

Petrochemicals Market Size, Share, and Analysis, By Product Type (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Methanol), By Manufacturing processes (Fluid Catalytic Cracking (FCC), Steam cracking, Catalytic reforming), By Application (Polyme

Best Price Guarantee Length Publisher Published Date SKU
from $4,950 374 Pages Fatpos Global September, 2023 FAGL18367051
Best Price Guarantee
Price from $4,950
Length 374 Pages
Publisher Fatpos Global
Published Date September, 2023
SKU FAGL18367051

Petrochemicals Market Size, Share, and Analysis, By Product Type (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Methanol), By Manufacturing processes (Fluid Catalytic Cracking (FCC), Steam cracking, Catalytic reforming), By Application (Polymers, Paints and Coatings, Solvents, Rubber, Adhesives and Sealants, Surfactants, Dyes, Others), By End Use (Aerospace, Agriculture, Automotive, Building & Construction, Consumer & Industrial Goods, and Others) and Regional Forecasts, 2022-2032


Petrochemicals Market Size, Share, and Analysis, By Product Type (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Methanol), By Manufacturing processes (Fluid Catalytic Cracking (FCC), Steam cracking, Catalytic reforming), By Application (Polymers, Paints and Coatings, Solvents, Rubber, Adhesives and Sealants, Surfactants, Dyes, Others), By End Use (Aerospace, Agriculture, Automotive, Building & Construction, Consumer & Industrial Goods, and Others) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Petrochemicals Market size was USD 467.65 billion in 2021 and projected to grow from USD 521 billion in 2023 to USD 854.4 billion by 2032, exhibiting a CAGR of 5.6% during the forecast period.

Petrochemicals are generated through sturdy refining processes which include separating and purifying various compounds from crude oil and natural gas. The petrochemicals market is an important component of the global economy, as it supplies the major building blocks for several industries and is influenced by various factors like availability of raw material and prices, altering demand patterns over various end-use industries and advancements in technology. Petrochemicals industry includes many key players, including large MNC’s, independent producers etc.

MARKET HIGHLIGHTS

Petrochemicals Market is expected to reach USD 854.4 billion, growing at a CAGR of 5.6% during forecast period owing to the increasing demand for these products from various end-use industries like automotive, pharmaceuticals, construction etc. which is expected to drive the growth of the market. Petrochemicals market is an important component for many industrial processes and is a major pillar for the industrial economy. Few products derived from petrochemicals include tires, oil, detergents, plastics, etc.

Petrochemicals Market Segments:
  • Product Type
  • Ethylene
  • Propylene
  • Butadiene
  • Benzene
  • Xylene
  • Toluene
  • Methanol
  • Manufacturing processes
  • Fluid Catalytic Cracking (FCC)
  • Steam cracking
  • Catalytic reforming
  • Application
  • Polymers
  • Paints and Coatings
  • Solvents
  • Rubber
  • Adhesives and Sealants
  • Surfactants
  • Dyes
  • Others
  • End Use
  • Aerospace
  • Agriculture
  • Automotive
  • Building & Construction
  • Consumer & Industrial Goods
  • Others
MARKET DYNAMICS

Growth Drivers

Rise in Use of Plastic is Expected to Boost the Growth of the Market

Advancements in Technology is Expected to Boost the Growth of the Market

Restraint

Increasing Environmental Issues by the Products May Hamper the Market Growth

Key Players
  • BASF SE
  • Chevron Corporation
  • INEOS Group Ltd.
  • Sinopec
  • ExxonMobil Corporation
  • Royal Dutch Shell PLC
  • SABIC
  • LyondellBasell Industries Holdings B.V.
  • China National Petroleum Corporation (CNPC)
  • Dow
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*


1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3. Petrochemicals Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Petrochemicals Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Petrochemicals Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Risk Analysis
9. Market Analysis
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. Petrochemicals Market
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.Petrochemicals Market Size & Forecast 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Product Type
11.3.1.1. Ethylene
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Propylene
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3.Butadiene
11.3.1.3.1.By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4.Benzene
11.3.1.4.1.By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.5.Xylene
11.3.1.5.1.By Value (USD Million) 2022-2032F
11.3.1.5.2. Market Share (%) 2022-2032F
11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.6.Toluene
11.3.1.6.1.By Value (USD Million) 2022-2032F
11.3.1.6.2. Market Share (%) 2022-2032F
11.3.1.6.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.7.Methanol
11.3.1.7.1.By Value (USD Million) 2022-2032F
11.3.1.7.2. Market Share (%) 2022-2032F
11.3.1.7.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Manufacturing processes
11.3.2.1.Fluid Catalytic Cracking (FCC)
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Steam cracking
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Catalytic reforming
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Application
11.3.3.1.Polymers
11.3.3.1.1.By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Paints and Coatings
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2.Market Share (%) 2022-2032F
11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Solvents
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2.Market Share (%) 2022-2032F
11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.4. Rubber
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.5. Adhesives and Sealants
11.3.3.5.1. By Value (USD Million) 2022-2032F
11.3.3.5.2.Market Share (%) 2022-2032F
11.3.3.5.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.6. Surfactants
11.3.3.6.1. By Value (USD Million) 2022-2032F
11.3.3.6.2.Market Share (%) 2022-2032F
11.3.3.6.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.7. Dyes
11.3.3.7.1. By Value (USD Million) 2022-2032F
11.3.3.7.2.Market Share (%) 2022-2032F
11.3.3.7.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.8. Others
11.3.3.8.1. By Value (USD Million) 2022-2032F
11.3.3.8.2.Market Share (%) 2022-2032F
11.3.3.8.3.Y-o-Y Growth (%) 2022-2032F
11.3.4. By End Use
11.3.4.1.Aerospace
11.3.4.1.1.By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. Agriculture
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2.Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.3. Automotive
11.3.4.3.1. By Value (USD Million) 2022-2032F
11.3.4.3.2. Market Share (%) 2022-2032F
11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.4. Building & Construction
11.3.4.4.1.By Value (USD Million) 2022-2032F
11.3.4.4.2. Market Share (%) 2022-2032F
11.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.5. Consumer & Industrial Goods
11.3.4.5.1.By Value (USD Million) 2022-2032F
11.3.4.5.2. Market Share (%) 2022-2032F
11.3.4.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.6. Others
11.3.4.6.1. By Value (USD Million) 2022-2032F
11.3.4.6.2.Market Share (%) 2022-2032F
11.3.4.6.3.Y-o-Y Growth (%) 2022-2032F
12. North America Petrochemicals Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2.By Manufacturing Processes
12.3.3.By Application
12.3.4.By End Use
12.4. Country
12.4.1.United States
12.4.2. Canada
13. Europe Petrochemicals Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2.By Manufacturing Processes
13.3.3.By Application
13.3.4.By End Use
13.4. Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. Asia Petrochemicals Market Size & Forecast 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2.By Manufacturing Processes
14.3.3.By Application
14.3.4. By End Use
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. Middle East and Africa Petrochemicals Market Size & Forecast 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product Type
15.3.2.By Manufacturing Processes
15.3.3.By Application
15.3.4.By End Use
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Petrochemicals Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product Type
16.3.2.By Manufacturing Processes
16.3.3.By Application
16.3.4.By End Use
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.BASF SE
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Chevron Corporation
18.3. INEOS Group Ltd.
18.4.Sinopec
18.5. ExxonMobil Corporation
18.6. Royal Dutch Shell PLC
18.7. SABIC
18.8.LyondellBasell Industries Holdings B.V.
18.9. China National Petroleum Corporation (CNPC)
18.10.Dow
18.11.Other Prominent Players
19. Appendix
20.Consultant Recommendation

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