Global Primary Petrochemicals Market Growth 2023-2029
Primary Petrochemicals, also known as petroleum distillate, are compounds that are processed from petroleum and natural gas. They are usually sold to other chemical plants so that they can be used to form secondary petrochemicals.
LPI (LP Information)' newest research report, the “Primary Petrochemicals Industry Forecast” looks at past sales and reviews total world Primary Petrochemicals sales in 2022, providing a comprehensive analysis by region and market sector of projected Primary Petrochemicals sales for 2023 through 2029. With Primary Petrochemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Primary Petrochemicals industry.
This Insight Report provides a comprehensive analysis of the global Primary Petrochemicals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Primary Petrochemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Primary Petrochemicals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Primary Petrochemicals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Primary Petrochemicals.
The global Primary Petrochemicals market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Primary Petrochemicals is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Primary Petrochemicals is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Primary Petrochemicals is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Primary Petrochemicals players cover LyondellBasell, BASF, Total, Shell Global, Sinopec, DuPont, Dow, Reliance Industries and SABIC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Primary Petrochemicals market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ethylene
Propylene
Butadiene
Benzene
Styrene
Other
Segmentation by application
Adhesives
Polymers
Paints And Coatings
Dyes
Surfactants
Rubber
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LyondellBasell
BASF
Total
Shell Global
Sinopec
DuPont
Dow
Reliance Industries
SABIC
Chevron Phillips Chemical
Formosa Plastics
China National Petroleum Corporation
Exxon Mobil
Key Questions Addressed in this Report
What is the 10-year outlook for the global Primary Petrochemicals market?
What factors are driving Primary Petrochemicals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Primary Petrochemicals market opportunities vary by end market size?
How does Primary Petrochemicals break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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