Crude to Chemical Market Size- By Application, By End User, By Technology- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Crude to Chemical Market Overview
According to SPER Market Research, the Global Crude to Chemical Market is estimated to reach USD 942.57 billion by 2032 with a CAGR of 7.58%. The global crude to chemical market is an industry that involves the conversion of crude oil into chemicals using advanced refining technologies. The process of converting crude oil into chemicals involves breaking down the hydrocarbon molecules in crude oil into simpler molecules using technologies such as steam cracking, catalytic cracking, and others. This results in the production of various chemicals and petrochemicals that are used in a wide range of applications such as plastics, fertilizers, synthetic fibers, and many more.
Impact of COVID-19 on the Global Crude to Chemical Market
The COVID-19 pandemic has had a mixed impact on the global crude to chemical market. The pandemic has caused significant disruptions in the global economy, leading to a decline in demand for crude oil and petroleum products, including chemicals and petrochemicals. This has resulted in a decline in prices and reduced production in the crude to chemical market.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments coveredBy Application, By End User, By Technology.
Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered
Asahi Kasei Corporation, Dupon, Hyosung Corporation, Indorama Industries Limited, Invista, Jiangsu Shaungliang Spandex Co.Ltd, Taekwang Industrial Co. Ltd, Tayho Advanced Materials Co.Ltd, Tk Chemical Corp, Xiamen Lilong Spandex Co.Ltd, Yantai, Zhejiang Huafon Spandex Co. Ltd.
Global Crude to Chemical Market Segmentation:
By Application:Based on the Application, Global Crude to Chemical Market is segmented as Adhesives & Sealants, Dyes, Polymers, Paints & Coatings, Rubber, Surfactants, Solvent, Others .
By Technology:Based on the Technology, Global Crude to Chemical Market is segmented as; Steam Cracking Technology, De-asphalting Technology, Hydrocracking Technology.
By Region:China, Japan, and South Korea are major players in the Asia-Pacific region, which is currently the largest market for crude to chemical. This region is experiencing considerable growth due to the rising demand for chemicals and petrochemicals
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Crude to Chemical Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Crude to Chemical Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Crude to Chemical Market
- 7. Global Crude to Chemical Market, By Application , 2019-2032 (USD Million)
- 7.1 Adhesives & Sealants
- 7.2 Dyes
- 7.3 Polymers
- 7.4 Paints & Coatings
- 7.5 Rubber
- 7.6 Surfactants
- 7.7 Solvent
- 7.8 Others
- 8. Global Crude to Chemical Market, By End User, 2019-2032 (USD Million)
- 8.1 Automotive & Transportation
- 8.2 Building & Construction
- 8.3 Electrical & Electronics
- 8.4 Healthcare
- 8.5 Other
- 9. Global Crude to Chemical Market, By Technology, 2019-2032 (USD Million)
- 9.1 Steam Cracking Technology
- 9.2 De-asphalting Technology
- 9.3 Hydrocracking Technology
- 10. Global Commercial Washing Market, By Region, 2019-2032 (USD Million)
- 10.1. Global Crude to Chemical Market Size and Market Share by Region (2019-2025)
- 10.2. Global Crude to Chemical Market Size and Market Share by Region (2026-2032)
- 10.3. Asia-Pacific
- 10.3.1 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
- 10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
- 10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
- 10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
- 10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America
- 11. Company Profiles
- 11.1 Asahi Kasei Corporation
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 DuPon
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 Hyosung Corporation
- 11.1 Company details
- 11.2 Financial outlook
- 11.3 Product summary
- 11.4 Recent developments
- 11.4 Indorama Industries Limited
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 Invista
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 11.6 Jiangsu Shaungliang Spandex Co.Ltd
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
- 11.7 Taekwang Industrial Co. Ltd
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
- 11.8 Tayho Advanced Materials Co.Ltd
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
- 11.9 TK Chemical Corp
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
- 11.10 Xiamen Lilong Spandex Co.Ltd
- 11.10.1 Company details
- 11.10.2 Financial outlook
- 11.10.3 Product summary
- 11.10.4 Recent developments
- 11.11 Yantai
- 11.11.1 Company details
- 11.11.2 Financial outlook
- 11.11.3 Product summary
- 11.11.4 Recent developments
- 11.12 Zhejiang Huafon Spandex Co. Ltd
- 11.12.1 Company details
- 11.12.2 Financial outlook
- 11.12.3 Product summary
- 11.12.4 Recent developments
- 12. List of Abbreviations
- 13.Reference Links
- 14.Conclusion
- 15.Research Scope
Research Assistance
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