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Petrochemical-Global Market Insights and Sales Trends 2024
Synopsis
Petrochemicals are an essential part of commodities used in daily lives. They are used in various end-use industries, ranging from manufacturing to consumer goods. Petrochemicals are chemical compounds derived from petroleum and other hydrocarbons, which are obtained from crude oil and natural gas.
The global Petrochemical market size is expected to reach US$ 950070 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Petrochemical in various end use industries. The expanding demands from the Automotive, Textile, Construction and Industrial, are propelling Petrochemical market. Ethylene, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Propylene segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Petrochemical market, driven by demand from China, the second largest economy with some signs of stabilising, the Petrochemical market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Petrochemical, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Petrochemical market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Petrochemical market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Petrochemical sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Petrochemical covered in this report include BASF, British Petroleum, Chevron Phillips Chemical, CNPC, SINOPEC, DuPont, ExxonMobil, INEOS and LyondellBasell, etc.
The global Petrochemical market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
British Petroleum
Chevron Phillips Chemical
CNPC
SINOPEC
DuPont
ExxonMobil
INEOS
LyondellBasell
Shell Global
SABIC
Dow
Global Petrochemical market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Petrochemical market, Segment by Type:
Ethylene
Propylene
Butadiene
Benzene
Xylene
Toluene
Vinyls, Styrene
Methanol
Global Petrochemical market, by Application
Automotive
Textile
Construction
Industrial
Medical
Pharmaceuticals
Electronics
Consumer Goods Industries
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Petrochemical manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Petrochemical in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Petrochemicals are an essential part of commodities used in daily lives. They are used in various end-use industries, ranging from manufacturing to consumer goods. Petrochemicals are chemical compounds derived from petroleum and other hydrocarbons, which are obtained from crude oil and natural gas.
The global Petrochemical market size is expected to reach US$ 950070 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Petrochemical in various end use industries. The expanding demands from the Automotive, Textile, Construction and Industrial, are propelling Petrochemical market. Ethylene, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Propylene segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Petrochemical market, driven by demand from China, the second largest economy with some signs of stabilising, the Petrochemical market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Petrochemical, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Petrochemical market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Petrochemical market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Petrochemical sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Petrochemical covered in this report include BASF, British Petroleum, Chevron Phillips Chemical, CNPC, SINOPEC, DuPont, ExxonMobil, INEOS and LyondellBasell, etc.
The global Petrochemical market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
British Petroleum
Chevron Phillips Chemical
CNPC
SINOPEC
DuPont
ExxonMobil
INEOS
LyondellBasell
Shell Global
SABIC
Dow
Global Petrochemical market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Petrochemical market, Segment by Type:
Ethylene
Propylene
Butadiene
Benzene
Xylene
Toluene
Vinyls, Styrene
Methanol
Global Petrochemical market, by Application
Automotive
Textile
Construction
Industrial
Medical
Pharmaceuticals
Electronics
Consumer Goods Industries
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Petrochemical manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Petrochemical in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Petrochemical Market Overview
1.1 Petrochemical Product Overview
1.2 Petrochemical Market Segment by Type
1.2.1 Ethylene
1.2.2 Propylene
1.2.3 Butadiene
1.2.4 Benzene
1.2.5 Xylene
1.2.6 Toluene
1.2.7 Vinyls, Styrene
1.2.8 Methanol
1.3 Global Petrochemical Market Size by Type
1.3.1 Global Petrochemical Market Size Overview by Type (2018-2029)
1.3.2 Global Petrochemical Historic Market Size Review by Type (2018-2023)
1.3.3 Global Petrochemical Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Petrochemical Sales Breakdown by Type (2018-2023)
1.4.2 Europe Petrochemical Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Petrochemical Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Petrochemical Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Petrochemical Sales Breakdown by Type (2018-2023)
2 Global Petrochemical Market Competition by Company
2.1 Global Top Players by Petrochemical Sales (2018-2023)
2.2 Global Top Players by Petrochemical Revenue (2018-2023)
2.3 Global Top Players by Petrochemical Price (2018-2023)
2.4 Global Top Manufacturers Petrochemical Manufacturing Base Distribution, Sales Area, Product Type
2.5 Petrochemical Market Competitive Situation and Trends
2.5.1 Petrochemical Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Petrochemical Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Petrochemical as of 2022)
2.7 Date of Key Manufacturers Enter into Petrochemical Market
2.8 Key Manufacturers Petrochemical Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Petrochemical Status and Outlook by Region
3.1 Global Petrochemical Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Petrochemical Historic Market Size by Region
3.2.1 Global Petrochemical Sales in Volume by Region (2018-2023)
3.2.2 Global Petrochemical Sales in Value by Region (2018-2023)
3.2.3 Global Petrochemical Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Petrochemical Forecasted Market Size by Region
3.3.1 Global Petrochemical Sales in Volume by Region (2024-2029)
3.3.2 Global Petrochemical Sales in Value by Region (2024-2029)
3.3.3 Global Petrochemical Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Petrochemical by Application
4.1 Petrochemical Market Segment by Application
4.1.1 Automotive
4.1.2 Textile
4.1.3 Construction
4.1.4 Industrial
4.1.5 Medical
4.1.6 Pharmaceuticals
4.1.7 Electronics
4.1.8 Consumer Goods Industries
4.2 Global Petrochemical Market Size by Application
4.2.1 Global Petrochemical Market Size Overview by Application (2018-2029)
4.2.2 Global Petrochemical Historic Market Size Review by Application (2018-2023)
4.2.3 Global Petrochemical Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Petrochemical Sales Breakdown by Application (2018-2023)
4.3.2 Europe Petrochemical Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Petrochemical Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Petrochemical Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Petrochemical Sales Breakdown by Application (2018-2023)
5 North America Petrochemical by Country
5.1 North America Petrochemical Historic Market Size by Country
5.1.1 North America Petrochemical Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Petrochemical Sales in Volume by Country (2018-2023)
5.1.3 North America Petrochemical Sales in Value by Country (2018-2023)
5.2 North America Petrochemical Forecasted Market Size by Country
5.2.1 North America Petrochemical Sales in Volume by Country (2024-2029)
5.2.2 North America Petrochemical Sales in Value by Country (2024-2029)
6 Europe Petrochemical by Country
6.1 Europe Petrochemical Historic Market Size by Country
6.1.1 Europe Petrochemical Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Petrochemical Sales in Volume by Country (2018-2023)
6.1.3 Europe Petrochemical Sales in Value by Country (2018-2023)
6.2 Europe Petrochemical Forecasted Market Size by Country
6.2.1 Europe Petrochemical Sales in Volume by Country (2024-2029)
6.2.2 Europe Petrochemical Sales in Value by Country (2024-2029)
7 Asia-Pacific Petrochemical by Region
7.1 Asia-Pacific Petrochemical Historic Market Size by Region
7.1.1 Asia-Pacific Petrochemical Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Petrochemical Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Petrochemical Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Petrochemical Forecasted Market Size by Region
7.2.1 Asia-Pacific Petrochemical Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Petrochemical Sales in Value by Region (2024-2029)
8 Latin America Petrochemical by Country
8.1 Latin America Petrochemical Historic Market Size by Country
8.1.1 Latin America Petrochemical Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Petrochemical Sales in Volume by Country (2018-2023)
8.1.3 Latin America Petrochemical Sales in Value by Country (2018-2023)
8.2 Latin America Petrochemical Forecasted Market Size by Country
8.2.1 Latin America Petrochemical Sales in Volume by Country (2024-2029)
8.2.2 Latin America Petrochemical Sales in Value by Country (2024-2029)
9 Middle East and Africa Petrochemical by Country
9.1 Middle East and Africa Petrochemical Historic Market Size by Country
9.1.1 Middle East and Africa Petrochemical Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Petrochemical Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Petrochemical Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Petrochemical Forecasted Market Size by Country
9.2.1 Middle East and Africa Petrochemical Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Petrochemical Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Petrochemical Products Offered
10.1.5 BASF Recent Development
10.2 British Petroleum
10.2.1 British Petroleum Company Information
10.2.2 British Petroleum Introduction and Business Overview
10.2.3 British Petroleum Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.2.4 British Petroleum Petrochemical Products Offered
10.2.5 British Petroleum Recent Development
10.3 Chevron Phillips Chemical
10.3.1 Chevron Phillips Chemical Company Information
10.3.2 Chevron Phillips Chemical Introduction and Business Overview
10.3.3 Chevron Phillips Chemical Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Chevron Phillips Chemical Petrochemical Products Offered
10.3.5 Chevron Phillips Chemical Recent Development
10.4 CNPC
10.4.1 CNPC Company Information
10.4.2 CNPC Introduction and Business Overview
10.4.3 CNPC Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.4.4 CNPC Petrochemical Products Offered
10.4.5 CNPC Recent Development
10.5 SINOPEC
10.5.1 SINOPEC Company Information
10.5.2 SINOPEC Introduction and Business Overview
10.5.3 SINOPEC Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SINOPEC Petrochemical Products Offered
10.5.5 SINOPEC Recent Development
10.6 DuPont
10.6.1 DuPont Company Information
10.6.2 DuPont Introduction and Business Overview
10.6.3 DuPont Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.6.4 DuPont Petrochemical Products Offered
10.6.5 DuPont Recent Development
10.7 ExxonMobil
10.7.1 ExxonMobil Company Information
10.7.2 ExxonMobil Introduction and Business Overview
10.7.3 ExxonMobil Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.7.4 ExxonMobil Petrochemical Products Offered
10.7.5 ExxonMobil Recent Development
10.8 INEOS
10.8.1 INEOS Company Information
10.8.2 INEOS Introduction and Business Overview
10.8.3 INEOS Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.8.4 INEOS Petrochemical Products Offered
10.8.5 INEOS Recent Development
10.9 LyondellBasell
10.9.1 LyondellBasell Company Information
10.9.2 LyondellBasell Introduction and Business Overview
10.9.3 LyondellBasell Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.9.4 LyondellBasell Petrochemical Products Offered
10.9.5 LyondellBasell Recent Development
10.10 Shell Global
10.10.1 Shell Global Company Information
10.10.2 Shell Global Introduction and Business Overview
10.10.3 Shell Global Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shell Global Petrochemical Products Offered
10.10.5 Shell Global Recent Development
10.11 SABIC
10.11.1 SABIC Company Information
10.11.2 SABIC Introduction and Business Overview
10.11.3 SABIC Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.11.4 SABIC Petrochemical Products Offered
10.11.5 SABIC Recent Development
10.12 Dow
10.12.1 Dow Company Information
10.12.2 Dow Introduction and Business Overview
10.12.3 Dow Petrochemical Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Dow Petrochemical Products Offered
10.12.5 Dow Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Petrochemical Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Petrochemical Industrial Chain Analysis
11.4 Petrochemical Market Dynamics
11.4.1 Petrochemical Industry Trends
11.4.2 Petrochemical Market Drivers
11.4.3 Petrochemical Market Challenges
11.4.4 Petrochemical Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Petrochemical Distributors
12.3 Petrochemical Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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