October 25, 2024

Petrochemical Market is set to record 5.1% CAGR by 2030

Petrochemical Market size is expected to grow Usd 729 bn by 2030 at a CAGR of 5.1% over the forecast period 2021 – 2030.

Petrochemical Market

A new study on the global Petrochemical market has been published by Precedence Research. It presents a wealth of information on key market dynamics, including the drivers, market trends, and challenges, as well as the structure of the global Petrochemical market. The study offers valuable information about the global Petrochemical market to illustrate how the market would grow during the forecast period 2021-2030. The report provides the value and volume of the global Petrochemical market for the period 2021–2030, considering 2019 as the base year and 2030 as the forecast year. The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments and sub-segments included in the scope of the study.

Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in the study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global Petrochemical market during the forecast period.

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An extensive analysis on business strategies of leading market players is also featured in study on the global Petrochemical market. This can help readers understand principal factors to foresee growth in the global Petrochemical market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global market, which is expected to guide market players in making apt decisions in the future.

The report also delves into the competition landscape of the global Petrochemical market. Key players operating in the global market have been identified, and each one of these has been profiled for their distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players profiled in the global market report.

Key Players

  • BP Plc
  • Total S.A.
  • Exxon Mobil Corp.
  • BASF SE
  • Sumitomo Chemical Co., Ltd.
  • Dow
  • Chevron Phillips Chemical Company
  • Saudi Arabian Oil Co.
  • DuPont de Nemours, Inc.
  • China Petroleum & Chemical Corporation

Key Questions Answered in Petrochemical Market Study

– What are the key factors influencing the Petrochemical market in each region?

– What will be the CAGR of the global Petrochemical market between 2017 and 2030?

– What is the future scope and changing trends in technologies in the global Petrochemical market?

– Which factors will impede the growth of the global Petrochemical market during the forecast period?

– Which are the leading companies in the global Petrochemical market?

– Which region is set to expand at the fastest CAGR during the forecast period?

– What is the volume (Units) of different Petrochemical across all regions during the forecast period?

– Which segment will have the highest revenue globally in 2030 and which segment will expand at the fastest CAGR during the forecast period?

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Research Methodology

A unique research methodology has been utilized by precedence research to conduct a comprehensive research on the growth of the global Petrochemical market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary sources referred to by analysts during the production of the global Petrochemical market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from Petrochemical industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making precedence research estimates on the future prospects of the global market more reliable and accurate.

Segmentation

By Product Type

  • Ethylene
    • Polyethylene
    • Ethylene oxide
    • EDC
    • Ethyl benzene
    • Other (including alpha olefins, vinyl acetate, etc.)
  • Propylene
    • Polypropylene
    • Propylene oxide
    • Acrylonitrile
    • Cumene
    • Acrylic acid
    • Isopropanol
    • Other
  • Butadiene
    • SB Rubber
    • Butadiene rubber
    • ABS
    • SB latex
    • Other (nitrile rubber, mechanical belts, etc.)
  • Benzene
    • Ethyl benzene
    • Phenol/cumene
    • Cyclohexane
    • Nitrobenzene
    • Alkyl benzene
    • Other (including alkyl benzene, maleic anhydride)
  • Xylene
  • Toluene
    • Benzene
    • Xylenes
    • Solvents
    • TDI
    • Others (including pesticides, drugs, nitro toluene, etc.)
  • Methanol
    • Formaldehyde
    • Gasoline
    • Acetic acid
    • MTBE
    • Dimethyl ether
    • MTO/MTP
    • Other

By Manufacturing Processes

  • Fluid Catalytic Cracking (FCC)
  • Steam cracking
  • Catalytic reforming

By Application

  • Aerospace
  • Agriculture
  • Automotive
  • Building & Construction
  • Consumer & Industrial Goods
  • Others

By Geography

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Rest of Latin America
    • Middle East & Africa (MEA)
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa

Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Product Types
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Petrochemicals Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Petrochemicals Market

5.1. Covid-19: Petrochemicals Industry Impact
5.2. Petrochemicals Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Petrochemicals Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Petrochemicals Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Petrochemicals Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Rising demand for downstream products from end-use industries
6.1.1.2. Increasing capacity additions in the base chemical industry
6.1.2. Market Restraints
6.1.2.1. Fluctuating raw material prices
6.1.3. Market Opportunities
6.1.3.1. Emerging applications and markets

Chapter 7. Global Petrochemicals Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Petrochemicals Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Petrochemicals Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio, Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End user

Chapter 8. Global Petrochemicals Market, By Product Type

8.1. Petrochemicals Market, by Product Type, 2017-2030
8.1.1. Ethylene
8.1.2. Market Revenue and Forecast (2017-2030)
8.1.2.1. Polyethylene
8.1.2.2. Market Revenue and Forecast (2017-2030)
8.1.2.3. Ethylene oxide
8.1.2.4. Market Revenue and Forecast (2017-2030)
8.1.2.5. EDC
8.1.2.6. Market Revenue and Forecast (2017-2030)
8.1.2.7. Ethyl benzene
8.1.2.8. Market Revenue and Forecast (2017-2030)
8.1.2.9. Other (including alpha olefins, vinyl acetate, etc.)
8.1.2.10. Market Revenue and Forecast (2017-2030)
8.1.3. Propylene
8.1.4. Market Revenue and Forecast (2017-2030)
8.1.4.1. Polypropylene
8.1.4.2. Market Revenue and Forecast (2017-2030)
8.1.4.3. Propylene oxide
8.1.4.4. Market Revenue and Forecast (2017-2030)
8.1.4.5. Acrylonitrile
8.1.4.6. Market Revenue and Forecast (2017-2030)
8.1.4.7. Cumene
8.1.4.8. Market Revenue and Forecast (2017-2030)
8.1.4.9. Acrylic acid
8.1.4.10. Market Revenue and Forecast (2017-2030)
8.1.4.11. Isopropanol
8.1.4.12. Market Revenue and Forecast (2017-2030)
8.1.4.13. Other
8.1.4.14. Market Revenue and Forecast (2017-2030)
8.1.5. Butadiene
8.1.6. Market Revenue and Forecast (2017-2030)
8.1.6.1. SB Rubber
8.1.6.2. Market Revenue and Forecast (2017-2030)
8.1.6.3. Butadiene rubber
8.1.6.4. Market Revenue and Forecast (2017-2030)
8.1.6.5. ABS
8.1.6.6. Market Revenue and Forecast (2017-2030)
8.1.6.7. SB latex
8.1.6.8. Market Revenue and Forecast (2017-2030)
8.1.6.9. Other (nitrile rubber, mechanical belts, etc.)
8.1.6.10. Market Revenue and Forecast (2017-2030)
8.1.7. Benzene
8.1.8. Market Revenue and Forecast (2017-2030)
8.1.8.1. Ethyl benzene
8.1.8.2. Market Revenue and Forecast (2017-2030)
8.1.8.3. Phenol/cumene
8.1.8.4. Market Revenue and Forecast (2017-2030)
8.1.8.5. Cyclohexane
8.1.8.6. Market Revenue and Forecast (2017-2030)
8.1.8.7. Nitrobenzene
8.1.8.8. Market Revenue and Forecast (2017-2030)
8.1.8.9. Alkyl benzene
8.1.8.10. Market Revenue and Forecast (2017-2030)
8.1.8.11. Other (including alkyl benzene, maleic anhydride)
8.1.8.12. Market Revenue and Forecast (2017-2030)
8.1.9. Xylene
8.1.10. Market Revenue and Forecast (2017-2030)
8.1.11. Toluene
8.1.12. Market Revenue and Forecast (2017-2030)
8.1.12.1. Benzene
8.1.12.2. Market Revenue and Forecast (2017-2030)
8.1.12.3. Xylenes
8.1.12.4. Market Revenue and Forecast (2017-2030)
8.1.12.5. Solvents
8.1.12.6. Market Revenue and Forecast (2017-2030)
8.1.12.7. TDI
8.1.12.8. Market Revenue and Forecast (2017-2030)
8.1.12.9. Others (including pesticides, drugs, nitro toluene, etc.)
8.1.12.10. Market Revenue and Forecast (2017-2030)
8.1.13. Methanol
8.1.14. Market Revenue and Forecast (2017-2030)
8.1.14.1. Formaldehyde
8.1.14.2. Market Revenue and Forecast (2017-2030)
8.1.14.3. Gasoline
8.1.14.4. Market Revenue and Forecast (2017-2030)
8.1.14.5. Acetic acid
8.1.14.6. Market Revenue and Forecast (2017-2030)
8.1.14.7. MTBE
8.1.14.8. Market Revenue and Forecast (2017-2030)
8.1.14.9. Dimethyl ether
8.1.14.10. Market Revenue and Forecast (2017-2030)
8.1.14.11. MTO/MTP
8.1.14.12. Market Revenue and Forecast (2017-2030)
8.1.14.13. Other
8.1.14.14. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Petrochemicals Market, By Manufacturing processes

9.1. Petrochemicals Market, by Manufacturing processes, 2017-2030
9.1.1. Fluid Catalytic Cracking (FCC)
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Steam cracking
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Catalytic reforming
9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Petrochemicals Market, By Application

10.1. Petrochemicals Market, by Application, 2017-2030
10.1.1. Aerospace
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Agriculture
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Automotive
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Building & Construction
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Consumer & Industrial Goods
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Petrochemicals Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Product Type(2017-2030)
11.1.2. Market Revenue Forecast by Manufacturing processes (2017-2030)
11.1.3. Market Revenue Forecast by Application (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Product Type (2017-2030)
11.2.2. Market Revenue Forecast by Manufacturing processes (2017-2030)
11.2.3. Market Revenue Forecast by Application (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Product Type (2017-2030)
11.3.2. Market Revenue Forecast by Manufacturing processes (2017-2030)
11.3.3. Market Revenue Forecast by Application (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Product Type (2017-2030)
11.4.2. Market Revenue Forecast by Manufacturing processes (2017-2030)
11.4.3. Market Revenue Forecast by Application (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Product Type (2017-2030)
11.5.2. Market Revenue Forecast by Manufacturing processes (2017-2030)
11.5.3. Market Revenue Forecast by Application (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)

Chapter 12. Company Profiles

12.1. BASF SE
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio, Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2017-2020)
12.1.4. Recent Developments and Strategies
12.2. BP Plc.
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio, Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2017-2020)
12.2.4. Recent Developments and Strategies
12.3. DuPont de Nemours, Inc.
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio, Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2017-2020)
12.3.4. Recent Developments and Strategies
12.4. Total S.A.
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio, Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2017-2020)
12.4.4. Recent Developments and Strategies
12.5. Exxon Mobil Corp.
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio, Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2017-2020)
12.5.4. Recent Developments and Strategies
12.6. China Petroleum & Chemical Corporation
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio, Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2017-2020)
12.6.4. Recent Developments and Strategies
12.7. Saudi Arabian Oil Co.
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio, Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2017-2020)
12.7.4. Recent Developments and Strategies
12.8. Sumitomo Chemical Co., Ltd.
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio, Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2017-2020)
12.8.4. Recent Developments and Strategies
12.9. Dow
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio, Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2017-2020)
12.9.4. Recent Developments and Strategies
12.10. Chevron Phillips Chemical Company
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio, Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2017-2020)
12.10.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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