Global Petrochemicals Sales Market Report 2020
Petrochemicals (also known as petroleum distillates) are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn, palm fruit or sugar cane.
Currently, Asia-Pacific is the largest market for the petrochemicals having accounted for more than half of the global market size, by volume, in 2017. Among all the countries, China & India dominated the basic polymers market in 2017 in terms of volume, closely followed by Japan. High economic growth rate, rising demand for construction products made up of plastics, growing health awareness applications, improving standards of living and competitive manufacturing costs are the main factors leading to the growth of the market for petrochemicals in this region.
Market Analysis and Insights: Global Petrochemicals Market
The global Petrochemicals market size is projected to reach US$ 908290 million by 2026, from US$ 694670 million in 2020, at a CAGR of 4.6% during 2021-2026.
Global Petrochemicals Scope and Market Size
The global Petrochemicals market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Petrochemicals market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Petrochemicals market is segmented into
Ethylene
Propylene
Benzene
Butadiene
Xylenes
Toluene
Segment by Application, the Petrochemicals market is segmented into
Construction
Packaging
Automotive
Electrical & Electronics
Aerospace
Consumer Goods
Others
The Petrochemicals market is analysed and market size information is provided by regions (countries). Segment by Application, the Petrochemicals market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Petrochemicals market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Petrochemicals business, the date to enter into the Petrochemicals market, Petrochemicals product introduction, recent developments, etc.
The major vendors covered:
LyondellBasell
BASF
Total
Royal Dutch Shell
Sinopec
DowDupont
Reliance Industries
Sabic
British Petroleum
Chevron Phillips
Formosa Plastics
China National Petroluem Corporation
Exxonmobil
Ineos
Currently, Asia-Pacific is the largest market for the petrochemicals having accounted for more than half of the global market size, by volume, in 2017. Among all the countries, China & India dominated the basic polymers market in 2017 in terms of volume, closely followed by Japan. High economic growth rate, rising demand for construction products made up of plastics, growing health awareness applications, improving standards of living and competitive manufacturing costs are the main factors leading to the growth of the market for petrochemicals in this region.
Market Analysis and Insights: Global Petrochemicals Market
The global Petrochemicals market size is projected to reach US$ 908290 million by 2026, from US$ 694670 million in 2020, at a CAGR of 4.6% during 2021-2026.
Global Petrochemicals Scope and Market Size
The global Petrochemicals market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Petrochemicals market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Petrochemicals market is segmented into
Ethylene
Propylene
Benzene
Butadiene
Xylenes
Toluene
Segment by Application, the Petrochemicals market is segmented into
Construction
Packaging
Automotive
Electrical & Electronics
Aerospace
Consumer Goods
Others
The Petrochemicals market is analysed and market size information is provided by regions (countries). Segment by Application, the Petrochemicals market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Petrochemicals Market Share AnalysisPetrochemicals market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Petrochemicals business, the date to enter into the Petrochemicals market, Petrochemicals product introduction, recent developments, etc.
The major vendors covered:
LyondellBasell
BASF
Total
Royal Dutch Shell
Sinopec
DowDupont
Reliance Industries
Sabic
British Petroleum
Chevron Phillips
Formosa Plastics
China National Petroluem Corporation
Exxonmobil
Ineos
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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