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Petrochemicals Market New Project Investment and Potential Growth Scope by 2027 | BASF SE, British Petroleum, Chevron Corporation, China National Petroleum Corporation, China National Petroleum Corporation, DuPont de Nemours, ExxonMobil

03-27-2020 12:44 PM CET | Energy & Environment

Press release from: Premium Market Insights

Petrochemicals Market to 2027

Petrochemicals Market to 2027

Petrochemicals are obtained from petroleum through refining process. Some other chemical compounds prepared from petroleum can also be obtained from other fossil fuels, including coal or natural gas and renewable sources such as maize, palm fruit, and sugar cane. Highly available petrochemicals in the market are olefins (ethylene and propylene) and aromatics (benzene, toluene, and xylene isomers). Olefins and aromatics are the building-blocks for a wide range of materials including solvents, detergents, and adhesives. Olefins are used as a base for polymers and oligomers, which are used in plastics, resins, fibers, elastomers, lubricants, and gels.

The petrochemicals market has witnessed a significant growth owing to factors such as wider application of petrochemicals in packaging, automotive, construction, electrical & electronics, and helthcare industries. Many polymers are used in the manufacturing of different types of plastic components, which finds applicationsin the automotive industries. This factor is driving the market for petrochemicals. Furthermore, increasing use of polymeric resins in the manufacturing of automotive components is expected to fuel the demand for polymers, which in turn will influence the market growth of petrochemicals. However, fluctuating prices of raw materials can be a challenge to the growth of this market. On the contrary, steady growth in the automotive, chemical, and construction industry will provide the opportunity for the market players to invest in the petrochemicals market.

Top Companies Covered in this Report:
1. BASF SE, 2. British Petroleum Plc, 3. Chevron Corporation, 4. China National Petroleum Corporation, 5. China National Petroleum Corporation, 6. DuPont de Nemours, Inc., 7. ExxonMobil Corporation, 8. INEOS Group Ltd., 9. Royal Dutch Shell PLC, 10. The Dow Chemical Company

Get sample copy of "Petrochemicals Market" at: https://www.premiummarketinsights.com/sample/TIP00024995

What is the Market Scope?

The "Global Petrochemicals Market Analysis to 2027" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of 3D Printed Medical Implant with detailed market segmentation by Component, Implantation Technology, Application, End User and geography. The global PETROCHEMICALS are expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PETROCHEMICALS Market players and offers key trends and opportunities in the market.

What is the Market Segmentation?

The global petrochemicals market is segmented on the basis of type, application, and end-use industries. On the basis of type, the petrochemicals market is segmented into benzene, xylene, ethylene, propylene, styrene, and others. The petrochemicals market on the basis of the application is classified into polymer, paints and coatings, solvent, rubber, adhesives, surfactants, and others. Based on end-use industries, petrochemicals market is bifurcated into packaging, automotive, construction, electrical and electronics, and healthcare.

What is the Regional Framework?

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Petrochemicals market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Petrochemicals market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Petrochemicals Market Size
2.2 Petrochemicals Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Petrochemicals Market Size by Manufacturers
3.2 Petrochemicals Key Players Head office and Area Served
3.3 Key Players Petrochemicals Product/Solution/Service
3.4 Date of Enter into Petrochemicals Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Petrochemicals Sales by Product
4.2 Global Petrochemicals Revenue by Product
4.3 Petrochemicals Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Petrochemicals Breakdown Data by End User

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