Press release
Petrochemical Market 2021| Global Overview of Industry by Manufacturers like British Petroleum, ExxonMobil, INEOS Group, Chevron Corporation, Royal Dutch Shell etc. till 2027
MARKET INTRODUCTIONPetrochemicals 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.
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MARKET DYNAMICS
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.
MARKET SCOPE
The "Global Petrochemicals Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the petrochemicals market with detailed market segmentation by type, application, end-use industries, and geography. The global petrochemicals market is 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.
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.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global petrochemicals market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The petrochemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
TOP COMPANIES:
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
TABLE OF CONTENT (TOC):
1. INTRODUCTION
.
.
.
6. PETROCHEMICALS MARKET - GLOBAL MARKET ANALYSIS
6.1. PETROCHEMICALS - GLOBAL MARKET OVERVIEW
6.2. PETROCHEMICALS - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. PETROCHEMICALS MARKET - REVENUE AND FORECASTS TO 2027 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BENZENE
7.3.1. Overview
7.3.2. Benzene Market Forecast and Analysis
7.4. XYLENE
7.4.1. Overview
7.4.2. Xylene Market Forecast and Analysis
7.5. ETHYLENE
7.5.1. Overview
7.5.2. Ethylene Market Forecast and Analysis
7.6. PROPYLENE
7.6.1. Overview
7.6.2. Propylene Market Forecast and Analysis
7.7. STYRENE
7.7.1. Overview
7.7.2. Styrene Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
.
.
.
Continued........
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