Press release
Primary Petrochemicals Market Growth Focusing on Trends & Innovations During the Period Until 2028
Primary petrochemicals market will reach at an estimated value of USD 1.93 billion and grow at a rate of 6.80% for the forecast period of 2021 to 2028. Rising governmental support in emerging economies is a vital factor driving the growth of primary petrochemicals market.The world class PRIMARY PETROCHEMICALS MARKET research report is structured with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters, and well-informed researchers. This global market report offers an analytical assessment of the prime challenges faced by the market currently and in the coming years, which gives idea to other market participants about the problems they may face while operating in this market over a longer period of time. In the large scale PRIMARY PETROCHEMICALS MARKET report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues.
Primary Petrochemicals Market Industry Analysis:
Petrochemicals which are also known as petroleum distillates are chemical compound which are processed from the petroleum and natural gas. Primary petrochemical like benzene and ethylene are made directly from the fossil fuels. They are usually sold to the other chemical plants so that they can be used to form secondary petrochemicals. They are usually produced in oil refineries and chemical plants in large quantities. Aromatics and olefins are the most common petrochemical classes.
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Primary Petrochemicals Market Scope and Size:
• Based on type, the primary petrochemicals market is segmented into ethylene, propylene, butadiene, benzene, vinyl, styrene, methanol, gasoline, acetic acid and formaldehyde. Ethylene has been further segmented into polyethylene, ethyl benzene and ethylene oxide. Propylene has been further segmented into propylene oxide, polypropylene and polypropylene. Butadiene has been further segmented into polypropylene, polypropylene and butadiene. Benzene has been further segmented into cyclohexane, nitrobenzene and ethyl benzene. Styrene has been segmented into polystyrene, acrylonitrile butadiene styrene and unsaturated polyester resins.
• On the basis of application, the primary petrochemicals market is segmented into adhesives, polymers, paints and coatings, dyes, surfactants, rubber, plastics, and solvents.
• Based on manufacturing process, the primary petrochemicals market is segmented into fluid catalytic cracking and catalytic reforming.
• The primary petrochemicals market is also segmented on the basis of end-user into packaging, automobile, construction, electrical and electronics, aviation and consumer goods.
Some of the key questions answered in this report:
1. What are the key regional markets?
2. What is the structure of the Primary Petrochemicals Market and who are the key players?
3. What are the key opportunities of the market?
4. Who are the major players operating in the market?
5. Which region of the market is expected to witness the highest growth during the forecast period?
6. What is the growth rate of the market?
7. What is the application segment?
Primary Petrochemicals Market Country Level Analysis:
The countries covered in the primary petrochemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Primary Petrochemicals Market Share Analysis:
The Details analysis include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weakness, product launch, product width and breadth, application dominance.
Key Players:
• LyondellBasell Industries Holdings B.V.
• BASF SE
• Total
• Royal Dutch Shell
• China Petrochemical Corporation.
• DuPont
• Dow
• Reliance Industries Limited
• SABIC
• BP
• Chevron Phillips Chemical Company
• Formosa Plastics Corporation
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Competitive Landscape
Chapter Seven: Drivers, Restraints, Challenges, and Opportunities
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