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Steam Cracker Market | Valuates Reports
Steam Cracker Market | Valuates ReportsThe global Steam Cracker market is projected to reach US million by 2028 from an estimated US million in 2022, at a CAGR of % during 2023 and 2028.
The petrochemical sector, which produces a wide range of chemicals and polymers for a wide range of uses, is not complete without the steam cracker. Petrochemical demand is being fueled by the expansion of sectors including plastics, automotive, construction, textiles, and packaging. As a result, there is a rising need for steam crackers to create important feedstocks like ethylene and propylene, which serve as these goods' fundamental building blocks. The steam cracking industry was significantly impacted by the shale gas revolution, especially in nations like the US.
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Segment by Type
• CBL Type Steam Cracker
• SRT Type Steam Cracker
• USC Type Steam Cracker
Segment by Application
• Chemical Industry
• Oil Industry
• Others
By Company
• PRefChem
• Schmidt + Clemens
• Linde Engineering
• Axens
• WISON
• Supezet
• Lummus Technology
• CNPC
• Dow Chemical Company
• Shell Plc
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