Global Petrochemicals Market Research Report 2015-2025
Posted by Prachiti Sharma on February 1st, 2021
Bharat Book Bureau Provides the Trending Market Research Report on “Global Petrochemicals Market: By Type (C1 Derivatives, C2 Derivatives, C3 Derivatives, C4 Derivatives, Aromatics, Others), By End Use (Packaging and Construction, Fuel and Fuel Additives, Automotive and Consumer Durables, Pharmaceutical and Agrochemicals and Others), By Region, By Company Competition, Forecast & Opportunities, 2015-2025”under Chemical & Materials Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
The Global Petrochemicals Market has witnessed healthy growth between 2015-2019 and is estimated to grow at a CAGR of 4.80% during the forecast period. Growing penetration of petrochemical products across plethora of end-use industries such as packaging, automotive, consumer durables, textile and construction sectors is expected to drive the petrochemicals market growth until 2025.
Petrochemicals are omnipresent, with their usage increasing across our countless, daily life applications. Increasing demand for Methanol (obtained from C1 stream) for industrial applications like manufacturing formaldehyde, API formulations, dyes & intermediates, agrochemicals etc., and its growing adoption as a clean-burning fuel in transports is likely to spur the global petrochemicals demand in the forecast period. Growing demand for petrochemical products used in plastic packaging for food and other commercial products such as Polyethylene (C2 stream) and Polystyrene (aromatics) due to their inexpensive, lightweight and high-performance characteristics is expected to propel the market growth in the coming years.
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On the basis of type, C2 & C3 derivatives cumulatively held more than 48% of the global petrochemicals demand share in 2019. The sectoral demand is likely to trigger tremendous growth in the global petrochemicals industry due to their growing consumption across engineered plastics, medical plastics, packaging films and many other end-use industries, backed by intensive research & development initiatives by leading manufacturers across the globe.
Years Considered for this Report:
Historical Years: 2015 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2025
Objective of the Study:
• The primary objective of the study was to evaluate and forecast Petrochemicals capacity, production, demand, inventory, and demand–supply gap globally.
• To categorize Petrochemicals demand based on type, end use, region and company share.
• To evaluate and forecast Petrochemicals pricing globally.
• To identify and profile major companies operating globally Petrochemicals market.
• To identify dominant region or segment in the global Petrochemicals market.
• To identify drivers and challenges for global Petrochemicals market.
ChemAnalyst calculated Petrochemicals demand globally by analyzing the historical data and demand forecast which was carried out considering imported styrene prices, a monomer used for production of Petrochemicals. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience
• Petrochemicals manufacturers and other stakeholders
• Organizations, forums and alliances related to Petrochemicals distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
Report Scope:
In this report, the Global Petrochemicals market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, by Type : C1 Derivatives, C2 Derivatives, C3 Derivatives, C4 Derivatives, Aromatics, Others
• Market, by End Use : Packaging and Construction, Fuel and Fuel Additives, Automotive and Consumer Durables, Pharmaceutical and Agrochemicals and Others
• Market, by Region : North America, APAC, Europe, MEA, South America
Market, by Region
• North America : United States, Mexico, Canada
• APAC : China, India, Japan, South Korea, Taiwan, Australia, Thailand
• Europe : Germany, France, United Kingdom, Spain, Italy
• MEA : Saudi Arabia, UAE, Iran, South Africa
• South America : Brazil, Argentina, Colombia
Competitive Landscape
ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
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