PUBLISHER: IMARC | PRODUCT CODE: 1519524
PUBLISHER: IMARC | PRODUCT CODE: 1519524
Petrochemicals Market Report by Type, Application, End Use Industry, and Region 2024-2032
The global petrochemicals market size reached US$ 616.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 949.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. Fluctuations in crude oil prices are influencing production costs and pricing strategies. The escalating demand from industries like automotive, construction, and packaging, along with stringent environmental regulations and sustainability concerns, and advancements in technology, are propelling the market growth.
Petrochemicals Market Analysis:
Major Market Drivers: Global crude oil price fluctuations directly affect production costs and pricing strategies in the petrochemical sector, influencing the market growth. The surging demand for petrochemical products across diverse industries also represent the key factors driving the market growth.
Key Market Trends: The shift toward sustainability, with increasing emphasis on reducing environmental impact and developing eco-friendly alternatives to traditional petrochemical products, is shaping innovation, regulatory compliance, and market offerings in the sector.
Geographical Trends: The Asia Pacific region dominates the petrochemicals market, driven by rapid urbanization, industrialization, and the expanding middle class. Technological advancements and strategic investments in infrastructure and industrial capabilities are further driving growth.
Competitive Landscape: Some of the major market players in the petrochemicals industry include BASF SE, Chevron Corporation, China National Petroleum Corporation, China Petrochemical Corporation, DuPont de Nemours Inc., Exxon Mobil Corporation, Formosa Plastics Corporation, Indian Oil Corporation Limited, INEOS Group Ltd., LyondellBasell Industries N.V., Reliance Industries Limited, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Shell plc, Sumitomo Chemical Co. Ltd., and TotalEnergies SE, among many others.
Challenges and Opportunities: The sector faces challenges such as volatility of raw material prices and stringent environmental regulations. On the other hand, innovation in sustainable practices and materials represent the key opportunities for market players.
Petrochemicals Market Trends/Drivers:
Fluctuations in crude oil prices
The global petrochemicals market is influenced by changes in the price of crude oil, the primary feedstock for these products, as fluctuations in the prices of crude oil directly impact petrochemical production costs and profitability. In 2012, the crude oil price per cubic meter was about US$ 702 and decreased to about US$ 637 per cubic meter in 2022 (Energy Institute and Our World in Data). When oil prices rise, it often leads to increased production costs for petrochemical manufacturers, which can result in higher prices for end products. Conversely, during periods of lower oil prices, production costs tend to decrease, potentially leading to more competitive pricing.
Furthermore, global organizations also affect oil prices by influencing supply and demand. For example, the Organization of the Petroleum Exporting Countries, or the OPEC can establish production levels for its members. In 2021, OPEC members owned 72% of the proved crude oil reserves and 37% of the crude oil production. These factors underscore the need for petrochemical companies to closely monitor and adapt to changing oil market conditions. Moreover, it highlights the importance of risk management strategies, such as hedging, to mitigate the adverse effects of price volatility.
Surging product demand across industries
The demand from various sectors, including automotive, construction, and packaging is influencing the global petrochemicals market outlook. In the automotive industry, petrochemicals are crucial for manufacturing plastics, rubber, and synthetic fibers used in vehicle components. In packaging, on the other hand, plastics derived from petrochemicals are used for creating lightweight, durable, and cost-effective packaging solutions. At present, plastic packaging accounts for more than 17% of the global petrochemical production as per the Rocky Mountain Institute (RMI). Similarly, the construction sector relies on petrochemicals for materials like PVC pipes and insulation. According to Deloitte Insights, the US market for advanced construction petrochemicals could grow by 32% by 2025. Advanced economies, like the United States and Europe, use up to 20 times as much plastic as developing economies, like India and Indonesia
Environmental regulations and sustainability concerns
As both governments and consumers push for cleaner and more sustainable practices in the petrochemicals industry, companies are under pressure to reduce their environmental footprint, minimize greenhouse gas emissions, reduce energy consumption, and develop eco-friendly alternatives to traditional petrochemical products. To comply with stringent regulations and the adoption of sustainable practices, companies in the petrochemical sector are investing in research and development (R&D) activities to innovate and create greener solutions while also ensuring that their operations adhere to evolving environmental standards. For instance, Sumitomo Chemical, a major Japanese chemical company, is establishing a new, environmentally-friendly method for producing propylene directly from ethanol. The company is building a pilot plant to test the technology as a Green Innovation Fund Project, which is expected to be commercialized by 2025.
Petrochemicals Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global petrochemicals market report, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, application, and end use industry.
Breakup by Type:
Ethylene
Propylene
Butadiene
Benzene
Toluene
Xylene
Methanol
Others
Ethylene represents the leading petrochemical type
The report has provided a detailed breakup and analysis of the market based on the type. This includes ethylene, propylene, butadiene, benzene, toluene, xylene, methanol, and others. According to the report, ethylene represented the largest segment.
The global production capacity of ethylene was 223.86 million metric tons in 2022, and is influenced by the fluctuations in crude oil prices. The demand for ethylene is reliant on various downstream industries as well, such as plastics, chemicals, and packaging materials, which fluctuates with growth in these downstream sectors or shifts in consumer preferences.
Environmental regulations and sustainability concerns are driving the demand for greener and more sustainable practices, which are encouraging innovation in ethylene production processes and the development of eco-friendly derivatives. For instance, a team of researchers led by a University of Cincinnati professor developed a more efficient way to turn carbon dioxide, a greenhouse gas, into ethylene using a special copper catalyst to improve the conversion process. Such technological advancements in ethylene production also play a significant role in improving efficiency and cost-effectiveness.
Breakup by Application:
Polymers
Paints and Coatings
Solvents
Rubber
Adhesives and Sealants
Surfactants and Dyes
Others
Polymers dominate the market
The report has provided a detailed breakup and analysis of the market based on the application. This includes polymers, paints and coatings, solvents, rubber, adhesives and sealants, surfactants and dyes, and others. According to the report, polymers represented the largest segment.
The increasing demand for lightweight and durable materials across the automotive, packaging, and construction industries is driving the growth of the polymers segment. The global plastic polymer production reached 460 million ton per year in 2019, doubling from 2000 output. As per the Global Plastics Outlook by OECD, it is anticipated to almost triple from 2019 levels by 2050. The versatility of polymers in creating a wide range of products, ranging from plastics to synthetic fibers, makes them indispensable in modern manufacturing.
Environmental concerns are also influencing the adoption of sustainable and bio-based polymers, driven by stringent regulations and consumer preferences for eco-friendly alternatives. In 2023, an estimated 2.2 million tons of bioplastic was produced worldwide and it is projected to reach 7.4 million tons in 2028, as per findings by European Bioplastics e.V.
Advancements in polymer chemistry and manufacturing processes are enhancing product quality and expanding application possibilities. Research and development (R&D) efforts are driving innovation in polymers, creating opportunities for novel materials with improved properties. Economic conditions and global trade are also influencing supply chains and pricing strategies.
Breakup by End Use Industry:
Packaging
Automotive and Transportation
Construction
Electrical and Electronics
Healthcare
Others
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes packaging, automotive and transportation, construction, electrical and electronics, healthcare, and others.
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific exhibits a clear dominance, accounting for the largest petrochemicals market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
The growth in the Asia Pacific region is driven by rapid urbanization and population expansion, which has spurred demand for infrastructure development, housing, and consumer goods, leading to increased industrial activity and investment. The burgeoning middle class in the region is driving consumerism, creating demand for products and services across diverse industries. As per the UNDP, the middle-class population in the region is projected to comprise two-thirds of the global middle class by 2030. The Asia Pacific has an expanding tech ecosystem, with countries like China and India emerging as global tech hubs, attracting investment and fostering innovation. Favorable government policies, trade agreements, and foreign direct investment are furthermore driving economic expansion. The region's strategic geographical location makes it a key player in global trade, benefiting from the growth of international commerce. The market is also being supported by expanding demand for petrochemicals in the region. In China, for instance, the demand for petrochemical feedstocks was much higher in 2023 than in 2019 as per the International Energy Agency (IEA). On the other hand, India is investing in expanding its refining capacity on account of the rising demand fuel and petrochemicals, driven by rapid economic growth in the country.
Competitive Landscape:
The global petrochemicals market is highly competitive with intense rivalry among key industry players. The leading companies engage in continuous research and development (R&D) efforts to innovate and introduce new, high-value products, as well as investments in advanced technologies to enhance production efficiency. Companies also focus on diversifying their product portfolios to cater to a broad spectrum of industries and end-users, reducing reliance on established market segments.
Sustainability measures including the creation of environmentally friendly replacements and compliance with strict environmental policies are critical factors in determining competitiveness. Furthermore, business partnerships, acquisitions, and mergers have a vital impact on expanding market access and competition. A case in point was the signing of the agreement between QatarEnergy, a state-owned petroleum company of Qatar, and Chevron Phillips Chemical Company LLC, a petrochemical company jointly owned by Chevron Corporation and Phillips 66 in the United States, to construct the Ras Laffan Petrochemicals Complex for $6 billion.
The market research report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the petrochemicals industry include BASF SE, Chevron Corporation, China National Petroleum Corporation, China Petrochemical Corporation, DuPont de Nemours Inc., Exxon Mobil Corporation, Formosa Plastics Corporation, Indian Oil Corporation Limited, INEOS Group Ltd., LyondellBasell Industries N.V., Reliance Industries Limited, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Shell plc, Sumitomo Chemical Co. Ltd., TotalEnergies SE, etc.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Recent Developments:
China Petroleum & Chemical Corporation (Sinopec) set up a new unit in September 2023 to invest in overseas petrochemical and refining assets. The new company, known as Sinopec Overseas Investment Holding, is an effort by Sinopec to use its resources and experience to expand internationally as domestic oil demand in China approaches a point of saturation.
Saudi Aramco announced an agreement with North Huajin Chemical and Panjin Xincheng in March 2023 to begin construction of a petrochemical and refinery complex in Liaoning province in China.
India's Hindustan Petroleum Corp (HPCL) announced its plans to start its 9 million ton-a-year Barmer refinery and petrochemical project in Rajasthan state by January 2024.
Key Questions Answered in This Report
- 1. What was the size of the global petrochemicals market in 2023?
- 2. What is the expected growth rate of the global petrochemicals market during 2024-2032?
- 3. What are the key factors driving the global petrochemicals market?
- 4. What has been the impact of COVID-19 on the global petrochemicals market?
- 5. What is the breakup of the global petrochemicals market based on the type?
- 6. What is the breakup of the global petrochemicals market based on the application?
- 7. What are the key regions in the global petrochemicals market?
- 8. Who are the key players/companies in the global petrochemicals market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Petrochemicals Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Ethylene
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Propylene
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Butadiene
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Benzene
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Toluene
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Xylene
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Methanol
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
- 6.8 Others
- 6.8.1 Market Trends
- 6.8.2 Market Forecast
7 Market Breakup by Application
- 7.1 Polymers
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Paints and Coatings
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Solvents
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Rubber
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Adhesives and Sealants
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Surfactants and Dyes
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Packaging
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Automotive and Transportation
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Construction
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Electrical and Electronics
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Healthcare
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 BASF SE
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Chevron Corporation
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 China National Petroleum Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 SWOT Analysis
- 14.3.4 China Petrochemical Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 DuPont de Nemours Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Exxon Mobil Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Formosa Plastics Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Indian Oil Corporation Limited
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 INEOS Group Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 LyondellBasell Industries N.V.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Reliance Industries Limited
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.13 Shell plc
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 Financials
- 14.3.13.4 SWOT Analysis
- 14.3.14 Sumitomo Chemical Co. Ltd.
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.14.3 Financials
- 14.3.14.4 SWOT Analysis
- 14.3.15 TotalEnergies SE
- 14.3.15.1 Company Overview
- 14.3.15.2 Product Portfolio
- 14.3.15.3 Financials
- 14.3.15.4 SWOT Analysis
- 14.3.1 BASF SE
List of Figures
- Figure 1: Global: Petrochemicals Market: Major Drivers and Challenges
- Figure 2: Global: Petrochemicals Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Petrochemicals Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Petrochemicals Market: Breakup by Type (in %), 2023
- Figure 5: Global: Petrochemicals Market: Breakup by Application (in %), 2023
- Figure 6: Global: Petrochemicals Market: Breakup by End Use Industry (in %), 2023
- Figure 7: Global: Petrochemicals Market: Breakup by Region (in %), 2023
- Figure 8: Global: Petrochemicals (Ethylene) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Petrochemicals (Ethylene) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Petrochemicals (Propylene) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Petrochemicals (Propylene) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Petrochemicals (Butadiene) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Petrochemicals (Butadiene) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Petrochemicals (Benzene) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Petrochemicals (Benzene) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Petrochemicals (Toluene) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Petrochemicals (Toluene) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Petrochemicals (Xylene) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Petrochemicals (Xylene) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Petrochemicals (Methanol) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Petrochemicals (Methanol) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Petrochemicals (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Petrochemicals (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Petrochemicals (Polymers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Petrochemicals (Polymers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Petrochemicals (Paints and Coatings) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Petrochemicals (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Petrochemicals (Solvents) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Petrochemicals (Solvents) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Petrochemicals (Rubber) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Petrochemicals (Rubber) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Petrochemicals (Adhesives and Sealants) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Petrochemicals (Adhesives and Sealants) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Petrochemicals (Surfactants and Dyes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Petrochemicals (Surfactants and Dyes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Petrochemicals (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Petrochemicals (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Global: Petrochemicals (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Global: Petrochemicals (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Global: Petrochemicals (Automotive and Transportation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Global: Petrochemicals (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Global: Petrochemicals (Construction) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Global: Petrochemicals (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Global: Petrochemicals (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Global: Petrochemicals (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Global: Petrochemicals (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Global: Petrochemicals (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Global: Petrochemicals (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Global: Petrochemicals (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: North America: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: North America: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: United States: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: United States: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Canada: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Canada: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Asia-Pacific: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Asia-Pacific: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: China: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: China: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Japan: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Japan: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: India: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: India: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: South Korea: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: South Korea: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Australia: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Australia: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Indonesia: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Indonesia: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Europe: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Europe: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Germany: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Germany: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: France: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: France: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: United Kingdom: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: United Kingdom: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Italy: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Italy: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Spain: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Spain: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Russia: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 85: Russia: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Others: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 87: Others: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 88: Latin America: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 89: Latin America: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 90: Brazil: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 91: Brazil: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 92: Mexico: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 93: Mexico: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 94: Others: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 95: Others: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 96: Middle East and Africa: Petrochemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 97: Middle East and Africa: Petrochemicals Market: Breakup by Country (in %), 2023
- Figure 98: Middle East and Africa: Petrochemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 99: Global: Petrochemicals Industry: SWOT Analysis
- Figure 100: Global: Petrochemicals Industry: Value Chain Analysis
- Figure 101: Global: Petrochemicals Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Petrochemicals Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Petrochemicals Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Petrochemicals Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Petrochemicals Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
- Table 5: Global: Petrochemicals Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Petrochemicals Market: Competitive Structure
- Table 7: Global: Petrochemicals Market: Key Players
