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Petrochemicals Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 to 2023
Aug 14, 2019 (AmericaNewsHour) --

Global Petrochemicals Market: Information by Type (Ethylene, Propylene, Butadiene, Benzene, Toluene, Xylene, Methanol), Application (Polymer, Paints and Coatings, Solvent), End-Use Industry (Packaging, Automotive, Construction), Region--Forecast till 2023

The global petrochemicals market is relied upon to enlist a CAGR of 8.06% to stretch around USD 943.5 billion before the end of 2023. Petrochemicals is a complex industrial sector affecting pretty much every circle of life. Petrochemicals are synthetic subsidiaries of oil and gas. The expanding interest for polymers in the automotive and packaging ventures is prevalently expected to drive the development of the global petrochemicals market as petrochemicals are broadly utilized in the assembling of an assortment of monomers, which are utilized for making polymers. In like manner, the expanding interest for paints and coatings over the globe is likewise anticipated to support the development of the global petrochemicals market during the conjecture time frame. Additionally, the rising interest for methanol in different end-use ventures is likewise expected to add to the development of the item showcase. Nonetheless, the developing ecological concerns and moving interest towards bio-based synthetic compounds are factors liable to hamper the worldwide market development during the figure time frame.


Market segmentation

The global petrochemicals market is segmented on the basis of its type, application, end-user, and regional demand. Based on its type, the market is segmented as Butadiene

Regional analysis

Geographically, the global petrochemicals market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Royal Dutch Shell PLC (The Netherlands), and China Petroleum & Chemical Corporation (China), BASF SE (Germany), LyondellBasell Industries Holdings B.V. (The Netherlands), TOTAL (France), Indian Oil Corporation Limited (India), Chevron Phillips Chemical Company (US), BP PLC (UK), Sumitomo Chemical Company (Japan), among others are some of the major players in the global petrochemicals market.


Table of Contents:

1 Executive Summary

6 Market Factor Analysis


Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation


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