Petrochemicals Market Global Potential Growth,Share,Demand and Analysis Of Key Players Forecasts to 2026

“Petrochemicals Market”
WiseGuyReports.Com Publish a New Market Research Report On –“ Petrochemicals Market Global Potential Growth,Share,Demand and Analysis Of Key Players Forecasts to 2026”.

 

Description:-

The petrochemicals market is anticipated to reach over USD 1,203.2 billion by 2026. In 2017, the ethylene segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

A significant growth in industries such as healthcare, automobile, construction, food and beverages, along with government initiatives and funding is expected to support the growth of this market. Other driving factors include abundance of raw materials in Middle East and favorable regulatory policies in Asia-Pacific. However, increasing environmental concerns, growing demand for bio-based chemicals, and price volatility of crude oil and natural gas are expected to restrict the growth of the market. Increasing demand from developing nations, and technological advancements are expected provide numerous growth opportunities to the market players during the forecast period.

 

Get a Sample Report@   https://www.wiseguyreports.com/sample-request/3695574-petrochemicals-market-by-product-type-propylene-benzene-ethylene

For more information or any query mail at sales@wiseguyreports.com

 

Petrochemicals are used in a wide range of applications in medical and healthcare sector. Phenol and Cumene are used for creation of a substance used for manufacturing of penicillin and aspirin. Petrochemical resins are used in drug purification, drug manufacturing for treatment of AIDS, cancer, and arthritis, development of artificial skin and limbs, and manufacturing of medical equipment such as bottles, and disposable syringes among others. In the food industry petrochemicals are used in manufacturing of food preservatives, chocolates and candies, and food coloring among others.

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The high economic growth in the region, growth in automotive and construction industries, and rising standards of living are expected to drive the market growth. Increasing disposable incomes in developing countries of this region, increasing applications of petrochemicals, and competitive manufacturing costs are further expected to support market growth. Rapid urbanization, and rising shale gas explorations in the region are expected to further provide growth opportunities during the forecast period.

The different types of petrochemicals include propylene, benzene, ethylene, butadiene, xylene, styrene, toluene, vinyls, methanol, and others. In 2017, ethylene accounted for the highest market share. However, adoption of methanol is expected to grow at the highest CAGR during the forecast period. The increasing demand of methanol for gasoline blending, and MTO (methanol to olefins) processes is expected to support its adoption in the coming years.

The well-known companies profiled in the report include include Royal Dutch Shell PLC, BASF SE, British Petroleum, The DOW Chemical Company, China National Petroluem Corporation, Chevron Corporation, ExxonMobil Corporation, LyondellBasell Industries Inc., INEOS Group Ltd., E. I. Dupont De Nemours & Company, Sabic, and Sinopec Ltd among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Enquiry About Report @  https://www.wiseguyreports.com/enquiry/3695574-petrochemicals-market-by-product-type-propylene-benzene-ethylene

 

Table Of Contents – Major Key Points

1. Overview and Scope 
    1.1. Research goal & scope 
    1.2. Research assumptions 
    1.3. Research Methodology 
      1.3.1. Primary data sources 
      1.3.2. Secondary data sources 
    1.4. Key take-away 
    1.5. Stakeholders 

2. Executive Summary 
    2.1. Market Definition 
    2.2. Market Segmentation 

3. Petrochemicals Market Insights 
    3.1. Petrochemicals – Industry snapshot 
    3.2. Petrochemicals – Ecosystem analysis 
    3.3. Petrochemicals Market Dynamics 
      3.3.1. Petrochemicals – Market Forces 
          3.3.1.1. Petrochemicals Market Driver Analysis 
          3.3.1.2. Petrochemicals Market Restraint/Challenges analysis 
          3.3.1.3. Petrochemicals Market Opportunity Analysis 
      3.3.2. Industry analysis – Porter’s five force 
          3.3.2.1. Bargaining power of supplier 
          3.3.2.2. Bargaining power of buyer 
          3.3.2.3. Threat of substitute 
          3.3.2.4. Threat of new entrant 
          3.3.2.5. Degree of competition 
      3.3.3. Petrochemicals Market PEST Analysis, 2017 
      3.3.4. Petrochemicals Market Value Chain Analysis 
      3.3.5. Petrochemicals Industry Trends 
      3.3.6. Competitive Ranking Analysis 

4. Petrochemicals Market Size and Forecast, 2017-2026 by Product Type 
    4.1. Key Findings 
    4.2. Propylene 
    4.3. Benzene 
    4.4. Ethylene 
    4.5. Butadiene 
    4.6. Xylene 
    4.7. Styrene 
    4.8. Toluene 
    4.9. Methanol 
    4.10. Vinyls 
    4.11. Others 

5. Petrochemicals Market Size and Forecast, 2017-2026 by Region 
    5.1. Key Findings 
    5.2. North America 
      5.2.1. U.S. 
      5.2.2. Canada 
      5.2.3. Mexico 
    5.3. Europe 
      5.3.1. Germany 
      5.3.2. UK 
      5.3.3. France 
      5.3.4. Italy 
      5.3.5. Rest of Europe 
    5.4. Asia-Pacific 
      5.4.1. China 
      5.4.2. India 
      5.4.3. Japan 
      5.4.4. Rest of Asia-Pacific 
    5.5. Latin America 
      5.5.1. Brazil 
    5.6. Middle East & Africa 

Continued……

Buy 1-user PDF @https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=3695574

ABOUT US:

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

Media Contact
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349
City: Pune
State: Maharashtra
Country: India
Website: www.wiseguyreports.com