Global Petrochemicals Market Growth 2022-2028

SKU ID : LPI-20420138 | Publishing Date : 08-Mar-2022 | No. of pages : 102

As the global economy mends, the 2021 growth of Petrochemicals will have significant change from previous year. According to our researcher latest study, the global Petrochemicals market size is USD million in 2022 from USD 659170 million in 2021, with a change of % between 2021 and 2022. The global Petrochemicals market size will reach USD 913510 million in 2028, growing at a CAGR of 4.8% over the analysis period.

The United States Petrochemicals market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Petrochemicals market, reaching US$ million by the year 2028. As for the Europe Petrochemicals landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.

Global main Petrochemicals players cover LyondellBasell, BASF, Total, and Royal Dutch Shell, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

This report presents a comprehensive overview, market shares, and growth opportunities of Petrochemicals market by product type, application, key manufacturers and key regions and countries.

Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6

Ethylene

Propylene

Benzene

Butadiene

Xylenes

Toluene

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.

Construction

Packaging

Automotive

Electrical & Electronics

Aerospace

Consumer Goods

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include

LyondellBasell

BASF

Total

Royal Dutch Shell

Sinopec

DowDupont

Reliance Industries

Sabic

British Petroleum

Chevron Phillips

Formosa Plastics

China National Petroluem Corporation

Exxonmobil

Ineos

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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