Petrochemicals Market 2028 by Type, Application, End-Use Industries and Geography | The Insight Partners

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Petrochemicals Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Benzene, Xylene, Ethylene, Propylene, Styrene, Others); Application (Polymer, Paints and Coatings, Solvent, Rubber, Adhesives, Surfactants, Others); End-Use Industries (Packaging, Automotive, Construction, Electrical and Electronics, Healthcare) and Geography

Report Code: TIPRE00008125 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming


Petrochemicals are obtained from petroleum through refining process. Some other chemical compounds prepared from petroleum can also be obtained from other fossil fuels, including coal or natural gas and renewable sources such as maize, palm fruit, and sugar cane. Highly available petrochemicals in the market are olefins (ethylene and propylene) and aromatics (benzene, toluene, and xylene isomers). Olefins and aromatics are the building-blocks for a wide range of materials including solvents, detergents, and adhesives. Olefins are used as a base for polymers and oligomers, which are used in plastics, resins, fibers, elastomers, lubricants, and gels.


The petrochemicals market has witnessed a significant growth owing to factors such as wider application of petrochemicals in packaging, automotive, construction, electrical & electronics, and helthcare industries. Many polymers are used in the manufacturing of different types of plastic components, which finds applicationsin the automotive industries. This factor is driving the market for petrochemicals. Furthermore, increasing use of polymeric resins in the manufacturing of automotive components is expected to fuel the demand for polymers, which in turn will influence the market growth of petrochemicals. However, fluctuating prices of raw materials can be a challenge to the growth of this market. On the contrary, steady growth in the automotive, chemical, and construction industry will provide the opportunity for the market players to invest in the petrochemicals market.


The "Global Petrochemicals Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the petrochemicals market with detailed market segmentation by type, application, end-use industries, and geography. The global petrochemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading petrochemicals market players and offers key trends and opportunities in the market.


The global petrochemicals market is segmented on the basis of type, application, and end-use industries. On the basis of type, the petrochemicals market is segmented into benzene, xylene, ethylene, propylene, styrene, and others. The petrochemicals market on the basis of the application is classified into polymer, paints and coatings, solvent, rubber, adhesives, surfactants, and others. Based on end-use industries, petrochemicals market is bifurcated into packaging, automotive, construction, electrical and electronics, and healthcare.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global petrochemicals market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The petrochemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the petrochemicals market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the petrochemicals market in these regions.

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The reports cover various key developments in the global petrochemicals market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from petrochemicals market are anticipated to lucrative growth opportunities in the future with the rising demand for petrochemicals in the global market. Below mentioned is the list of few companies engaged in the petrochemicals market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the petrochemicals market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •  BASF SE
  •  British Petroleum Plc
  •  Chevron Corporation
  •  China National Petroleum Corporation
  •  China National Petroleum Corporation
  •  DuPont de Nemours, Inc.
  •  ExxonMobil Corporation
  •  INEOS Group Ltd.
  •  Royal Dutch Shell PLC
  •  The Dow Chemical Company

The Insight Partner's dedicated research and analysis petrochemicalsm consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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The List of Companies

2. British Petroleum Plc
3. Chevron Corporation
4. China National Petroleum Corporation
5. China National Petroleum Corporation
6. DuPont de Nemours, Inc.
7. ExxonMobil Corporation
8. INEOS Group Ltd.
9. Royal Dutch Shell PLC
10. The Dow Chemical Company
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