Petrochemicals Market Grow At Robust Rate During The Forecast Period 2021-2025

Petrochemicals Market Opportunities And Strategies - Global Forecast To 2030

Petrochemicals Market Characteristics:

The global petrochemicals market reached a value of nearly $456.5 billion in 2019, having increased at a compound annual growth rate (CAGR) of 3.7% since 2015. The market is expected to grow slightly from $430.96 billion in 2021 to $431.01 in 2023 at a CAGR of 0.01%. The market is expected to stabilize and reach $453.6 billion in 2025 and $506.1 billion in 2030.

The petrochemicals market’s segmentsBy Type

1. Ethylene 2. Propylene 3. Benzene 4. Xylene 5. Styrene 6. Toluene 7. Cumene

By End Users

1. Textile 2. Furniture 3. Paints And Coatings 4.Pharmaceutic als

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Petrochemicals Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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Major Key Players Major companies in the market include

BASF SE

Shell

Castrol

Repsol

Nocil Limited

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▪ Benchmark performance against key competitors of the market.

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