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Global Petrochemical Market Research Report 2024
Synopsis
Petrochemicals are an essential part of commodities used in daily lives. They are used in various end-use industries, ranging from manufacturing to consumer goods. Petrochemicals are chemical compounds derived from petroleum and other hydrocarbons, which are obtained from crude oil and natural gas.
The global Petrochemical market was valued at US$ 673830 million in 2023 and is anticipated to reach US$ 950070 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
North American market for Petrochemical is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Petrochemical is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Petrochemical include BASF, British Petroleum, Chevron Phillips Chemical, CNPC, SINOPEC, DuPont, ExxonMobil, INEOS and LyondellBasell, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Petrochemical, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Petrochemical.
Report Scope
The Petrochemical market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Petrochemical market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Petrochemical manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BASF
British Petroleum
Chevron Phillips Chemical
CNPC
SINOPEC
DuPont
ExxonMobil
INEOS
LyondellBasell
Shell Global
SABIC
Dow
Segment by Type
Ethylene
Propylene
Butadiene
Benzene
Xylene
Toluene
Vinyls, Styrene
Methanol
Segment by Application
Automotive
Textile
Construction
Industrial
Medical
Pharmaceuticals
Electronics
Consumer Goods Industries
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Petrochemical manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Petrochemical by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Petrochemical in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Petrochemicals are an essential part of commodities used in daily lives. They are used in various end-use industries, ranging from manufacturing to consumer goods. Petrochemicals are chemical compounds derived from petroleum and other hydrocarbons, which are obtained from crude oil and natural gas.
The global Petrochemical market was valued at US$ 673830 million in 2023 and is anticipated to reach US$ 950070 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
North American market for Petrochemical is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Petrochemical is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Petrochemical include BASF, British Petroleum, Chevron Phillips Chemical, CNPC, SINOPEC, DuPont, ExxonMobil, INEOS and LyondellBasell, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Petrochemical, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Petrochemical.
Report Scope
The Petrochemical market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Petrochemical market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Petrochemical manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BASF
British Petroleum
Chevron Phillips Chemical
CNPC
SINOPEC
DuPont
ExxonMobil
INEOS
LyondellBasell
Shell Global
SABIC
Dow
Segment by Type
Ethylene
Propylene
Butadiene
Benzene
Xylene
Toluene
Vinyls, Styrene
Methanol
Segment by Application
Automotive
Textile
Construction
Industrial
Medical
Pharmaceuticals
Electronics
Consumer Goods Industries
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Petrochemical manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Petrochemical by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Petrochemical in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Petrochemical Market Overview
1.1 Product Definition
1.2 Petrochemical Segment by Type
1.2.1 Global Petrochemical Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Ethylene
1.2.3 Propylene
1.2.4 Butadiene
1.2.5 Benzene
1.2.6 Xylene
1.2.7 Toluene
1.2.8 Vinyls, Styrene
1.2.9 Methanol
1.3 Petrochemical Segment by Application
1.3.1 Global Petrochemical Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Textile
1.3.4 Construction
1.3.5 Industrial
1.3.6 Medical
1.3.7 Pharmaceuticals
1.3.8 Electronics
1.3.9 Consumer Goods Industries
1.4 Global Market Growth Prospects
1.4.1 Global Petrochemical Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Petrochemical Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Petrochemical Production Estimates and Forecasts (2019-2030)
1.4.4 Global Petrochemical Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Petrochemical Production Market Share by Manufacturers (2019-2024)
2.2 Global Petrochemical Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Petrochemical, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Petrochemical Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Petrochemical Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Petrochemical, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Petrochemical, Product Offered and Application
2.8 Global Key Manufacturers of Petrochemical, Date of Enter into This Industry
2.9 Petrochemical Market Competitive Situation and Trends
2.9.1 Petrochemical Market Concentration Rate
2.9.2 Global 5 and 10 Largest Petrochemical Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Petrochemical Production by Region
3.1 Global Petrochemical Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Petrochemical Production Value by Region (2019-2030)
3.2.1 Global Petrochemical Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Petrochemical by Region (2025-2030)
3.3 Global Petrochemical Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Petrochemical Production by Region (2019-2030)
3.4.1 Global Petrochemical Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Petrochemical by Region (2025-2030)
3.5 Global Petrochemical Market Price Analysis by Region (2019-2024)
3.6 Global Petrochemical Production and Value, Year-over-Year Growth
3.6.1 North America Petrochemical Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Petrochemical Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Petrochemical Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Petrochemical Production Value Estimates and Forecasts (2019-2030)
4 Petrochemical Consumption by Region
4.1 Global Petrochemical Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Petrochemical Consumption by Region (2019-2030)
4.2.1 Global Petrochemical Consumption by Region (2019-2024)
4.2.2 Global Petrochemical Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Petrochemical Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Petrochemical Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Petrochemical Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Petrochemical Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Petrochemical Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Petrochemical Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Petrochemical Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Petrochemical Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Petrochemical Production by Type (2019-2030)
5.1.1 Global Petrochemical Production by Type (2019-2024)
5.1.2 Global Petrochemical Production by Type (2025-2030)
5.1.3 Global Petrochemical Production Market Share by Type (2019-2030)
5.2 Global Petrochemical Production Value by Type (2019-2030)
5.2.1 Global Petrochemical Production Value by Type (2019-2024)
5.2.2 Global Petrochemical Production Value by Type (2025-2030)
5.2.3 Global Petrochemical Production Value Market Share by Type (2019-2030)
5.3 Global Petrochemical Price by Type (2019-2030)
6 Segment by Application
6.1 Global Petrochemical Production by Application (2019-2030)
6.1.1 Global Petrochemical Production by Application (2019-2024)
6.1.2 Global Petrochemical Production by Application (2025-2030)
6.1.3 Global Petrochemical Production Market Share by Application (2019-2030)
6.2 Global Petrochemical Production Value by Application (2019-2030)
6.2.1 Global Petrochemical Production Value by Application (2019-2024)
6.2.2 Global Petrochemical Production Value by Application (2025-2030)
6.2.3 Global Petrochemical Production Value Market Share by Application (2019-2030)
6.3 Global Petrochemical Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Petrochemical Corporation Information
7.1.2 BASF Petrochemical Product Portfolio
7.1.3 BASF Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 British Petroleum
7.2.1 British Petroleum Petrochemical Corporation Information
7.2.2 British Petroleum Petrochemical Product Portfolio
7.2.3 British Petroleum Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.2.4 British Petroleum Main Business and Markets Served
7.2.5 British Petroleum Recent Developments/Updates
7.3 Chevron Phillips Chemical
7.3.1 Chevron Phillips Chemical Petrochemical Corporation Information
7.3.2 Chevron Phillips Chemical Petrochemical Product Portfolio
7.3.3 Chevron Phillips Chemical Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Chevron Phillips Chemical Main Business and Markets Served
7.3.5 Chevron Phillips Chemical Recent Developments/Updates
7.4 CNPC
7.4.1 CNPC Petrochemical Corporation Information
7.4.2 CNPC Petrochemical Product Portfolio
7.4.3 CNPC Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.4.4 CNPC Main Business and Markets Served
7.4.5 CNPC Recent Developments/Updates
7.5 SINOPEC
7.5.1 SINOPEC Petrochemical Corporation Information
7.5.2 SINOPEC Petrochemical Product Portfolio
7.5.3 SINOPEC Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SINOPEC Main Business and Markets Served
7.5.5 SINOPEC Recent Developments/Updates
7.6 DuPont
7.6.1 DuPont Petrochemical Corporation Information
7.6.2 DuPont Petrochemical Product Portfolio
7.6.3 DuPont Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.6.4 DuPont Main Business and Markets Served
7.6.5 DuPont Recent Developments/Updates
7.7 ExxonMobil
7.7.1 ExxonMobil Petrochemical Corporation Information
7.7.2 ExxonMobil Petrochemical Product Portfolio
7.7.3 ExxonMobil Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ExxonMobil Main Business and Markets Served
7.7.5 ExxonMobil Recent Developments/Updates
7.8 INEOS
7.8.1 INEOS Petrochemical Corporation Information
7.8.2 INEOS Petrochemical Product Portfolio
7.8.3 INEOS Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.8.4 INEOS Main Business and Markets Served
7.7.5 INEOS Recent Developments/Updates
7.9 LyondellBasell
7.9.1 LyondellBasell Petrochemical Corporation Information
7.9.2 LyondellBasell Petrochemical Product Portfolio
7.9.3 LyondellBasell Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.9.4 LyondellBasell Main Business and Markets Served
7.9.5 LyondellBasell Recent Developments/Updates
7.10 Shell Global
7.10.1 Shell Global Petrochemical Corporation Information
7.10.2 Shell Global Petrochemical Product Portfolio
7.10.3 Shell Global Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shell Global Main Business and Markets Served
7.10.5 Shell Global Recent Developments/Updates
7.11 SABIC
7.11.1 SABIC Petrochemical Corporation Information
7.11.2 SABIC Petrochemical Product Portfolio
7.11.3 SABIC Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.11.4 SABIC Main Business and Markets Served
7.11.5 SABIC Recent Developments/Updates
7.12 Dow
7.12.1 Dow Petrochemical Corporation Information
7.12.2 Dow Petrochemical Product Portfolio
7.12.3 Dow Petrochemical Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Dow Main Business and Markets Served
7.12.5 Dow Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Petrochemical Industry Chain Analysis
8.2 Petrochemical Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Petrochemical Production Mode & Process
8.4 Petrochemical Sales and Marketing
8.4.1 Petrochemical Sales Channels
8.4.2 Petrochemical Distributors
8.5 Petrochemical Customers
9 Petrochemical Market Dynamics
9.1 Petrochemical Industry Trends
9.2 Petrochemical Market Drivers
9.3 Petrochemical Market Challenges
9.4 Petrochemical Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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