Top 15 Petrochemicals Market Size is projected to reach 310.3 Million tons By 2021

 The Top 15 Petrochemicals Market is [232 Slides Report] divided into three sub parts, basic petrochemicals, basic intermediate chemicals and basic polymers. The basic petrochemicals market is projected to grow from 250.3 Million tons in 2016 to 310.3 Million tons by 2021, at a CAGR of 4.4% from 2016 to 2021. Rise in demand of commodity plastics in emerging economies in Southeast Asia and the Middle East. Moreover, rise in construction projects in these regions related to affordable housing is further expected to boost the demand of petrochemicals. Also, the growth in end-use industries such as automotive, packaging, electronics & electricals globally are driving the petrochemicals market.

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Browse 62 market data Tables and 85 Figures spread through 232 Slides and in-depth TOC on "Top 15 Petrochemicals Market"

Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Basic Petrochemicals Market

6 Intermediate Chemicals Market

7 Basic Polymers Market

8 Company Profiles

Polyethylene is also one of the important type of plastics, which is gaining momentum globally because of low oil prices. New variations of polyethylene such as ultra-high molecular weight PE and Cross linked PE are used in the market and are expected to grow at a significant pace.

Currently, Asia-Pacific is the largest market for the petrochemicals having accounted for more than half of the global market size, by volume, in 2016. Among all the countries, China & India dominated the basic polymers market in 2016 in terms of volume, closely followed by Japan. High economic growth rate, rising demand for construction products made up of plastics, growing health awareness applications, improving standards of living and competitive manufacturing costs are the main factors leading to the growth of the market for petrochemicals in this region.

Key companies operational in Top 15 Petrochemicals Market includes Lyondell Basell (Netherlands), Dow Chemicals Company (U.S.), SABIC (Saudi Arabia), Exxon Mobil (U.S.), and BP (U.K.)

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