Global Petrochemicals Market Growth 2025-2031
Description
The global Petrochemicals market size is predicted to grow from US$ 769580 million in 2025 to US$ 1017940 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Petrochemicals (also known as petroleum distillates) are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn, palm fruit or sugar cane.
Currently, Asia-Pacific is the largest market for the petrochemicals having accounted for more than half of the global market size, by volume, in 2017. Among all the countries, China & India dominated the basic polymers market in 2017 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.
LP Information, Inc. (LPI) ' newest research report, the “Petrochemicals Industry Forecast” looks at past sales and reviews total world Petrochemicals sales in 2024, providing a comprehensive analysis by region and market sector of projected Petrochemicals sales for 2025 through 2031. With Petrochemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Petrochemicals industry.
This Insight Report provides a comprehensive analysis of the global Petrochemicals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Petrochemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Petrochemicals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petrochemicals and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Petrochemicals.
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:
Ethylene
Propylene
Benzene
Butadiene
Xylenes
Toluene
Segmentation by Application:
Construction
Packaging
Automotive
Electrical & Electronics
Aerospace
Consumer Goods
Others
This report also splits the market by region:
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 below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
LyondellBasell
BASF
Total
Royal Dutch Shell
Sinopec
DowDupont
Reliance Industries
Sabic
British Petroleum
Chevron Phillips
Formosa Plastics
China National Petroluem Corporation
Exxonmobil
Ineos
Key Questions Addressed in this Report
What is the 10-year outlook for the global Petrochemicals market?
What factors are driving Petrochemicals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Petrochemicals market opportunities vary by end market size?
How does Petrochemicals break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Petrochemicals (also known as petroleum distillates) are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn, palm fruit or sugar cane.
Currently, Asia-Pacific is the largest market for the petrochemicals having accounted for more than half of the global market size, by volume, in 2017. Among all the countries, China & India dominated the basic polymers market in 2017 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.
LP Information, Inc. (LPI) ' newest research report, the “Petrochemicals Industry Forecast” looks at past sales and reviews total world Petrochemicals sales in 2024, providing a comprehensive analysis by region and market sector of projected Petrochemicals sales for 2025 through 2031. With Petrochemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Petrochemicals industry.
This Insight Report provides a comprehensive analysis of the global Petrochemicals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Petrochemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Petrochemicals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petrochemicals and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Petrochemicals.
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:
Ethylene
Propylene
Benzene
Butadiene
Xylenes
Toluene
Segmentation by Application:
Construction
Packaging
Automotive
Electrical & Electronics
Aerospace
Consumer Goods
Others
This report also splits the market by region:
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 below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
LyondellBasell
BASF
Total
Royal Dutch Shell
Sinopec
DowDupont
Reliance Industries
Sabic
British Petroleum
Chevron Phillips
Formosa Plastics
China National Petroluem Corporation
Exxonmobil
Ineos
Key Questions Addressed in this Report
What is the 10-year outlook for the global Petrochemicals market?
What factors are driving Petrochemicals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Petrochemicals market opportunities vary by end market size?
How does Petrochemicals break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
112 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Petrochemicals by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Petrochemicals by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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