Global Petrochemicals Market Characteristics

The petrochemicals market size is expected to reach $560 billion by 2022, significantly growing at a CAGR of around 0.5% during the forecast period.

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Global Petrochemicals market Report 2019 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the Global Petrochemicals market.

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Where is the largest and fastest growing market for Global Petrochemicals market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Global Petrochemicals market report from The Business Research Company answers all these questions and many more.

The report covers the Global Petrochemicals market characteristics, Global Petrochemicals market size and growth, Global Petrochemicals market segmentation, regional and country breakdowns, Global Petrochemicals market competitive landscape, Global Petrochemicals market shares, and trends and strategies for the industry. It traces the market’s historic and forecast Global Petrochemicals market growth by geography. It places the market within the context of the wider Global Petrochemicals market, and compares it with other markets.

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Major players in the Global Petrochemicals market included in the report are Saudi Basic Industries Corporation (SABIC), Sinopec, Royal Dutch Shell Plc, LyondellBasell Industries, INEOS AG.

The global market is further segmented based on type and geography.

By Type - The market is segmented into ethylene-petrochemicals, propylene-petrochemicals, benzene-petrochemicals, xylene, styrene-petrochemicals, toluene, cumene, others - petrochemicals. Among these segments, ethylene-petrochemicals market accounts for the largest share in the global petrochemicals market.

By Geography - The global market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific accounted for the largest region in the global petrochemicals market.

With stability in oil prices and growing demand of petrochemicals in end user industries, the scope and potential for the global petrochemicals market is expected to significantly rise in the forecast period.

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