Petrochemicals Market Insights, Analysis, Size, Share, Demand 2023-2032 | JXTG Holdings Inc., Saudi Basic Industries Corporation (SABIC), Sinopec Limited, Royal Dutch Shell, Reliance Industries Limited

The Petrochemicals Global Market Report 2023, provides comprehensive information on the petrochemicals market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/petrochemicals-global-market-report

As per The Business Research Company’s Petrochemicals Global Market Report 2023, the global petrochemicals market grew from $671.57 billion in 2022 to $693.3 billion in 2023 at a compound annual growth rate (CAGR) of 3.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The petrochemicals market is expected to grow to $786.74 billion in 2027 at a CAGR of 3.2%.

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The Petrochemicals Market Is Segmented:

Petrochemicals Market By Type

Ethylene-Petrochemicals
Propylene-Petrochemicals
Benzene-Petrochemicals
Xylene
Styrene-Petrochemicals
Toluene
Cumene
Other Petrochemicals

Petrochemicals Market By Application

Polymers
Paints & Coatings
Solvents
Rubber
Adhesives & Sealants
Surfactants
Pigments & Dyes
Fibers & Fabrics
Other Applications

Petrochemicals Market By End Userr Industry

Construction
Packaging
Automotive & Transportation
Healthcare
Electrical & Electronics
Other End-User Industries

Asia-Pacific was the largest region in the petrochemicals market in 2022.

The table of contents in TBRC’s petrochemicals market report includes:

Executive Summary
Report Structure
Petrochemicals Market Characteristics
Petrochemicals Market Product Analysis
Petrochemicals Market Supply Chain

Key Mergers And Acquisitions In The Petrochemicals Market
Market Background: Chemicals By End Use Market
Recommendations
Appendix
Copyright And Disclaimer

Top 5 Major Key Players Are:

JXTG Holdings Inc
Saudi Basic Industries Corporation (SABIC)
Sinopec Limited
Royal Dutch Shell
Reliance Industries Limited

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