Top 15 Petrochemicals Market (Ethylene, Propylene, Benzene, Butadiene, Toluene, Xylenes, Ethylene Oxide, Propylene Oxide, Methanol, PE, PP, PVC, PS, PET, ABS), Applications, and Region - Global Forecast to 2021

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Date: 31-Mar-2017
No. of pages: 232
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“The high-growth application areas such as packaging, construction and automotive  are driving the consumption of petrochemicals market“

The top 15 petrochemicals report is divided into three sub parts, basic petrochemicals, basic intermediate chemicals and basic polymers. The basic petrochemicals market was estimated at 2,50,328.0 kilotons and is projected to reach 3,10,365.2 kilotons by 2021 growing at a CAGR of 4.4% from 2016 to 2021. The general drivers of the market are rise in demand of commodity plastics in developing economies such as South East Asian countries along with parts of Middle East. Also growth in end use industries such as automotive, packaging, electronics & electricals globally are driving the demand of petrochemicals market. While plastic recycling, stringent regulations in Europe and North America on use of sustainable plastic are some of the restrain to the market

“Xylenes is projected to be the fastest growing basic petrochemical”

Xylenes is a colorless liquid and most important commercially important petrochemicals. It is almost 100% used as an intermediate in manufacturing of polyester (via Purified terephthalic acid (PTA) and DMT (Dimethyl Terephthalate). The xylenes market is projected to grow at a strong 6% CAGR driven by rise in polyester fiber (fibers, fabrics and floor coverings) & polyester resins for beverage containers. Exxon Mobil is the largest producer of xylenes in the world having operations in North America, Western Europe and South East Asia. JX Nippon (Japan), Reliance Industries (India), and BP (UK), LyondellBasell (Switzerland) are some of the other large players in the xylenes market globally. The demand for Para xylene is expected to rise in U.S. because of commencement of new derivative plant by Mossi and Ghisolfi (M&G), which is expected to start in second quarter, in Texas. The plant will have a capacity of 1.3m ton/year PTA and 1.1m ton/year PET.

“Asia-Pacific, the fastest growing market for petrochemicals”

Asia-Pacific is estimated to be the fastest-growing market for petrochemicals. The growth of the market in the region is attributed to expansion of production capacity, high demand for end-use products, and others. On the other hand, the matured markets of North America and Europe would witness slow growth as high as compared to Asia-Pacific. These markets are becoming saturated as companies are shifting their manufacturing bases to low cost countries such as India, Malaysia, China among others.

With the recent expansion activities by key players in the Asia-Pacific region; the demand for petrochemicals in this region is projected to register the highest CAGR between 2016 and 2021.

In the process of determining and verifying the market size for the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:


  • By Company Type: Tier 1 (34%), Tier 2 (33%), and Tier 3 (33%).

  • By Designation: C-level (12%), Director Level (25%), and Others (63%).

  • By Region: North America (11%), Europe (11%), Asia-Pacific (56%), Middle East & Africa (11%), and Latin America (11%)


Various key players profiled in the report include Lyondell Basell (Switzerland), SABIC (Saudi Arabia), BP (UK), Exxon Mobil (U.S.), Dow (U.S.), INEOS (U.S.), BASF (Germany), Reliance Industries (India), Total SA (France) among others.

This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided under three categories: By Company; By Designation; and By Region.

Research Coverage:

This report covers the top 15 petrochemicals  market in terms of volume till 2026. The report includes the market segmentation based on region and application for each petrochemical.

It also provides company profiles and competitive strategies adopted by the key market players in the global petrochemical market.

Reasons to buy this report:

This research report is focused on various levels of analysis—industry trends, market share analysis of key players, supply chain analysis, and company profiles, which together comprise and discuss the overall views on the competitive landscape; emerging and high-growth segments of the petrochemicals market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on top manufacturers of cellulose ether products

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the petrochemicals products

  • Market Development: Comprehensive information about lucrative emerging markets –the report analyzes the market petrochemicals products

  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global petrochemicals products market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the petrochemicals business.

Top 15 Petrochemicals Market (Ethylene, Propylene, Benzene, Butadiene, Toluene, Xylenes, Ethylene Oxide, Propylene Oxide, Methanol, PE, PP, PVC, PS, PET, ABS), Applications, and Region - Global Forecast to 2021

Table of Contents

1 Introduction
1.1 Objective of The Study
1.2 Currency
1.3 Market Definition
1.4 Stake Holders

2 Research Methodology
2.1 Research Data
2.2 Top 15 Petrochemicals Market
2.3 Key Data From Secondary Sources
2.4 Key Data From Primary Sources
2.5 Data Triangulation
2.6 Assumptions and Limitations
2.7 Assumptions
2.8 Limitations

3 Executive Summary
3.1 Executive Summary- Basic Petrochemicals
3.2 Executive Summary- Basic Intermdiaries
3.3 Executive Summary- Basic Polymers
3.4 Ethylene Market
3.5 Propylene Market
3.6 Butadiene Market
3.7 Methanol Market
3.8 Top 2 Commodity Polymers Market
3.9 Overall Commodity Polymers Market Growth Rate

4 Premium Insights
4.1 Global Petrochemicals Feedstock Consumption,2016
4.2 Pricing Analysis of Feedstock
4.3 Global Feedstock Trends
4.4 North America: Feedstock Market Trends
4.5 Western Europe: Feedstock Market Trends
4.6 Eastern Europe: Feedstock Market Trend
4.7 Middle East: Feedstock Market
4.8 China: Feedstock Market

5 Global Basic Petrochemicals Market
5.1 Ethylene Market
5.1.1 Ethylene Value Chain
5.1.2 Ethylene New Capacity Outlook-Global & By Company
5.1.3 Ethylene Market Share, By Region (2016-2021), MMT
5.1.4 Ethylene Market Share By Application (2016-2021), MMT
5.1.5 Ethylene: Market Dynamics
5.2 Propylene Market
5.2.1 Propylene Value Chain
5.2.2 Propylene New Capacity Outlook
5.2.3 Propylene Market Share, By Region, (2016-2021),MMT
5.2.4 Propylene Market Share, By Application (2016-2021),MMT
5.2.5 Propylene: Market Dynamics
5.3 Butadiene Market
5.3.1 Butadiene Value Chain
5.3.2 Butadiene New Capacity Outlook
5.3.3 Butadiene Market Share, By Region (2016-2021), KT
5.3.4 Butadiene Market Share, By Application (2016-2021), KT
5.3.5 Butadiene: Market Dynamics
5.4 Benzene Market
5.4.1 Benzene Value Chain
5.4.2 Benzene New Capacity Outlook
5.4.3 Benzene Market Share, By Region (2016-2021), KT
5.4.4 Benzene Market Share, By Application (2016-2021), KT
5.4.5 Benzene: Market Dynamics
5.5 Toluene Market
5.5.1 Toluene Value Chain
5.5.2 Toluene New Capacity Outlook
5.5.3 Toluene Market Share, By Region (2016-2021), KT
5.5.4 Toluene  Market Share, By Application (2016-2021), KT
5.5.5 Toluene: Market Dynamics
5.6 Xylenes Market
5.6.1 Xylenes Value Chain
5.6.2 Xylenes New Capacity Outlook
5.6.3 Xylenes Market Share, By Region (2016-2021), KT
5.6.4 Xylenes  Market Share, By Application (2016-2021), KT
5.6.5 Xylenes: Market Dynamics

6 Basic Intermediate Chemicals Market
6.1 Methanol Market
6.1.1 Methanol Value Chain
6.1.2 Methanol  New Capacity Outlook
6.1.3 Methanol  Market Share, By Region (2016-2021), KT
6.1.4 Methanol  Market Share, By Application (2016-2021), KT
6.1.5 Methanol : Market Dynamics
6.2 Ethylene Oxide Market
6.2.1 Ethylene Oxide Value Chain
6.2.2 Ethylene Oxide  New Capacity Outlook
6.2.3 Ethylene Oxide  Market Share, By Region (2016-2021), KT
6.2.4 Ethylene Oxide Market Share, By Application (2016-2021), KT
6.2.5 Ethylene Oxidel : Market Dynamics
6.3 Propylene Oxide Market
6.3.1 Propylene Oxide Value Chain
6.3.2 Propylene Oxide  New Capacity Outlook
6.3.3 Propylene Oxide Market Share, By Region (2016-2021), KT
6.3.4 Propylene Oxide Market Share, By Application (2016-2021), KT
6.3.5 Propylene Oxide : Market Dynamics

7 Basic Polymers Market
7.1 Polyethylene Market
7.1.1 Polyethylene Value Chain
7.1.2 Polyethylene New Capacity Outlook
7.1.3 Polyethylene  Market Share, By Region (2016-2021), KT
7.1.4 Polyethylene  Market Share, By Application (2016-2021), KT
7.1.5 Polyethylene  : Market Dynamics
7.2 Polypropylene Market
7.2.1 Polypropylene Value Chain
7.2.2 Polypropylene New Capacity Outlook
7.2.3 Polypropylene  Market Share, By Region (2016-2021), KT
7.2.4 Polypropylene Market Share, By Application (2016-2021), KT
7.2.5 Polypropylene  : Market Dynamics
7.3 PET Market
7.3.1 PET Value Chain
7.3.2 PET New Capacity Outlook
7.3.3 PET Market Share, By Region (2016-2021), KT
7.3.4 PET Market Share, By Application (2016-2021), KT
7.3.5 PET : Market Dynamics
7.4 PVC Market
7.4.1 PVC Value Chain
7.4.2 PVC New Capacity Outlook
7.4.3 PVC Market Share, By Region (2016-2021), KT
7.4.4 PVC Market Share, By Application (2016-2021), KT
7.4.5 PVC: Market Dynamics
7.5 Polystyrene Market
7.5.1 Polystyrene Value Chain
7.5.2 Polystyrene New Capacity Outlook
7.5.3 Polystyrene  Market Share, By Region (2016-2021), KT
7.5.4 Polystyrene Market Share, By Application (2016-2021), KT
7.5.5 Polystyrene  : Market Dynamics
7.6 ABS Market
7.6.1 ABS Value Chain
7.6.2 ABS New Capacity Outlook
7.6.3 ABS Market Share, By Region (2016-2021), KT
7.6.4 ABS Market Share, By Application (2016-2021), KT
7.6.5 ABS Market Dynamics

8 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
8.1 Lyondell Basell
8.2 BASF SE
8.3 Total SA
8.4 Royal Dutch Shell PLC
8.5 Sinopec Ltd
8.6 E. I. Dupont De Nemours & Company
8.7 The DOW Chemical Company
8.8 Reliance Industries Ltd
8.9 Sabic
8.10 British Petroleum
8.11 Chevron Phillips
8.12 Formosa Plastics
8.13 China National Petroluem Corporation
8.14 Exxonmobil Corporation
8.15 Ineos Group

*Details Might Not Be Captured in Case of Unlisted Companies.

List of Tables

Table 1 Ethylene Capacity Addition, By Company (2014-2022), (Mt/ Year)
Table 2 Ethylene Capacity Addition, By Company (2014-2022), (Mt/ Year)
Table 3 Ethylene Market Size, By Region, 2014-2021 (MMT)
Table 4 Ethylene Market Size, By Application, 2014-2021 (MMT)
Table 5 Propylene Market Size, By Region, 2014-2021 (MMT)
Table 6 Propylene Market Size, By Application, 2014-2021 (MMT)
Table 7 Butadiene Market Size, By Region, 2014-2021 (KT)
Table 8 Butadiene Market Size, By Application, 2014-2021 (KT)
Table 9 Benzene Market Size, By Region, 2014-2021 (KT)
Table 10 Benzene Market Size, By Application, 2014-2021 (KT)
Table 11 Toluene Market Size, By Region, 2014-2021 (KT)
Table 12 Toluene Market Size, By Application, 2014-2021 (KT)
Table 13 Xylenes Market Size, By Region, 2014-2021 (KT)
Table 14 Xylenes Market Size, By Application, 2014-2021 (KT)
Table 15 Methanol Market Size, By Region, 2014-2021 (KT)
Table 16 Methanol Market Size, By Application, 2014-2021 (KT)
Table 17 Ethylene Oxide Market Size, By Region, 2014-2021 (KT)
Table 18 Ethylene Oxide Market Size, By Application, 2014-2021 (KT)
Table 19 Propylene Oxide Market Size, By Region, 2014-2021 (KT)
Table 20 Propylene Oxide Market Size, By Application, 2014-2021 (KT)
Table 21 Polyethylene New Capacity Outlook
Table 22 Polyethylene Market Size, By Region, 2014-2021 (KT)
Table 23 Polyethylene Market Size, By Application, 2014-2021 (KT)
Table 24 Polypropylene Market Size, By Region, 2014-2021 (KT)
Table 25 Polpropylene Market Size, By Application, 2014-2021 (KT)
Table 26 PET Market Size, By Region, 2014-2021 (KT)
Table 27 PET Market Size, By Application, 2014-2021 (KT)
Table 28 PVC Market Size, By Region, 2014-2021 (KT)
Table 29 PVC Market Size, By Application, 2014-2021 (KT)
Table 30 Polystyrene Market Size, By Region, 2014-2021 (KT)
Table 31 Polystyrene Market Size, By Application, 2014-2021 (KT)
Table 32 ABS Market Size, By Region, 2014-2021 (KT)
Table 33 ABS Market Size, By Application, 2014-2021 (KT)
Table 34 Lyondell Basell: Products & Service
Table 35 Lyondell Basell: Recent Developments
Table 36 BASF SE: Products & Services
Table 37 BASF SE: Recent Developments
Table 38 Total SA: Products & Services
Table 39 Total SA: Recent Developments
Table 40 Royal Dutch Shell PLC: Products & Services
Table 41 Royal Dutch Shell PLC: Recent Developments
Table 42 Sinopec Ltd: Products & Services
Table 43 Sinopec Ltd: Recent Developments
Table 44 Dupont: Product & Services
Table 45 Dupont: Recent Developments
Table 46 The DOW Chemical Company: Product & Services
Table 47 The DOW Chemical Company: Recent Developments
Table 48 Reliance Industries Ltd:  Products & Services
Table 49 Reliance Industries Ltd:  New Developments
Table 50 Sabic : Products & Services
Table 51 Sabic: Recent Developments
Table 52 British Petroleum: Products & Services
Table 53 British Petroleum: Recent Developments
Table 54 Chevron Phillips: Product & Services
Table 55 Chevron Phillips :Recent Developments
Table 56 Formosa Plastics: Products & Services
Table 57 Formosa Plastic: Recent Developments
Table 58 China National Petroleum Corporation: Product & Services
Table 59 Exxon Mobil Corporation: Product & Services
Table 60 Exxon Mobil Corporation: Recent Developments
Table 61 Ineos Group Ltd: Products & Services
Table 62 Ineos: Recent Developments

List of Figures

Figure 1 Top 15 Petrochemicals: Market Segmentation (Each Product has Been Segmented By Region & Application)
Figure 2 Years Considered for The Study
Figure 3 Top 15 Petrochemicals Market: Research Design
Figure 4 Research Methodology: Top-Down Approach
Figure 5 Research Methodology: Bottom-Up Approach
Figure 6 Polyethylene Projected to Dominate The Ethylene Market, By Application, (2016-2021)
Figure 7 Polypropylene Projected to Dominate The Propylene Market, By Application, (2016-2021)
Figure 8 Polybutadiene Application Projected to Grow Fastest During Forecast Period, (2016-2021)
Figure 9 Methanol to Olefin (MTO) Application Projected to Grow Fastest During Forecast Period, (2016-2021)
Figure 10 Top 2 Petrochemicals Market, By Region
Figure 11 PET is Projected to Become The Fastest Growing Market Among Polymers (2014-2021)
Figure 12 Naphtha is Projected to Dominate The Feedstock Market
Figure 13 Products of Ethane & Naphtha Cracking
Figure 14 Middle East & Africa’s Feedtsock Consumption is Expected to Grow Slightly Higher, (2016-2021)
Figure 15 Ethane’s Share is Projected to Grow at A Significant Rate
Figure 16 Napththa is Projected to Dominate The Feedtsock Market for A Long Term
Figure 17 Naphtha Projected to Dominate The Feedtsock Market in Eastern Europe
Figure 18 LPG is Projected to Dominate The Feedstock Market in Middle East in Long Term
Figure 19 Methanol’ Share is Projected to Dominate The Feedstock Market in Long Term
Figure 20 Ethylene Value Chain
Figure 21 Ethylene Capacity Addition, By Region (2014-2016), (MMT)
Figure 22 Ethylene Market Share, By Region (2016-2021), MMT
Figure 23 Ethylene Market Share, By Application (2016-2021), MMT
Figure 24 Ethylene Market , Drivers, Restraints, Opportunities and Challenges
Figure 25 Propylene Value Chain
Figure 26 Propylene Capacity Addition, By Region (2014-2016), (MMT
Figure 27 Propylene Market Share, By Region (2016-2021), MMT
Figure 28 Propylene Market Share, By Application (2016-2021), MMT
Figure 29 Propylene Market , Drivers, Restraints, Opportunities and Challenges
Figure 30 Butadiene Value Chain
Figure 31 Butadiene Capacity Addition, By Region (2014-2016), (KT)
Figure 32 Butadiene Market Share, By Region (2016-2021), KT
Figure 33 Butadiene Market Share, By Application (2016-2021), KT
Figure 34 Butadiene Market , Drivers, Restraints, Opportunities and Challenges
Figure 35 Benzene Value Chain
Figure 36 Benzene Capacity Addition, By Region (2014-2016), (KT)
Figure 37 Benzene Market Share, By Region (2016-2021), KT
Figure 38 Benzene Market Share, By Application (2016-2021), KT
Figure 39 Benzene Market , Drivers, Restraints, Opportunities and Challenges
Figure 40 Toluene Value Chain
Figure 41 Toluene Capacity Addition, By Region (2014-2016), (KT)
Figure 42 Toluene Market Share, By Region (2016-2021), KT
Figure 43 Toluene Market Share, By Application (2016-2021), KT
Figure 44 Toulene Market , Drivers, Restraints, Opportunities and Challenges
Figure 45 Xylene Value Chain
Figure 46 Xylenes Capacity Addition, By Region (2014-2016), (KT)
Figure 47 Xylenes Market Share, By Region (2016-2021), KT
Figure 48 Xylenes Market Share, By Application (2016-2021), KT
Figure 49 Xylenes Market , Drivers, Restraints, Opportunities and Challenges
Figure 50 Methanol Value Chain
Figure 51 Methanol Market Share, By Region (2016-2021), KT
Figure 52 Methanol Market Share, By Application (2016-2021), KT
Figure 53 Methanol Market , Drivers, Restraints, Opportunities and Challenges
Figure 54 Ethylene Oxide Value Chain
Figure 55 Ethylene Oxide Market Share, By Region (2016-2021), KT
Figure 56 Ethylene Oxide Market Share, By Application (2016-2021), KT
Figure 57 Ethylene Oxide Market , Drivers, Restraints, Opportunities and Challenges
Figure 58 Propylene Oxide Value Chain
Figure 59 Propylene Oxide Market Share, By Region (2016-2021), KT
Figure 60 Propylene Oxide Market Share, By Application (2016-2021), KT
Figure 61 Propylene Oxide Market , Drivers, Restraints, Opportunities and Challenges
Figure 62 Polyethylene Value Chain
Figure 63 Polyethylene Market Share, By Region (2016-2021), KT
Figure 64 Polyethylene Market Share, By Application (2016-2021), KT
Figure 65 Polyethylene Market , Drivers, Restraints, Opportunities and Challenges
Figure 66 Polypropylene Value Chain
Figure 67 Polypropylene Market Share, By Region (2016-2021), KT
Figure 68 Polypropylene Market Share, By Application (2016-2021), KT
Figure 69 Polypropylene Market , Drivers, Restraints, Opportunities and Challenges
Figure 70 PET Value Chain
Figure 71 PET Market Share, By Region (2016-2021), KT
Figure 72 PET Market Share, By Application (2016-2021), KT
Figure 73 PET Market , Drivers, Restraints, Opportunities and Challenges
Figure 74 PVC Value Chain
Figure 75 PVC Market Share, By Region (2016-2021), KT
Figure 76 PVC Market Share, By Application (2016-2021), KT
Figure 77 PVC Market , Drivers, Restraints, Opportunities and Challenges
Figure 78 Polystyrene (PS) Value Chain
Figure 79 Polystyrene Market Share, By Region (2016-2021), KT
Figure 80 Polystyrene Market Share, By Application (2016-2021), KT
Figure 81 Polystyrene Market , Drivers, Restraints, Opportunities and Challenges
Figure 82 ABS Value Chain
Figure 83 ABS Market Share, By Region (2016-2021), KT
Figure 84 ABS Market Share, By Application (2016-2021), KT
Figure 85 ABS Market , Drivers, Restraints, Opportunities and Challenges

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