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In the petrochemical industry, the organic chemicals produced in the largest volumes are methanol, ethylene, propylene, butadiene, benzene, toluene, and xylenes. Ethylene, propylene, and butadiene, along with butylenes, are collectively called olefins, which belong to a class of unsaturated aliphatic hydrocarbons having the general formula CnH2n. Olefins contain one or more double bonds, which make them chemically reactive. Benzene, toluene, and xylenes, commonly referred to as aromatics, are unsaturated cyclic hydrocarbons containing one or more rings. Olefins, aromatics, and methanol are precursors to a variety of chemical products and are generally referred to as primary petrochemicals.
The Basic Petrochemical market revenue was 493262.83 Million USD in 2022, and will reach 630354.86 Million USD in 2028, with a CAGR of 4.17% during 2022-2028.
This report elaborates the market size, market characteristics, and market growth of the Basic Petrochemical industry, and breaks down according to the type, application, and consumption area of Basic Petrochemical. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.
In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Basic Petrochemical in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.
Key players in the global Basic Petrochemical market covered in Chapter 11:
SABIC
E.I. du Pont de Nemours & Company
Chevron Corporation
Royal Dutch Shell PLC
Lyondell Basell Industries Inc.
BASF AG
The Dow Chemical Company
British Petroleum PLC
ExxonMobil Corp
INEOS Group Ltd.
SINOPEC
China National Petroleum (CNPC)
In Chapter 3, on the basis of types, the Basic Petrochemical market from 2018 to 2028 is primarily split into:
Ethylene
Propylene
PE (Polyethylene)
PP (PolyproPylene)
PVC (Polyvinyl Chloride)
Butadiene
Others
In Chapter 4, on the basis of applications, the Basic Petrochemical market from 2018 to 2028 covers:
Transportation
Construction
Agriculture
Electronics
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2028) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028