The global petrochemicals market is highly fragmented with no clear leader, says Transparency Market Research (TMR) in a new study. The top three players accounted for 20% of the market in 2013. A trend of large companies acquiring smaller, regional companies can be observed in the industry, states TMR. Another common trait among companies is the shifting of the manufacturing base to the emerging countries in Asia and the Middle East and Africa. Some of the leading players in this market ... Read more
Transparency Market Research (TMR) has announced the release of a new market study on the global petrochemicals market. The report examines the historical trajectory of the market up to 2013 and presents forecasts for the market’s development from 2014 to 2020. According to the report, the global petrochemicals market is expected to exhibit a steady 6.8% CAGR from 2014 to 2020. The market will reach a valuation of US$885.1 bn by the end of the forecast period.The report is titled ‘ ... Read more
Q2 2018 Global Ethylene Capacity and Capital Expenditure Outlook - US Drives Global Ethylene Capacity Additions and Capital Spending
Summary
Global ethylene capacity is expected to experience considerable growth over the next nine years from around 180 mtpa in 2017 to more than 260 mtpa by 2026. ... Read more
Petrochemicals market is majorly segmented on the basis of products, application and region. On the basis of product, market has been divided into Methanol, benzene, xylene, toluene, ethylene, propylene, butadiene, vinyl styrene. As of 2017, Ethylene was the most dominant product segment and accounted for around 30% overall volume. Owing to low cost ethane availability from shale gas in the U.S. has made this product segment ... Read more
The global petrochemicals market is expected to witness a promising growth in the next few years, especially in developing economies. The rise in the level of competition is projected to enhance the overall competitive scenario of the market in the coming few years.
The global petrochemicals market is expected to grow at a significant rate in the next few years to come. According to a report by Transparency Market Research, the global petrochemical market will be witnessing modest competition in the coming years. To lead and dominate the market, the key players in the market are focusing on mergers and collaboration with various small size and regional ... Read more
Petrochemicals Market is expected to witness significant growth with a CAGR of 6.7% over the forecast period to 2023 and reach USD 1075.19 Bn during period by Forecast to 2023.
Petrochemical Market Competitive Analysis:
Petrochemicals Market appears to be highly fragmented and competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in ... Read more
The Business Research Company’s Petrochemicals Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the report ... Read more
TheBusinessResearchCompany published its Petrochemicals Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global petrochemicals market. The report covers the petrochemicals market’s segments- ethylene-petrochemicals, propylene-petrochemicals, benzene-petrochemicals, xylene, styrene-petrochemicals, toluene, cumene, and others – petrochemicals.
Market Overview:
Petrochemicals are a range of chemicals derived from oil and gas. They are used to manufacture a wide range of everyday products such as plastics, clothing, insulation, household items. Petrochemicals provide advantages such as light weight, durability, malleability and corrosion resistance. The growing global demand for plastic and chemical products from various end-use industries is fueling the need for petrochemical products.
Petrochemicals refer to organic chemical compounds derived from the refining and cracking of crude oil, natural gas, or coal. They are used as raw materials and intermediates for the production of a wide range of substances including plastics, fibers, solvents, adhesives and synthetic resins. The increasing demand for plastic products across industries such as packaging, construction, transportation and consumer goods has significantly boosted the demand for petrochemical raw ... Read more
