DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Top 15 Petrochemicals Market - Global Forecast to 2021" report to their offering.
The top 15 petrochemicals report is divided into three sub parts, basic petrochemicals, basic intermediate chemicals and basic polymers. The basic petrochemicals market is projected to grow from 250.3 Million tons in 2016 to 310.3 Million tons by 2021, at a CAGR of 4.4% from 2016 to 2021.
Rise in demand of commodity plastics in emerging economies in Southeast Asia and the Middle East. Moreover, rise in construction projects in these regions related to affordable housing is further expected to boost the demand of petrochemicals. Also, the growth in end-use industries such as automotive, packaging, electronics & electricals globally are driving the petrochemicals market.
The segmentation of the top 15 petrochemicals includes basic petrochemicals (ethylene, propylene, butadiene, benzene, xylenes & toluene), intermediate chemicals (methanol, ethylene oxide, propylene oxide), and basic polymers (polyethylene, polypropylene, polystyrene, polyester, polyvinyl chloride and acrylonitrile butadiene styrene).
Packaging is projected to remain the fastest-growing market because of significant end use demand of soft drinks, health drinks, and bottled water in emerging economies such as India, UAE, Oman, Kuwait, and Qatar. Methanol is projected to be another fastest-growing market among the top petrochemicals driven by rise in demand of formaldehyde, which is used to manufacture adhesives for construction board products along with increase in gasoline fuel blending application.
- Basf Se
- British Petroleum
- Chevron Phillips
- China National Petroluem Corporation
- E. I. Dupont De Nemours & Company
- Exxonmobil Corporation
- Formosa Plastics
- Ineos Group
- Lyondell Basell
- Reliance Industries Ltd
- Royal Dutch Shell Plc
- Sinopec Ltd
- The Dow Chemical Company
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Global Basic Petrochemicals Market
6. Basic Intermediate Chemicals Market
7. Basic Polymers Market
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/wg8pbs/top_15