DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities for the Global Basic Petrochemical Market" report to their offering.
The future of the global basic petrochemical market looks good with opportunities in construction, transportation, agriculture, textile, industrial, electronics, healthcare and consumer goods industries. The global basic petrochemical industry is expected to reach an estimated $603.2 billion by 2021 and is forecast to grow at a CAGR of 4.9% from 2016 to 2021.
The major growth drivers for this market are growing demand for basic petrochemicals in end use industries. Technological innovations aimed at improving manufacturing processes to increase product yield with higher quality are expected to have a positive impact on the petrochemical industry.
Basic petrochemical companies profiled in this market report include Saudi Basic Industry Corporation, LyondellBasell, Exxon Mobil, and Royal Dutch Shell.
The report predicts that the demand for ethylene is likely to experience the highest growth over the forecast period due to the growth in the polyethylene film for the food and non-food packaging applications.
Ethylene is expected to remain the largest segment due to increasing demand from various end use applications such as packaging and construction.
Key Topics Covered:
1. Executive Summary
2. Industry Background and Classifications
3. Market Trends and Forecast Analysis
4. Competitor Analysis
5. Growth Opportunities and Strategic Analysis
6. Company Profiles of Leading Players
- Exxon Mobil Corp. (ExxonMobil)
- LyondellBasell Industries N.V.
- Royal Dutch Shell
- Sinopec Limited (China Petroleum & Chemical Corporation)
For more information about this report visit http://www.researchandmarkets.com/research/6cgq66/growth