The report "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", 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.

Request for PDF of report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193785497

Browse 62 market data Tables and 85 Figures spread through 232 Slides and in-depth TOC on "Top 15 Petrochemicals Market"

Key Target Audience:

Petrochemicals Manufacturers
Raw Material Suppliers
Manufacturing Technology Providers
Regional Manufacturers’ Associations and General Petrochemicals Association
Traders, Distributors, and Suppliers Of Petrochemicals & Polymers
Manufacturers in End-Use Industries
Government and Regional Agencies and Research Organizations
Investment Research Firms
Ethylene is primarily a petrochemical used as a feedstock in the manufacturing of polymer plastics, fibers and other organic chemicals that are ultimately consumed in the packaging, transportation, and construction industries. Ethylene constituted about 25% share of the total petrochemical market in 2016, in terms of volume and is projected to maintain its share during the forecast period. With advent of abundant shale gas in North America, the majority of global players in the ethylene business have shifted their production facilities to North America to churn out low cost ethylene from ethane.

The packaging industry especially in developing markets of India, Thailand, Malaysia, Vietnam and countries of Middle East such as UAE, Oman, Qatar, Kuwait is expected to grow by more than 20% year-on-year during the forecast period. The growth is driven by rise in health awareness among people, decreasing quality of tap water, and increase in tourism globally. The GGC (Gulf Cooperation Council) market for bottled water is projected to grow by about 50% each year driven by scarcity of water and rise in population. With rise in disposable income in the emerging economies, the demand of juices, nutrition drinks is projected to grow at high rates in the forecast period.

Asia-Pacific is the largest market for top 15 Petrochemicals accounting for almost 50% share in terms of volume, globally because of presence of large number of packaging, construction products, and textile industries in China and India. This region is expected to dominate the market till 2021 driven by huge investments in construction projects related to affordable housings and infrastructure. This high growth is attributed to expansion of production capacity, competitive manufacturing costs, and others.

Major manufacturers dominated in Top 15 Petrochemicals Market includes Lyondell Basell (Netherlands), Dow Chemicals Company (U.S.), SABIC (Saudi Arabia), Exxon Mobil (U.S.), and BP (U.K.)

Early buyers will receive 10% customization on this report.

Don't miss out on business opportunities in Top 15 Petrochemicals Market.

Read our blog for more details: https://chemabd007.blogspot.com/2019/03/top-15-petrochemicals-market-leaders.html

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
[email protected]