The global primary petrochemicals market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1,890.2 billion by 2030 from USD 1,711.6 billion in 2018. The growth of this market is driven by the increasing demand for petrochemicals in various industries such as adhesives, polymers, paints and coatings, dyes and surfactants among others.
Ethylene accounted for the largest share of the global primary petrochemicals market in 2018 with a share of 39%. This segment is expected to maintain its dominance throughout the forecast period owing to its wide range of applications across various industries such as adhesives and polymers among others. Propylene was ranked second with a share of 27% in 2018 and it is anticipated that it will continue to grow at a CAGR of 4% during the forecast period due to its wide range of applications across various industries such as paints and coatings among others. Butadiene accounted for 23% share in 2018 which is anticipated to grow at a CAGR of 3%. Benzene accounted for 12% share which is anticipated to grow at a CAGR 2%. Styrene accounted for 10%, which will be growing at an estimated rate 2%.
The global population is projected to reach 8 billion by 2030 with an average annual growth rate of 1%. This will result in an increase in consumption levels across all sectors including food & beverages; housing & construction; transportation; energy & utilities; consumer goods & services; healthcare; education etc, thereby boosting the demand for primary petrochemicals over the forecast period (2017-2022).
Some Of The Growth Factors Of This Market:
- Increasing population growth rates in developing countries are also driving the growth of this market, which will lead to increased consumption of products that require petrochemical-based raw materials such as plastics, fertilizers, paints, etc, thereby boosting the demand for primary petrochemicals over the forecast period (2017-2022).
Industry Growth Insights published a new data on “Primary Petrochemicals Market”. The research report is titled “Primary Petrochemicals Market research by Types (Ethylene, Propylene, Butadiene, Benzene, Styrene, Other), By Applications (Adhesives, Polymers, Paints And Coatings, Dyes, Surfactants, Rubber), By Players/Companies LyondellBasell, BASF, Total, Shell Global, Sinopec, DuPont, Dow, Reliance Industries, SABIC, Chevron Phillips Chemical, Formosa Plastics, China National Petroleum Corporation, Exxon Mobil”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Primary Petrochemicals Market Research Report
By Type
Ethylene, Propylene, Butadiene, Benzene, Styrene, Other
By Application
Adhesives, Polymers, Paints And Coatings, Dyes, Surfactants, Rubber
By Companies
LyondellBasell, BASF, Total, Shell Global, Sinopec, DuPont, Dow, Reliance Industries, SABIC, Chevron Phillips Chemical, Formosa Plastics, China National Petroleum Corporation, Exxon Mobil
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Primary Petrochemicals Market Report Segments:
The global Primary Petrochemicals market is segmented on the basis of:
Types
Ethylene, Propylene, Butadiene, Benzene, Styrene, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adhesives, Polymers, Paints And Coatings, Dyes, Surfactants, Rubber
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LyondellBasell
- BASF
- Total
- Shell Global
- Sinopec
- DuPont
- Dow
- Reliance Industries
- SABIC
- Chevron Phillips Chemical
- Formosa Plastics
- China National Petroleum Corporation
- Exxon Mobil
Highlights of The Primary Petrochemicals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethylene
- Propylene
- Butadiene
- Benzene
- Styrene
- Other
- By Application:
- Adhesives
- Polymers
- Paints And Coatings
- Dyes
- Surfactants
- Rubber
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Primary Petrochemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Primary Petrochemicals are the most important and valuable type of petroleum products. These chemicals are used to make other types of petroleum products, such as gasoline, diesel fuel, and jet fuel.
Some of the major companies in the primary petrochemicals market are LyondellBasell, BASF, Total, Shell Global, Sinopec, DuPont, Dow, Reliance Industries, SABIC, Chevron Phillips Chemical, Formosa Plastics, China National Petroleum Corporation, Exxon Mobil.
The primary petrochemicals market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Primary Petrochemicals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Primary Petrochemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Primary Petrochemicals Market - Supply Chain
4.5. Global Primary Petrochemicals Market Forecast
4.5.1. Primary Petrochemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Primary Petrochemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Primary Petrochemicals Market Absolute $ Opportunity
5. Global Primary Petrochemicals Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Primary Petrochemicals Market Size and Volume Forecast by Type
5.3.1. Ethylene
5.3.2. Propylene
5.3.3. Butadiene
5.3.4. Benzene
5.3.5. Styrene
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Primary Petrochemicals Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Primary Petrochemicals Market Size and Volume Forecast by Application
6.3.1. Adhesives
6.3.2. Polymers
6.3.3. Paints And Coatings
6.3.4. Dyes
6.3.5. Surfactants
6.3.6. Rubber
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Primary Petrochemicals Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Primary Petrochemicals Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Primary Petrochemicals Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Primary Petrochemicals Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Primary Petrochemicals Demand Share Forecast, 2019-2026
9. North America Primary Petrochemicals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Primary Petrochemicals Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Primary Petrochemicals Market Size and Volume Forecast by Application
9.4.1. Adhesives
9.4.2. Polymers
9.4.3. Paints And Coatings
9.4.4. Dyes
9.4.5. Surfactants
9.4.6. Rubber
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Primary Petrochemicals Market Size and Volume Forecast by Type
9.7.1. Ethylene
9.7.2. Propylene
9.7.3. Butadiene
9.7.4. Benzene
9.7.5. Styrene
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Primary Petrochemicals Demand Share Forecast, 2019-2026
10. Latin America Primary Petrochemicals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Primary Petrochemicals Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Primary Petrochemicals Market Size and Volume Forecast by Application
10.4.1. Adhesives
10.4.2. Polymers
10.4.3. Paints And Coatings
10.4.4. Dyes
10.4.5. Surfactants
10.4.6. Rubber
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Primary Petrochemicals Market Size and Volume Forecast by Type
10.7.1. Ethylene
10.7.2. Propylene
10.7.3. Butadiene
10.7.4. Benzene
10.7.5. Styrene
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Primary Petrochemicals Demand Share Forecast, 2019-2026
11. Europe Primary Petrochemicals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Primary Petrochemicals Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Primary Petrochemicals Market Size and Volume Forecast by Application
11.4.1. Adhesives
11.4.2. Polymers
11.4.3. Paints And Coatings
11.4.4. Dyes
11.4.5. Surfactants
11.4.6. Rubber
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Primary Petrochemicals Market Size and Volume Forecast by Type
11.7.1. Ethylene
11.7.2. Propylene
11.7.3. Butadiene
11.7.4. Benzen
11.7.5. Styrene
11.7.6. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Primary Petrochemicals Demand Share, 2019-2026
12. Asia Pacific Primary Petrochemicals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Primary Petrochemicals Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Primary Petrochemicals Market Size and Volume Forecast by Application
12.4.1. Adhesives
12.4.2. Polymers
12.4.3. Paints And Coatings
12.4.4. Dyes
12.4.5. Surfactants
12.4.6. Rubber
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Primary Petrochemicals Market Size and Volume Forecast by Type
12.7.1. Ethylene
12.7.2. Propylene
12.7.3. Butadiene
12.7.4. Benzene
12.7.5. Styrene
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Primary Petrochemicals Demand Share, 2019-2026
13. Middle East & Africa Primary Petrochemicals Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Primary Petrochemicals Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Primary Petrochemicals Market Size and Volume Forecast by Application
13.4.1. Adhesives
13.4.2. Polymers
13.4.3. Paints And Coatings
13.4.4. Dyes
13.4.5. Surfactants
13.4.6. Rubber
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Primary Petrochemicals Market Size and Volume Forecast by Type
13.7.1. Ethylene
13.7.2. Propylene
13.7.3. Butadiene
13.7.4. Benzene
13.7.5. Styrene
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Primary Petrochemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Primary Petrochemicals Market: Market Share Analysis
14.2. Primary Petrochemicals Distributors and Customers
14.3. Primary Petrochemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LyondellBasell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Total
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shell Global
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinopec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DuPont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dow
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Reliance Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SABIC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chevron Phillips Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Formosa Plastics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. China National Petroleum Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Exxon Mobil
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
