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Global Basic Petrochemical Market : Trends, Forecast, and Opportunity Analysis 1.

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Presentation on theme: "Global Basic Petrochemical Market : Trends, Forecast, and Opportunity Analysis 1."— Presentation transcript:

1 Global Basic Petrochemical Market 2016-2021: Trends, Forecast, and Opportunity Analysis 1

2 Industry Profiles Snapshot Major ParameterDescription Market Segments by Chemical Type Ethylene, propylene, butadiene, benzene, toluene, xylene, methanol, and ammonia Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Saudi Basic Industry Corporation, LyondellBasell, Exxon Mobil, and Royal Dutch Shell. Trend Growth Rate and CAGR4.9% Key Industry Forecast 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. Key Industry Driver Driver: 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. 2

3 Industry Overview Market Size 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. Emerging trends, which have a direct impact on the dynamics of the market, include capacity migration to low cost locations and US shale gas boom has renewed competitive advantage to the sector. Market Size (2022)$603.2 billion CAGR (2017-22)4.9% 3 Industry Performance : Forecast


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