Petrochemicals are chemical compounds primarily derived from hydrocarbons present in crude oil and natural gas. These compounds are used to make a variety of industrial products, such as plastics, synthetic rubber, solvents, fertilizer, and medications. Petrochemicals are produced by processes such as cracking and refining, which reduce complicated hydrocarbons to simpler molecules such as...
The petrochemicals market plays a foundational role in numerous industries, serving as the building blocks for products used in construction, packaging, automotive, healthcare, and consumer goods. Petrochemicals are primarily derived from natural gas and crude oil, and include various chemicals such as ethylene, propylene, benzene, and toluene, which are essential for producing...
Petrochemicals Market size was valued at US$ 561.4 Bn. in 2021 and the total Petrochemicals revenue is expected to grow at 6.5 % from 2022 to 2029, reaching nearly US$ 929.2 Bn.
Petrochemicals Market Overview:
The "Global Petrochemicals Market Analysis" is a comprehensive look at the Petrochemicals Market , with a focus on global market trends and analysis....
Sulfur Fertilizers Market Outlook
The sulfur fertilizer market value can value is anticipated to value USD 4 Billion. The declining sulfur content in soil is creating the demand for a different types of sulfur fertilizers. The increasing adoption of high-grade sulfur fertilizers to produce a better-quality crop, along with the factor are likely to benefit the market. The growing awareness about...
The global petrochemicals market size was valued at USD 619.28 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. The demand for the product is attributed to an increase in the demand for downstream products from various end-use industries such as construction, pharmaceuticals, and automotive, which is a major factor driving the growth....
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