2025 Vision for Global Petrochemicals Market

1. Global Petrochemicals Market-Global Industry Analysis, Size, Share, Growth, Trends, and Forecast To 2025 Increase in demand of commodity plastics in emerging economies in Southeast Asia and the Middle East is the prime factor that drives this market. Moreover, growth in construction projects in these regions is further expected to boost the demand of petrochemicals. Also, the elevating demand from end-use industries such as automotive, packaging, electronics & electrical globally are driving the petrochemicals market. On the basis of types of intermediate chemicals, methanol is expected to have the fastest-growing market, owing to the growing demand of formaldehyde, which is important component that is used during the manufacturing of adhesives along with the increase in gasoline fuel blending application. On the basis of type of polymer, polyethylene is also one of the important type of plastics, which is gaining drive globally because of low oil prices. Get PDF with Technological trends at : https://www.xpodenceresearch.com/Request-Sample/105746 Globally, Asia-Pacifc leads the petrochemicals market, accounted to high economic growth rate, rising demand for construction products, growing health awareness applications and improving standards of living. However, the process of plastic recycling is the major restraint of this market. The global petrochemicals market can be segmented on the basis of type of petrochemical, type of intermediate chemicals, type of polymer, application and region. On the basis of type of petrochemical, the global petrochemicals market can be segmented into ethylene, propylene, benzene, butadiene, xylenes and toluene. On the basis of type of intermediate chemicals, the global petrochemicals market can be segmented into methanol, ethylene oxide and propylene oxide. Obtain Report Details with technological advancement at : https://www.xpodenceresearch.com/Reports/Petrochemicals-Market Some of the key players in the global paints and coatings market include Akzonobel N.V., Asian Paints Limited, Axalta Coating Systems, BASF Coatings GmbH, Kansai Paints Co. Ltd., Nippon Paint Co. Ltd., PPG Industries, RPM International Inc., Sherwin-Williams Company and The Valspar Corporation. About Us: Xpodence Research is a U.S. based Market Research Company and ofers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe. We ofer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specifc requirements.

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