Petrochemical Market Size, Share & Growth Analysis Report By Product Type(Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Methanol), By Manufacturing processes (Fluid Catalytic Cracking (FCC), Steam cracking, Catalytic reforming), By Application (Aerospace, Agriculture, Automotive, Building & Construction, Consumer & Industrial Goods, and Others) - Global Industry Analysis, Trends, Segment Forecasts, Regional Outlook 2021 - 2030
The global petrochemical market size is projected to be worth USD 729 billion by 2030 from USD 452.9 billion in 2020, with a CAGR of 5.1% during the forecast period 2021 to 2030.
Increasing adoption of petrochemicals in the production of thermoplastics and oil will boost the target industry growth in near future.