Industry Analysis & Industry Trends
The Petrochemical Manufacturing industry has been volatile over the past five years. The industry enjoyed strong, though inconsistent, growth as the economic recovery took hold. Downstream customers, like the plastic and resin manufacturing industry, recovered quickly after the recession, stimulating demand for the industry's products. In the coming years, demand from key buying industries will grow steadily, which will support ongoing revenue growth. This will return the industry to a stable growth pattern... purchase to read more
Industry Report - Industry Products Chapter
This industry primarily converts feedstock derived from petroleum or from petroleum and natural gas liquids into petrochemicals. These petrochemicals include acyclic (aliphatic) hydrocarbons and cyclic aromatic hydrocarbons. Acyclic hydrocarbons are made from refined petroleum or liquid hydrocarbons. Key products within this group include: ethylene, propylene, butadiene and cyclic aromatic hydrocarbons.
Estimated to be the world's most widely used petrochemical in terms of worldwide production volume, ethylene is the key building block in the production of polyethylene (polyethylene accounts for 50.0% of all ethylene production), ethylene oxide (10.0% of ethylene production) and its range of derivatives (such as ethylene glycol)... purchase to read more