Industry Analysis & Industry Trends
The Petrochemical Manufacturing industry faced significant volatility over the past five years, but the improving economy will pave the way for growth as downstream demand improves. Domestic operators will continue to face obstacles, as increased input costs affect prices and performance. However, heightened demand and continuing dependence on petrochemicals will benefit industry operators... 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 aliphatic hydrocarbons (57.5% of revenue) and cyclic aromatic hydrocarbons (42.4% of revenue). 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