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市場調查報告書
商品編碼
1610164

石油化學市場報告:趨勢、預測和競爭分析(至2030年)

Petrochemical Market Report: Trends, Forecast and Competitive Analysis to 2030

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3個工作天內

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簡介目錄

石油化學趨勢與預測

全球石油化學市場的未來充滿了包裝、電子、建築和汽車市場的機會。估計2024年至2030年全球石油化學市場將以6.3%的年複合成長率成長。該市場的主要驅動力是包裝行業的擴張、消費品行業的成長、電子商務的快速擴張以及電子電氣行業的成長。

  • 依產品類型分類,Lucintel 預測,由於包裝材料和家用產品等消費品的使用量增加,乙烯細分市場預計將在預測期內實現最高成長。
  • 從最終用途來看,由於消費品行業的快速成長和電子商務的快速崛起,包裝領域仍然是最大的。
  • 從地區來看,由於化學工業的崛起和聚合物消費的成長,預計亞太地區在預測期內將出現最高的成長。

石油化學市場的策略成長機會

在技​​術進步、消費者需求和不斷變化的市場環境的推動下,石油化學市場提供了眾多的成長機會。

  • 電子和個人用品:電子產業對聚合物和複合材料等先進石油化學材料的需求不斷增加。隨著新電子設備的不斷發展,對專用材料的需求將推動這種成長。
  • 環保包裝:向永續包裝的轉變加速環保石油化學材料的開發,例如可回收和生物分解性塑膠,以應對環境挑戰。
  • 汽車產業的成長:汽車產業為先進聚合物和熱塑性複合材料等石油化學產品提供了機會。這些材料可提高車輛性能、耐用性和燃油效率,推動下一代車輛的發展。
  • 水處理解決方案:石油化學產品擴大用於先進水處理系統,為該產業提供了另一條成長途徑。
  • 擴大再生能源:石油化學產業透過調整材料和製程來支持清潔能源來源,尋求與生質燃料和氫氣等綠色能源產業的協同效應。

這些成長機會反映了永續實踐的整合、先進材料的開發以及各行業對環保解決方案日益成長的需求。

石油化學市場的促進因素與挑戰

由於技術、經濟和監管範式等多種原因,石油化學市場似乎主要是由大眾驅動的。遵循這些範式對於開拓新市場和探索其中蘊含的機會非常重要。

推動石油化學市場的因素包括:

  • 技術生產流程改善:生產流程改善:在石油化學市場,生產流程本身帶來效率和成本的降低。這些進步補充了生產力和競爭力的增強。
  • 特種化學品市場的擴大:汽車、電子和其他產業對特種化學品的需求不斷增加,並推動了市場的成長。這些高付加產品的優勢使其未來性且可擴展。
  • 頁岩氣產量成長:頁岩氣產量增加將為石油化學產業鏈提供廉價資源。這一發展將為石油化學製造商付加價值並提高他們在國際市場上的競爭力。
  • 綠色導向:趨勢的焦點是穩定增加清潔技術和清潔流程的使用。這種再合成推動了永續的產品創新,並符合世界的環境願景。
  • 新興經濟體工業化程度不斷提高:非洲、亞洲和拉丁美洲工業化和都市化程度不斷提高,對石油化學產品的需求不斷增加。這種演變為這些快速成長的市場帶來了成長潛力和資本注入。

石油化學市場面臨的挑戰是:

  • 環境法規:嚴格的環境政策會提高營運成本,帶來合規挑戰,並需要對清潔技術進行大量投資。
  • 原物料價格波動:原油和天然氣價格波動影響生產成本和盈利,對石油化學製造商構成重大挑戰。
  • 市場競爭:石油化學製造商之間的激烈競爭導致價格戰,利潤空間縮小,迫使主要企業投資於產品差異化和技術創新。

整體而言,石油化學市場正受到技術進步、消費者對特種產品日益成長的需求以及環境壓力的影響。為了實現永續成長,應對價格波動和競爭等挑戰非常重要。

這些新興國家展示了區域策略如何發展以滿足不斷變化的全球石油化學市場的需求。

目錄

第1章 執行摘要

第2章 全球石油化學市場:市場動態

  • 簡介、背景、分類
  • 供應鏈
  • 產業促進因素與挑戰

第3章 市場趨勢及預測分析(2018-2030)

  • 宏觀經濟趨勢(2018-2023)與預測(2024-2030)
  • 全球石油化學市場趨勢(2018-2023)與預測(2024-2030)
  • 全球石油化學市場:依產品類型
    • 乙烯
    • 丙烯
    • 甲醇
    • 二甲苯
    • 其他
  • 全球石油化學市場:依最終用途產業
    • 包裝
    • 電子產品
    • 建造
    • 車輛
    • 其他

第4章 各地區市場趨勢及預測分析(2018-2030)

  • 全球石油化學市場:依地區
  • 北美石油化學市場
  • 歐洲石油化學市場
  • 亞太石油化學市場
  • 其他地區石油化學市場

第5章 競爭分析

  • 產品系列分析
  • 營運整合
  • 波特五力分析

第6章 成長機會與策略分析

  • 成長機會分析
    • 全球石油化學市場成長機會:依產品類型
    • 全球石油化學市場成長機會:依最終用途產業
    • 全球石油化學市場成長機會:依地區
  • 全球石油化學市場新趨勢
  • 戰略分析
    • 新產品開發
    • 全球石油化學市場擴大產能
    • 全球石油化學市場的企業合併(M&A)與合資企業
    • 認證和許可

第7章 主要企業簡介

  • BASF
  • LyondellBasell Industries
  • INEOS
  • Shell
  • SABIC
  • Reliance Industries
  • Mitsubishi Chemical
  • LG Chem
  • Chevron Phillips Chemical
  • China National Petroleum
簡介目錄

Petrochemical Trends and Forecast

The future of the global petrochemical market looks promising with opportunities in the packaging, electronics, construction, and automotive markets. The global petrochemical market is expected to grow with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are the expanding packaging industry, the growing consumer goods sector, the rapid expansion of e-commerce, and growth in the electronics and electrical sectors.

  • Lucintel forecasts that product type, the ethylene segment is expected to witness the highest growth over the forecast period due to the rising usage of consumer goods, including packaging materials and household items.
  • Within the end-use category, the packaging segment will remain the largest due to the burgeoning consumer goods sector and the swift rise of e-commerce.
  • In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the flourishing chemicals industry and growth in polymer consumption.

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Emerging Trends in the Petrochemical Market

This section highlights emerging trends that are shaping the future of the petrochemical market. These trends reflect advancements in technology, societal shifts concerning industry products, and regulatory changes.

  • Shift toward Sustainable Practices: The petrochemical industry is increasingly focused on sustainability, driven by both regulatory pressure and consumer demand for green products. Companies are investing in technologies to reduce carbon emissions and improve energy efficiency.
  • Expansion of Recycling Technologies: Innovations in PET recycling and chemical recycling technologies are improving the ability to process complex petrochemical products. These advancements not only help clean up plastic waste but also increase industry efficiency.
  • Growth in Specialty Chemicals: There is rising demand for high-performance specialty chemicals, particularly in the automotive, electronics, and other high-tech sectors. This trend is driving innovation and growth within the petrochemical market's specialized segments.
  • Renewable Energy Integration: The petrochemical industry is increasingly integrating renewable energy sources, using bio-based feedstocks and renewable electricity to reduce reliance on fossil fuels and lower carbon emissions.
  • Improvements in Process Efficiency: Advancements in digitization, automation, and process control are enhancing the efficiency, cost-effectiveness, and productivity of petrochemical production processes.

These trends are transforming the petrochemical market, emphasizing sustainability, innovation in recycling, and the push toward higher-end products. Renewable energy integration and process improvements are also redefining industry standards and fostering growth in a competitive global landscape.

Recent Developments in the Petrochemical Market

Recent developments reflect key shifts in production processes, market dynamics, and strategic priorities within the petrochemical industry.

  • Enhanced Utilization of Shale Gas: The growth of shale gas production in regions like Virginia has provided abundant, inexpensive feedstock, boosting the global competitiveness of American petrochemical products.
  • Strengthening Petrochemical Facilities in China: China is modernizing its petrochemical facilities to cater to a rising domestic market and strengthen its position globally.
  • Advancements in Germany's Petrochemical Industry: Germany is leveraging both old and new technologies to enhance its petrochemical production. Innovations focus on energy efficiency and emission reduction, aligning with the country's broader energy security strategy.
  • Growth of Petrochemical Production in India: India is expanding its petrochemical capacity through new plant setups and modernization efforts to meet growing domestic demand, particularly in the automotive and consumer goods sectors.
  • High-Value Petrochemical Production in Japan: Japan is focusing on the development of advanced petrochemical products. This shift aims to strengthen its competitive position through innovation and refinement of production techniques.

These developments demonstrate how the petrochemical market is adapting to evolving environmental, social, and economic factors, leading to greener practices, advanced production techniques, and new high-value products.

Strategic Growth Opportunities for Petrochemical Market

The petrochemical market offers numerous growth opportunities driven by technological advancements, consumer demand, and evolving market conditions.

  • Electronics and Personal Equipment: Demand for advanced petrochemical materials, such as polymers and composites, is increasing in the electronics industry. As new electronic devices continue to evolve, the need for specialized materials will drive this growth.
  • Eco-Friendly Packaging: The shift toward sustainable packaging alternatives is accelerating the development of eco-friendly petrochemical materials, such as recyclable and biodegradable plastics, to address environmental challenges.
  • Automotive Industry Growth: The automotive sector presents opportunities for petrochemical products, including advanced polymers and thermoplastic composites. These materials enhance vehicle performance, durability, and fuel economy, driving the growth of next-generation vehicles.
  • Water Treatment Solutions: Petrochemical products are increasingly used in advanced water treatment systems, providing another avenue for growth within the industry.
  • Expansion in Renewable Energy: The petrochemical industry is seeking synergies with the green energy sector, such as biofuels and hydrogen, by adapting materials and processes to support cleaner energy sources.

These growth opportunities reflect the increasing integration of sustainable practices, the development of advanced materials, and the growing demand for eco-friendly solutions across various industries.

Petrochemical Market Driver and Challenges

The plentiful mass of the public appears to have been and still is driven in this petrochemical market, due to various reasons including technological, economic, and regulatory paradigms, among others. Conferring to these forms of paradigm, it is essential in this case as it will enable gracing the new market as well as exploring the opportunities that abound within.

The factors responsible for driving the petrochemical market include:

  • Technology In Improvements of production processes: The process of production itself is leading to efficiency and reduction of costs in the petrochemical market. Such advancements complement enhanced productivity and competitiveness.
  • Rising Specialty Chemical Market: The increasing demand for specialty chemicals that exist in automotive, electronics, and other industries has been on an upward trend and is boosting market growth. Such benefits of these high-value products promote the future and expansion of products.
  • Growth of Shale Gas Production: More shale gas production makes cheaper available resources for picking up any petrochemical industry chain. This development adds value for petrochemical producers and improves their competition in the international market.
  • Thinking towards Green: The trend's focus has certainly improved the use of clean technologies and cleaner processes. This recompositing drives innovations of sustainable products and is compliant with world environmental visions.
  • Growth in Industrialization in Developing Economies: More industrialization and urbanization in the regions of Africa, Asia, and Latin America are increasing the appetite for petrochemical products. This evolution creates growth potential and injection of capital in these fast-growth markets.

Challenges in the petrochemical market are:

  • Environmental Regulations: Stringent environmental policies can increase operational costs and create compliance challenges, requiring significant investment in cleaner technologies.
  • Fluctuating Raw Material Prices: Price volatility in crude oil and natural gas affects production costs and profitability, posing a significant challenge for petrochemical producers.
  • Market Competition: Intense competition among petrochemical producers can lead to price wars, shrinking profit margins, and forcing companies to invest in product differentiation and innovation.

Overall, the petrochemical market is shaped by technological advancements, growing consumer demand for specialty products, and environmental pressures. Addressing challenges like price fluctuations and competition is crucial for sustained growth.

List of Petrochemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies petrochemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the petrochemical companies profiled in this report include-

  • BASF
  • LyondellBasell Industries
  • INEOS
  • Shell
  • SABIC
  • Reliance Industries
  • Mitsubishi Chemical
  • LG Chem
  • Chevron Phillips Chemical
  • China National Petroleum

Petrochemical by Segment

The study includes a forecast for the global petrochemical by product type, end use industry, and region.

Petrochemical Market by Product Type [Analysis by Value from 2018 to 2030]:

  • Ethylene
  • Propylene
  • Methanol
  • Xylene
  • Others

Petrochemical Market by End Use Industry [Analysis by Value from 2018 to 2030]:

  • Packaging
  • Electronics
  • Construction
  • Automotive
  • Others

Petrochemical Market by Region [Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the Petrochemical Market

Major players in the petrochemical market are expanding operations and forming strategic partnerships to strengthen their positions. Below are recent developments in key regions: the USA, China, India, Japan, and Germany.

  • United States: The U.S. petrochemical sector benefits from low-cost shale gas feedstock, driving increased production capacity and competitiveness in both domestic and international markets.
  • China: China is investing heavily in modernizing petrochemical facilities to increase production capacity, focusing on high-tech chemical materials, and incorporating green practices to become a global leader in the industry.
  • Germany: Germany's petrochemical industry is advancing through sustainable production practices, such as integrating renewable energy sources and reducing carbon emissions, in line with the country's environmental policy.
  • India: India's growing demand for petrochemical products, particularly in the automotive and consumer goods sectors, is leading to increased investments in plant infrastructure and capacity enhancement.
  • Japan: Japan is focusing on improving production efficiency and advancing petrochemical products to strengthen its competitive position in global markets, especially in the face of rising international competition.

These country-specific developments demonstrate how regional strategies are evolving to meet the demands of a changing global petrochemical market.

Features of the Global Petrochemical Market

Market Size Estimates: Petrochemical market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecasts (2024 to 2030) by various segments and regions.

Segmentation Analysis: Petrochemical market size by product type, end use industry, and region in terms of value ($B).

Regional Analysis: Petrochemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, end use industry, and regions for the petrochemical market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the petrochemical market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the petrochemical market by product type (ethylene, propylene, methanol, xylene, and others), end use industry (packaging, electronics, construction, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Petrochemical Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

  • 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
  • 3.2. Global Petrochemical Market Trends (2018-2023) and Forecast (2024-2030)
  • 3.3: Global Petrochemical Market by Product Type
    • 3.3.1: Ethylene
    • 3.3.2: Propylene
    • 3.3.3: Methanol
    • 3.3.4: Xylene
    • 3.3.5: Others
  • 3.4: Global Petrochemical Market by End Use Industry
    • 3.4.1: Packaging
    • 3.4.2: Electronics
    • 3.4.3: Construction
    • 3.4.4: Automotive
    • 3.4.5: Others

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

  • 4.1: Global Petrochemical Market by Region
  • 4.2: North American Petrochemical Market
    • 4.2.1: North American Market by Product Type: Ethylene, Propylene, Methanol, Xylene, and Others
    • 4.2.2: North American Market by End Use Industry: Packaging, Electronics, Construction, Automotive, and Others
  • 4.3: European Petrochemical Market
    • 4.3.1: European Market by Product Type: Ethylene, Propylene, Methanol, Xylene, and Others
    • 4.3.2: European Market by End Use Industry: Packaging, Electronics, Construction, Automotive, and Others
  • 4.4: APAC Petrochemical Market
    • 4.4.1: APAC Market by Product Type: Ethylene, Propylene, Methanol, Xylene, and Others
    • 4.4.2: APAC Market by End Use Industry: Packaging, Electronics, Construction, Automotive, and Others
  • 4.5: ROW Petrochemical Market
    • 4.5.1: ROW Market by Product Type: Ethylene, Propylene, Methanol, Xylene, and Others
    • 4.5.2: ROW Market by End Use Industry: Packaging, Electronics, Construction, Automotive, and Others

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global Petrochemical Market by Product Type
    • 6.1.2: Growth Opportunities for the Global Petrochemical Market by End Use Industry
    • 6.1.3: Growth Opportunities for the Global Petrochemical Market by Region
  • 6.2: Emerging Trends in the Global Petrochemical Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global Petrochemical Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Petrochemical Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: BASF
  • 7.2: LyondellBasell Industries
  • 7.3: INEOS
  • 7.4: Shell
  • 7.5: SABIC
  • 7.6: Reliance Industries
  • 7.7: Mitsubishi Chemical
  • 7.8: LG Chem
  • 7.9: Chevron Phillips Chemical
  • 7.10: China National Petroleum