Product Code: MRFR/CnM/9378-CR
Market Overview
Crude-To-Chemicals Market is projected to register a CAGR of 7.20% during the review period. The Crude-To-Chemicals Market is extending a direct result of Expanding utilization of crude-to chemicals innovation for creation of paraxylene and different chemicals. The requirement for lightweight and eco-friendly automobiles is persistently expanding, bringing about an expansion in the use of polymers in automotives, particularly in EVs. Alongside declining fuel interest in the figure might possibly help the crude oil to chemicals market development by diminishing rivalry for crude oil as a feedstock, prompting expanded accessibility and possibly lower costs for the chemicals business. Because of the expanded accentuation on lightweight and diminished fossil fuel byproducts, interest for olefins for applications conveying lightweight automotive parts is expanding, supporting the market. In any case, factor natural substance costs are probably going to disturb the Crude-To-Chemicals Market's extension all through the estimate period.
The requirement for petrochemical feedstock, then again, will increment with time. Ethane, fluid petrol gas (LPG), and naphtha are the three primary petrochemical feedstocks produced from crude oil. These are for the most part utilized in the making of manufactured filaments, plastic polymers, and other petrochemical intermediates. With expanded worldwide pay, interest for these things will just keep on rising. By supporting their result of naphtha, propylene, and reformate, the structure blocks of different petrochemicals, for instance, groundbreaking purifiers are as of now looking for opportunities to change or modify their creation modes to fulfill developing petrochemical need. For, example, the interest for lightweight and eco-friendly vehicles is developing quickly. The significance by the public authority on fossil fuel byproduct and effectiveness is helping the reception of lightweight and productive automotive vehicles.
Market Segmentation
The technology-based segmentation of the crude-to-chemicals market includes cracking technology, hydrocracking technology, and other categories.
The market is divided into packaging, automotive & transportation, construction, electrical & electronics, healthcare, and other categories depending on the End-Use Industry.
Regional Insights
The Asia-Pacific region has arisen as the biggest market for petrol and synthetic items, exhibiting its predominance in the worldwide compound industry. This powerful market travers's numerous nations, including China, India, Japan, South Korea, and a few Southeast Asian nations. The region's fast financial development, developing populace and powerful modern sector have pushed its situation from essential buyer of oil to synthetic items. One of the key factors adding to its predominance in Asia Pacific is its immense assembling base. There has been a huge change underway limits in the region, with significant businesses like petrochemicals, plastics, materials, and footwear setting up their creation offices here. This has provoked a huge interest for crude to compound items that act as imperative unrefined substances for these enterprises. Also, the region's huge populace and rising dispensable livelihoods have energized interest for shopper merchandise. This thus has expanded the requirement for different chemicals utilized in the assembling of items like bundling materials, individual consideration things and automotive parts.
Major Players
Saudi Arabian Oil Co., Shell Global, Exxon Mobil Corporation, Sabic, TotalEnergies and PetroChina Company Limited are some of the major players operating in the global crude to chemicals market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY TECHNOLOGY
- 1.1.2 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY APPLICATION
- 1.1.3 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY END USE INDUSTRY
- 1.1.4 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 TOP-DOWN AND BOTTOM-UP APPROACH
- 3.6 FORECAST MODEL
- 3.7 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 INCREASING USE OF CRUDE-TO CHEMICALS TECHNOLOGY FOR PRODUCTION OF PARAXYLENE AND OTHER CHEMICALS
- 4.2.2 INCREASING DEMAND FOR ELECTRIC VEHICLES IN AUTOMOBILE INDUSTRY AND POLYMERS IN PACKAGING INDUDTRY
- 4.3 RESTRAINTS
- 4.3.1 VOLATILE CRUDE OIL PRICES AFFECTING OVERALL PRICES FOR CHEMICALS
- 4.4 OPPORTUNITIES
- 4.4.1 GROWTH IN INNOVATION AND SURGING INVESTMENTS IN CRUDE-TO-CHEMICALS
- 4.5 CHALLENGES
- 4.5.1 THE RISKS OF OVERSUPPLY BY ADOPTING COTC TECHNOLOGY
- 4.6 TREND
- 4.6.1 VARIOUS TRENDS ASSOCIATED WITH CRUDE OIL TO CHEMICALS MARKET
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 CRUDE-TO-CHEMICALS MANUFACTURERS
- 5.1.3 DISTRIBUTION & SALES CHANNELS
- 5.1.4 END USERS
- 5.2 PORTER'S FIVE FORCES ANALYSIS
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
- 5.3 IMPACT OF COVID ON THE GLOBAL CRUDE-TO-CHEMICALS MARKET 42
- 5.3.1 IMPACT OF COVID-19 ON SUPPLY CHAIN OF CRUDE-TO-CHEMICALS MARKET
- 5.3.2 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FROM END USERS
6 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY TECHNOLOGY
- 6.1 OVERVIEW
- 6.2 GLOBAL CRUDE-TO-CHEMICALS MARKET SIZE, MARKET ESTIMATES & FORECAST BY TECHNOLOGY,-2030 44
- 6.2.1 GLOBAL CRUDE-TO-CHEMICALS MARKETSIZE: MARKET ESTIMATES & FORECAST BY TECHNOLOGY,-2030 44
- 6.3 STEAM CRACKING TECHNOLOGY
- 6.3.1 STEAM CRACKING TECHNOLOGY: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.4 HYDROCRACKING TECHNOLOGY
- 6.4.1 HYDROCRACKING TECHNOLOGY: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.5 OTHERS
- 6.5.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY APPLICATION
- 7.1 OVERVIEW
- 7.2 GLOBAL CRUDE-TO-CHEMICALS MARKET SIZE, MARKET ESTIMATES & FORECAST BY APPLICATION,-2030 49
- 7.2.1 GLOBAL CRUDE-TO-CHEMICALS MARKETSIZE: MARKET ESTIMATES & FORECAST BY APPLICATION,-2030 49
- 7.3 ADHESIVES & SEALANTS
- 7.3.1 ADHESIVES & SEALANTS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.4 POLYMERS
- 7.4.1 POLYMERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.5 PAINTS & COATINGS
- 7.5.1 PAINTS & COATINGS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.6 DYES
- 7.6.1 DYES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.7 SURFACTANTS
- 7.7.1 SURFACTANTS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.8 RUBBER
- 7.8.1 RUBBER: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.9 SOLVENT
- 7.9.1 SOLVENT: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.10 OTHERS
- 7.10.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY END-USE INDUSTRY
- 8.1 OVERVIEW
- 8.2 GLOBAL CRUDE-TO-CHEMICALS MARKET SIZE, MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY,-2030 59
- 8.2.1 GLOBAL CRUDE-TO-CHEMICALS MARKETSIZE: MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY,-2030 59
- 8.3 PACKAGING
- 8.3.1 PACKAGING: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.4 AUTOMOTIVE & TRANSPORTATION
- 8.4.1 AUTOMOTIVE & TRANSPORTATION: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.5 BUILDING & CONSTRUCTION
- 8.5.1 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.6 ELECTRICALS & ELECTRONICS
- 8.6.1 ELECTRICALS & ELECTRONICS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.7 HEALTHCARE
- 8.7.1 HEALTHCARE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 8.8 OTHERS
- 8.8.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
9 GLOBAL CRUDE-TO-CHEMICALS MARKET, BY REGION
- 9.1 OVERVIEW
- 9.2 NORTH AMERICA
- 9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.2 RUSSIA
- 9.3.3 UK
- 9.3.4 FRANCE
- 9.3.5 ITALY
- 9.3.6 SPAIN
- 9.3.7 REST OF EUROPE
- 9.4 ASIA-PACIFIC
- 9.4.1 CHINA
- 9.4.2 JAPAN
- 9.4.3 INDIA
- 9.4.4 SOUTH KOREA
- 9.4.5 REST OF ASIA-PACIFIC
- 9.5 LATIN AMERICA
- 9.5.1 BRAZIL
- 9.5.2 MEXICO
- 9.5.3 ARGENTINA
- 9.5.4 REST OF LATIN AMERICA
- 9.6 MIDDLE EAST AND AFRICA
- 9.6.1 GCC COUNTRIES
- 9.6.2 TURKEY
- 9.6.3 REST OF MIDDLE EAST & AFRICA
10 COMPETITIVE LANDSCAPE
- 10.1 INTRODUCTION
- 10.2 RECENT DEVELOPMENTS
- 10.2.1 EXPANSIONS
- 10.2.2 COLLABORATION
- 10.2.3 RESEARCH & DEVELOPMENT
- 10.3 MAJOR GROWTH STRATEGY IN THE GLOBAL CRUDE TO CHEMICALS MARKET
- 10.4 COMPETITIVE BENCHMARKING
11 COMPANY PROFILES
- 11.1 SAUDI ARABIAN OIL CO.
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
- 11.2 SHELL GLOBAL
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
- 11.3 INDIAN OIL CORPORATION LTD.
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
- 11.4 EXXON MOBIL CORPORATION
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
- 11.5 CHINA PETROCHEMICAL CORPORATION
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
- 11.6 HENGLI PETROCHEMICAL INTERNATIONAL PTE. LTD.
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 SWOT ANALYSIS
- 11.6.5 KEY STRATEGIES
- 11.7 RELIANCE INDUSTRIES LIMITED.
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
- 11.8 SABIC
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
- 11.9 TOTALENERGIES
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
- 11.10 PETROCHINA COMPANY LIMITED
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES
12 APPENDIX
- 12.1 REFERENCES
- 12.2 RELATED REPORTS