The petrochemical industry plays an integral role in the manufacturing and consuming sectors. The industry, which produces chemicals with the use of oil and natural gas as major raw materials, consists of two major divisions. The primary petrochemical industry makes basic chemicals such as ethylene, usually from gas or oil. Secondary petrochemical industries transform basic petrochemicals into certain materials that can be used directly by other industries. The major raw materials (oil and natural gas) contain primarily of hydrocarbons, and such petrochemicals contain carbon or hydrogen or both. Petrochemicals can be modified into different industrial and consumer products, which includes paint, plastic, rubber, detergents,dyes, fertilizers, textiles, and even solvents. In addition, many compounds now considered as petrochemicals were formerly made out from wood and coal. Most petrochemical industry plants today are located near oil-producing and oil refining areas around the world. Such petrochemical plants are costly, with some requiring at least more than $500 million to build. This industry became a hit after the war, with the increasing demand for synthetic consumer products. This report on the global petrochemical industry examines the worldwide petrochemical industry, the basics of petrochemicals, major industry players, and a regional and petrochemical market analysis.

Table Of Contents :

Executive Summary 4 What are Petrochemicals? 5 Some Major Petrochemicals 6 Ethylene 6 Propene 8 Benzene 10 Xylene 12 How are Petrochemicals Derived? 14 Understanding Petrochemistry 16 Uses of Petrochemicals 16 Healthcare 16 Technological Uses 17 Transportation Uses 18 Other Uses 19 Global Petrochemical Market 21 History of the Industry 21 Market Statistics 22 Recession Hits the Petrochemical Industry 25 Analysis of Aromatics 26 Analysis of Olefins 27 Other Petrochemicals 28 Industry Drivers 30 Patents and the Petrochemical Industry 30 Industry Outlook 34 Petrochemical-wise Market Analysis 37 Ethylene 37 Ethanol 40 Ethyl Acetate 44 Propylene 47 Polypropylene 52 Ammonia 58 High Density Polyethylene (HDPE) 62 Benzene 66 Cumene 69 Ethylbenzene 72 Methanol 75 Orthoxylene 81 Paraxylene 84 Styrene 88 Polystyrene 92 Phthalic Anhydride 95 Styrene Butadiene Rubber 98 Terephthalic Acid 101 Toluene 105 Toluene Diisocyanate 108 Butadiene 112 Acetic Acid 115 Acetone 119 Urea 122 Region-wise Petrochemical Market Analysis 126 China 126 India 134 Malaysia 148 Russia 150 South Korea 153 Europe 155 United States 160 South America 161 Middle East 163 Saudi Arabia 165 Kuwait 167 Major Players 168 BASF 168 Dow Chemical Company 175 DuPont 184 Exxon Mobil 189 Shell 195 Bayer 199 BP 204 Total 208 Sinopec 214 Saudi Basic Industries Corporation 217 Appendix 220 Glossary 225 About the Publisher 235 List of Figures and Tables Figures Figure 1: Synthetic Fiber Capacities July 2007 (3168 kilo tons) 137 Figure 2: Commodity Polymers Capacities July 2007 (4968 kilo tons) 137 Figure 3: Synthetic Rubber Capacities July, 2007 (112 kilo tons) 138 Figure 4: Future Outlook 144 Figure 5: Demand Projections for 11th Five Year Plan (2006-2007 to 2011-2012) 145 Figure 6: Demand Projections 146 Figure 7: Synthetic Rubber Demand Projections 146 Figure 8: Surfactant Intermediates Demand Projections 146 Figure 9: Refineries, Pipelines and Crackers in Europe 156 Figure 10: Europe’s Share in Global Petrochemical Production 157 Figure 11: World Chemical Sales by Region – 1997 vs 2007 158 Figure 12: 1985 & 2010 Global Ethylene Capacity Breakdown 164 Figure 13: Ethylene Capacity Growth in the Middle East 166 Figure 14: Regional Dependence on Natural Gas 220 Figure 15: Process Routes for the Production of Ethylene and its Co- Products 221 Figure 16: Benzene Products 222 Figure 17: Propylene Products 223 Figure 18: Ethylene Products 224 Tables Table 1: Performance of Major Petrochemicals (Units in Kilo Tons) 135 Table 2: Detailed Production of Major Petrochemical Products 136 Table 3: South Korean Ethylene and Polymer Production, Imports, Exports And Demand 154

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