According to a new country report published by Lucintel, the future of the basic petrochemical industry in the United States looks good with opportunities in construction, transportation, agriculture, textile, industrial, electronics, healthcare and consumer goods industries. The basic petrochemical industry market in the United States is primarily driven by growing demand for basic petrochemicals in end use industries.
This report studies factors affecting the basic petrochemical industry market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that demand for ethylene is likely to experience the highest growth over the forecast period due to the growth in the polyethylene film for the food and non-food packaging applications, also it is expectedd to remain the largest segment due to increasing demand from various end use applications such as packaging and construction.
Emerging trends, which have a direct impact on the dynamics of the market, include capacity migration to low cost locations.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the basic petrochemical industry market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Basic Petrochemical Industry in.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the basic petrochemical industry market in the United States by chemical type and application type as follows:
Basic petrochemical market by chemical type [Volume (Million Tons) and $ Billion Shipment from 2014 to 2025]:
• Ethylene
• Propylene
• Butadiene
• Benzene
• Toluene
• Xylene
• Methanol
• Ammonia
Basic petrochemical market by application type [Volume (Million Tons) 2014-2025]:
• Ethylene market by application
>Polyethylene
>Ethylene Oxide
>Ethylene Dichloride
>Others
• Propylene market by application
>Polypropylene
>Propylene Oxide
>Acrylonitrile
>Others
• Butadiene market by application
>Butadiene Rubber
>Styrene Butadiene Rubber
>Acrylonitrile Butadiene Styrene
>Styrene Butadiene Latex
>Hexamethylenediamine/Adiponitrile
>Others
• Benzene market by application
>Styrene
>Cumene
>Cyclohexane
>Aniline
>Others
• Toluene market by application
>Benzene
>Xylene
>Gasoline Blending
>Toluene Diisocyanates
>Solvent
>Others
• Xylene market by application
>Para-Xylene
>Ortho-Xylene
>Mixed –Xylene & Others
• Methanol market by application
>Formaldehyde
>Methyl Tert-Butyl Ether
>Fuel Blending
>Acetic Acid
>Methanol to Olefins
>Dimethyl Ether
>Biodiesel
>Other
• Ammonia market by application
>Fertilizers
>Polyamides
>Nitric Acid
>Others
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/basic-petrochemical-industry.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com