Petrochemicals Market Size and Industry Forecast 2023

Petrochemicals are chemical components that are obtained from hydrocarbons existing in crude oil and natural gas. The global petrochemicals market size reached US$ 584.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 815.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

 

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