Europe Petrochemicals Market Size study, by Product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Methanol), and Country Forecasts 2022-2032
Europe Petrochemicals Market is valued approximately USD 99.08 million in 2023 and is anticipated to grow with a healthy growth rate of more than 6.92% over the forecast period 2024-2032. Petrochemicals are organic compounds that are derived from natural gas, coal, and crude oil. They include naphthenic, aromatic, and aliphatic organic compounds. They are necessary for the production of several products, including chemicals, polymers, and synthetic materials. These products are becoming increasingly used in a variety of industries, including the construction, automotive, electronics, and packaging sectors. The emerging demand for high-performance polymers is a key trend that is supporting the growth of the Europe Petrochemicals Market. High-performance polymers are higher in demand in Europe due to their use in the automotive, aerospace, electronics, and healthcare sectors. Investments in the development of specialized chemicals and cutting-edge polymer manufacturing processes are fueled by this trend.
Europe boasts a well-established manufacturing sector that relies heavily on petrochemical products. The increased oil and gas capacity in the region, along with the high demand for petrochemical products from various end-use industries such as automotive, packaging, construction, healthcare, and electronics is burgeoning the market demand at a substantial rate. This demand is driven by population growth, urbanization, consumer preferences, and industry requirements. Growing environmental concerns are driving research and development into bio-based alternatives to traditional fossil fuel feedstocks for petrochemical production. Technological advancements play a pivotal role, fostering efficiency gains and enabling a diverse range of petrochemical products. Regulatory frameworks, encompassing environmental mandates, safety standards, and trade agreements, exert a significant influence on market dynamics and operational strategies. Moreover, investments in infrastructure, capacity expansions, and technological innovations by industry players contribute to market vibrancy. However, the Europe Petrochemicals Market expansion is hampered by the negative impacts of petrochemical products as well as price instability in raw materials between 2022 and 2032.
The key countries considered for the Europe Petrochemicals Market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest market because the region has a thriving manufacturing industry that depends on a consistent flow of petrochemical products. Moreover, German producers place a strong emphasis on materials that are both performance and quality oriented. This corresponds to a need for unique petrochemicals for demanding applications that possess certain attributes. The German market has a mix of established petrochemical companies with a strong track record for quality and innovation. Additionally, there are emerging companies offering new solutions in recycling technologies and bio-based feedstocks. This fosters healthy competition that drives advancements in the market. Whereas, the market in UK is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
BASF SE
INEOS Group Ltd.
Royal Dutch Shell PLC
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Product
Ethylene
Propylene
Butadiene
Benzene
Xylene
Toluene
Methanol
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
Europe boasts a well-established manufacturing sector that relies heavily on petrochemical products. The increased oil and gas capacity in the region, along with the high demand for petrochemical products from various end-use industries such as automotive, packaging, construction, healthcare, and electronics is burgeoning the market demand at a substantial rate. This demand is driven by population growth, urbanization, consumer preferences, and industry requirements. Growing environmental concerns are driving research and development into bio-based alternatives to traditional fossil fuel feedstocks for petrochemical production. Technological advancements play a pivotal role, fostering efficiency gains and enabling a diverse range of petrochemical products. Regulatory frameworks, encompassing environmental mandates, safety standards, and trade agreements, exert a significant influence on market dynamics and operational strategies. Moreover, investments in infrastructure, capacity expansions, and technological innovations by industry players contribute to market vibrancy. However, the Europe Petrochemicals Market expansion is hampered by the negative impacts of petrochemical products as well as price instability in raw materials between 2022 and 2032.
The key countries considered for the Europe Petrochemicals Market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest market because the region has a thriving manufacturing industry that depends on a consistent flow of petrochemical products. Moreover, German producers place a strong emphasis on materials that are both performance and quality oriented. This corresponds to a need for unique petrochemicals for demanding applications that possess certain attributes. The German market has a mix of established petrochemical companies with a strong track record for quality and innovation. Additionally, there are emerging companies offering new solutions in recycling technologies and bio-based feedstocks. This fosters healthy competition that drives advancements in the market. Whereas, the market in UK is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
BASF SE
INEOS Group Ltd.
Royal Dutch Shell PLC
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Product
Ethylene
Propylene
Butadiene
Benzene
Xylene
Toluene
Methanol
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.
CHAPTER 1. EUROPE PETROCHEMICALS MARKET DEFINITION AND RESEARCH ASSUMPTIONS
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Europe Petrochemicals Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Product
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. EUROPE PETROCHEMICALS MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE PETROCHEMICALS MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. EUROPE PETROCHEMICALS MARKET SIZE & FORECASTS BY PRODUCT 2022-2032
5.1. Ethylene
5.2. Propylene
5.3. Butadiene
5.4. Benzene
5.5. Xylene
5.6. Toluene
5.7. Methanol
CHAPTER 6. EUROPE PETROCHEMICALS MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
6.1. U.K. Petrochemicals Market
6.1.1. Product breakdown size & forecasts, 2022-2032
6.2. Germany Petrochemicals Market
6.3. France Petrochemicals Market
6.4. Spain Petrochemicals Market
6.5. Italy Petrochemicals Market
6.6. Rest of Europe Petrochemicals Market
CHAPTER 7. COMPETITIVE INTELLIGENCE
7.1. Key Company SWOT Analysis
7.1.1. Company
7.1.2. Company
7.1.3. Company
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. BASF SE
7.3.1.1. Key Information
7.3.1.2. Overview
7.3.1.3. Financial (Subject to Data Availability)
7.3.1.4. Product Summary
7.3.1.5. Market Strategies
7.3.2. INEOS Group Ltd.
7.3.3. Royal Dutch Shell PLC
7.3.4. Company
7.3.5. Company
7.3.6. Company
7.3.7. Company
7.3.8. Company
7.3.9. Company
7.3.10. Company
CHAPTER 8. RESEARCH PROCESS
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Europe Petrochemicals Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Product
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. EUROPE PETROCHEMICALS MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. EUROPE PETROCHEMICALS MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. EUROPE PETROCHEMICALS MARKET SIZE & FORECASTS BY PRODUCT 2022-2032
5.1. Ethylene
5.2. Propylene
5.3. Butadiene
5.4. Benzene
5.5. Xylene
5.6. Toluene
5.7. Methanol
CHAPTER 6. EUROPE PETROCHEMICALS MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
6.1. U.K. Petrochemicals Market
6.1.1. Product breakdown size & forecasts, 2022-2032
6.2. Germany Petrochemicals Market
6.3. France Petrochemicals Market
6.4. Spain Petrochemicals Market
6.5. Italy Petrochemicals Market
6.6. Rest of Europe Petrochemicals Market
CHAPTER 7. COMPETITIVE INTELLIGENCE
7.1. Key Company SWOT Analysis
7.1.1. Company
7.1.2. Company
7.1.3. Company
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. BASF SE
7.3.1.1. Key Information
7.3.1.2. Overview
7.3.1.3. Financial (Subject to Data Availability)
7.3.1.4. Product Summary
7.3.1.5. Market Strategies
7.3.2. INEOS Group Ltd.
7.3.3. Royal Dutch Shell PLC
7.3.4. Company
7.3.5. Company
7.3.6. Company
7.3.7. Company
7.3.8. Company
7.3.9. Company
7.3.10. Company
CHAPTER 8. RESEARCH PROCESS
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
LIST OF TABLES
TABLE 1. Europe Petrochemicals Market, report scope
TABLE 2. Europe Petrochemicals Market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Europe Petrochemicals Market estimates & forecasts by Product 2022-2032 (USD Million)
TABLE 4. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 5. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million) Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. UK Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. UK Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 15. UK Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 16. Germany Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 17. Germany Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. Germany Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. France Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 20. France Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. France Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. Italy Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 23. Italy Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Italy Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Spain Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 26. Spain Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. Spain Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. RoE Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 29. RoE Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. RoE Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31. List of secondary sources, used in the study of Europe Petrochemicals Market.
TABLE 32. List of primary sources, used in the study of Europe Petrochemicals Market.
TABLE 33. Years considered for the study.
TABLE 34. Exchange rates considered.
TABLE 1. Europe Petrochemicals Market, report scope
TABLE 2. Europe Petrochemicals Market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Europe Petrochemicals Market estimates & forecasts by Product 2022-2032 (USD Million)
TABLE 4. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 5. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Europe Petrochemicals Market by segment, estimates & forecasts, 2022-2032 (USD Million) Europe Petrochemicals Market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. UK Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. UK Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 15. UK Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 16. Germany Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 17. Germany Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. Germany Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. France Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 20. France Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. France Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. Italy Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 23. Italy Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Italy Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Spain Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 26. Spain Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. Spain Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. RoE Petrochemicals Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 29. RoE Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. RoE Petrochemicals Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31. List of secondary sources, used in the study of Europe Petrochemicals Market.
TABLE 32. List of primary sources, used in the study of Europe Petrochemicals Market.
TABLE 33. Years considered for the study.
TABLE 34. Exchange rates considered.
LIST OF FIGURES
FIG 1. Europe Petrochemicals Market, research methodology
FIG 2. Europe Petrochemicals Market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Petrochemicals Market, key trends 2023
FIG 5. Europe Petrochemicals Market, growth prospects 2022-2032
FIG 6. Europe Petrochemicals Market, porters 5 force model
FIG 7. Europe Petrochemicals Market, pestel analysis
FIG 8. Europe Petrochemicals Market, value chain analysis
FIG 9. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 10. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 11. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 12. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 13. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 14. Europe Petrochemicals Market, Country snapshot 2022 & 2032
FIG 15. Europe Petrochemicals Market 2022 & 2032 (USD Million)
FIG 16. Europe Petrochemicals Market, company market share analysis (2023)
FIG 1. Europe Petrochemicals Market, research methodology
FIG 2. Europe Petrochemicals Market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Petrochemicals Market, key trends 2023
FIG 5. Europe Petrochemicals Market, growth prospects 2022-2032
FIG 6. Europe Petrochemicals Market, porters 5 force model
FIG 7. Europe Petrochemicals Market, pestel analysis
FIG 8. Europe Petrochemicals Market, value chain analysis
FIG 9. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 10. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 11. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 12. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 13. Europe Petrochemicals Market by segment, 2022 & 2032 (USD Million)
FIG 14. Europe Petrochemicals Market, Country snapshot 2022 & 2032
FIG 15. Europe Petrochemicals Market 2022 & 2032 (USD Million)
FIG 16. Europe Petrochemicals Market, company market share analysis (2023)
