Petroleum Liquid Feedstock Market is driven by rising demand for petrochemicals
The petroleum liquid feedstock market comprises a variety of petroleum fractions that serve as raw materials for the petrochemical industry. Some of the major petroleum liquid feedstocks include naphtha, gas-oil, and condensates that are produced during the refining of crude oil.
With growing consumption of plastics, synthetic fibers, and other petrochemical products, demand for liquid petroleum feedstocks is increasing substantially.
The Global petroleum liquid feedstock market is estimated to be valued at USD 327.09 Billion in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.
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The petroleum liquid feedstock market comprises a variety of petroleum fractions that serve as raw materials for the petrochemical industry. Some of the major petroleum liquid feedstocks include naphtha, gas-oil, and condensates that are produced during the refining of crude oil.
With growing consumption of plastics, synthetic fibers, and other petrochemical products, demand for liquid petroleum feedstocks is increasing substantially.
The Global petroleum liquid feedstock market is estimated to be valued at USD 327.09 Billion in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.
https://kartlucy.liveposit...
Petroleum Liquid Feedstock Market to Experience Substantial Growth with Advancements in Petrochemical Production Processes
The petroleum liquid feedstock market is an integral component of the petrochemical industry, providing important hydrocarbon feeds for the production of vario
https://kartlucy.livepositively.com/petroleum-liquid-feedstock-market-to-experience-substantial-growth-with-advancements-in-petrochemical-production-processes/new=1
06:20 AM - Feb 13, 2025 (UTC)
