In 2016, the global petrochemical sector had a market value of around USD 680 bn. Over half of all production relied on naphtha as its feedstock, naphtha being the most commonly used feedstock in Asia and Europe. China is both the biggest producer and consumer of petrochemicals in the world, being responsible for 29% of all production and 28% of all consumption. Meanwhile, North America and the Middle East tend to favour natural gas as their feedstock since these areas are significant gas producers. This is particularly the case for the USA, which is the world’s leading producer of ethylene.
Thai petrochemical sector has an annual output of around 30 million tonnes, the 2nd largest in ASEAN and the 16th largest in the world.
Table of Contents
II.Upstream petrochemical industry
III.Intermediate petrochemical industry
IV.Downstream petrochemical industry
The global petrochemical sector
The Thai petrochemical sector
Tables and Figures