Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Petrochemical Steam Crackers
Overview
Market size
$198.0B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$243.2B
What changed
Demand by region
Asia Pacific demand45%
North America demand22%
Europe demand18%
Middle East demand7%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Feedstock (Ethane and Naphtha)60%
Utilities and Energy15%
Capital Depreciation and Maintenance12%
Logistics and Storage8%
Labor and Overhead5%
share of delivered cost (analyst estimate)