Petrochemical Feedstock market revenue is expected to reach USD 402.95 Bn by 2029
September 5, 2023 ⚊ 1 Min read ⚊ Views 49 ⚊ NEWS
Petrochemical feedstocks are derived from either fully refined or partially refined petroleum fractions, serving as essential raw materials in the production of chemicals, synthetic rubber, and a diverse range of plastics. The primary sources of these foundational petrochemicals are fossil fuels, with approximately 9 to 10% of the world’s total fossil fuel production ultimately finding its purpose as feedstock in the energy-intensive petrochemical manufacturing processes.
Tags: Petrochemical Feedstock market
