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Strategic Analysis of the Brazilian Petrochemicals Market
Frost & Sullivan, Oct 2010, Pages: 64
This research study provides an extensive analysis regarding the Brazilian basic petrochemicals market. Products from the refining process form the building blocks of many industries. The petrochemicals are basic chemicals destined to a wide variety of industries. Demand in end-user markets is a key driver for the production of olefins and aromatics. Changes in trends in these sectors such as adoption of new technologies affect the production of these groups.
This research study provides an extensive analysis regarding the Brazilian basic petrochemicals market.
Products from the refining process form the building blocks of many industries. Petrochemicals are basic chemicals destined to a wide variety of industries.
The petrochemicals market is divided into two main segments, namely:
Olefins, including:
Ethylene, propylene and butadiene
Aromatics, including:
Benzene, toluene and xylene
Throughout the world, ethylene demand has traditionally been stronger than demand for propylene. But propylene demand is anticipated to overtake ethylene demand. Rising demand for propylene is attributed to end-user sectors including consumer, manufacturing, agricultural and industrial.
Demand for benzene is declining as it is being phased out in many industries due to its toxic nature.
Applications that use toluene and xylene are utilizing more environmentally friendly technologies.
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