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2026-05-19 07:37:52 -

Petrochemicals Market to Add Over US$ 227 Billion by 2031

Demand for petrochemicals has rarely been more consistent or more consequential than it is today. The petrochemicals market is projected to grow from US$ 457.57 billion in 2023 to US$ 685.01 billion by 2031, registering a steady CAGR of 5.2% over the forecast period. That trajectory reflects something deeper than cyclical demand: it signals the degree to which petrochemical derivatives underpin...

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