Building Blocks of Industry: Key Players & Strategic Developments in Petrochemicals The global petrochemicals market size was valued at USD 619.28 billion in 2023, and it is projected to expand at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. The primary driver behind the rising demand for petrochemicals is the increasing need for downstream products across a variety of end-use industries, such...