Insight
Petrochemicals: the resilience of feedstock demand
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Petrochemical feedstock demand will rise by over 7 million b/d between 2017 and 2040, surpassing oil demand growth from the transport sector. The resilience in demand is linked closely to GDP and tied to the growing consumption of plastics and fibres in developing countries where the standard of living continues to improve. 'Oil' based feedstocks, including ethane, are the main building blocks used to produce these plastics. The resilience in plastics demand therefore translates into a resilience of feedstock demand. In this Insight we address the following questions: • How important is petrochemical feedstock to global oil demand to 2040? • What drives strong growth in feedstock demand? • How does the petrochemical feedstock slate evolve throughout the forecast horizon? • What are the risks to the outlook, and what are the implications for global oil demand? • How do efforts to reduce packaging and boost recycling affect the outlook?
Table of contents
- For the Macro Oils Service H1 2018 long-term price outlook and full data set, please see here .
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Trade War Tremors: How US-China tariffs reshape the petrochemical landscape
Analysis on the impact of tariffs on US and China petrochemicals industry
$900
Insight
Key takeaways from the AFPM International Petrochemical Conference 2025
AFPM IPC 2025: Key takeaways across the chemicals value chain
$900
Insight
India’s potential as a refining and petrochemicals hub
Key themes: India's demand potential, investment challenges, competitiveness gaps, refining-chemicals integration and slow decarbonisation.
$900
