Petrochemicals: the resilience of feedstock demand Report

Insight 31 May 2018

Get this report

$2,500

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

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?