DataM Intelligence recently conducted a market study and trend analysis that indicated that the petrochemical market is anticipated to expand at a CAGR of 2.6% between the forecast periods of 2022 and 2029

The demand rise for petrochemicals can be attributed primarily to strong growth for daily essentials such as personal care products and household goods. Further, geography has been an essential parameter for success in the petrochemical industry, particularly for capitalizing on emerging…