The global petrochemical market is highly competitive, with several key players dominating the industry. These companies compete on factors such as pricing, product quality, innovation, and market presence. The market is characterized by intense rivalry and constant technological advancements in production processes.
Top Market Players:
1. SABIC (Saudi Basic Industries Corporation)
2. ExxonMobil
3. Dow Chemical Company
4. BASF SE
5. Royal Dutch Shell
6. LyondellBasell Industries
7. Total SA
8. Chevron Phillips Chemical Company
9. China National Petroleum Corporation (CNPC)
10. INEOS Group AG