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Peak demand for oil in 2022: Petrochemical demand to decline too
Oct 03:
There was a general consensus that petrochemical demand will never go down in the world.
8But this projection claims a 30% decline in petrochemicals production levels over the next 30 years, driven by regional transitions in product demand and in feedstock supply
8Petrochemicals will increasingly rely on gas as oil consumption declines.
8Globally, the model foresees a drive, aided by greater and more sophisticated digitalization, to optimize lifecycle performance for existing and new-build facilities throughout the refining and petrochemicals sectors.
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8But this projection claims a 30% decline in petrochemicals production levels over the next 30 years, driven by regional transitions in product demand and in feedstock supply
8Petrochemicals will increasingly rely on gas as oil consumption declines.
8Globally, the model foresees a drive, aided by greater and more sophisticated digitalization, to optimize lifecycle performance for existing and new-build facilities throughout the refining and petrochemicals sectors.
Click on Reports for more
