Automation And Instrumentation Solutions In The Petrochemical Industry
Western Europe was the largest region in the petrochemicals market in 2017, accounting for around 54% of the total market. Germany was the largest country in the market accounting for around 18% of the total market.
(EMAILWIRE.COM, October 16, 2018 ) Petrochemical companies are increasingly using automation and instrumentation solutions to control the production process more efficiently. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters and pressure transmitters that help to improve an organization's operational efficiency. For example, Siemens process instrumentation and gas analytics solutions increase productivity and efficiency during plant operations.
THE BUSINESS RESEARCH COMPANY EXPECTS THE PETROCHEMICAL MARKET TO DECLINE TO $570 BILLION BY 2021
Western Europe was the largest region in the petrochemicals market in 2017, accounting for half of the market share.
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According to The Business Research Company’s Consultant, Nitin Gianchandani, coal gasification as feedstock is being widely used to increase petrochemicals production. Petrochemical companies in China developed coal-based liquid fuels as a raw material to reduce its dependency on imported oil. The Chinese government is also encouraging petrochemical companies to use coal as the feedstock to reduce oil and gas imports.
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SABIC was the largest player in the petrochemicals market with revenues of $42.2 billion in 2016.
The petrochemicals manufacturing industry comprises establishments that primarily engage in manufacturing acyclic (aliphatic) hydrocarbons such as ethylene, propylene and butylene made from refined petroleum or liquid hydrocarbons and establishments that manufacture cyclic aromatic hydrocarbons such as benzene, toluene, styrene, xylene, ethyl benzene, and cumene from refined petroleum or liquid hydrocarbons. Hydrocarbons are organic compounds consisting entirely of hydrogen and carbon.
Petrochemicals Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
About The Business Research Company
Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.
The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company's management has more than 20 years
of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.
Contact Information.
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Email: info@tbrc.info
THE BUSINESS RESEARCH COMPANY EXPECTS THE PETROCHEMICAL MARKET TO DECLINE TO $570 BILLION BY 2021
Western Europe was the largest region in the petrochemicals market in 2017, accounting for half of the market share.
Order the report at: https://www.thebusinessresearchcompany.com/report/petrochemicals-global-market-report-2018
According to The Business Research Company’s Consultant, Nitin Gianchandani, coal gasification as feedstock is being widely used to increase petrochemicals production. Petrochemical companies in China developed coal-based liquid fuels as a raw material to reduce its dependency on imported oil. The Chinese government is also encouraging petrochemical companies to use coal as the feedstock to reduce oil and gas imports.
Download a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=213&type=smp
SABIC was the largest player in the petrochemicals market with revenues of $42.2 billion in 2016.
The petrochemicals manufacturing industry comprises establishments that primarily engage in manufacturing acyclic (aliphatic) hydrocarbons such as ethylene, propylene and butylene made from refined petroleum or liquid hydrocarbons and establishments that manufacture cyclic aromatic hydrocarbons such as benzene, toluene, styrene, xylene, ethyl benzene, and cumene from refined petroleum or liquid hydrocarbons. Hydrocarbons are organic compounds consisting entirely of hydrogen and carbon.
Petrochemicals Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
About The Business Research Company
Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.
The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company's management has more than 20 years
of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results