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Petrochemicals are chemical products that are derived from petroleum. These products are also known as petroleum distillates and some of these products are also derived from fossil fuels. The petrochemical is a large and significant industry that produces chemicals with oil and natural gas as the major raw materials. It holds a very important position in the global consumer, manufacturing, and industrial sectors. Scalar Market Research tracks the changes in the demand and supply patterns, advancing technologies, innovative sources, competition, and the major players in various segments and sub-segments of petrochemicals.

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