Petroleum and Petrochemicals research

In this session we deal with the petrol, petrochemistry and petrochemicals, petroleum is a naturally occurring flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compound, that are found under geological rocks beneath the earth's surface. The process of transformation of crude oil into the useful products is known as the petroleum refining.


 the compounds obtained after the process of refining are called as petrochemicals and some of the petrochemicals can be obtained from the fossil fuels such as coal, natural gas, petrol etc. The catalysts for chemical analysis, petrochemical, and oil refining processes constitute a significant business in the united state.


According to market analysis done on the petrochemicals, the research study says that the global market for petrochemicals is expected to reach a value of us$885.1 billion by the end of 2020. The market will grow with a cagr 6.4% from 2014 to 2020.


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