Geography
As India marches towards achieving a GDP of US$5 trillion by 2025-26, the significance of the petrochemicals business is growing as they cater to growth across several sectors viz. agriculture, automotive, packaging, construction, manufacturing, and many more. The demand for chemicals is predicted to nearly triple and the petrochemicals industry in India may reach US$1 trillion by 2040. What are petrochemicals?
Mineral Based Industry
73 Likes
Answer
Petrochemicals are important organic chemicals derived from petroleum products, LPG and coal.
Answered By
42 Likes
Related Questions
Name the steel plant located in Andhra Pradesh. What two advantages this steel plant have over the other steel plants in the public sector?
Give a geographical reason for each of the following:
(i) Steel products need to be galvanised.
(ii) Besides iron, manganese is a very important raw material in the steel manufacture process.
(iii) Mini-steel plants are located far from iron-ore deposits.
Why are traditional raw materials being replaced by petrochemical products?
or
Why are petrochemical products growing in popularity?
Name any two products made from petrochemicals.