Petrochemical sector: growth in oil demand by key region 1990-2040

This statistic displays the oil demand in the petrochemical sector from 1990 to 2040, by region. From 1990 to 2011, the global growth of oil demand in the petrochemical sector stood at approximately 2.8 percent per year. For the period between 2011 and 2020, the global oil demand in this sector is expected to increase an average 1.1 percent annually.

Global oil demand growth in the petrochemical sector in periods between 1990 and 2040, by key region*

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Release date

November 2014



Survey time period

1971 to 2014

Supplementary notes

* Growth of demand in the reference case.

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Statistics on "Oil industry in Nigeria"

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