Petrochemicals are useful chemical compounds obtained from the fractional distillation of crude oil and natural gas. Petrochemicals have a wide range applications in present era and found in almost every item ranging from a household carpet to fertilizers.
Petrochemicals are of three types, which are Olefins, Aromatics and Synthesis Gas. All types of petrochemicals find usage in different industrial applications and some of the commonly used petrochemicals are ethylene, benzene, polyester, phenol and toluene.
The Indian Petrochemical Industry plays a vital role in boosting the economy of the country by contributing in GDP. The Indian Petrochemical Industry is growing swiftly at a rate of over 11%, which is expected to increase in upcoming years.
Due to large scale applications, petrochemicals are always in demand and in the future, its demand is expected to increase. There are many small and large scale petrochemical companies in India, which provide essential products. This post describes about the Top 10 Petrochemical Companies in India: