The report "Top 15 Petrochemicals Market (Ethylene, Propylene, Benzene, Butadiene, Toluene, Xylenes, Ethylene Oxide, Propylene Oxide, Methanol, PE, PP, PVC, PS, PET, ABS), Applications, and Region - Global Forecast to 2021", The basic petrochemicals market is projected to grow from 250.3 Million tons in 2016 to 310.3 Million tons by 2021 at a CAGR of 4.4% from 2016 to 2021.

Ethylene: Ethylene is a key petrochemical used primarily in the production of polyethylene, which is widely used in packaging, pipes, and other applications.

Propylene: Propylene is essential for the production of polypropylene, used in various products like automotive parts, textiles, and packaging materials.

Methanol: Methanol is utilized as a feedstock for various chemicals and is also used in fuel blending.

Benzene: Benzene is a basic building block for several chemicals, including styrene, phenol, and nylon.

Toluene: Toluene is used in the production of benzene and other solvents, as well as in gasoline blending.

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Xylene: Xylene is utilized as a solvent and is also a precursor for terephthalic acid, which is used in polyester production.

Butadiene: Butadiene is crucial in the production of synthetic rubber, such as styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR).

Formaldehyde: Formaldehyde is used in the production of resins, plastics, and textiles.