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Recently, ChemAnalyst released the "2015-2030 Petrochemical Market Analysis Report"
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In addition, emerging economies are making huge investments to support their passenger car and commercial vehicle manufacturing industries, and global demand for rubber tires is expected to improve during the forecast period
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From a regional perspective, the Asia-Pacific region accounts for the largest share of the global petrochemical market, followed by North America and Western Europe
In addition, as the per capita income of emerging countries increases, so does the demand for petrochemicals and related products