Petrochemicals are chemical compounds derived from crude oil, natural gas, coal, and renewable resources. Naphtha obtained from petroleum; It is the basic raw material used for the production of aromatic compounds such as benzene, xylene and toluene and olefins such as ethylene propylene. These chemicals are used in all sectors including packaging, construction, automotive, agriculture, electricity and electronics.

The global size of the petrochemical market was 700 billion dollars in 2018. Petrochemicals are growing at an average of 8.5 percent per year on a global scale. It is predicted that the size of the petrochemical market will exceed 1 trillion dollars in a short time. Parallel to this, petrochemical investments are increasing in our country.

The amount of petrochemical products are produced in Turkey can meet 25% of the domestic demand.

The only large-scale producer of petrochemical products in Turkey is Petkim, Socar.