The branch of Petrochemistry is among the six core industries in the world and plays a major role in influencing decision making for all the other important sections of the economy. Petroleum focuses on how crude oil and natural gas are transformed into raw materials and other useful products. It is the primary material for a multitude of chemical products, including pharmaceuticals, solvents, fertilizers, plastics, dyes, surfactants, fuels, and many others. Therefore many nations consider petroleum as an integral part of other industries & holds critical importance.Even though the trend towards Renewable and Alternative energy is building, it is still considered the global powerhouse. The petrochemical sector has embraced the sustainability challenge and has made substantial increases in production efficiency while steadily decreasing its energy input. A significant amount is contributed to the national GDP by Petrochemistry.
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