The total value of manufactured products in the world petrochemical industry is estimated at 3.2$ trillion. The dependence of all industries on petrochemical products as well as the high diversity of products in this industry has made the countries of the world have a special focus on this sector
Hydrocarbons, like oil and gas, after passing through different layers of the value chain, are transformed into various polymeric and chemical products, which are capable of producing thousands of final products used by industries and communities. Polymer and chemical products are used in the production process of many types of equipment, materials, and consumer goods of human societies. One of the most important uses of polymers is plastic.
Plastics is the term commonly used to describe a wide range of synthetic or semi-synthetic materials that are used in a huge and growing range of applications. Everywhere you look, you will find plastics. We use plastic products to help make our lives cleaner, easier, safer and more enjoyable. We find plastics in the clothes we wear, the houses we live in, and the cars we travel in. The toys we play with, the screens we watch, the IT tools we use and medical equipment we benefit from all contain plastics.
Plastics are extremely versatile materials and are ideal for a wide range of consumer and industrial applications. The relatively low density of most plastics gives plastic products the advantages of light weight. And, although most have excellent thermal and electrical insulation properties, some plastics can be made to conduct electricity when required. They are corrosion resistant to many substances which attack other materials, making them durable and suitable for use in harsh environments. Some are transparent, making optical devices possible. They can easily be moulded into complex shapes, allowing other materials to be integrated into plastic products, and making them ideal for a wide range of functions. Furthermore, if the physical properties of a given plastic do not quite meet the specified requirements, its balance of properties can be modified with the addition of reinforcing fillers, colours, foaming agents, flame retardants, plasticisers, etc., to meet the demands of the specific application.In principle, plastics can be developed with virtually any combination of properties to accommodate almost any application you can think of.