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Regional Market Landscape

2025-11-21

The global market exhibits a "multipolar development" pattern. North America and Europe are traditional key production and consumption markets. The Asia-Pacific region, especially China, has become a core production area and growth engine, with the Yangtze River Delta and Pearl River Delta regions contributing over 70% of global capacity. Meanwhile, regions like the Middle East and Africa are experiencing rapid demand growth due to the expansion of their petrochemical industries.

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