The amount of oil demanded for the global production of plastics amounted to approximately nine million barrels per day as of 2019. Provided that plastic pyrolyzation technology does not advance significantly enough to allow plastic recycling to be more effective, it is projected that the volume of oil demanded to produce plastics will amount around 23 million barrels per day in 2060.
Oil demand for plastics production worldwide in 2019, 2050, and 2060
(in million barrels per day)
*The source lists this figure as referring to oil consumption for producing plastics at naphtha crackers in China, Europe, and emerging Asian economies.
** Projection. Figure for 2050 refers to petrochemical demand for oil.
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Petroleum Economist. (November 15, 2019). Oil demand for plastics production worldwide in 2019, 2050, and 2060 (in million barrels per day) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/664933/oil-demand-plastics-production-globally/
Petroleum Economist. "Oil demand for plastics production worldwide in 2019, 2050, and 2060 (in million barrels per day)." Chart. November 15, 2019. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/664933/oil-demand-plastics-production-globally/
Petroleum Economist. (2019). Oil demand for plastics production worldwide in 2019, 2050, and 2060 (in million barrels per day). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/664933/oil-demand-plastics-production-globally/
Petroleum Economist. "Oil Demand for Plastics Production Worldwide in 2019, 2050, and 2060 (in Million Barrels per Day)." Statista, Statista Inc., 15 Nov 2019, https://www.statista.com/statistics/664933/oil-demand-plastics-production-globally/
Petroleum Economist, Oil demand for plastics production worldwide in 2019, 2050, and 2060 (in million barrels per day) Statista, https://www.statista.com/statistics/664933/oil-demand-plastics-production-globally/ (last visited November 24, 2024)
Oil demand for plastics production worldwide in 2019, 2050, and 2060 (in million barrels per day) [Graph], Petroleum Economist, November 15, 2019. [Online]. Available: https://www.statista.com/statistics/664933/oil-demand-plastics-production-globally/
