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Petrochemicals are an essential part of our daily lives because of their ability to transform oil and gas into a variety of everyday products like plastics, fertilizers, packaging, apparel, digital devices, medical equipment, detergents, and tires. They are used in many components of the contemporary energy system, including solar panels, wind turbine blades, batteries, thermal insulation for buildings, electric car components, and essential items for our daily lives. Petrochemicals are becoming ever more crucial to the global energy system, where they already play a significant role. Since the turn of the millennium, demand for plastics, the most well-known petrochemical goods, has exceeded that of all other bulk materials (such as steel, aluminum, or cement). However, the industry has been in the headlines recently as it contributes to global carbon emissions, and climate activists have been pushing for the industry to move towards more sustainable production.

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