How many total Petrochemicals companies are there?

As of Aug 2026, there are 1,378 active companies in Petrochemicals sector.

Which countries have the most Petrochemicals companies?

India (371) has the highest number of Petrochemicals companies, followed by United States (112) and United Kingdom (50).

How many Petrochemicals companies are funded?

As of Aug 2026, 64 companies in this sector have received funding.

Which company has raised the most funding in Petrochemicals sector?

As of Aug 2026, Monolith has secured $593M in funding, making it the highest-funded company in the Petrochemicals sector.

Which country has attracted the most investment in Petrochemicals companies?

With $92.9B in total funding, Saudi Arabia has attracted the most investment among Petrochemicals companies.

Who are the top investors in Petrochemicals companies?

The top investors in Petrochemicals companies by number of investments are Europa, HHS and OSTI

How much venture capital has Petrochemicals sector attracted?

In the last 10 years, venture capital firms have invested $25M in this sector.

Petrochemicals - 2026 Market & Investments Trends

There are 1.39K companies in the Petrochemicals sector across the world, with 64 funded companies having collectively raised $98.6B in venture capital money and private equity. Overall 97 of these are Series A+ funded.

Petrochemicals sector has seen 37 acquisitions and 56 IPOs. This represents almost 6.7% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.

This sector includes companies providing specialized materials, engineering equipment, products, or consulting services within the Petrochemicals sector to optimize downstream enterprise and industrial applications.

Petrochemicals sector is also known as Petrochemicals Solutions, Petrochemicals Products or Advanced Petrochemicals.

Companies included in Petrochemicals sector

Includes core manufacturing processes, standardized component supply channels, raw formulation mixes, and dedicated specialized technologies for Petrochemicals.

Companies excluded in Petrochemicals sector

Excludes generic mass consumer goods, non-specialized horizontal transport/logistics, and high-level general business consulting services.

Key Metrics

Total Companies

1.39K

Top Companies

Aramco, Braskem & more

Total Funding

$98.6B

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

Also known as

Petrochemicals Solutions or Petrochemicals Products

View complete details of this sector

There are more than 1.39K companies in Petrochemicals. Aramco is the top Petrochemicals company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Petrochemicals companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Aramco	Provider of exploration and production services for oil and gas sector	Dhahran (Saudi Arabia)	1993	Public	-
Braskem	Producer of petrochemical and thermoplastic products	Brazil	2002	Acquired	-
Monolith	Manufacturer of carbon black and hydrogen products for various industrial uses	Lincoln (United States)	2012	Series D	$593M
Lgchem	Manufacturer of petrochemicals, advanced materials, and innovative life science solutions	South Korea	1947	Public	-
Molten Industries	Innovating graphite and hydrogen production for batteries and heavy industry	Oakland (United States)	2021	Series A	$25M

Get a longer list of companies

Companies founded year-on-year in the Petrochemicals sector

2 new startups have been founded so far in 2026 in the Petrochemicals sector. 33 Petrochemicals startups were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	2
2025	-
2024	-
2023	27
2022	26
2021	33
2020	31
2019	23
2018	31
2017	12

Companies founded across countries in the Petrochemicals sector

India has 371 Petrochemicals startups, the most by any country, followed by United States which has 112 startups and United Kingdom which has 50.

Total Number of Companies

Country	No. of companies
India	371
United States	112
United Kingdom	50
United Arab Emirates	38
Germany	38
China	34
Iran	20
Russia	16
Saudi Arabia	14
Canada	12

Stage-wise distribution of the Petrochemicals sector

Out of the total 1,389 Petrochemicals companies, 64 have secured funding. Among them, 97 have reached Series A or higher, and 95 to Series B or beyond.

Founded - 1,389

Funded - 64

Series A+ - 97

Series B+ - 95

Series C+ - 95

Company Stage	No. of companies
Founded	1,389
Funded	64
Series A+	97
Series B+	95
Series C+	95

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1.4K+ Total Companies
$98.6B+ Total Funding
60+ Funded Companies
55+ IPOs
35+ Acquisitions

Total funding year-on-year in the Petrochemicals sector

The Petrochemicals sector saw a total funding of more than $98.5B in the last 10 years. The most amount of funding was in 2022 at more than $81.7B.

Total Funding

Year	Total Funding
2025	$20.5M
2024	$75.1M
2023	$856K
2022	$81.7B
2021	$12.5B
2020	$307M
2019	$2.57B
2018	$1.25B
2017	$27.6M

Total funding across countries in the Petrochemicals sector

In the last 10 years, Petrochemicals startups in Saudi Arabia have recieved the highest funding among all countries - $92.9B. South Korea follows with $1.95B and United States with $1.64B.

Total Funding

Country	Total Funding
Saudi Arabia	$92.9B
South Korea	$1.95B
United States	$1.64B
Brazil	$1.64B
Japan	$283M
Egypt	$7.8M
Thailand	$735K
Germany	$26.3K
India	-

Total funding amount raised by stage in the Petrochemicals sector

Over the last 10 years, the Petrochemicals sector have seen $3.55M into Seed Stage funding rounds, $38.8M into Early Stage funding rounds and $542M go into Late Stage funding rounds.

Funding Stage	Total Funding
Post IPO	$92.7B
Debt	$5.07B
Late Stage	$542M
Grant	$110M
Early Stage	$38.8M
Seed Stage	$3.55M

Recent Funding Rounds in Petrochemicals

In the year 2025, till June 2025, Petrochemicals companies have raised equity funding across 1 round. In the same period last year (i.e. till November 2024), Petrochemicals companies had raised $25M across 3 rounds.

Here are some recent, important funding rounds in Petrochemicals:

Company	Round Raised	Amount Raised	Funding Date	Investors
Gageproducts	Seed	7337	2025	Center Rock Capital Partners
Arus MR Tech	Seed	7473	Nov 07, 2024	Enrission India Capital
Monolith	Series D	5189	Sep 26, 2024	Azimuth Capital Management and 4 more
Molten Industries	Series A	9005	Jun 20, 2024	Breakthrough Energy and 10 more
Molten Industries	Seed	1475	Oct 04, 2022	Union Square Ventures and 4 more

See a more detailed list of funding rounds

Europa is the top investor in Petrochemicals companies based on number of companies invested.

Here are some top investors in Petrochemicals:

Investor	Location	Top Portfolio Companies
Europa	Belgium	Aramco, Braskem, Indroma Ventures and SCGC
HHS	Washington, DC (United States)	Axcend
OSTI	Oak Ridge (United States)	Braskem and Molten Industries
DOE	Washington, DC (United States)	Braskem and Monolith
J4.Ventures	New York City (United States)	Molten Industries

See a more detailed list of investors

In the year 2026, till May 2026, 4 acquisitions happened in Petrochemicals sector. Last year, in 2025, a total of 3 acquisitions happened in Petrochemicals sector.

Here are some recent, important acquisitions in Petrochemicals:

Company	Acquisition Type	Acquisition Date	Acquirers
Atkinson Oil	Business Acquisition	May 05, 2026	Colonial Oil Industries
Matex Control Chemical	Business Acquisition	Mar 19, 2026	-
Braskem	Business Acquisition	Mar 09, 2026	IG4 Capital
OxyChem	Business Acquisition	Jan 02, 2026	Berkshire Hathaway
Exxon Mobil Chemical	Business Acquisition	Nov 28, 2025	-

See a more detailed list of acquisitions

Acquisition trends in Petrochemicals

Here are the acquisition trends in Petrochemicals:

Total Number of Acquisitions

Year	No. of companies
2026	4
2025	3
2024	5
2023	2
2022	2
2021	5
2020	2
2019	2
2018	4
2017	2

In the year 2025, till December 2025, 2 IPOs happened in Petrochemicals sector.

Here are some recent, important IPOs in Petrochemicals:

Company	IPO Date	Exchange Symbol
SundrexOil	Dec 30, 2025	National Stock Exchange (NSE)
Psp-Group	Dec 04, 2025	Bursa Malaysia (KLSE)
OQ	Oct 28, 2024	Muscat Securities Market (MSM)
Petro Carbon And Chemicals	Jul 02, 2024	National Stock Exchange (NSE)
PSP	Aug 30, 2023	Stock Exchange of Thailand (SET)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Petrochemicals sector

Most number of Petrochemicals startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and University of California (Berkeley).

College	No. of companies
Stanford University	3
Massachusetts Institute of Technology	1
University of California (Berkeley)	1

Total funding in companies founded by alumni from top colleges in the the Petrochemicals sector

In the last 10 years, Stanford University graduates' Petrochemicals companies have raised the most funding among top colleges. University of California (Berkeley) alumni are second, and Massachusetts Institute of Technology alumni are third.