About Petrochemicals
There are 1.22K companies in the Petrochemicals sector across the world, with 62 funded companies having collectively raised $98.6B in venture capital money and private equity. Overall 86 of these are Series A+ funded.
Petrochemicals sector has seen 36 acquisitions and 46 IPOs. This represents almost 6.7% of all such companies - which is higher than the 4.9% exit rate of tech companies in general.
Top Companies in Petrochemicals
There are more than 1.22K 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 |
|---|---|---|---|---|---|
Provider of exploration and production services for oil and gas sector | Dhahran (Saudi Arabia) | 1993 | Public | - | |
Producer of petrochemical and thermoplastic products | Sao Paulo (Brazil) | 2002 | Acquired | - | |
Manufacturer of carbon black and hydrogen products for various industrial uses | Lincoln (United States) | 2012 | Series D | $593M | |
Manufacturer of petrochemicals, advanced materials, and innovative life science solutions | 1947 | Public | - | ||
Innovating graphite and hydrogen production for batteries and heavy industry | Oakland (United States) | 2021 | Series A | $25M |
Companies founded year-on-year 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 | - |
2025 | - |
2024 | - |
2023 | 24 |
2022 | 25 |
2021 | 33 |
2020 | 28 |
2019 | 20 |
2018 | 28 |
2017 | 10 |
Companies founded across countries in the Petrochemicals sector
India has 345 Petrochemicals startups, the most by any country, followed by United States which has 103 startups and United Kingdom which has 50.
- Total Number of Companies
Country | No. of companies |
|---|---|
India | 345 |
United States | 103 |
United Kingdom | 50 |
United Arab Emirates | 36 |
Germany | 36 |
China | 31 |
Iran | 18 |
Russia | 16 |
Saudi Arabia | 13 |
Canada | 12 |
Stage-wise distribution of the Petrochemicals sector
Out of the total 1,221 Petrochemicals companies, 62 have secured funding. Among them, 86 have reached Series A or higher, and 84 to Series B or beyond.
Founded - 1,221
Funded - 62
Series A+ - 86
Series B+ - 84
Series C+ - 84
Company Stage | No. of companies |
|---|---|
Founded | 1,221 |
Funded | 62 |
Series A+ | 86 |
Series B+ | 84 |
Series C+ | 84 |
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- 1.2K+ Total Companies
- $98.6B+ Total Funding
- 60+ Funded Companies
- 45+ IPOs
- 35+ Acquisitions
Funding Trends in the Petrochemicals sector
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 | $13.1M |
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 $1.97B and United States with $1.63B.
- Total Funding
Country | Total Funding |
|---|---|
Saudi Arabia | $92.9B |
South Korea | $1.97B |
United States | $1.63B |
Brazil | $1.63B |
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 | $115M |
Early Stage | $38.8M |
Seed Stage | $3.55M |
Recent Funding Rounds in Petrochemicals
In the year 2024, till November 2024, Petrochemicals companies have raised $25M in equity funding across 3 rounds.
Here are some recent, important funding rounds in Petrochemicals:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 3581 | Nov 07, 2024 | ||
Series D | 4658 | Sep 26, 2024 | ||
Series A | 9200 | Jun 20, 2024 | ||
Seed | 6763 | Oct 04, 2022 | ||
Series D | 7313 | Jul 14, 2022 |
Top Investors in Petrochemicals
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 |
|---|---|---|
Washington, DC (United States) | ||
Oak Ridge (United States) | ||
Washington, DC (United States) | ||
Munich (Germany) |
M&A activity in Petrochemicals
In the year 2026, till March 2026, 2 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 |
|---|---|---|---|
Business Acquisition | Mar 09, 2026 | ||
Business Acquisition | Jan 02, 2026 | ||
Business Acquisition | Nov 28, 2025 | - | |
Business Acquisition | Apr 01, 2025 | ||
Business Acquisition | Feb 06, 2025 |
Acquisition trends in Petrochemicals
Here are the acquisition trends in Petrochemicals:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 3 |
2024 | 5 |
2023 | 2 |
2022 | 3 |
2021 | 5 |
2020 | 2 |
2019 | 2 |
2018 | 4 |
2017 | 2 |
IPOs in Petrochemicals
In the year 2025, till December 2025, 1 IPO happened in Petrochemicals sector.
Here are some recent, important IPOs in Petrochemicals:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 30, 2025 | National Stock Exchange (NSE) | |
Oct 28, 2024 | Muscat Securities Market (MSM) | |
Jul 02, 2024 | National Stock Exchange (NSE) | |
Aug 30, 2023 | Stock Exchange of Thailand (SET) | |
Jul 07, 2022 | Saudi Stock Exchange (TADAWUL) |
Colleges which produce the most Petrochemicals companies
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 |
University of Toronto | 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 Toronto alumni are second, and University of California (Berkeley) alumni are third.
College | Total Funding |
|---|---|
Stanford University | $1.66B |
University of Toronto | $1.21B |
University of California (Berkeley) | $31.1M |
Massachusetts Institute of Technology | $14.7M |
Top News in Petrochemicals
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Lam Research and JSR/Inpria Enter Cross-Licensing AgreementPR Newswire•Sep 16, 2025•JSR Corporation, Lam Research
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Lam Research and JSR Corporation enter into agreement for semiconductor manufacturingSeeking Alpha•Sep 16, 2025•JSR Corporation, Lam Research
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Japan's JIC to launch $5.4bn fund for big restructuring dealsNihon Keizai Shimbun•Jul 29, 2025•JSR Corporation, Japan Investment Corporation, JIC Capital
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New LIQUI MOLY motor oil for Stellantis modelsLIQUI MOLY•Jun 05, 2025•LIQUI MOLY, Stellantis, Citroen, Fiat and 4 others
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