Chemicals Global Industry Almanac 2019-2028
Summary
Global Chemicals industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The chemicals market is categorized into commodity chemicals, specialty chemicals, agriculture chemicals, and other. Market values are taken as the country’s consumption of chemical products at producer selling price (PSP).
- Commodity chemicals are basic chemical products used in large quantities across various industries. Commodity chemicals are used for the production of man-made fibers, basic chemicals, rubber tires & tubes, plastic products, and others.
- Specialty chemicals are unique and high-value chemicals used for specific applications. Specialty chemicals are used in personal care & cosmetics, pharmaceuticals, food & beverage, adhesive & sealants, water treatment, construction, and others.
- Agricultural chemicals are used to improve crop production, protect plants from pests and diseases, and improve soil fertility. Agricultural chemicals have applications in fertilizers, pesticides, plant growth regulators, soil conditioners, antimicrobial agents, and others.
- The scope of other segment includes chemicals used for the manufacture of photographic plates, films, sensitized paper and other sensitized unexposed material. It also covers substances used to pickle metal, manufacture of propellant powders, and powders and pastes used in soldering, brazing or welding.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global chemicals market had total revenues of $5,336.6 billion in 2023, representing a compound annual growth rate (CAGR) of 5.4% between 2018 and 2023.
- The commodity chemicals segment accounted for the market’s largest proportion in 2023, with total revenues of $2,879.2 billion, equivalent to 54% of the market’s overall value.
- Asia-Pacific accounted for the largest share with 64.9% of the global chemical market in 2023, followed by Europe and the US.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global chemicals market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global chemicals market
- Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global chemicals market with five year forecasts
Reasons To Buy
- What was the size of the global chemicals market by value in 2023?
- What will be the size of the global chemicals market in 2028?
- What factors are affecting the strength of competition in the global chemicals market?
- How has the market performed over the last five years?
- What are the main segments that make up the global chemicals market?