Australia Chemicals Market Summary, Competitive Analysis and Forecast to 2028
Summary
Chemicals in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, 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).
- The Australian chemicals market had total revenues of $19.4 billion in 2023, representing a compound annual growth rate (CAGR) of 6% between 2018 and 2023.
- The commodity chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $13.1 billion, equivalent to 67.9% of the market's overall value.
- The Australian chemicals market is impacted by macroeconomic factors such as GDP growth, inflation rates, energy costs, technological advancement, and industrial production. According to the Australian Bureau of Statistics (ABS), the output prices of manufacturing industries rose by 0.3% in December 2023 thereby creating demand for the chemicals market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in Australia
- 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 Australia chemicals market with five year forecasts
- What was the size of the Australia chemicals market by value in 2023?
- What will be the size of the Australia chemicals market in 2028?
- What factors are affecting the strength of competition in the Australia chemicals market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's chemicals market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the players?
- 7.3. What are the recent developments of the players?
- 8 Company Profiles
- 8.1. BASF SE
- 8.2. Incitec Pivot Ltd
- 8.3. Orica Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Australia chemicals market value: $ billion, 2018-23
- Table 2: Australia chemicals market category segmentation: % share, by value, 2018-2023
- Table 3: Australia chemicals market category segmentation: $ billion, 2018-2023
- Table 4: Australia chemicals market geography segmentation: $ billion, 2023
- Table 5: Australia chemicals market value forecast: $ billion, 2023-28
- Table 6: BASF SE: key facts
- Table 7: BASF SE: Annual Financial Ratios
- Table 8: BASF SE: Key Employees
- Table 9: Incitec Pivot Ltd: key facts
- Table 10: Incitec Pivot Ltd: Annual Financial Ratios
- Table 11: Incitec Pivot Ltd: Key Employees
- Table 12: Orica Ltd: key facts
- Table 13: Orica Ltd: Annual Financial Ratios
- Table 14: Orica Ltd: Key Employees
- Table 15: Australia size of population (million), 2019-23
- Table 16: Australia gdp (constant 2005 prices, $ billion), 2019-23
- Table 17: Australia gdp (current prices, $ billion), 2019-23
- Table 18: Australia inflation, 2019-23
- Table 19: Australia consumer price index (absolute), 2019-23
- Table 20: Australia exchange rate, 2019-23
- List of Figures
- Figure 1: Australia chemicals market value: $ billion, 2018-23
- Figure 2: Australia chemicals market category segmentation: $ billion, 2018-2023
- Figure 3: Australia chemicals market geography segmentation: % share, by value, 2023
- Figure 4: Australia chemicals market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the chemicals market in Australia, 2023
- Figure 6: Drivers of buyer power in the chemicals market in Australia, 2023
- Figure 7: Drivers of supplier power in the chemicals market in Australia, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the chemicals market in Australia, 2023
- Figure 9: Factors influencing the threat of substitutes in the chemicals market in Australia, 2023
- Figure 10: Drivers of degree of rivalry in the chemicals market in Australia, 2023
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