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
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Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
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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?
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How has the market performed over the last five years?
What are the main segments that make up the global chemicals market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Chemicals
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Chemicals in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Chemicals in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Chemicals in France
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Chemicals in Germany
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Chemicals in Italy
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Chemicals in Japan
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Chemicals in Australia
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Chemicals in Canada
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Chemicals in China
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Chemicals in The Netherlands
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Chemicals in Spain
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Chemicals in The United Kingdom
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Macroeconomic Indicators
27.1. Country data
28 Chemicals in The United States
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis
29 Macroeconomic Indicators
29.1. Country data
30 Company Profiles
30.1. BASF SE
30.2. Exxon Mobil Corporation
30.3. Mitsubishi Chemical Group Corporation
30.4. Akzo Nobel N.V.
30.5. Shell plc.
30.6. TotalEnergies S.E.
30.7. Solvay S.A
30.8. Arkema SA
30.9. Evonik Industries AG
30.10. Braskem SA
30.11. Nutrien Ltd
30.12. China National Petroleum Corporation
30.13. Tata Chemicals Ltd.
30.14. PT Lautan Luas Tbk
30.15. Linde plc
30.16. Yara International ASA
30.17. Kemira Oyj
30.18. Chevron Phillips Chemical Co LLC
30.19. Lotte Chemical Corp
30.20. SK Chemicals Co., Ltd.
30.21. LG Chem Ltd
30.22. Eti Maden Isletmeleri Genel Mudurlugu
30.23. Petkim Petrokimya Holding A.S.
30.24. Versalis SpA
30.25. DuPont de Nemours Inc
30.26. Sibur Holding
30.27. Togliattiazot
30.28. Nizhnekamskneftekhim
30.29. Sasol Limited
30.30. Omnia Holdings Ltd
30.31. Reliance Industries Limited
30.32. Petroleos Mexicanos
30.33. Orbia Advance Corp SAB de CV
30.34. Polynt SpA
30.35. Mitsui Chemicals, Inc.
30.36. Sumitomo Chemical Co., Ltd.
30.37. Toray Industries, Inc.
30.38. Incitec Pivot Ltd
30.39. Orica Ltd
30.40. China Petroleum & Chemical Corp
30.41. Sinochem Group Co., Ltd.
30.42. Compania Espanola de Petroleos SAU
30.43. Repsol, S.A.
30.44. Johnson Matthey PLC
30.45. LyondellBasell Industries N.V.
31 Appendix
31.1. Methodology
31.2. About MarketLine
List of Tables
Table 1: Global chemicals market value: $ billion, 2018-23
Table 2: Global chemicals market category segmentation: % share, by value, 2018–2023
Table 3: Global chemicals market category segmentation: $ billion, 2018-2023
Table 4: Global chemicals market geography segmentation: $ billion, 2023
Table 5: Global chemicals market value forecast: $ billion, 2023–28
Table 6: Global size of population (million), 2019–23
Table 7: Global gdp (constant 2005 prices, $ billion), 2019–23
Table 8: Global gdp (current prices, $ billion), 2019–23
Table 9: Global inflation, 2019–23
Table 10: Global consumer price index (absolute), 2019–23