Allied Market Research
Loading...
0
New
New
2022
Basic Chemicals Market

Basic Chemicals Market by Product Type (Organic and Inorganic) and End User (Chemical Industry, Food & Beverages, Textiles, Pharmaceuticals, Pulp & Paper, Polymer, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A14984
Pages: 330
Dec 2021 | 404 Views
   
Author(s) : Chidanand Bilagi, Nikhil Mittal , Eswara Prasad
Tables: 162
Charts: 76
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Basic Chemicals Market

Request Now !

The global basic chemicals market was valued at $649.8 billion in 2020, and is projected to reach $949.1 billion by 2030, growing at a CAGR of 3.9% from 2021 to 2030.

Around 60% of the manufacturing industries were hardly hit by the pandemic while other industries such as food & beverages and pharmaceuticals are moderately affected due to high demand. This has led the basic chemicals market to witness a downfall in demand, attributed to its use in various manufacturing & other end-use sectors.

Basic chemicals are usually produced in large quantities and these chemicals are crucial products that will be used in the industrial and consumer sectors. Inorganic chemicals are chemical compounds that lack carbon-hydrogen bond while organic chemicals are chemical compounds that contain carbon-hydrogen bond. Acetic acid, ethanol, phenol, urea, benzene, ethylene, and methanol are some examples of organic chemicals that are used in applications such as vinegar production, pharmaceuticals, paints & adhesives, and descalers. Inorganic chemicals are used in applications such as pigmentation, semiconductor, fuel, medicine, and chemical industry.               

Basic-Chemicals-Market

Get more information on this report : Request Sample Pages

The increase in demand for a wide range of consumer goods has surged the growth of the chemical industries in both developed and developing economies where basic chemicals are used either as raw material or intermediate in manufacturing different products. This may act as one of the key drivers responsible for the growth of the basic chemicals market in the chemical industries. Furthermore, the increase in foreign direct investment (FDI) inflow in chemical industries boost the growth of the chemical manufacturing sectors where a wide range of basic chemicals are used for product manufacturing purposes. For instance, according to a report published by India Brands Equity Foundation, the FDI inflows in the chemical sector reached $18.69 billion from April 2020 and June 2021. All these factors collectively surge demand for basic chemicals, thereby augmenting the global basic chemicals industry growth.

However, exposure to chemicals can cause acute or long-term detrimental health hazards. There are different types of chemicals such as sulfuric acid, phosphoric acid, nitric acid, and others that may be hazardous if exposed beyond the permissible exposure limit. For example, as per the standard industrial guidelines issued by the Occupational Safety and Health Administration (OSHA), the legal airborne exposure limit for sulfuric acid is 1mg/m3 for an 8-hour work shift. Prolonged exposure to sulfuric acid may harm the eyes, skin, teeth, and lungs. Also, highly concentrated acids must be handled carefully otherwise they may cause serious skin problems. These factors together restrain the growth of the basic chemicals market. 

On the contrary, presence of major chemical manufacturing companies such as BASF SE, Bayer AG, Boehringer Ingelheim GmbH, and Evonik Industries AG in Germany is anticipated to drive the demand of the basic chemicals market. Factors such as investments and favorable frameworks are anticipated to escalate the production and sales of basic chemicals in Europe. In addition, according to report by Germany Trade & Invest (GTAI), efficient cost structure and presence of highly skilled labors has pushed the demand for adhesives & sealants manufacturers. Leading automotive expertise has created new opportunities for key-players entering into the market. Basic chemicals are being widely used in production of adhesives & sealants. This is further anticipated to offer new opportunities in the global market. 

The basic chemicals market is segmented on the basis of type, end-use, and region. On the basis of type, the market is categorized into organic and inorganic. By end use, the market is divided into chemical industry, food & beverages, textile, pharmaceuticals, pulp & paper, polymer, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. 

The major companies profiled in this report include BASF SE, Borealis AG, Eastman Chemical Company, INEOS, LyondellBasell Industries Holdings B.V., Mitsubishi Chemical Corporation, Shin-Etsu Chemical Co. Ltd., Solvay, Sumitomo Chemical Co. Ltd., and Tokyo Chemical Industry Co. Ltd.

Basic chemicals market, by region

The Asia-Pacific basic chemicals market accounted for 49.4% of the market share in 2020, and is projected to grow at the highest CAGR of 4.5% during the forecast period. Chemical industry sector in China is growing and remains to outpace as compared to other major chemical producing countries. Factors such as rise in investments, intense competition, and presence of large number chemical manufacturing companies is anticipated to drive the demand of basic chemicals market in Asia-Pacific. Coupled with shift towards specialty-chemical manufacturing sector, growing consumer-demand, and mounting superiority of China’s industrial output is another considerable factor driving the demand of basic chemicals sector in Asia-Pacific.

Basic Chemicals Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit highest CAGR of 4.5% during 2021-2028.

Get more information on this report : Request Sample Pages

Basic chemicals market, by product type

In 2020, the organic product type was the largest revenue generator, and is anticipated to grow at a CAGR of 3.2% during the forecast period. Phenol is a another important and widely used organic chemical compound in pharmaceutical sector. It is used to treat muscle spasticity by injecting phenol into muscles and it is widely used during ingrown toenail surgery is another considerable growth factor in the global market. Vaccines are utmost important in healthcare sector. However, proper storage of these vaccines is important in order to enhance the effectiveness of these vaccines. Bacteria tend to develop in these vaccines if not properly preserved and further leads to vaccine contamination. Thus, to overcome this problem, phenol is used as vaccine preservatives as it helps to prohibit the growth of bacteria and microbial contamination.

Basic Chemicals Market
By Product Type

Your browser does not support the canvas element.

InOrganic product type is the most lucrative segment

Get more information on this report : Request Sample Pages

Basic chemicals market, by end use

By end-use, the chemical industry segment dominated the global market in 2020, and is anticipated to grow at a CAGR of 3.4% during forecast period. The increasing demand for a wide range of consumer goods has surged the growth of the chemical industries in both developed and developing economies where basic chemicals are used either as raw material or intermediate in manufacturing different products. This may act as one of the key drivers responsible for the growth of the basic chemicals market in the chemical industries.  

Basic Chemicals Market
By End Use

Your browser does not support the canvas element.

Polymer end-use is projected as the fastest growing segment

Get more information on this report : Request Sample Pages

Key benefits for stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current market trends and future estimations of global basic chemicals market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Basic Chemicals Market

  • The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The basic chemicals market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on food & beverages, chemical, textile, pulp & paper, polymer, agriculture, and other sectors. According to a report published by the Ministry of Energy and Mineral Resources, the second quarter of 2020 registered a decrease in the economic growth by -5.3%, owing to the lockdown imposed amid the COVID-19 period. 
  • In addition, around 60% of the manufacturing industries were hardly hit by the pandemic while other industries such as food & beverages and pharmaceuticals are moderately affected due to high demand. This has led the basic chemicals market to witness a downfall in demand, attributed to its use in various manufacturing & other end-use sectors. 
  • Furthermore, the fuel consumption (gasoline) was decreased by 34% in April 2020 as compared to April 2019, owing to restrictions for the transportation of non-essential items. This has reduced the refining capacities of the major refineries; thus, decreasing the consumption of organic chemicals used in blending gasoline mixtures in the refineries. 
  • In addition, several key companies such as BASF SE, Solvay, and others have registered decreased in sales for their chemical segments amid the COVID-19 Scenario. For instance, Solvay registered a decrease in the net sales by 16.1% in 2020 as compared to 2019, owing to a decrease in the net sales of materials, chemicals, and solutions segments in 2020. 
  • However, several antimicrobial & disinfectant chemicals such as acetic acid, citric acid, and others have witnessed a significant increase in demand amid the pandemic. For instance, according to an article published by Cision, the production of antimicrobial products has gained immense traction amid the pandemic and is expected to surpass $7 billion by the end of 2020. 
  • In addition, the increasing awareness for hygiene & sanitization has surged the consumption of basic chemicals such as ethylene dichloride (EDC), vinyl chloride monomer (VCM), propylene, and others among the chemical industry and food & beverages sectors and is anticipated to grow rapidly post COVID-19 scenario. 
  • Furthermore, new emerging geographic scenario, enhanced domestic supply chain and strong public investments in chemical sector is projected to drive the growth of the basic chemicals market. For instance, according to an interim report published by the Australian Chemical Industry Forum (ACIF), the chemical industry is expected to return to pre-COVID-19 levels, driven by strong public investments. 
  • According to a report published by the Ministry of Energy and Mineral Resources of the Republic of Indonesia, the second quarter of 2020 registered a decrease in the economic growth by -5.3%, owing to the lockdown imposed in the various parts of the country. 
  • In addition, around 60% of the manufacturing industries in Indonesia were hardly hit by the pandemic while other industries such as food & beverages and pharmaceuticals are moderately affected due to high demand. This has led the basic chemicals market to witness a downfall in demand, attributed to its use in various manufacturing & other end-use sectors. Furthermore, the fuel consumption (gasoline) was decreased by 34% in April 2020 as compared to April 2019, owing to restrictions for the transportation of non-essential items. 
  • This has reduced the refining capacities of the Indonesian refiners; thus, decreasing the consumption of organic petrochemicals used in blending gasoline mixtures in the refineries. In addition, several key companies such as BASF SE, PT, Dow Indonesia, Solvay, and others have registered decreased in sales for their chemical segments amid the COVID-19 Scenario. For instance, Solvay registered a decrease in the net sales by 16.1% in 2020 as compared to 2019, owing to a decrease in the net sales of materials, chemicals, and solutions segments in 2020. 
  • However, several antimicrobial & disinfectant chemicals such as acetic acid, citric acid, and others have witnessed a significant increase in demand amid the pandemic. For instance, according to an article published by Cision, the production of antimicrobial products has gained immense traction amid the pandemic and is expected to surpass $7 billion by the end of 2020. 
  • In addition, the increasing awareness for hygiene & sanitization has surged the consumption of basic chemicals such as ethylene dichloride (EDC), vinyl chloride monomer (VCM), propylene, and others among the chemical industry and food & beverages sectors and is anticipated to grow rapidly post COVID-19 scenario. 

Key Market Segments

  • By Product Type
    • Organic
    • Inorganic
  • By End-Use
    • Chemical Industry
    • Food & Beverages
    • Textiles
    • Pharmaceuticals
    • Pulp & Paper
    • Polymer
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • Rest of LAMEA
  • Key players in the global basic chemicals market are:
    • BASF SE
    • Borealis AG
    • Eastman Chemical Company
    • INEOS
    • LyondellBasell Industries Holdings B.V.
    • Mitsubishi Chemical Corporation
    • Shin-Etsu Chemical Co. Ltd.
    • Solvay
    • Sumitomo Chemical Co. Ltd.
    • Tokyo Chemical Industry Co. Ltd.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rise in adoption of basic chemicals in food & beverage industry
3.4.1.2.Growth in pharmaceutical sector

3.4.2.Restraint

3.4.2.1.Health hazard associated with basic chemicals

3.4.3.Opportunity

3.4.3.1.Increase in agricultural additives

3.5.Value chain analysis
3.6.Pricing analysis
3.7.Impact of key regulations on the global basic chemicals market
3.8.Impact of COVID-19 on the global basic chemicals market
3.9.Patent analysis, 2012-2021

CHAPTER 4:BASIC CHEMICALS MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast, by type

4.2.Organic

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Inorganic

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

CHAPTER 5:BASIC CHEMICALS MARKET, BY END USE

5.1.Overview

5.1.1.Market size and forecast, by end-use

5.2.Chemical industry

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Food & beverages

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.Textile

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region

5.4.3.Market share analysis, by country

5.5.Pharmaceuticals

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country

5.6.Pulp & paper

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market share analysis, by country

5.7.Polymer

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market share analysis, by country

5.8.Others

5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast, by region
5.8.3.Market share analysis, by country

CHAPTER 6:BASIC CHEMICALS MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by end-use
6.2.4.Market share analysis, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by type
6.2.4.1.2.Market size and forecast, by end-use

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by type
6.2.4.2.2.Market size and forecast, by end-use

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by type
6.2.4.3.2.Market size and forecast, by end-use

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by end-use
6.3.4.Market share analysis, by country

6.3.4.1.Germany

6.3.4.1.1.Market size and forecast, by type
6.3.4.1.2.Market size and forecast, by end-use

6.3.4.2.France

6.3.4.2.1.Market size and forecast, by type
6.3.4.2.2.Market size and forecast, by end-use

6.3.4.3.Italy

6.3.4.3.1.  Market size and forecast, by type
6.3.4.3.2.  Market size and forecast, by end-use

6.3.4.4.Spain

6.3.4.4.1.Market size and forecast, by type
6.3.4.4.2.Market size and forecast, by end-use

6.3.4.5.UK

6.3.4.5.1.Market size and forecast, by type
6.3.4.5.2.Market size and forecast, by end-use

6.3.4.6.Rest of Europe

6.3.4.6.1.Market size and forecast, by type
6.3.4.6.2.Market size and forecast, by end-use

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by end-use
6.4.4.Market share analysis, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by type
6.4.4.1.2.Market size and forecast, by end-use

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by type
6.4.4.2.2.Market size and forecast, by end-use

6.4.4.3.India

6.4.4.3.1.Market size and forecast, by type
6.4.4.3.2.Market size and forecast, by end-use

6.4.4.4.South Korea

6.4.4.4.1.Market size and forecast, by type
6.4.4.4.2.Market size and forecast, by end-use

6.4.4.5.Australia

6.4.4.5.1.Market size and forecast, by type
6.4.4.5.2.Market size and forecast, by end-use

6.4.4.6.Rest of Asia-Pacific

6.4.4.6.1.Market size and forecast, by type
6.4.4.6.2.Market size and forecast, by end-use

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by end-use
6.5.4.Market share analysis, by country

6.5.4.1.Brazil

6.5.4.1.1.Market size and forecast, by type
6.5.4.1.2.Market size and forecast, by end-use

6.5.4.2.Saudi Arabia

6.5.4.2.1.Market size and forecast, by type
6.5.4.2.2.Market size and forecast, by end-use

6.5.4.3.South Africa

6.5.4.3.1.Market size and forecast, by type
6.5.4.3.2.Market size and forecast, by end-use

6.5.4.4.Rest of LAMEA

6.5.4.4.1.Market size and forecast, by type
6.5.4.4.2.Market size and forecast, by end-use

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.INTRODUCTION

7.1.1.MARKET PLAYER POSITIONING, 2020

7.2.TOP WINNING STRATEGIES

7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company

7.3.PRODUCT MAPPING OF TOP 10 PLAYER
7.4.COMPETITIVE DASHBOARD
7.5.COMPETITIVE HEATMAP
7.6.KEY DEVELOPMENTS

7.6.1.Expansions

CHAPTER 8:COMPANY PROFILES

8.1.BASF SE

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments

8.2.Borealis AG

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance

8.3.Eastman Chemical Company

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance

8.4.INEOS

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance

8.5.LyondellBasell Industries Holdings B.V.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.5.4.Business performance

8.6.Mitsubishi Chemical Corporation

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance

8.7.Shin-Etsu Chemical Co., Ltd.

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio
8.7.4.Business performance

8.8.Solvay

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance

8.9.Sumitomo Chemical Co., Ltd.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance

8.10.Tokyo Chemical Industry Co., Ltd. (TCI)

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio

LIST OF TABLES

TABLE 01.BASIC CHEMICALS MARKET, BY TYPE, 2020-2030 ($ BILLION)
TABLE 02.BASIC CHEMICALS MARKET, BY TYPE, 2020-2030 (MILLION METRIC TONS)
TABLE 03.BASIC CHEMICALS MARKET FOR ORGANIC, BY REGION, 2020–2030 ($BILLION)
TABLE 04.BASIC CHEMICALS MARKET FOR ORGANIC, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 05.BASIC CHEMICALS MARKET FOR INORGANIC, BY REGION, 2020–2030 ($BILLION)
TABLE 06.BASIC CHEMICALS MARKET FOR INORGANIC, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 07.BASIC CHEMICALS MARKET, BY END-USE, 2020-2030 ($BILLION)
TABLE 08.GLOBAL BASIC CHEMICALS MARKET, BY END-USE, 2020-2030 (MILLION METRIC TONS)
TABLE 09.BASIC CHEMICALS MARKET FOR CHEMICAL INDUSTRY, BY REGION, 2020–2030 ($BILLION)
TABLE 10.BASIC CHEMICALS MARKET FOR CHEMICAL INDUSTRY, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 11.BASIC CHEMICALS MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2030 ($BILLION)
TABLE 12.BASIC CHEMICALS MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 13.BASIC CHEMICALS MARKET FOR TEXTILE, BY REGION, 2020–2030 ($BILLION)
TABLE 14.BASIC CHEMICALS MARKET FOR TEXTILE, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 15.BASIC CHEMICALS MARKET FOR PHARMACEUTICALS, BY REGION, 2020–2030 ($BILLION)
TABLE 16.BASIC CHEMICALS MARKET FOR PHARMACEUTICALS, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 17.BASIC CHEMICALS MARKET FOR PULP & PAPER, BY REGION, 2020–2030 ($BILLION)
TABLE 18.BASIC CHEMICALS MARKET FOR PULP & PAPER, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 19.BASIC CHEMICALS MARKET FOR POLYMER, BY REGION, 2020–2030 ($BILLION)
TABLE 20.BASIC CHEMICALS MARKET FOR POLYMER, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 21.BASIC CHEMICALS MARKET FOR OTHERS, BY REGION, 2020–2030 ($BILLION)
TABLE 22.BASIC CHEMICALS MARKET FOR OTHERS, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 23.BASIC CHEMICALS MARKET, BY REGION, 2020–2030 ($BILLION)
TABLE 24.BASIC CHEMICALS MARKET, BY REGION, 2020–2030 (MILLION METRIC TONS)
TABLE 25.NORTH AMERICA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 26.NORTH AMERICA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 27.NORTH AMERICA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 28.NORTH AMERICA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 29.NORTH AMERICA BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 30.NORTH AMERICA BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 31.U.S. BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 32.U.S. BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 33.U.S. BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 34.U.S. BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 35.CANADA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 36.CANADA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 37.CANADA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 38.CANADA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 39.MEXICO BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 40.MEXICO BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 41.MEXICO BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 42.MEXICO BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 43.EUROPE BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 44.EUROPE BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 45.EUROPE BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 46.EUROPE BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 47.EUROPE BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 48.EUROPE BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 49.GERMANY BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 50.GERMANY BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 51.GERMANY BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 52.GERMANY BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 53.FRANCE BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 54.FRANCE BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 55.FRANCE BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 56.FRANCE BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 57.ITALY BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 58.ITALY BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 59.ITALY BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 60.ITALY BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 61.SPAIN BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 62.SPAIN BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 63.SPAIN BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 64.SPAIN BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 65.UK BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 66.UK BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 67.UK BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 68.UK BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 69.REST OF EUROPE BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 70.REST OF EUROPE BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 71.REST OF EUROPE BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 72.REST OF EUROPE BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 (MILLION METRIC TONS)
TABLE 73.ASIA-PACIFIC BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 74.ASIA-PACIFIC BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 75.ASIA-PACIFIC BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 76.ASIA-PACIFIC BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 77.ASIA-PACIFIC BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 78.ASIA-PACIFIC BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 79.CHINA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 80.CHINA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 81.CHINA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 82.CHINA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 83.JAPAN BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 84.JAPAN BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 85.JAPAN BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 86.JAPAN BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 87.INDIA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 88.INDIA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 89.INDIA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 90.INDIA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 91.SOUTH KOREA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 92.SOUTH KOREA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 93.SOUTH KOREA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 94.SOUTH KOREA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 95.AUSTRALIA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 96.AUSTRALIA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 97.AUSTRALIA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 98.AUSTRALIA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 99.REST OF ASIA-PACIFIC BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 100.REST OF ASIA-PACIFIC BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 101.REST OF ASIA-PACIFIC BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 102.REST OF ASIA-PACIFIC BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 103.LAMEA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 104.LAMEA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 105.LAMEA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 106.LAMEA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 107.LAMEA BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 108.LAMEA BASIC CHEMICALS MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 109.BRAZIL BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 110.BRAZIL BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 111.BRAZIL BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 112.BRAZIL BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 113.SAUDI ARABIA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 114.SAUDI ARABIA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 115.SAUDI ARABIA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 116.SAUDI ARABIA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 117.SOUTH AFRICA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 118.REST OF ASIA-PACIFIC BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 119.SOUTH AFRICA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 120.SOUTH AFRICA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 121.REST OF LAMEA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($BILLION)
TABLE 122.REST OF LAMEA BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 (MILLION METRIC TONS)
TABLE 123.REST OF LAMEA BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($BILLION)
TABLE 124.REST OF LAMEA BASIC CHEMICALS MARKET, BY APPLICATION, 2020–2030 (MILLION METRIC TONS)
TABLE 125.KEY EXPANSIONS (2018-2021)
TABLE 126.BASF SE: COMPANY SNAPSHOT
TABLE 127.BASF SE: OPERATING SEGMENT
TABLE 128.BASF SE: PRODUCT PORTFOLIO
TABLE 129.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 130.BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 131.BOREALIS AG: COMPANY SNAPSHOT
TABLE 132.BOREALIS AG: OPERATING SEGMENTS
TABLE 133.BOREALIS AG: PRODUCT PORTFOLIO
TABLE 134.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 135.EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
TABLE 136.EASTMAN CHEMICAL COMPANY: OPERATING SEGMENTS
TABLE 137.EASTMAN CHEMICAL COMPANY:PRODUCT PORTFOLIO
TABLE 138.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 139.INEOS: COMPANY SNAPSHOT
TABLE 140.INEOS: OPERATING SEGMENTS
TABLE 141.INEOS: PRODUCT PORTFOLIO
TABLE 142.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 143.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: COMPANY SNAPSHOT
TABLE 144.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: PRODUCT PORTFOLIO
TABLE 145.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 146.MITSUBISHI CHEMICAL CORPORATION: COMPANY SNAPSHOT
TABLE 147.MITSUBISHI CHEMICAL CORPORATION: OPERATING SEGMENTS
TABLE 148.MITSUBISHI CHEMICAL CORPORATION: PRODUCT PORTFOLIO
TABLE 149.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 150.SHIN-ETSU CHEMICAL CO., LTD.: COMPANY SNAPSHOT
TABLE 151.SHIN-ETSU CHEMICAL CO., LTD.: PRODUCT PORTFOLIO
TABLE 152.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 153.SOLVAY: COMPANY SNAPSHOT
TABLE 154.SOLVAY: OPERATING SEGMENTS
TABLE 155.SOLVAY: PRODUCT PORTFOLIO
TABLE 156.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 157.SUMITOMO CHEMICAL CO., LTD.: COMPANY SNAPSHOT
TABLE 158.SUMITOMO CHEMICAL CO., LTD.: OPERATING SEGMENTS
TABLE 159.SUMITOMO CHEMICAL CO., LTD.: PRODUCT PORTFOLIO
TABLE 160.OVERALL FINANCIAL STATUS ($BILLION)
TABLE 161.TOKYO CHEMICAL INDUSTRY CO., LTD.: COMPANY SNAPSHOT
TABLE 162.TOKYO CHEMICAL INDUSTRY CO., LTD.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.BASIC CHEMICALS MARKET SNAPSHOT
FIGURE 02.BASIC CHEMICALS MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.HIGH BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.HIGH COMPETITIVE RIVALRY
FIGURE 09.BASIC CHEMICALS MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.BASIC CHEMICALS MARKET, PRICING ANALYSIS OF ORGANIC CHEMICALS, BY TYPE, USD/TONS
FIGURE 12.BASIC CHEMICALS MARKET, PRICING ANALYSIS OF INORGANIC CHEMICALS, BY TYPE, USD/TONS
FIGURE 13.PATENT ANALYSIS, BY COUNTRY, 2012-2021
FIGURE 14.PATENT ANALYSIS, BY APPLICANT, 2012-2021
FIGURE 15.PATENT ANALYSIS, BY PUBLICATION DATE, 2012-2021
FIGURE 16.PATENT ANALYSIS, BY CHEMICAL TYPE, 2012-2021
FIGURE 17.BASIC CHEMICALS MARKET, BY TYPE, 2020–2030 ($MILILION)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR ORGANIC, BY COUNTRY,  2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR INORGANIC, BY COUNTRY,  2020 & 2030 (%)
FIGURE 20.BASIC CHEMICALS MARKET, BY END-USE, 2020–2030 ($MILILION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR CHEMICAL INDUSTRY, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR FOOD & BEVERAGES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR TEXTILE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR PHARMACEUTICALS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR PULP & PAPER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR POLYMER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF BASIC CHEMICALS MARKET FOR OTHERS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 28.GLOBAL BASIC CHEMICALS MARKET, BY REGION, 2020–2030 ($ BILLION)
FIGURE 29.U.S. BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 30.CANADA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 31.MEXICO BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 32.GERMANY BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 33.FRANCE BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 34.ITALY BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 35.SPAIN BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 36.UK BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 37.REST OF EUROPE BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 38.CHINA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 39.JAPAN BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 40.INDIA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 41.SOUTH KOREA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 42.AUSTRALIA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 43.REST OF ASIA-PACIFIC BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 44.BRAZIL BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 45.SAUDI ARABIA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 46.SOUTH AFRICA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 47.REST OF LAMEA BASIC CHEMICALS MARKET REVENUE, 2020–2030($BILLION)
FIGURE 48.MARKET PLAYER POSITIONING, 2020
FIGURE 49.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 50.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021 (%)
FIGURE 51.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 52.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 53.COMPETITIVE DASHBOARD
FIGURE 54.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 55.BASF SE: REVENUE, 2018–2020 ($BILLION)
FIGURE 56.BASF SE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.BASF SE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.BOREALIS AG: REVENUE, 2018–2020 ($BILLION)
FIGURE 59.BOREALIS AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 60.BOREALIS AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 61.EASTMAN CHEMICAL COMPANY: REVENUE, 2018-2020 ($BILLION)
FIGURE 62.EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 63.EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 64.INEOS: REVENUE, 2018–2020 ($BILLION)
FIGURE 65.INEOS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 66.INEOS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 67.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: NET SALES, 2018–2020 ($BILLION)
FIGURE 68.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 69.MITSUBISHI CHEMICAL CORPORATION: NET SALES, 2018–2020 ($BILLION)
FIGURE 70.MITSUBISHI CHEMICAL CORPORTATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 71.SHIN-ETSU CHEMICAL CO., LTD.  : REVENUE, 2019-2021 ($BILLION)
FIGURE 72.SOLVAY: NET SALES, 2018–2020 ($BILLION)
FIGURE 73.SOLVAY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 74.SOLVAY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 75.SUMITOMO CHEMICAL CO., LTD.: REVENUE, 2019–2021 ($BILLION)
FIGURE 76.SUMITOMO CHEMICAL CO., LTD.: REVENUE SHARE BY SEGMENT, 2021 (%)

 
 

The global basic chemicals market is expected to exhibit high growth potential owing to its use in food & beverages, textile, pulp & paper, and pharmaceuticals end-user. Acetic acid is an important chemical compound that is used as food additive for regulating acidity level and as a preservative is the key market trend. For instance, it is used to increase the level of acidity and decrease the pH level of food products and it also improves the organoleptic quality in food products such as salt and vinegar chips. 

Moreover, the increase in utilization of plastics across several end-use sectors has surged the growth of the polymer manufacturing industries where basic chemicals are widely used as a raw materials for product manufacturing purposes. This may act as one of the key drivers responsible for the growth of the basic chemicals market. Furthermore, polymers are widely accepted as a substitute of metals owing to its excellent significant properties such as high strength, corrosion resistance, lightweight, and others. This has led the polymer sector to witness a significant increase in demand where basic chemicals are used as a raw material for manufacturing applications.

Basic chemicals also find applications in chemical industry, building & construction, energy, and agriculture end use industries. The building and construction sector uses a wide range of basic chemicals such as caustic soda, vinyl chloride monomer (VCM), and others for manufacturing different building materials such as window glass, fittings, pipes and others. Caustic soda is a major raw material used in manufacturing glasses and geopolymer concretes. Moreover, vinyl chloride monomer (VCM) is used as a major precursor in the polymerization process to manufacture polyvinyl chloride (PVC) resin. This is not only gaining immense attention in the market but is also emerging as a key strategy in terms of gaining additional market demand.

 

PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
FREQUENTLY ASKED QUESTIONS?
Our Report Looks Like This
 

A. Rise in adoption of basic chemicals in food & beverage industry and growth in pharmaceutical industry are the key factors boosting the basic chemical market growth.

A. The global basic chemicals market forecast was valued at $649.8 billion in 2020, and is projected to reach $949.1 billion by 2030, growing at a CAGR of 3.9% from 2021 to 2030.

A. BASF SE, Borealis AG, Eastman Chemical Company, INEOS, LyondellBasell Industries Holdings B.V., Mitsubishi Chemical Corporation, Shin-Etsu Chemical Co. Ltd., Solvay, Sumitomo Chemical Co. Ltd., and Tokyo Chemical Industry Co. Ltd. are the most established players of the global basic chemical market.

A. Chemical industry is projected to increase the demand for basic chemical market.

A. The basic chemicals market is segmented on the basis of type, end-use, and region. On the basis of type, the market is categorized into organic and inorganic. By end use, the market is divided into chemical industry, food & beverages, textile, pharmaceuticals, pulp & paper, polymer, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

A. Use of formaldehyde for prevention of fabric wrinkling and water-proofing agent is the key market trend. In addition, it is also used to enhance the color fastness characteristics of the textile products. Chlorobenzenes are another important chemical compounds that are used during the dyeing process as levelling agents is driving the demand of the global market.

A. manufacturing of fertilizers, industrial & household cleaners, solders, paints, sheet metal, lead batteries, and fire retardants applications are expected to drive the adoption of basic chemical.

Allied Market Research Allied Market Research Allied Market Research
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Sample

OR

Purchase Full Report of
Basic Chemicals Market

Start reading instantly.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers