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Chemicals Global Industry Almanac 2020-2029

Chemicals Global Industry Almanac 2020-2029

Summary

Global Chemicals industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Chemicals market is segmented into commodity chemicals, specialty chemicals, agriculture chemicals, and others. Market values represent country's consumption of chemical products at the producer's selling price (PSP).
- Commodity chemicals are basic chemical products used in large quantities across various industries. These chemicals are essential in the production of items such as man-made fibers, basic chemicals, rubber tires and tubes, plastic products, etc. Specialty chemicals are distinctive, high-value substances designed for specific applications. These chemicals play a critical role in industries like personal care and cosmetics, pharmaceuticals, food and beverages, adhesives and sealants, water treatment, and construction. Agricultural chemicals are vital for enhancing crop production, protecting plants from pests and diseases, and improving soil fertility. They are used in fertilizers, pesticides, plant growth regulators, soil conditioners, antimicrobial agents, and other related applications. The scope of others segment includes chemicals used for the manufacture of photographic plates, films, sensitized paper and other sensitized unexposed material. It also includes substances used for pickling metal, making propellant powders, and creating powders and pastes for soldering, brazing, or welding.
- All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global chemicals market recorded revenues of $5,441.1 billion in 2024, representing a compound annual growth rate (CAGR) of 5.9% between 2019 and 2024.
- The commodity chemicals segment accounted for the market's largest proportion in 2024, with total revenues of $2,948.6 billion, equivalent to 54.2% of the market's overall value.
- According to GlobalData, Asia-Pacific dominated the global chemicals market in 2024, commanding the largest share of 63.1%.

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 by both value and volume
- Macroeconomic indicators provide insight into general trends within the global economy

Reasons to Buy

- What was the size of the global chemicals market by value in 2024?
- What will be the size of the global chemicals market in 2029?
- 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?