Chemicals Global Market Briefing Report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market size section gives the chemicals market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
The chemicals industry is one of the largest manufacturing industries in the world. It manufactures a variety of chemicals products by processing raw materials such as air, water, natural gas, oil, metals and minerals.
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Keyplayers in Chemicals Global Market Briefing Report 2016
- Exxon Mobil,
- LyondellBasell Industries,
BASF was the largest competitor with around 2% of the market, followed by Sinopec with 1.09% and Dow Chemicals with 1.05%.
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Chemicals is one of the main providers to other manufacturing industries including paper, plastics and rubber, machinery and transportation manufacturing; it also plays an important role in construction materials. The industry uses materials from the oil and gas, mining, and to a smaller extent agricultural markets as raw materials for the development of chemicals.
Asia was the largest geographic market in the chemicals sector in 2015, worth 57.8% of the global market. The growth of the Asian economies, the lower cost of labor and the concentration of manufacturing industries in these countries are the key reasons for their dominance in the global market.
The Americas are the second largest geographic market in 2015 with 21% of the market. North America is the most important region in the Americas.
Europe was the third largest geographic market in 2015 with 20% of the market. The European Union’s (EU) chemicals industry provides a significant contribution to EU net exports. It is one of the region’s most international, competitive and successful industries, connected to a wide range of processing and manufacturing industries.
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Detailed TOC of Chemicals Global Market Briefing Report 2016
- Chemicals Market Characteristics
- Chemicals Market Historic Growth
- Drivers of the Market
- Restraints on the Market
- Chemicals Market Forecast Growth
- Chemicals Market Geography Split
- Chemicals Market Segmentation
- Chemicals Competitive Landscape
- Key Mergers And Acquisitions In The Chemicals Market
- Chemicals Market Trends and Strategies
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