Market Overview:
The global chemicals market is expected to reach USD 1,817.5 billion by 2030, registering a CAGR of 4.4% during the forecast period 2018-2030. The growth in the global chemicals market can be attributed to factors such as rising demand from end-use industries and increasing investments in R&D for new product development. Based on type, the general chemical product segment is projected to lead the global chemicals market during the forecast period 2018-2030. This growth can be attributed to increasing demand for general chemical products from various end-use industries such as household, commercial and industrial sectors across the globe.
Product Definition:
Chemicals are substances that have a specific chemical composition and characteristic properties. They are used in many industrial processes to make products such as plastics, pharmaceuticals, and pesticides.
General Chemical Product:
General chemical product, also known as basic chemicals or universal chemicals is a category of chemical substances that are widely used in the production of various consumer goods. The demand for these products is expected to grow on account of growing industrialization and urbanization. These are the most common and basic ingredients required in large quantities for manufacturing numerous industrial products such as plastic, paints & coatings, adhesives & sealants among others.
Paints And Coatings:
Paints and coatings are used in the paints and coating industry for various applications such as residential, commercial, industrial, decorative and protective. Paints are also used in agriculture to protect crops from pests & UV rays. Coatings can be water-based or solvent-based or both based on the type of base material (acrylic or alkyd).
Application Insights:
The commercial application segment dominated the global market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to an increase in demand from various sectors such as pharmaceuticals, food and beverages, cosmetics and personal care products, printing inks and paper manufacturing among others.
Household is expected to be the fastest-growing segment owing to increasing consumer disposable income coupled with rising population across the globe. In addition, growing urbanization along with changing lifestyle has created a high demand for cleaning agents and household products which are made using synthetic or natural ingredients that have no substitutes on a global level thus driving growth of this segment during forecast years 2018-2030 (%. Note: Latin America includes Brazil only).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to register a significant growth rate owing to rapid industrialization, expansion of manufacturing facilities by various companies as well as domestic demand for consumer goods.
The construction industry in Asia Pacific has witnessed tremendous growth over the past few years on account of increasing investments in residential and commercial infrastructure projects. This, in turn, has led to increased consumption of paints and coatings across various applications such as wall coating, flooring, wood preservation etc., which will augment product demand over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive, and packaging
- Rapid urbanization and industrialization in developing countries
- Rising awareness about the benefits of using chemical products over traditional methods
- Technological advancements that have led to the development of new and innovative chemical products
- Growing demand for specialty chemicals
Scope Of The Report
Report Attributes
Report Details
Report Title
Chemicals Market Research Report
By Type
General Chemical Product, Paints And Coatings, Pesticides And Other Agricultural Chemicals, Fertilizer, Synthetic Rubber And Fibers, Others
By Application
Household, Commercial
By Companies
Sinopec, BASF, Bayer, DowDupont, LyondellBasell Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Chemicals Market Report Segments:
The global Chemicals market is segmented on the basis of:
Types
General Chemical Product, Paints And Coatings, Pesticides And Other Agricultural Chemicals, Fertilizer, Synthetic Rubber And Fibers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sinopec
- BASF
- Bayer
- DowDupont
- LyondellBasell Industries
Highlights of The Chemicals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Chemical Product
- Paints And Coatings
- Pesticides And Other Agricultural Chemicals
- Fertilizer
- Synthetic Rubber And Fibers
- Others
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chemicals are substances that are used in industry and everyday life. They can be natural or man-made, and they come in many different forms. Some chemicals are used to make products, while others are used to clean up the environment.
Some of the key players operating in the chemicals market are Sinopec, BASF, Bayer, DowDupont, LyondellBasell Industries.
The chemicals market is expected to grow at a compound annual growth rate of 4.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chemicals Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Chemicals Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Chemicals Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Chemicals Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Chemicals Market Size & Forecast, 2018-2028 4.5.1 Chemicals Market Size and Y-o-Y Growth 4.5.2 Chemicals Market Absolute $ Opportunity
Chapter 5 Global Chemicals Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chemicals Market Size Forecast by Type
5.2.1 General Chemical Product
5.2.2 Paints And Coatings
5.2.3 Pesticides And Other Agricultural Chemicals
5.2.4 Fertilizer
5.2.5 Synthetic Rubber And Fibers
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chemicals Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chemicals Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chemicals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chemicals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chemicals Analysis and Forecast
9.1 Introduction
9.2 North America Chemicals Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chemicals Market Size Forecast by Type
9.6.1 General Chemical Product
9.6.2 Paints And Coatings
9.6.3 Pesticides And Other Agricultural Chemicals
9.6.4 Fertilizer
9.6.5 Synthetic Rubber And Fibers
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chemicals Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chemicals Analysis and Forecast
10.1 Introduction
10.2 Europe Chemicals Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chemicals Market Size Forecast by Type
10.6.1 General Chemical Product
10.6.2 Paints And Coatings
10.6.3 Pesticides And Other Agricultural Chemicals
10.6.4 Fertilizer
10.6.5 Synthetic Rubber And Fibers
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chemicals Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chemicals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chemicals Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chemicals Market Size Forecast by Type
11.6.1 General Chemical Product
11.6.2 Paints And Coatings
11.6.3 Pesticides And Other Agricultural Chemicals
11.6.4 Fertilizer
11.6.5 Synthetic Rubber And Fibers
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chemicals Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chemicals Analysis and Forecast
12.1 Introduction
12.2 Latin America Chemicals Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chemicals Market Size Forecast by Type
12.6.1 General Chemical Product
12.6.2 Paints And Coatings
12.6.3 Pesticides And Other Agricultural Chemicals
12.6.4 Fertilizer
12.6.5 Synthetic Rubber And Fibers
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chemicals Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chemicals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chemicals Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chemicals Market Size Forecast by Type
13.6.1 General Chemical Product
13.6.2 Paints And Coatings
13.6.3 Pesticides And Other Agricultural Chemicals
13.6.4 Fertilizer
13.6.5 Synthetic Rubber And Fibers
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chemicals Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chemicals Market: Competitive Dashboard
14.2 Global Chemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sinopec
14.3.2 BASF
14.3.3 Bayer
14.3.4 DowDupont
14.3.5 LyondellBasell Industries