Global Commodity Chemicals Market valued approximately USD 2722.29 billion in 2018 is anticipated to grow with a healthy growth rate of more than 6.50% over the forecast period 2019-2026. Commodity chemicals (bulk chemicals) are a group of chemicals that are made on a very large scale and act as intermediates to produce other chemicals, which, in turn are used to produce a extensive range of end-user products including construction materials, adhesives, plastics, apparel and tires. The market growth is primarily driven by growth in economy of both developing and developed countries. However, strict government regulations regarding environmental concerns and volatility in prices of crude oil and natural gas are expected to hamper the market growth.
The regional analysis of Global Commodity Chemicals Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2019-2026.
The leading market players mainly include-
BASF
DOW Chemical Company
Sinopec
SABIC
INEOS
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Organics
Inorganics
By Application:
Consumer Product
Food & Beverage
Plastic Industry
Mining & Construction
Oil & Gas Industry
Construction Materials
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Commodity Chemicals Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on Commodity Chemicals . Industry analysis & Market Report on Commodity Chemicals is a syndicated market report, published as Global Commodity Chemicals Market Size study, by Type (Organics, Inorganics), by Application (Consumer Product, Food & Beverage, Plastic Industry, Mining & Construction, Oil & Gas Industry, Construction Materials) and Regional Forecasts 2019-2026. It is complete Research Study and Industry Analysis of Commodity Chemicals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.