Chemicals Market 2020 Worldwide Industry Analysis - China Petroleum & Chemical Corporation (Sinopec); BASF SE

Chemicals Global Market Report 2020-30: Covid 19 Impact and Recovery

The market for chemicals consists of sales of chemicals by entities (organizations, sole traders and partnerships) that produce chemicals. The market is classified into different products based on their end use or application. Examples include toiletries, fertilizers and adhesives.

Asia Pacific was the largest region in the global chemicals market, accounting for 49% of the market in 2019. North America was the second largest region accounting for 17% of the global chemicals market. Africa was the smallest region in the global chemicals market.

The global chemicals market is expected to decline from $3870.4 billion in 2019 to $3726.9 billion in 2020 at a compound annual growth rate (CAGR) of -3.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $3689.4 billion in 2023.

Top Leading Companies mentioned are

China Petroleum & Chemical Corporation (Sinopec); BASF SE; Bayer AG; Dow Chemical; LyondellBasell Industries

Many chemical manufacturers are adopting IoT (Internet of Things) technologies to connect equipment’s and smart devices to garner real time insights and locate gaps in the manufacturing process. The data obtained is processed, analyzed and interpreted by plant managers and senior level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers on possible machine breakdowns.

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Market Segmentation by Types:

1) By Type: General Chemical Product; Printing Inks; Toiletries; Soap And Cleaning Compounds; Adhesives; Paints And Coatings; Pesticide And Other Agricultural Chemicals; Chemical Fertilizers; Synthetic Rubber And Fibers; Plastic Material And Resins; Ethyl Alcohol And Other Basic Organic Chemical; Other Basic Inorganic Chemical; Synthetic Dye And Pigment; Industrial Gas; Petrochemicals

Subsegments Covered: Oil-Based Printing Inks; Solvent-Based Printing Inks; Water-Based Printing Inks; Lotions (Including Sunscreens); Hair Preparations; Face Creams; Perfumes; Shaving Preparations; Other Cosmetic Preparations; Soap And Other Detergent Manufacturing; Surface Active Agent Manufacturing; Polish And Other Sanitation Goods Manufacturing; Water-Based; Solvent-Based; Hot-Melt-Based; Reactive & Others; Water Borne Coatings; Solvent Based Coatings; Powder Coatings; Others - Paints And Coatings; Herbicides; Insecticides; Fungicides; Others - Pesticide And Other Agricultural Chemicals; Nitrogen Fertilizer; Phosphate Fertilizer; Potash Fertilizer; Fibers; Styrene Butadiene Rubber (SBR); Polybutadiene (BR); Ethylene Propylene (EPDM); Others (IIR, CR, TPR, ABS, etc.); Polypropylene-Plastic Material And Resins; High-Density Polyethylene; Poly-Vinyl Chloride; Polyethylene Terephthalate; Polyurethane; Low-Density Polyethylene; Polystyrene-Plastic Material And Resins; Others - Plastic Material And Resins; Synthetic Sweeteners; Plasticizers Manufacturing; Ethyl Alcohol manufacturing; Silicone (except Resins) manufacturing; Fatty Acids Manufacturing; Gum And Wood Chemicals Manufacturing; Synthetic Dye; Synthetic Pigments; Nitrogen; Oxygen; Carbon Dioxide; Hydrogen; Others - Industrial Gas; Ethylene-Petrochemicals; Propylene-Petrochemicals; Benzene-Petrochemicals; Xylene; Styrene-Petrochemicals; Toluene; Cumene; Others - Petrochemicals

This report provides a detailed analysis of the Chemicals market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Essential points covered in Global Chemicals Market2020 Research are: -

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global Chemicals market?
• What are the key markets trends impacting the growth of the global Chemicals market?
• What are the challenges to market growth?
• Who are the key vendors in the global Chemicals market?
• What are the market opportunities and threats faced by the vendors in the global Chemicals market?
• What are the key outcomes of the five forces analysis of the global Chemicals market?

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This independent 450 pages report guarantees you will remain better informed than your competition. With over figures examining the Chemicals market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2020.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Chemicals in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Furthermore, the report provides a detailed analysis of the global Chemicals market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Lithium-Ion Batteries market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Chemicals on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Chemicals Market and assist manufacturers and Chemicals organization to better grasp the development course of Chemicals Market.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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