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Chemicals Global Market Briefing 2015

Chemicals Global Market Briefing 2015

  • October 2015
  • 18 pages
  • ID: 3362940

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The global economy is expected to go through a continued period of steady growth during 2014-18. The chemicals sector grew from $3,435 billion in 2010 to $4,406 billion in 2014 at a compound annual growth rate of 6.4%. The chemicals market is fragmented. The top 5 competitors in the market made up 6.3% of the total market share in 2014. BASF was the largest competitor with 1.8% of the market, followed by Dow Chemical Company with 1.3% and Sinopec with 1.3%. The focus of production is now being shifted to developing countries like China, India and the Middle East, as these countries are increasingly investing in local chemical production. The total chemical sales in Asia are now almost double that of Europe.

Please note: this report requires certain updates. We have all the information available but require 3 business days to complete the process and ensure it is as up-to-date as possible.


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