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. While many of the products from the industry, such as detergents, soaps and perfumes, are purchased directly by the consumer, 70% of chemicals manufactured are used by other industries Including other branches of the chemicals industry itself, to make products.
Chemicals By Ends Use Global Market Size
Asia Pacific was the largest region in the chemicals manufacturing market in 2017, accounting for 36% market share. Western Europe was the second largest region accounting for 26% market share. Of the featured regions, Africa was the smallest region accounting for 3% market share.
Chemicals By Ends Use Global Market Trend
Many chemical manufacturers are adopting IoT (Internet of Things) technologies to connect equipment’ and smart devices to garner real time insights and locate gaps in the manufacturing process. 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.
The companies covered are China Petroleum & Chemical Corporation (Sinopec), BASF SE, Bayer AG, Dow Chemical, and LyondellBasell Industries.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Chemicals By Ends Use Global Market Segmentation
The chemicals by ends use market is segmented into Ethyl Alcohol and Other Basic Organic Chemical; Petrochemicals; Plastic Material and Resins; Fertilizer; Toiletries; General Chemical Product; Soap And Cleaning Compounds; Paints and Coatings; Other Basic Inorganic Chemical; Pesticide And Other Agricultural Chemicals; Synthetic Rubber And Fibers; Adhesives; Synthetic Dye And Pigment, Industrial Gas; and Printing Inks.
General Chemical Product comprises establishments primarily engaged in manufacturing general chemical products (except basic chemicals, resins, synthetic rubber and other chemicals mentioned in other segments).
Paints and Coatings Paints are any liquids or liquefiable or mastic compositions which on application to a substrate in a thin layer will convert into a solid film. They are most commonly used to protect, color or provide texture to objects. An industrial coating is a paint or coating defined by its protective, rather than its aesthetic properties, although it can provide both.
Pesticides and Other Agricultural Chemicals are chemicals used to eliminate or control a variety of pests related to agriculture that can damage crops and livestock and reduce farm productivity. Agricultural chemicals are chemical agents such as pesticides, fungicides, herbicides and insecticides that are used to control crop-harming organisms (e.g., fungi, nematodes, mites, insects and rodents) or viruses.
Fertilizer is any material of natural or synthetic origin that is applied to soils or to plants to supply one or more plant nutrients essential to the growth of plants.
Synthetic Rubber and Fibers comprise establishments that primarily manufacture synthetic rubber, which is a polymer either produced from natural sources such as natural rubber or synthesized on an industrial scale.
Plastic Materials and Resins consists of any of a wide range of synthetic or semi-synthetic organics that are malleable and can be molded into solid objects of diverse shapes. Due to their relatively low cost, ease of manufacture, versatility, and rigidity to water, plastics are used in an enormous and expanding range of products, from paper clips to spaceships. Some examples of plastic materials include polyethylene terephthalate and polyvinyl chlorides.
Ethyl Alcohol and Other Basic Organic Chemicals are a broad class of substances containing carbon and its derivatives. Many of these chemicals contain hydrogen with or without oxygen, nitrogen, sulfur, phosphorus, and other elements. They exist in either carbon chain or a carbon ring form . Acetic acid, methanol, ethyl alcohol, formaldehyde, citric acid, aromatic polymers and other basic organic chemicals are part of this segment and find their applications in drugs, pesticides, plastics, cosmetics and other products.
Industrial Gas is also referred to as bulk gases or commodity gases; they are produced in relatively large quantities by companies for use in a variety of industrial manufacturing processes. The industrial gas industry comprises establishments primarily engaged in manufacturing industrial organic and inorganic gases in compressed, liquid, and solid forms.
Soap and Cleaning Compounds are substances made of a compound of natural oils or fats with sodium hydroxide or another strong alkali and typically having perfume and colouring added. They are used with water for washing and cleaning. The soap and cleaning compounds industry comprises establishments primarily engaged in manufacturing and packaging soap and other cleaning compounds, surface active agents and textile and leather finishing agents used to reduce tension or speed the drying process.
Toiletries industry includes companies involved in preparing, blending, compounding, and packaging toiletries. The products that are classified as toiletries include perfumes, shaving preparations, hair preparations, face creams, lotions, sunscreens and other cosmetics. These products are used for cleansing, beautifying, and improving attractiveness and appearance of the human body.