Other Basic Inorganic Chemical industry comprises establishments primarily engaged in manufacturing basic inorganic chemicals (except industrial gases, inorganic dyes and pigments, alkalis and chlorine, and carbon black).
The global other basic inorganic chemical market was valued at $167.0 billion in 2017. Asia Pacific was the largest geographic region accounting for $62.9 billion or 37.7% of the global market. China was the largest country accounting for $33.5 billion or 20.0% of the global other basic inorganic chemical market.
Companies in this market are increasingly adopting sustainable and ecofriendly processes to eliminate negative impact of chemical manufacturing on the environment. Evolution in technology and chemical sciences enabled manufacturers to utilize alternative fuels to produce chemical products. They are using naturally available carbon dioxide to produce fuels, industrial products and other substances.
Companies Covered: Olin Corporation, Chemours Company (The), Kronos Worldwide Inc, The Dow Chemicals Company, BASF SE
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