Basic Chemicals Market Research Report – Forecast to 2023

Basic Chemicals Market Global Information: By Type (Organic- Ammonia, Chlorine, Sodium Hydroxide, and Inorganic- Benzene, Ethylene, Propylene), Application (Plastics, Fiber, Rubber, Fertilizers, Soaps & Detergents, Adhesives, And Building Materials) Region Forecast Till 2023

ID: MRFR/CnM/0492-HCR | February 2021 | Region: Global | 115 pages

Basic chemicals are widely used in the chemical industry to produce other chemical and non-chemical products. Some of the commonly used basic chemicals include benzene, ethylene, formaldehyde, ammonia, calcium carbonate, sodium hydroxide, chlorine, and sulfuric acid among others. The product finds application in plastic, rubber, fiber, soaps & detergents, ink, solvents, and fertilizers.


The global basic chemicals demand is driven by various major end-use industries such as transportation, packaging, agriculture, textile, electrical & electronic, pharmaceutical, and paints & coatings in both developed and developing regions. Growing packaging industry with surging demand for packaged beverages and food products due to convenience and improved product shelf life is propelling the basic chemicals market globally. The product consumption is increasing in developing economies such as India and China as a result of rising number of working population.


Reviving automotive industry in the developed regions combined with enlarging demand for fuel-efficient vehicles as a result of strict environmental regulations is uplifting the market growth. Additionally, increasing spending on the passenger vehicles in the developing regions coupled with rising disposable income of the consumers is likely to fuel the product demand.


Basic chemicals consumption is increasing in the agricultural industry as an ingredient in fertilizers owing to improved plant growth and crop protection. Burgeoning agriculture industry as a result of surging demand for nutritious food products coupled with rising health consciousness is uplifting the basic chemicals demand in agrochemicals.


Global basic chemical market share, by the application (%)


 Basic Chemical Market share


Regional Analysis


Asia Pacific accounted for the largest market share in the basic chemicals market in 2017 due to the huge presence of petrochemical manufacturers in India and China such as Finolex Ind, NOCIL, and SINOPEC Shanghai Petrochemical Co., Ltd. Additionally, surging demand for chemicals from the growing automotive, agriculture, and electrical & electronics among others are driving the market growth.


North America is the prominent region for basic chemicals owing to the expanding transportation sector including automotive, aviation, and marine industry. The increasing penetration of lightweight materials in the automotive and transportation industry in the region is projected to drive the demand during the forecast period.


Europe is likely to witness significant growth during the review period with expanding packaging industry. Growing production of PET bottles and packaged beverages & food products due to rising environmental issues is fuelling the demand in this region.


Latin America region is expected to witness a considerable growth due to growing packaging industry. Enlarging demand for basic chemicals in flexible packaging products such as plastic bags, pouches, and sachets is augmenting the market growth.


The Middle East and Africa are likely to witness moderate growth during the review period, 2018–2023 with growing end-use industries such as packaging, automotive, and petrochemicals among others.


Segmentation


The global basic chemicals market is segmented into type, application, and region.


On the basis of the type, the market is segmented into organic and inorganic chemicals. The inorganic chemicals are sub-segmented into ammonia, calcium carbonate, chlorine, hydrogen, sulfuric acid, titanium dioxide, sodium hydroxide, and others. The organic chemicals are sub-segmented into benzene, butadiene, ethylene, methanol, acetone, propylene, urea, and others.


On the basis of the application, the market is segregated into plastics, fiber, rubber, fertilizers, soaps & detergents, adhesives, building material, and others.


Based on the region, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.


Key Players


Some of the key players operating in the global basic chemicals market are BASF SE (Germany), DowDuPont (U.S.), Exxon Mobil Corporation (U.S.), China Petroleum & Chemical Corporation (China), SABIC (Saudi Arabia), LyondellBasell Industries Holdings B.V. (The Netherlands), INEOS (Switzerland), Formosa Plastics Corporation (U.S.), Mitsubishi Chemical Corporation (Japan), Royal Dutch Shell (The Netherlands), LG Chem (South Korea), BDC Group (U.S.), and Celanese Corporation (U.S.).


Intended Audience



  • Basic chemicals composites manufacturers

  • Traders and distributors of basic chemicals

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Bargaining power of suppliers

4.1.4 Threat of substitutes

4.1.5 Segment rivalry

4.2 Value Chain/Supply Chain of Global Basic Chemicals Market

5 Industry Overview of Global Basic Chemicals Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Basic Chemicals Market by Type

7.1 Introduction

7.2 Organic

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.2.3 Benzene

7.2.3.1 Market Estimates & Forecast, 2017-2023

7.2.3.2 Market Estimates & Forecast by Region, 2017-2023

7.2.4 Butadiene

7.2.4.1 Market Estimates & Forecast, 2017-2023

7.2.4.2 Market Estimates & Forecast by Region, 2017-2023

7.2.5 Ethylene

7.2.5.1 Market Estimates & Forecast, 2017-2023

7.2.5.2 Market Estimates & Forecast by Region, 2017-2023

7.2.6 Methanol

7.2.6.1 Market Estimates & Forecast, 2017-2023

7.2.6.2 Market Estimates & Forecast by Region, 2017-2023

7.2.7 Acetone

7.2.7.1 Market Estimates & Forecast, 2017-2023

7.2.7.2 Market Estimates & Forecast by Region, 2017-2023

7.2.8 Propylene

7.2.8.1 Market Estimates & Forecast, 2017-2023

7.2.8.2 Market Estimates & Forecast by Region, 2017-2023

7.2.9 Urea

7.2.9.1 Market Estimates & Forecast, 2017-2023

7.2.9.2 Market Estimates & Forecast by Region, 2017-2023

7.2.10 Others

7.2.10.1 Market Estimates & Forecast, 2017-2023

7.2.10.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Inorganic

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.3.3 Ammonia

7.3.3.1 Market Estimates & Forecast, 2017-2023

7.3.3.2 Market Estimates & Forecast by Region, 2017-2023

7.3.4 Calcium Carbonate

7.3.4.1 Market Estimates & Forecast, 2017-2023

7.3.4.2 Market Estimates & Forecast by Region, 2017-2023

7.3.5 Chlorine

7.3.5.1 Market Estimates & Forecast, 2017-2023

7.3.5.2 Market Estimates & Forecast by Region, 2017-2023

7.3.6 Hydrogen

7.3.6.1 Market Estimates & Forecast, 2017-2023

7.3.6.2 Market Estimates & Forecast by Region, 2017-2023

7.3.7 Sulfuric Acid

7.3.7.1 Market Estimates & Forecast, 2017-2023

7.3.7.2 Market Estimates & Forecast by Region, 2017-2023

7.3.8 Titanium Dioxide

7.3.8.1 Market Estimates & Forecast, 2017-2023

7.3.8.2 Market Estimates & Forecast by Region, 2017-2023

7.3.9 Sodium Hydroxide

7.3.9.1 Market Estimates & Forecast, 2017-2023

7.3.9.2 Market Estimates & Forecast by Region, 2017-2023

7.3.10 Others

7.3.10.1 Market Estimates & Forecast, 2017-2023

7.3.10.2 Market Estimates & Forecast by Region, 2017-2023

8. Global Basic Chemicals Market by Application

8.1 Introduction

8.2 Plastics

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Rubber

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

8.4 Fiber

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Region, 2017-2023

8.5 Fertilizers

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Region, 2017-2023

8.6 Soaps & Detergents

8.6.1 Market Estimates & Forecast, 2017-2023

8.6.2 Market Estimates & Forecast by Region, 2017-2023

8.7 Adhesives

8.7.1 Market Estimates & Forecast, 2017-2023

8.7.2 Market Estimates & Forecast by Region, 2017-2023

8.8 Building Material

8.8.1 Market Estimates & Forecast, 2017-2023

8.8.2 Market Estimates & Forecast by Region, 2017-2023

8.9 Others

8.9.1 Market Estimates & Forecast, 2017-2023

8.9.2 Market Estimates & Forecast by Region, 2017-2023

8.9.3 Pharmaceuticals

8.9.3.1 Market Estimates & Forecast, 2017-2023

8.9.3.2 Market Estimates & Forecast by Region, 2017-2023

9. Global Basic Chemicals Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Type, 2017-2023

9.2.3 Market Estimates & Forecast by Application, 2017-2023

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2017-2023

9.2.4.2 Market Estimates & Forecast by Type, 2017-2023

9.2.4.3 Market Estimates & Forecast by Application, 2017-2023

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2017-2023

9.2.5.2 Market Estimates & Forecast by Type, 2017-2023

9.2.5.3 Market Estimates & Forecast by Application, 2017-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Type, 2017-2023

9.3.3 Market Estimates & Forecast by Application, 2017-2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2017-2023

9.3.4.2 Market Estimates & Forecast by Type, 2017-2023

9.3.4.3 Market Estimates & Forecast by Application, 2017-2023

9.3.5 France

9.3.5.1 Market Estimates & Forecast, 2017-2023

9.3.5.2 Market Estimates & Forecast by Type, 2017-2023

9.3.5.3 Market Estimates & Forecast by Application, 2017-2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2017-2023

9.3.6.2 Market Estimates & Forecast by Type, 2017-2023

9.3.6.3 Market Estimates & Forecast by Application, 2017-2023

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2017-2023

9.3.7.2 Market Estimates & Forecast by Type, 2017-2023

9.3.7.3 Market Estimates & Forecast by Application, 2017-2023

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2017-2023

9.3.8.2 Market Estimates & Forecast by Type, 2017-2023

9.3.8.3 Market Estimates & Forecast by Application, 2017-2023

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2017-2023

9.3.9.2 Market Estimates & Forecast by Type, 2017-2023

9.3.9.3 Market Estimates & Forecast by Application, 2017-2023

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2017-2023

9.3.10.2 Market Estimates & Forecast by Type, 2017-2023

9.3.10.3 Market Estimates & Forecast by Application, 2017-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.3 Market Estimates & Forecast by Application, 2017-2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2017-2023

9.4.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.4.3 Market Estimates & Forecast by Application, 2017-2023

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2017-2023

9.4.5.2 Market Estimates & Forecast by Type, 2017-2023

9.4.5.3 Market Estimates & Forecast by Application, 2017-2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2017-2023

9.4.6.2 Market Estimates & Forecast by Type, 2017-2023

9.4.6.3 Market Estimates & Forecast by Application, 2017-2023

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2017-2023

9.4.7.2 Market Estimates & Forecast by Type, 2017-2023

9.4.7.3 Market Estimates & Forecast by Application, 2017-2023

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2017-2023

9.4.8.2 Market Estimates & Forecast by Type, 2017-2023

9.4.8.3 Market Estimates & Forecast by Application, 2017-2023

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2017-2023

9.4.9.2 Market Estimates & Forecast by Type, 2017-2023

9.4.9.3 Market Estimates & Forecast by Application, 2017-2023

9.5 The Middle East & Africa

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.3 Market Estimates & Forecast by Application, 2017-2023

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2017-2023

9.5.4.2 Market Estimates & Forecast by Type, 2017-2023

9.5.4.3 Market Estimates & Forecast by Application, 2017-2023

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2017-2023

9.5.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.5.3 Market Estimates & Forecast by Application, 2017-2023

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2017-2023

9.5.6.2 Market Estimates & Forecast by Type, 2017-2023

9.5.6.3 Market Estimates & Forecast by Application, 2017-2023

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2017-2023

9.5.7.2 Market Estimates & Forecast by Type, 2017-2023

9.5.7.3 Market Estimates & Forecast by Application, 2017-2023

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2017-2023

9.5.8.2 Market Estimates & Forecast by Type, 2017-2023

9.5.8.3 Market Estimates & Forecast by Application, 2017-2023

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2017-2023

9.6.2 Market Estimates & Forecast by Type, 2017-2023

9.6.3 Market Estimates & Forecast by Application, 2017-2023

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2017-2023

9.6.4.2 Market Estimates & Forecast by Type, 2017-2023

9.6.4.3 Market Estimates & Forecast by Application, 2017-2023

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2017-2023

9.6.5.2 Market Estimates & Forecast by Type, 2017-2023

9.6.5.3 Market Estimates & Forecast by Application, 2017-2023

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2017-2023

9.6.6.2 Market Estimates & Forecast by Type, 2017-2023

9.6.6.3 Market Estimates & Forecast by Application, 2017-2023

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2017-2023

9.6.7.2 Market Estimates & Forecast by Type, 2017-2023

9.6.7.3 Market Estimates & Forecast by Application, 2017-2023

10. Company Landscape

11. Company Profiles

11.1 BASF SE

11.1.1 Company Overview

11.1.2 Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 DowDuPont

11.2.1 Company Overview

11.2.2 Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Exxon Mobil Corporation

11.3.1 Company Overview

11.3.2 Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 China Petroleum & Chemical Corporation

11.4.1 Company Overview

11.4.2 Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 SABIC

11.5.1 Company Overview

11.5.2 Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 LyondellBasell Industries Holdings B.V

11.6.1 Company Overview

11.6.2 Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 INEOS

11.7.1 Company Overview

11.7.2 Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Formosa Plastics Corporation

11.8.1 Company Overview

11.8.2 Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Mitsubishi Chemical Corporation

11.9.1 Company Overview

11.9.2 Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Royal Dutch Shell

11.10.1 Company Overview

11.10.2 Type/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 LG Chem

11.11.1 Company Overview

11.11.2 Type/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 BDC Group

11.12.1 Company Overview

11.12.2 Type/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.1.3 Celanese Corporation

11.13.1 Company Overview

11.13.2 Type/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments


12. Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2016 To 2030)

Table 2 Global Basic Chemicals Market: By Region, 2017-2023

Table 3 North America Global Basic Chemicals Market: By Country, 2017-2023

Table 4 Europe Global Basic Chemicals Market: By Country, 2017-2023

Table 5 Asia Pacific Global Basic Chemicals Market: By Country, 2017-2023

Table 7 The Middle East & Africa Global Basic Chemicals Market: By Country, 2017-2023

Table 6 Latin America Global Basic Chemicals Market: By Country, 2017-2023

Table 8 Global Basic Chemicals by Types Market: By Regions, 2017-2023

Table 9 North America Global Basic Chemicals Market by Types Market: By Country, 2017-2023

Table 10 Europe Global Basic Chemicals Market by Types Market: By Country, 2017-2023

Table11 Asia Pacific Global Basic Chemicals Market by Types Market: By Country, 2017-2023

Table13 The Middle East & Africa Global Basic Chemicals Market by Types Market: By Country, 2017-2023

Table12 Latin America Global Basic Chemicals Market by Types Market: By Country, 2017-2023

Table14 North America Global Basic Chemicals Market for Application Market: By Country, 2017-2023

Table13 Europe Global Basic Chemicals Market for Application Market: By Country, 2017-2023

Table14 Asia Pacific Global Basic Chemicals Market for Application Market: By Country, 2017-2023

Table16 The Middle East & Africa Global Basic Chemicals Market for Application Market: By Country, 2017-2023

Table15 Latin America Global Basic Chemicals Market for Application Market: By Country, 2017-2023

Table23 Global Types Market: By Region, 2017-2023

Table24 Global Application Market: By Region, 2017-2023

Table25 North America Global Basic Chemicals Market, By Country

Table26 North America Global Basic Chemicals Market, By Types

Table27 North America Global Basic Chemicals Market, By Application

Table28 Europe: Global Basic Chemicals Market, By Country

Table29 Europe: Global Basic Chemicals Market, By Types

Table30 Europe: Global Basic Chemicals Market, By Application

Table31 Asia Pacific: Global Basic Chemicals Market, By Country

Table32 Asia Pacific: Global Basic Chemicals Market, By Types

Table33 Asia Pacific: Global Basic Chemicals Market, By Application

Table36 The Middle East & Africa: Global Basic Chemicals Market, By Country

Table37 The Middle East & Africa Global Basic Chemicals Market, By Types

Table33 The Middle East & Africa: Global Basic Chemicals Market, By Application

Table34 Latin America: Global Basic Chemicals Market, By Country

Table35 Latin America Global Basic Chemicals Market, By Types

Table33 Latin America: Global Basic Chemicals Market, By Application


LIST OF FIGURES

FIGURE 1 Global Basic Chemicals Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Basic Chemicals Market

FIGURE 4 Value Chain of Global Basic Chemicals Market

FIGURE 5 Share of Global Basic Chemicals Market in 2016, by country (in %)

FIGURE 6 Global Basic Chemicals Market, 2017-2023,

FIGURE 7 Sub-segments of Type

FIGURE 8 Global Basic Chemicals Market size by Type, 2016

FIGURE 9 Share of Global Basic Chemicals Market by Type, 2016 to 2023

FIGURE 10 Sub-segments of Application

FIGURE 11 Global Basic Chemicals Market size by Application, 2016

FIGURE 12 Share of Global Basic Chemicals Market by Application, 2016 to 2023