Commodity Chemicals Market

The report offers detailed coverage of Commodity Chemicals industry and main market trends. Commodity chemicals (bulk chemicals) are a group of chemicals that are made on a very large scale and act as intermediates to produce other chemicals, which, in turn are used to produce a extensive range of end-user products including construction materials, adhesives, plastics, apparel and tires. Commodity chemicals are the largest sub-segment of the chemical industry. Commodity chemicals are commonly traded under broad categories such as organics, inorganics, plastics resins, synthetic rubbers, fibers, films, explosives and petrochemicals. These broad categories include chemicals such as, acetic acid, acetone, acrylate esters, adipic acid, acrylonitrate, benzene, bisphenol, butadiene, butanediol, butyl acetate, hexane, melamine, polyvinyl chloride, propylene, methanol, methyl, glycol and glycerines. These chemical are very low in product differentiation, and hence making price the dominant economic factor in purchasing decisions for the end users.
The commodity chemical industry is highly fragmented and served with large number of local or regional players. Asia Pacific is by far the largest market for commodity chemicals accounting almost half of the total market. It is followed by North America and Europe. The growth prospective is still high in Asia Pacific attributed to the growing economy and ongoing trend and support for manufacturing sector in the developing countries such as India, China, and Indonesia. Bulk availability of crude oil and natural gas from gulf countries such as Saudi Arabian, Iran, Iraq and Syria is helping the commodity chemical industries in Asia Pacific. 
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Commodity Chemicals by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Commodity Chemicals market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Commodity Chemicals market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.


First, this report covers the present status and the future prospects of the global Commodity Chemicals market for 2015-2027.

Key Companies
BASF
Bayer
The Dow Chemical
Mitsubishi Chemical Holdings
PPG Industries
Linde
Akzo Nobel
LyondellBasell Industries
Asahi Kasei
Sumitomo Chemicals
Evonik Industries
INEOS
Chem


At the same time, we classify Commodity Chemicals according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Organics
Inorganics
Plastics Resins
Synthetic Rubbers
Fibers
Films
Explosives
Petrochemicals

Market by Application
Hospitals
Biotechnology Companies
Scientific Research Institutions And Universities
Others

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Commodity Chemicals market for the forecast period 2021 - 2027?
• What are the driving forces in the Commodity Chemicals market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Commodity Chemicals industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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