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Global Chemicals Market (by Category & Region): Insights & Forecast Impact of COVID-19 (2022-2026)
The major regions (Asia, Europe, NAFTA, Latin America and Rest of the World) along with the country coverage of China, have been analyzed.
By: Koncept Analytics
In terms of category, the global chemicals market has been divided into commodity chemicals, specialty chemicals (also referred to as performance chemicals or effect chemicals), agriculture chemicals or agrochemicals and other chemicals such as construction chemicals, cosmetic chemicals, etc. Commodity chemicals or bulk chemicals are a set of chemicals that act as intermediates to other chemicals, which in turn are used to make a wide range of consumer products, including building materials, adhesives, plastics, base chemicals.
The fastest growing regional market was Asia owing to the increase in infrastructure construction activities, growing diversification and industrialization in economies such as Singapore, Malaysia, Thailand and India and increasing demand from various end user industries such as pharmaceuticals and nutraceuticals, personal care and cosmetics, automotive, and electrical and electronics. Other regions such as Europe and North America also hold significant shares in the global chemicals market.
Scope of the report:
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