Commodity Chemicals Market - Global Industry Analysis and Forecast to 2020
Persistence Market Research
Commodity Chemicals Market - Global Industry Analysis and Forecast to 2020
Persistence Market Research
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Commodity Chemicals Market - Global Industry Analysis and Forecast to 2020 Persistence Market Research Released New Market Report on “Commodity Chemicals Market - Global Industry Analysis and Forecast to 2020�. 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.
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The commodity chemical market 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.
Commodity chemicals serve a wide range of industries ranging from personal care products to aerospace industries. It has its application either directly or indirectly in almost all manufacturing industries. The economy growth and increasing Gross domestic product (GDP) of developed and developing countries around the world is boosting the overall market of commodity chemicals. However the stiff regulation of the governments around the world regarding the
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Commodity Chemicals Market - Global Industry Analysis and Forecast to 2020 health and environment side effect of chemicals and fluctuating prices of crude oil and natural gas are posing significant challenge for the industry.
Some of the major players in commodity chemicals market include, BASF SE, Bayer AG, The Dow Chemical Company, Mitsubishi Chemical Holdings Corporation, PPG industries, Linde Group, Akzo Nobel, LyondellBasell Industries, Asahi Kasei, Sumitomo chemicals, Evonik Industries, INEOS Group Holding and Chem China. Request Full Toc: http://www.persistencemarketresearch.com/toc/2787
Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc (as applicable) 2. The report covers geographic segmentation North America Europe Asia RoW 3. The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020 4. The report provides company profiles of some of the leading companies operating in the market 5. The report also provides porters five forces analysis of the market. Browse the full “All Upcoming Persistence Market's ” report at http://www.persistencemarketresearch.com/forthcoming-reports.asp About Us: Persistence Market Research is a global market research firm specializing- syndicated research, custom research, and consulting services At Persistence Market Research (PMR), we are in the business of accelerating your business. As a full-service market research firm, we stand committed to bringing more accuracy and speed to your business decisions. From ready-to-purchase market research reports to customized global research solutions, our engagement models are highly flexible without compromising on our deep-seated research values. Briefly stated, our mission is to give you access to forecasts and trends analyses that put you on the path to profitability.
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Commodity Chemicals Market - Global Industry Analysis and Forecast to 2020
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