Global Commodity Chemicals Market: An Overview 

Commodity chemicals market is growing at a healthy CAGR in recent times. The commodity chemicals market is expected to register growth during the forecast period, due to several factors. These factors include growing demand in commodity plastic, cost-effective nature, and rise in applications in new industries. 

Commodity chemicals are also known as bulk chemicals and act as ingredients to produce other chemicals. These are sold in large quantities and are useful in the manufacturing of construction materials, tires, adhesives, apparel, and plastics. Commodity chemicals market trades in broad categories including plastic resins, organics, synthetic rubbers, inorganics, explosives, petrochemicals, and films. Glycol, glycerines, methyl, methanol, benzene, acetone, acetic acid, etc. The global commodity chemicals market tends to be extremely price-sensitive due to low product differentiation. 

An upcoming Transparency Market Research report sheds light on the current and future trends of the global commodity chemicals market. It provides details on the market’s overview, current trends and challenges, opportunities in the coming years, and growth forecasts for 2018-2026. These insights are crucial for both prevailing and upcoming players in the global commodity chemicals market.   

Global Commodity Chemicals Market: Key Trends 

Global commodity chemicals market is driven by a rising demand from the plastic industry. This  industry is strengthened by a growing demand from the food & beverage sector and consumer retail stores globally. Commodity chemicals offer its unique lightweight and safe features to the plastic industry to produce various goods. The commodity chemicals market is expected to grow as close alternatives such as glass simply do not match up in cost-effectiveness and reliability. 

Additionally, the commodity chemicals market offers distinct advantages over specialty chemicals in relevant sectors. The market also offers inexpensive goods which are widely available. The widespread availability of commodity chemicals is also leading to its growth in transportation, automotive, and personal care industry. 

Global commodity chemicals market is also faces certain challenges during the forecast period. Growing scrutiny of chemicals and increasing environmental regulations are expected to hinder the market growth during the forecast period. Additionally, the price instability in the crude oil and natural gas market can act as a hindrance to growth as well. However, growing demand in the pharmaceutical industry, in agriculture, and mining is expected to bring good news to the global commodity chemicals market.  

Global Commodity Chemicals Market: Regional Outlook 

The global commodity chemicals market is divided into five regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is expected to witness the fastest growth during the forecast period. The Asia Pacific commodity chemicals market is driven by growing demand for paper-based packaging. The regional market will also witness major growth as manufacturing of commodity chemicals shifts from North America and Europe to Asia Pacific. Growing support for manufacturing in India and China is expected to drive the global commodity chemicals market. 

Global Commodity Chemicals Market: Competitive Dynamics 

The global commodity chemicals market is largely fragmented and price-sensitive. The index prices of various chemicals are regularly published in magazines, which adds a layer of transparency in the market. The major companies in the market are Ecolab, Kemira Oyi, Solenis, BASF, and Akzonobel N.V. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Commodity Chemicals Market

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