TOP 25 Chemicals SubIndustry Q3/2023

Intro

Did you know that the global chemicals industry is projected to reach a staggering $5.7 trillion by 2027?

Welcome to the world of chemicals, a dynamic sector that plays a crucial role in driving innovation and fueling economic growth.

As we navigate through the current landscape of the industry, it becomes evident that several trends are shaping its future. From the increasing demand for sustainable solutions to the rise of digital transformation, chemicals are at the forefront of change.

In this article, we'll delve into key aspects of the chemicals industry, exploring technological advancements, market dynamics, and the transformative power it holds.

Our analysis reveals that the chemicals industry is poised for unprecedented growth, fueled by a growing population, urbanization, and evolving consumer needs. However, to sustain this trajectory, challenges in sustainability and workforce management must be addressed.

Ranking

#25 Construction Chemicals

Coming Soon

Employees: 1.5M

Revenue: 1.2T$

Description: The Construction Chemicals industry is a prominent sector within the Chemicals industry. It involves the production and distribution of chemicals specifically designed for use in construction activities. Key players in this industry include multinational corporations such as BASF, Sika AG, and Fosroc International. The primary audiences for construction chemicals are construction companies, contractors, and architects who rely on these chemicals to enhance the performance, durability, and aesthetics of construction materials and structures. This industry is prominently active in regions with high construction activity, such as North America, Europe, Asia Pacific, and the Middle East. The Construction Chemicals industry has experienced significant growth and major changes in recent years due to advancements in construction technologies and increasing demand for sustainable and eco-friendly construction solutions. It is a noteworthy sector for future opportunities as the global construction industry continues to expand, creating a growing demand for innovative construction chemicals to meet the evolving needs of sustainable and resilient infrastructure.

#24 Specialty Chemicals

Specialty Chemicals

Employees: 1.5M

Revenue: 1.2T$

Description: Specialty Chemicals is a sector within the Chemicals industry that focuses on producing high-value, unique chemical products for specific applications. It includes companies engaged in the manufacturing and distribution of specialty chemicals used in various industries such as automotive, electronics, healthcare, agriculture, and construction. Key players in this industry include companies like BASF, Dow Chemicals, DuPont, and Clariant. The Specialty Chemicals industry is prominently active worldwide, with major production and consumption hubs in North America, Europe, and Asia-Pacific. The industry has experienced significant growth and major changes in recent decades with advancements in technology and increasing demand for specialized chemical solutions. This sector is noteworthy for future opportunities due to its ability to provide tailored solutions for complex industrial processes and the potential for innovation and sustainable development.

#23 Rubber And Plastics

Coming Soon

Employees: 1.5M

Revenue: 1.8T$

Description: The Rubber and Plastics industry is a prominent sector within the Chemicals industry. It encompasses companies involved in the production and distribution of a wide range of rubber and plastic products, including tires, packaging materials, automotive parts, and consumer goods. Key players in this industry include companies like Bridgestone Corporation, Dow Inc., and LyondellBasell Industries. The primary audiences for these companies are manufacturers, retailers, and consumers who rely on rubber and plastic products for various applications. The industry is prominently active worldwide, with major production hubs in countries like China, the United States, and Germany. The Rubber and Plastics industry has been significant for several decades, but experienced major changes and advancements in materials and manufacturing processes in recent years. It is a noteworthy sector for future opportunities due to the increasing demand for sustainable and eco-friendly materials, as well as the ongoing technological advancements in polymer science and 3D printing, which offer new possibilities for product innovation and customization.

#22 Pharmaceutical Chemicals

Coming Soon

Employees: 1.5M

Revenue: 2.3T$

Description: Pharmaceutical Chemicals is a prominent sector within the Chemicals industry. With a workforce of approximately 1.5 million employees, this sector plays a crucial role in the development and production of chemicals used in the pharmaceutical industry. Key players in this industry include multinational corporations such as Johnson & Johnson, Pfizer, and Roche. These companies are involved in the research, manufacturing, and distribution of pharmaceutical chemicals globally. The pharmaceutical chemicals industry is prominently active in countries like the United States, Switzerland, Germany, and China. This sector became significant in the early 20th century with the discovery and mass production of antibiotics. It has since experienced major changes with advancements in biotechnology and personalized medicine. The pharmaceutical chemicals industry is noteworthy for future opportunities due to the increasing demand for innovative drugs, the rise of precision medicine, and the ongoing research and development efforts to combat diseases worldwide.

#21 Petrochemicals

Coming Soon

Employees: 1.5M

Revenue: 2.5T$

Description: The Petrochemicals industry is a key player in the Chemicals sector, with a significant impact on various industries and economies worldwide. It encompasses the production and distribution of various chemical products derived from petroleum or natural gas. Major players in this industry include companies like ExxonMobil, Saudi Basic Industries Corporation (SABIC), Dow Chemical, and BASF. The industry is prominently active in regions with abundant petroleum or natural gas reserves, such as the Middle East, North America, and Asia-Pacific. Petrochemicals became significant in the mid-20th century as advancements in technology and the discovery of new feedstocks expanded the possibilities for chemical production. This industry is noteworthy for future opportunities due to its vital role in sectors like automotive, construction, packaging, and healthcare, as well as its potential for sustainable and eco-friendly innovations.

#20 Commodity Chemicals

Coming Soon

Employees: 1.2M

Revenue: 2.5T$

Description: Commodity Chemicals, a sub-industry of Chemicals, encompasses companies involved in the production and distribution of basic, widely used chemicals. This industry serves as a critical building block for numerous sectors, including manufacturing, construction, agriculture, and pharmaceuticals. Key players in the Commodity Chemicals industry include global giants like BASF, Dow Inc., and Sinopec Group. These companies employ a massive workforce of approximately 1.2 million people worldwide. With a staggering revenue of around 2.5 trillion dollars, this industry has experienced significant growth and transformation over the years. Commodity Chemicals are prominently active across the globe, with major manufacturing hubs in regions like the United States, China, and Western Europe. The industry has become increasingly significant in recent decades, driven by advancements in technology, increasing demand for consumer goods, and the rise of emerging markets. As the world economy continues to evolve, the Commodity Chemicals sector presents noteworthy opportunities for future growth and innovation.

#19 Industrial Specialties

Coming Soon

Employees: 2.5M

Revenue: 3.8T$

Description: The Industrial Specialties industry, a sub-industry of Chemicals, encompasses companies involved in the manufacturing and distribution of specialty chemicals and materials used in various industrial applications. Key players in this sector include global giants such as Dow Chemical, BASF, and DuPont, as well as smaller specialty chemical companies like Air Products & Chemicals and Eastman Chemical. The industry is prominently active in regions with high industrialization and manufacturing activities, such as the United States, Germany, China, and Japan. Significant changes and advancements in this sector have been observed since the mid-20th century, driven by technological advancements, evolving customer demands, and increasing environmental regulations. The Industrial Specialties industry is a noteworthy sector for future opportunities due to its crucial role in supporting various industrial sectors, including automotive, electronics, construction, and healthcare. As technologies continue to advance and global demand for innovative materials and chemicals increases, this industry is poised for further growth and innovation.

#18 Chemical Manufacturing

Chemical Manufacturing

Employees: 3.2M

Revenue: 3.8T$

Description: Chemical Manufacturing is a vital sector within the Chemicals industry. It involves the production of various chemicals, including industrial chemicals, specialty chemicals, and consumer chemicals. Key players in this industry include multinational companies like BASF, Dow Chemical, and Sinopec Group. The chemical manufacturing industry has a diverse audience, including manufacturers across various sectors such as automotive, electronics, pharmaceuticals, and agriculture. It is prominently active and relevant in regions like the United States, China, Germany, and Japan. The chemical manufacturing industry has experienced significant growth and major changes over the years, with advancements in technology, increasing environmental regulations, and a shift towards sustainable practices. This sector is noteworthy for future opportunities due to its crucial role in supporting other industries and its potential for innovation in areas like renewable chemicals, biotechnology, and green manufacturing processes.

#17 Organic Chemicals

Coming Soon

Employees: 1.2M

Revenue: 5.8T$

Description: The Organic Chemicals industry is a prominent sector within the Chemicals industry. It encompasses the production, distribution, and sale of organic compounds, which are carbon-based chemical compounds primarily derived from petroleum or natural gas. Key players in this industry include large multinational corporations such as BASF, Dow Chemical, and DuPont. The industry caters to various audiences, including manufacturers in sectors such as pharmaceuticals, plastics, textiles, and agriculture. The Organic Chemicals industry is prominently active globally, with significant production and consumption centers in regions like North America, Europe, and Asia-Pacific. This industry has been significant for several decades, experiencing major changes with the advancement of technology, growing environmental concerns, and shifting consumer demands. With increasing focus on sustainability and the development of bio-based alternatives, the Organic Chemicals industry presents noteworthy opportunities for future growth and innovation.

#16 Explosives And Pyrotechnics

Coming Soon

Employees: 50K

Revenue: 10B$

Description: The Explosives And Pyrotechnics industry is a subset of the Chemicals industry that specializes in the manufacturing and distribution of explosive materials and pyrotechnic products. Key players in this sector include companies like Orica Limited, Dyno Nobel, and Chemring Group. The primary audience for these products includes military and defense organizations, mining companies, construction companies, and entertainment companies for fireworks displays. The industry is prominently active in regions with a high demand for explosives and pyrotechnics, such as North America, Europe, and Asia-Pacific. The Explosives And Pyrotechnics industry has been significant for many decades, with major changes occurring over time due to advancements in technology and safety regulations. It is a noteworthy sector for future opportunities due to the increasing demand for explosives in mining and construction activities, as well as the growing popularity of pyrotechnics in entertainment events and celebrations.

#15 Water Treatment Chemicals

Water Treatment Chemicals

Employees: 50K

Revenue: 10B$

Description: Water Treatment Chemicals is an essential sector within the Chemicals industry that focuses on developing and supplying chemicals used in the treatment and purification of water. The key players in this industry include multinational companies such as BASF, Ecolab, Kemira, and Dow Chemical Company. The primary audience for these products consists of municipalities, industrial facilities, and commercial organizations that require safe and clean water for various purposes. Water Treatment Chemicals find prominence in regions where water scarcity and contamination are prevalent issues, such as Asia-Pacific, North America, and Europe. This industry gained significant importance in the late 20th century as awareness about water pollution and the need for clean water grew. With the increasing global population and environmental concerns, the Water Treatment Chemicals sector presents notable opportunities for future growth, as it plays a vital role in ensuring access to clean and safe water for communities worldwide.

#14 Textile Chemicals

Coming Soon

Employees: 80K

Revenue: 20B$

Description: The Textile Chemicals industry is a key sector within the Chemicals industry, primarily involved in the production and supply of chemicals used in textile manufacturing processes. Key players in this industry include major chemical companies such as BASF, Dow Chemical, Huntsman Corporation, and Archroma. The primary audience for textile chemicals includes textile manufacturers, apparel brands, and retailers. The industry is prominently active in regions with a strong textile manufacturing base, such as Asia (China, India, Bangladesh), Europe (Germany, Italy, Turkey), and the Americas (United States, Brazil, Mexico). The textile chemicals industry has been significant since the industrial revolution, but major changes and advancements have occurred in recent decades due to increasing environmental and sustainability concerns. This sector is noteworthy for future opportunities due to the growing demand for eco-friendly and sustainable textile production, as well as the increasing focus on performance-enhancing chemicals for advanced textile applications.

#13 Catalysts

Coming Soon

Employees: 100K

Revenue: 20B$

Description: Catalysts

#12 Industrial Gases

Industrial Gases

Employees: 100K

Revenue: 40B$

Description: The Industrial Gases industry is a key sector within the Chemicals industry. It involves the production and distribution of various gases that are used in a wide range of industrial applications. Key players in this industry include Linde PLC, Air Liquide, and Praxair Inc. The primary audience for industrial gases includes manufacturing and industrial companies that require these gases for processes such as welding, heating, and cooling. This industry is prominently active worldwide, with major operations in regions like North America, Europe, and Asia. The Industrial Gases industry became significant in the early 20th century when the demand for gases like oxygen, nitrogen, and hydrogen grew rapidly due to advancements in industrial technology. It continues to be a noteworthy sector for future opportunities due to its crucial role in various industries and the increasing emphasis on sustainability and environmental regulations.

#11 Fertilizers And Agricultural Chemicals

Coming Soon

Employees: 250K

Revenue: 70B$

Description: The Fertilizers And Agricultural Chemicals industry is a prominent sector within the Chemicals industry. It encompasses companies involved in the production, distribution, and sale of fertilizers, pesticides, herbicides, and other agricultural chemicals. Key players in this industry include global giants like Nutrien, Yara International, and The Mosaic Company, as well as regional players operating in specific markets. The industry is relevant and active worldwide, with significant agricultural regions like North America, Europe, Asia, and Latin America being the primary markets. The Fertilizers And Agricultural Chemicals industry has experienced major changes over the years, including advancements in technology, increasing emphasis on sustainable and organic solutions, and a shift towards digital agriculture. This sector is noteworthy for future opportunities due to the growing global population, increasing demand for food, the need for enhanced agricultural productivity, and the rising awareness about the importance of sustainable farming practices.

#10 Fertilizers & Agricultural Chemicals

Coming Soon

Employees: 500K

Revenue: 100B$

Description: The Fertilizers & Agricultural Chemicals industry is a sector within the Chemicals industry that focuses on the production and distribution of fertilizers and agricultural chemicals. Key players in this industry include multinational companies such as Yara International, Nutrien, and BASF. The primary audience for these products and services includes farmers, agricultural cooperatives, and other agricultural businesses. This industry is prominently active in regions with significant agricultural activity, such as North America, Europe, and Asia. The Fertilizers & Agricultural Chemicals industry became significant in the early 20th century with the introduction of synthetic fertilizers and the increasing demand for agricultural productivity. This sector is noteworthy for future opportunities due to the growing global population, which necessitates increased food production, and the increasing focus on sustainable farming practices. Additionally, advancements in technology and research are driving innovation in this sector, leading to the development of new and more efficient agricultural chemicals and fertilizers.

#9 Chemical Distribution

Coming Soon

Employees: 500K

Revenue: 100B$

Description: Chemical Distribution is an industry that involves the wholesale distribution of various chemicals and related products. Key players in this industry include large multinational companies such as Brenntag, Univar Solutions, and Nexeo Solutions, as well as smaller regional distributors. The industry is prominently active globally, with major markets in North America, Europe, and Asia. Chemical distribution became significant in the mid-20th century with the rise of industrialization and the need for chemicals in various sectors such as manufacturing, agriculture, and healthcare. It has experienced major changes in recent years due to increasing regulations and the shift towards sustainable and eco-friendly products. The chemical distribution industry is noteworthy for future opportunities due to the growing demand for chemicals in emerging markets, advancements in technology, and the need for specialized expertise in handling and distributing chemicals safely and efficiently.

#8 Fine Chemicals

Coming Soon

Employees: 500K

Revenue: 100B$

Description: The Fine Chemicals industry, a sub-industry of the Chemicals sector, is a highly lucrative and fast-growing sector. It encompasses the production and distribution of complex chemicals used in various industries such as pharmaceuticals, agrochemicals, and cosmetics. Key players in this industry include multinational corporations like BASF, Dow Chemical, and DuPont, as well as specialized companies like Merck and Lonza Group. The industry is prominently active in regions such as North America, Europe, and Asia-Pacific, with China being a major player due to its low production costs. The Fine Chemicals industry has experienced significant growth and major changes in recent years, driven by advancements in technology, increasing demand for specialty chemicals, and stricter regulations on environmental and safety standards. With the rising demand for personalized medicines, high-quality cosmetics, and sustainable agricultural products, the Fine Chemicals industry presents notable opportunities for future growth and innovation.

#7 Specialty Polymers

Specialty Polymers

Employees: 500K

Revenue: 100B$

Description: Specialty Polymers is a thriving sector within the Chemicals industry. It encompasses the production and development of polymers that possess unique properties and are tailored for specific applications. Key players in this industry include global chemical giants like DowDuPont, BASF, and Evonik Industries. The primary audiences for specialty polymers are manufacturers across various sectors such as automotive, electronics, packaging, and healthcare. This industry is prominently active in regions like North America, Europe, and Asia, where there is a high demand for specialized polymer materials. Specialty polymers have gained significant importance in recent years due to their ability to enhance product performance, durability, and sustainability. With increasing focus on advanced materials and technological advancements, the specialty polymers sector offers promising opportunities for future growth and innovation.

#6 Diversified Chemicals

Coming Soon

Employees: 500K

Revenue: 100B$

Description: The Diversified Chemicals industry encompasses a wide range of chemical companies that produce and distribute various chemical products globally. Key players in this industry include major multinational corporations such as Dow Chemical Company, BASF SE, DuPont, and LyondellBasell Industries. The industry is prominent in countries like the United States, Germany, China, and Japan, where many chemical companies are headquartered and have significant operations. The Diversified Chemicals industry has been significant for several decades, experiencing major changes and advancements in the production and distribution of chemicals. With increasing global demand for chemical products across various sectors like automotive, construction, healthcare, and agriculture, the Diversified Chemicals industry presents noteworthy opportunities for future growth and innovation.

#5 Agricultural Chemicals

Agricultural Chemicals

Employees: 500K

Revenue: 100B$

Description: The Agricultural Chemicals industry is a key sector within the Chemicals industry, focusing on the production and distribution of chemicals specifically used in agriculture. The industry plays a crucial role in providing farmers with essential tools and products to enhance crop yields, protect against pests and diseases, and optimize agricultural practices. Key players in the industry include multinational corporations such as Bayer, BASF, Syngenta, and DowDuPont, along with regional and local manufacturers. The primary audiences for agricultural chemicals are farmers, agricultural cooperatives, and agricultural input retailers. The industry is prominently active in regions with large agricultural sectors, such as North America, Europe, and Asia. The significance of the Agricultural Chemicals industry has grown exponentially in recent decades due to the increasing global population and the need to maximize food production. This sector offers noteworthy opportunities for future growth and innovation, as it intersects with advancements in biotechnology, precision farming, and sustainable agriculture.

#4 Inorganic Chemicals

Coming Soon

Employees: 500K

Revenue: 150B$

Description: The Inorganic Chemicals industry is a prominent sector within the Chemicals industry. It encompasses the production and distribution of various inorganic chemicals, such as acids, alkalis, salts, and minerals. Key players in this industry include major chemical companies like BASF, Dow Chemical, and DuPont. The primary audiences for inorganic chemicals are manufacturers in sectors like construction, automotive, electronics, and pharmaceuticals. The industry is prominently active in regions like North America, Europe, and Asia, where there is a high demand for these chemicals. Inorganic chemicals have been significant for several decades, but major changes and advancements in the industry have occurred in recent years with the development of innovative materials and sustainable production methods. The Inorganic Chemicals industry is noteworthy for future opportunities due to its vital role in various industrial sectors, the increasing demand for environmentally friendly chemicals, and the potential for technological advancements in material science and manufacturing processes.

#3 Adhesives And Sealants

Coming Soon

Employees: 1.2M

Revenue: 150B$

Description: The Adhesives And Sealants industry is a vital sector within the Chemicals industry. It encompasses companies that manufacture and distribute a wide range of adhesives and sealants, which are used in various applications such as construction, automotive, packaging, and electronics. Key players in this industry include multinational corporations like Henkel, 3M, Dow Chemical, BASF, and Sika. These companies employ a significant number of employees, with an estimated 1.2 million individuals worldwide. The industry is prominently active in regions with high manufacturing and construction activities, such as North America, Europe, and Asia. Adhesives and sealants have been essential since the mid-20th century, but the industry experienced significant growth and innovation in the late 20th and early 21st century. The industry's noteworthy growth is driven by the increasing demand for efficient bonding solutions, sustainability initiatives, and advancements in technology. With ongoing developments in various sectors, the Adhesives And Sealants industry presents promising opportunities for future growth and innovation.

#2 Paints And Coatings

Coming Soon

Employees: 1.6M

Revenue: 200B$

Description: The Paints And Coatings industry, part of the Chemicals sector, is a prominent and influential sector in the global market. It encompasses companies involved in the formulation, production, and distribution of various paints, coatings, and related products. Key players in this industry include major multinational corporations such as Sherwin-Williams, PPG Industries, and AkzoNobel, as well as numerous regional and specialty manufacturers. The primary audience for paints and coatings consists of construction companies, automotive manufacturers, industrial facilities, and consumers. This industry is prominently active worldwide, with significant manufacturing and sales operations in regions including North America, Europe, Asia-Pacific, and Latin America. The paints and coatings sector has experienced major changes and advancements in recent decades, driven by technological innovations, environmental regulations, and shifts in consumer preferences. With increasing urbanization, infrastructure development, and demand for sustainable solutions, the paints and coatings industry presents noteworthy opportunities for future growth and investment.

#1 Cosmetic Chemicals

Coming Soon

Employees: 1.2M

Revenue: 300B$

Description: The Cosmetic Chemicals industry is a vital sector within the Chemicals parent industry. It encompasses companies involved in the manufacturing, development, and distribution of chemicals used in the production of cosmetics, personal care products, and fragrances. Key players in this industry include multinational corporations such as BASF, Dow Chemical, and Evonik Industries, as well as specialty chemical companies like Croda International and Ashland. The primary audience for cosmetic chemicals includes cosmetic manufacturers, personal care product companies, and fragrance producers. This industry is prominently active in regions like North America, Europe, and Asia-Pacific, where major cosmetic markets exist. The significance of the cosmetic chemicals industry has grown over the years as the demand for cosmetics and personal care products continues to rise globally. Its contribution to the overall Chemicals industry revenue, estimated at 300 billion dollars, makes it a noteworthy sector for future opportunities and innovation.

Summary

The chemicals industry is undergoing significant changes, with automation adoption and sustainability emerging as key trends. Companies in this sector need to adapt to these shifts in order to stay competitive and drive innovation. Automation is increasingly being used to streamline processes and improve efficiency, leading to cost savings and increased productivity. At the same time, sustainability has become a top priority for chemical companies, with a growing emphasis on reducing environmental impact and promoting responsible practices.

These developments present both challenges and opportunities for companies operating in the chemicals industry. By embracing automation, businesses can improve their operations and gain a competitive edge. This can involve implementing technologies such as robotics, artificial intelligence, and data analytics to optimize manufacturing processes and supply chain management. Additionally, adopting sustainable practices can not only help companies meet regulatory requirements and reduce their environmental footprint, but also attract environmentally conscious customers and investors.

Looking ahead, the chemicals industry is expected to continue its expansion. Companies are increasingly investing in advanced technologies to drive innovation and improve their competitiveness. This includes the use of digital solutions to enhance research and development, production processes, and customer engagement. Furthermore, there is a growing focus on environmentally responsible practices, such as developing sustainable alternatives to traditional chemical products and reducing waste through recycling and circular economy initiatives.

To stay informed about industry trends, it is important for readers to keep up with the latest news and research in the chemicals sector. This can help identify investment opportunities and potential areas for growth. It is also crucial for individuals to explore ways to contribute to sustainable growth in this dynamic industry. This can involve supporting companies that prioritize sustainability, advocating for stricter environmental regulations, or even considering a career in the chemicals industry to drive positive change.

In summary, the chemicals industry is undergoing rapid changes, driven by automation and sustainability. Companies need to embrace these trends in order to remain competitive and drive innovation. By investing in advanced technologies and adopting sustainable practices, businesses can improve efficiency, reduce environmental impact, and attract environmentally conscious stakeholders. Staying informed about industry trends and exploring ways to contribute to sustainable growth are essential for individuals looking to make a positive impact in this evolving industry.