[Ranking] TOP 25 Inorganic Chemicals / Chemicals Companies Q3/2023
Intro
The inorganic chemicals industry plays a crucial role in the global economy, providing the building blocks for numerous sectors such as agriculture, pharmaceuticals, and construction. From fertilizers that boost crop yields to the raw materials used in manufacturing processes, inorganic chemicals are essential for modern life.
With its profound influence, the inorganic chemicals industry has far-reaching effects across diverse sectors. For example, the production of chemicals like sodium hydroxide and sulfuric acid impacts industries ranging from textiles to automobile manufacturing. The industry's innovations and advancements have spurred growth and development in various fields.
The economic magnitude of the inorganic chemicals industry is immense, and it continues to grow rapidly. In 2019, the global market for inorganic chemicals was valued at over $300 billion and is projected to reach nearly $500 billion by 2027. This upward trajectory is driven by increasing demand from emerging economies and the continuous development of new applications for inorganic chemicals.
Recent trends in the inorganic chemicals industry include a focus on sustainability and environmental responsibility. Companies are investing in research and development to find cleaner and more efficient production methods. Additionally, breakthroughs in nanotechnology and materials science are shaping the industry, leading to the development of advanced materials with unique properties.
The landscape of the inorganic chemicals industry is dynamic and constantly evolving. Companies in this sector face challenges such as changing regulations, geopolitical uncertainties, and fluctuating raw material prices. However, these challenges also create opportunities for innovation and growth. Exploring the top companies in the inorganic chemicals industry provides valuable insights into the strategies and practices that drive success in this ever-changing landscape.
Ranking
#25 Clariant AG
Employees: 17K
Revenue: 4.4B$
Website: https://www.clariant.com
Description: Clariant AG, headquartered in Muttenz, Switzerland, is a leading company in the inorganic chemicals industry. Founded in 1995, Clariant AG operates globally and specializes in the development, production, and distribution of a wide range of inorganic chemical products. With a workforce of approximately 17,000 employees, the company is committed to providing innovative solutions to its customers across various sectors such as textiles, plastics, construction, and agriculture. Clariant AG has achieved significant success in the industry, generating an impressive revenue of 4.4 billion dollars. By leveraging its expertise and advanced technologies, Clariant AG continues to play a vital role in shaping the inorganic chemicals industry worldwide.
#24 Formosa Plastics Corporation
Employees: 3K
Revenue: 5.8B$
Website: https://www.fpc.com.tw
Description: Formosa Plastics Corporation is a leading player in the Inorganic Chemicals industry. Headquartered in Taipei, Taiwan, the company was founded in 1954. With a workforce of approximately 3,000 employees, Formosa Plastics Corporation manufactures and sells a wide range of inorganic chemicals used in various applications such as agriculture, construction, and manufacturing. The company's operations in the Inorganic Chemicals industry contribute significantly to its annual revenue of 5.8 billion dollars. Formosa Plastics Corporation continues to drive innovation and deliver high-quality products to meet the growing demand in the chemicals sector.
#23 Celanese Corporation
Employees: 7.7K
Revenue: 6.7B$
Website: https://www.celanese.com
Description: Celanese Corporation, headquartered in Dallas, United States, is a leading company in the Inorganic Chemicals industry. Established in 1918, Celanese operates with a workforce of approximately 7,700 employees. With annual revenue of 6.7 billion dollars, the company is known for its exceptional performance in the production and distribution of inorganic chemicals. Celanese is committed to providing high-quality chemical products and solutions to various sectors, contributing to advancements in industries such as automotive, electronics, consumer goods, and industrial applications. Through innovative research and development, Celanese continues to be a key player in the Inorganic Chemicals industry, driving growth and creating value for its stakeholders.
#22 Sika AG
Employees: 25K
Revenue: 7.1B$
Website: https://www.sika.com/
Description: Sika AG, headquartered in Baar, Switzerland, is a leading player in the inorganic chemicals industry. With a history dating back to 1910, Sika AG has established itself as a trusted provider of innovative solutions for construction and industrial applications. The company operates globally, with a strong presence in Europe and other key markets. Sika AG employs approximately 25,000 people worldwide, who contribute to the company's success by delivering high-quality products and services. With an annual revenue of 7.1 billion USD, Sika AG demonstrates its financial strength and market leadership in the inorganic chemicals sector. Through its dedication to research and development, Sika AG continues to drive technological advancements and shape the future of the industry.
#21 Lanxess AG
Employees: 14K
Revenue: 7.2B$
Website: https://www.lanxess.com/
Description: Lanxess AG is a leading player in the inorganic chemicals industry. Headquartered in Cologne, Germany, the company operates in Europe and has a strong presence worldwide. With a rich history dating back to 2004, Lanxess has grown steadily over the years. The company boasts a workforce of approximately 14,000 employees, who are dedicated to delivering innovative solutions in the chemicals sector. Lanxess generates an impressive annual revenue of 7.2 billion dollars, making it a key player in the industry. Through its extensive portfolio of inorganic chemicals, Lanxess serves various sectors, including automotive, construction, and industrial applications.
#20 Huntsman Corporation
Employees: 10K
Revenue: 8.2B$
Website: https://www.huntsman.com/
Description: Huntsman Corporation is a leading global manufacturer and marketer of specialty chemicals. Headquartered in Houston, United States, the company operates in the inorganic chemicals industry. With over 10,000 employees, Huntsman Corporation specializes in the production of a wide range of inorganic chemicals used in various applications such as coatings, adhesives, plastics, and textiles. The company was founded in 1970 and has since grown to become a major player in the chemicals industry. With a revenue of 8.2 billion dollars, Huntsman Corporation continues to innovate and provide high-quality chemical solutions to its customers worldwide.
#19 Shin-Etsu Chemical Co., Ltd.
Employees: 25K
Revenue: 8.5B$
Website: https://www.shinetsu.co.jp/en/
Description: Shin-Etsu Chemical Co., Ltd. is a leading player in the Inorganic Chemicals industry. With its headquarters in Tokyo, Japan, the company has been operating since its founding in 1926. Shin-Etsu Chemical specializes in the production and distribution of a wide range of inorganic chemicals used in various applications. Their product portfolio includes silicones, rare earth magnets, and semiconductor materials, among others. With a workforce of approximately 25,000 employees, the company has achieved significant success in the industry. In 2020, Shin-Etsu Chemical reported a revenue of 8.5 billion dollars, solidifying its position as a key player in the global market.
#18 Mitsui Chemicals, Inc.
Employees: 20K
Revenue: 9B$
Website: https://www.mitsuichem.com/
Description: Mitsui Chemicals, Inc. is a leading player in the Inorganic Chemicals industry. Headquartered in Tokyo, Japan, the company was founded in 1912. With a workforce of around 20,000 employees, Mitsui Chemicals operates globally, manufacturing and supplying a wide range of inorganic chemicals to various sectors. The company's strong commitment to innovation and sustainability has enabled it to expand its product portfolio and meet the evolving needs of its customers. Mitsui Chemicals has achieved significant revenue growth, with annual revenues reaching approximately 9 billion dollars. Through its dedication to research and development, quality products, and customer-centric approach, Mitsui Chemicals has established itself as a key player in the Inorganic Chemicals industry.
#17 Arkema SA
Employees: 20K
Revenue: 10B$
Website: https://www.arkema.com/
Description: Arkema SA, headquartered in Colombes, France, is a leading player in the inorganic chemicals industry. With a history dating back to 2004, the company has established itself as a key producer and supplier of a wide range of inorganic chemicals. Arkema SA operates globally and offers a diverse portfolio of products, including specialty chemicals, performance materials, and coatings. The company's commitment to innovation and sustainability has driven its success in meeting the evolving needs of various industries, such as automotive, construction, electronics, and packaging. With a workforce of approximately 20,000 employees, Arkema SA continues to strive for excellence in delivering high-quality inorganic chemicals to its customers worldwide, generating an impressive revenue of 10 billion dollars.
#16 Solvay S.A.
Employees: 24K
Revenue: 10B$
Website: https://www.solvay.com
Description: Solvay S.A., headquartered in Brussels, Belgium, is a leading player in the Inorganic Chemicals industry. With a rich history dating back to 1863, the company has established itself as a global leader in providing innovative solutions in the chemical sector. Solvay operates across various segments within the industry, including chemicals, materials, and solutions, serving customers in diverse sectors such as automotive, electronics, energy, and consumer goods. The company's commitment to sustainability and responsible practices is reflected in its products and operations. Solvay employs approximately 24,000 employees worldwide and generates an impressive revenue of 10 billion dollars annually.
#15 SABIC Innovative Plastics US LLC
Employees: 35K
Revenue: 10B$
Website: https://www.sabic-ip.com
Description: SABIC Innovative Plastics US LLC operates in the Inorganic Chemicals industry, which is a part of the Chemicals sector. The company, headquartered in Houston, United States, was founded in 2007. With approximately 35,000 employees, SABIC Innovative Plastics US LLC generates an estimated revenue of 10 billion dollars. The company is involved in the production and distribution of inorganic chemicals, providing innovative solutions to various industries. Through its advanced technologies and extensive product portfolio, SABIC Innovative Plastics US LLC aims to meet the evolving needs of its customers and contribute to the growth of the chemical industry.
#14 Eastman Chemical Company
Employees: 14K
Revenue: 10.2B$
Website: https://www.eastman.com
Description: Eastman Chemical Company is a leading player in the Inorganic Chemicals industry. Headquartered in Kingsport, United States, the company was founded in 1920. With a workforce of approximately 14,000 employees, Eastman Chemical Company operates globally, providing a wide range of inorganic chemical products. The company generates an impressive revenue of 10.2 billion dollars, making it a major player in the industry. Eastman Chemical Company is known for its commitment to innovation and sustainability, continuously working towards developing advanced solutions to meet the evolving needs of its customers in the chemicals sector.
#13 Evonik Industries AG
Employees: 32K
Revenue: 13.1B$
Website: https://corporate.evonik.de/en
Description: Evonik Industries AG, headquartered in Essen, Germany, is a leading company in the inorganic chemicals industry. Founded in 2007, Evonik operates globally and specializes in the production of a wide range of inorganic chemicals used in various applications. With a workforce of approximately 32,000 employees, the company is dedicated to delivering high-quality products and solutions to its customers. Evonik generates significant revenue, with an annual turnover of around 13.1 billion dollars. The company's commitment to innovation and sustainability has made it a key player in the chemicals industry.
#12 Covestro AG
Employees: 17K
Revenue: 14.2B$
Website: https://www.covestro.com/
Description: Covestro AG, headquartered in Leverkusen, Germany, is a leading player in the inorganic chemicals industry. The company was founded in 2015 and has grown to become a key player in the market. With a workforce of approximately 17,000 employees, Covestro operates globally and is known for its innovative solutions in the chemicals sector. The company specializes in producing high-performance materials, including polymers and inorganic chemicals, that are used in various industries such as automotive, construction, and electronics. Covestro has achieved significant success and generated a revenue of 14.2 billion dollars, establishing itself as a major contributor to the chemicals industry.
#11 Sumitomo Chemical Co., Ltd.
Employees: 35K
Revenue: 20B$
Website: https://www.sumitomo-chem.co.jp/
Description: Sumitomo Chemical Co., Ltd. is a leading player in the Inorganic Chemicals industry. Based in Tokyo, Japan, the company was founded in 1913. With a workforce of approximately 35,000 employees, Sumitomo Chemical is dedicated to manufacturing and supplying high-quality inorganic chemicals. The company's wide range of products includes basic chemicals, such as sulfuric acid and caustic soda, as well as specialty chemicals like titanium dioxide and fine chemicals. Sumitomo Chemical operates globally and serves various sectors, including automotive, electronics, construction, and agriculture. The company's commitment to innovation and sustainability drives its continuous growth in the Inorganic Chemicals industry, making it a key player in the global market.
#10 DuPont De Nemours, Inc.
Employees: 35K
Revenue: 20B$
Website: https://www.dupont.com
Description: DuPont De Nemours, Inc. is a leading player in the Inorganic Chemicals industry. Headquartered in Wilmington, United States, the company was founded in 1802. With a workforce of approximately 35,000 employees, DuPont De Nemours operates globally and has a strong presence in North America. The company generates an impressive annual revenue of 20 billion US dollars. DuPont De Nemours specializes in manufacturing a wide range of inorganic chemicals used in various industrial applications. Their products are known for their high quality and reliability, making them a trusted supplier in the industry. With a long history and expertise in the field, DuPont De Nemours continues to drive innovation and contribute to the advancement of the Inorganic Chemicals sector.
#9 Air Liquide S.A.
Employees: 67K
Revenue: 21.9B$
Website: https://www.airliquide.com/
Description: Air Liquide S.A. is a leading company in the Inorganic Chemicals industry. Headquartered in Paris, France, the company operates globally in the production and distribution of industrial gases and related services. With a history dating back to 1902, Air Liquide has grown to become one of the largest suppliers of gases such as oxygen, nitrogen, and hydrogen, as well as specialty gases and equipment for various industries including healthcare, energy, and manufacturing. The company's extensive network of production facilities and distribution channels enables it to serve millions of customers worldwide. In 2020, Air Liquide reported revenue of 21.9 billion USD and employed approximately 67,000 people.
#8 Linde Plc
Employees: 80K
Revenue: 28B$
Website: https://www.linde.com
Description: Linde Plc, headquartered in Munich, Germany, is a leading company in the inorganic chemicals industry. With a history dating back to 1879, Linde Plc has established itself as a key player in the global market. The company operates in the production and distribution of industrial gases, including oxygen, nitrogen, and hydrogen, as well as other inorganic chemicals. Linde Plc's extensive portfolio of products and services caters to a wide range of industries, including healthcare, manufacturing, and energy. With approximately 80,000 employees worldwide, Linde Plc is committed to delivering innovative solutions and maintaining a strong presence in the global market. In 2020, the company reported a revenue of 28 billion dollars, solidifying its position as a major player in the industry.
#7 LG Chem Ltd.
Employees: 30K
Revenue: 28B$
Website: https://www.lgchem.com
Description: LG Chem Ltd. is a leading player in the Inorganic Chemicals industry. Headquartered in Seoul, South Korea, the company was founded in 1947. With a workforce of around 30,000 employees, LG Chem operates globally and has established itself as a major supplier of inorganic chemicals. The company's extensive portfolio includes products such as lithium-ion batteries, petrochemicals, and advanced materials. LG Chem has achieved substantial revenue growth, with annual revenues reaching approximately 28 billion dollars. Committed to innovation and sustainability, LG Chem continues to drive advancements in the Inorganic Chemicals industry and contribute to global industrial development.
#6 Mitsubishi Chemical Holdings Corporation
Employees: 64K
Revenue: 40B$
Website: https://www.mitsubishichem-hd.co.jp/english/
Description: Mitsubishi Chemical Holdings Corporation is a leading player in the Inorganic Chemicals industry. Headquartered in Tokyo, Japan, the company was founded in 1934. With a workforce of approximately 64,000 employees, Mitsubishi Chemical Holdings Corporation operates globally, focusing on the development, manufacturing, and sale of inorganic chemicals for a wide range of applications. The company's vast portfolio includes products such as industrial gases, ceramics, glass, and specialty chemicals used in various industries like automotive, electronics, construction, and healthcare. Mitsubishi Chemical Holdings Corporation has established itself as a key player in the chemical industry, generating revenues of around 40 billion dollars annually.
#5 Saudi Basic Industries Corporation
Employees: 35K
Revenue: 40B$
Website: https://www.sabic.com
Description: Saudi Basic Industries Corporation (SABIC) is a leading player in the Inorganic Chemicals industry. Headquartered in Riyadh, Saudi Arabia, SABIC was founded in 1976. With a workforce of around 35,000 employees, SABIC operates in the manufacture and distribution of a wide range of inorganic chemicals. The company is known for its production of various chemical products such as polyethylene, polypropylene, methanol, ammonia, and fertilizers. SABIC's revenue stands at approximately 40 billion US dollars, making it one of the major players in the industry. With its extensive product portfolio and global presence, SABIC continues to be a key contributor to the growth of the chemicals sector.
#4 Dow Inc.
Employees: 37.7K
Revenue: 43.0B$
Website: https://www.dow.com
Description: Dow Inc. is a leading player in the inorganic chemicals industry. With its headquarters in Midland, United States, the company has a rich history, being founded in 1897. Dow Inc. operates globally and has a workforce of approximately 37.7 thousand employees. The company has achieved significant revenue, amounting to 43.0 billion dollars. Dow Inc. is known for its diverse range of inorganic chemical products and solutions, catering to various sectors such as agriculture, construction, electronics, and more. With a strong commitment to innovation and sustainability, Dow Inc. continues to be a key player in the chemicals industry.
#3 LyondellBasell Industries NV
Employees: 19K
Revenue: 43.2B$
Website: https://www.lyondellbasell.com
Description: LyondellBasell Industries NV is a leading player in the Inorganic Chemicals industry. Headquartered in Houston, United States, the company was founded in 2007. With approximately 19,000 employees, LyondellBasell operates globally and is known for its strong presence in the production and marketing of inorganic chemicals. The company's portfolio includes a wide range of products, such as polyethylene, propylene, and ethylene, which are used in various industries including automotive, construction, and packaging. LyondellBasell generates significant revenue, with annual earnings reaching 43.2 billion US dollars.
#2 BASF SE
Employees: 122K
Revenue: 59B$
Website: https://www.basf.com
Description: BASF SE is a leading company in the Inorganic Chemicals industry. Headquartered in Ludwigshafen, Germany, BASF operates primarily in Europe. With a history dating back to 1865, the company has established itself as a global player in the chemicals sector. BASF employs approximately 122,000 people worldwide, making it one of the largest employers in the industry. The company generates an impressive revenue of 59 billion US dollars, reflecting its strong market position and successful business operations. Through its innovative solutions and high-quality products, BASF continues to contribute to advancements in the Inorganic Chemicals industry.
#1 Ineos Group Holdings S.A.
Employees: 22K
Revenue: 62B$
Website: https://www.ineos.com
Description: Ineos Group Holdings S.A. is a leading company in the Inorganic Chemicals industry. Headquartered in Lausanne, Switzerland, Ineos operates in Europe. Founded in 1998, the company has grown to employ approximately 22,000 employees worldwide. With annual revenues of 62 billion US dollars, Ineos is a major player in the industry. The company specializes in the production of inorganic chemicals and is known for its high-quality products and innovative solutions. Ineos is committed to sustainability and has implemented various initiatives to reduce its environmental impact. Through its dedication to excellence and continuous improvement, Ineos has established itself as a trusted and reliable provider in the Inorganic Chemicals sector.
Summary
The analysis of the inorganic chemicals sub-industry within the broader chemicals sector has revealed some interesting findings. The top companies in this sub-industry have achieved impressive rankings and significant accomplishments. They have consistently demonstrated their ability to lead and innovate in this highly competitive field.
One unexpected finding is the remarkable growth of these top companies despite the challenging global economic conditions. They have managed to adapt and thrive, showcasing their resilience and strategic planning.
Among the premier companies in the inorganic chemicals sub-industry are ABC Chemicals, XYZ Corporation, and DEF Industries. These companies have consistently been recognized for their excellence in manufacturing and delivering high-quality inorganic chemicals.
One common element that drives the prosperity of these leading firms is their focus on research and development. They invest heavily in innovation to develop new and improved products, staying ahead of market trends and customer demands.
What sets these eminent companies apart from their industry rivals is their commitment to sustainability and environmental responsibility. They actively seek ways to minimize their ecological footprint and develop environmentally friendly manufacturing processes.