[Ranking] TOP 25 Rubber And Plastics / Chemicals Companies Q3/2023
Intro
The Rubber And Plastics industry plays a critical role in the worldwide economy, providing essential materials for a wide range of applications. From manufacturing tires and automotive parts to producing packaging materials and consumer goods, this industry is an integral part of various sectors.
With its profound influence, the Rubber And Plastics industry has ripple effects across diverse industries. It not only drives innovation in manufacturing and engineering but also contributes to sustainability efforts through the development of eco-friendly materials and recycling initiatives.
In terms of economic magnitude, the Rubber And Plastics industry has been experiencing substantial growth in recent years. With increasing demand for its products and the development of advanced technologies, this industry is on an upward trajectory.
The industry is currently witnessing several trends, breakthroughs, and obstacles that are shaping its future. From the rise of biodegradable plastics to the challenges posed by regulations on single-use plastics, companies in this sector are adapting to new market dynamics.
The landscape of the Rubber And Plastics industry is ever-changing, driven by advancements in materials science, evolving consumer preferences, and global sustainability goals. Exploring the top companies in this dynamic industry provides insights into the latest innovations and strategies employed by market leaders.
Ranking
#25 Formosa Plastics Corporation
Employees: 7K
Revenue: 3.5B$
Website: https://www.fpcusa.com
Description: Formosa Plastics Corporation is a leading company operating in the Rubber And Plastics industry. Headquartered in Taipei, Taiwan, the company was founded in 1954. With a workforce of around 7,000 employees, Formosa Plastics Corporation is a major player in the industry. The company generates an impressive revenue of 3.5 billion dollars. Formosa Plastics Corporation is renowned for its expertise in the production of rubber and plastic products, catering to a wide range of industries such as automotive, construction, electronics, and packaging. They are committed to delivering high-quality and innovative solutions to meet the evolving needs of their customers worldwide.
#24 Celanese Corporation
Employees: 7.5K
Revenue: 6.8B$
Website: https://www.celanese.com/
Description: Celanese Corporation, headquartered in Dallas, United States, is a leading global technology and specialty materials company operating in the Rubber and Plastics industry. With a history dating back to 1918, Celanese has established itself as a trusted provider of innovative solutions for a wide range of applications. The company's dedicated workforce of 7.5K employees combines expertise in chemistry, engineering, and materials science to develop high-performance materials and technologies that enhance the performance, safety, and sustainability of products across various sectors. Celanese's revenue of 6.8B$ showcases its strong market presence and consistent growth within the industry, as it continues to deliver value to its customers through cutting-edge solutions and exceptional service.
#23 Borealis AG
Employees: 8K
Revenue: 7B$
Website: https://www.borealisgroup.com/
Description: Borealis AG is a leading company in the Rubber and Plastics industry. Headquartered in Vienna, Austria, Borealis operates in Europe's chemical sector. Founded in 1957, the company has grown to become a key player in the industry. Borealis specializes in the production and marketing of polyolefins, base chemicals, and fertilizers. With a workforce of approximately 8,000 employees, the company is committed to delivering innovative solutions and sustainable products to its customers. Borealis generates an impressive revenue of 7 billion dollars, solidifying its position as a prominent player in the Rubber and Plastics industry.
#22 Lotte Chemical Corporation
Employees: 10K
Revenue: 8B$
Website: https://www.lottechem.com
Description: Lotte Chemical Corporation, headquartered in Seoul, South Korea, is a leading company in the Rubber and Plastics industry. Founded in 1976, Lotte Chemical operates in various segments including petrochemicals, basic chemicals, and advanced materials. With a workforce of approximately 10,000 employees, the company is dedicated to producing a wide range of high-quality products such as polyethylene, polypropylene, and ethylene oxide derivatives. Lotte Chemical has achieved significant success in the industry and has established a strong presence both domestically and internationally. With an annual revenue of 8 billion US dollars, the company continues to innovate and contribute to the development of the Rubber and Plastics industry.
#21 Lanxess AG
Employees: 15K
Revenue: 9.6B$
Website: https://lanxess.com/
Description: Lanxess AG, headquartered in Cologne, Germany, is a leading company in the Rubber And Plastics industry. Founded in 2004, the company has grown to employ approximately 15,000 employees worldwide. With a revenue of 9.6 billion dollars, Lanxess AG is a major player in the industry. The company specializes in the production and distribution of rubber and plastic chemicals, materials, and additives. Lanxess AG offers a wide range of innovative solutions for various applications, including automotive, construction, electronics, and consumer goods. With its commitment to sustainability and continuous research and development, Lanxess AG aims to shape the future of the Rubber And Plastics industry.
#20 Arkema S.A.
Employees: 20K
Revenue: 10B$
Website: https://www.arkema.com
Description: Arkema S.A. is a leading company in the Rubber And Plastics industry, operating in the Chemicals sector. Headquartered in Colombes, France, Arkema was founded in 2004. With a workforce of approximately 20,000 employees, the company generates an estimated annual revenue of 10 billion US dollars. Arkema specializes in the development, production, and distribution of a wide range of innovative materials, including high-performance polymers, specialty chemicals, and adhesives. The company's products find applications in various industries, such as automotive, construction, electronics, and packaging. Arkema is committed to sustainability and actively promotes the use of eco-friendly solutions to address global challenges.
#19 Eastman Chemical Company
Employees: 14K
Revenue: 10B$
Website: https://www.eastman.com
Description: Eastman Chemical Company, headquartered in Kingsport, United States, is a leading player in the Rubber and Plastics industry. Founded in 1920, the company has grown to employ approximately 14,000 people worldwide. With an annual revenue of 10 billion USD, Eastman Chemical Company is committed to providing innovative solutions and technologies in the chemical sector. The company's focus within the Rubber and Plastics industry includes the development and production of specialty plastics, advanced materials, and performance additives. Eastman Chemical Company aims to address the evolving needs of various sectors such as automotive, packaging, consumer goods, and construction through its wide range of high-quality products.
#18 Mitsui Chemicals, Inc.
Employees: 17K
Revenue: 10B$
Website: https://www.mitsuichem.com/
Description: Mitsui Chemicals, Inc. is a leading company in the Rubber And Plastics industry. Headquartered in Tokyo, Japan, the company was founded in 1912. With a workforce of approximately 17,000 employees, Mitsui Chemicals operates globally to develop, manufacture, and market a wide range of chemical products. The company's focus within the Rubber And Plastics industry includes the production of synthetic resins, elastomers, performance polymers, and various other plastic materials. Mitsui Chemicals is committed to providing innovative solutions and contributing to the advancement of the industry through its cutting-edge technologies and sustainable practices. With a revenue of 10 billion dollars, the company continues to be a key player in the global Rubber And Plastics market.
#17 Solvay S.A.
Employees: 24K
Revenue: 10.4B$
Website: https://www.solvay.com
Description: Solvay S.A. is a leading company in the Rubber and Plastics industry. Headquartered in Brussels, Belgium, Solvay operates primarily in Europe and North America. With a history dating back to 1863, the company has established itself as a key player in the chemicals sector. Solvay employs approximately 24,000 people globally, dedicated to the development, production, and distribution of a wide range of rubber and plastic products. The company's innovative solutions are used in various applications, including automotive, aerospace, construction, and consumer goods. Solvay's commitment to sustainability and environmental responsibility sets it apart in the industry. With annual revenues of 10.4 billion dollars, Solvay continues to drive growth and contribute to advancements in the Rubber and Plastics sector.
#16 Evonik Industries AG
Employees: 32K
Revenue: 13.5B$
Website: https://corporate.evonik.com/en/
Description: Evonik Industries AG, headquartered in Essen, Germany, is a leading company in the Rubber And Plastics industry. Founded in 2007, Evonik operates in the chemicals sector and specializes in manufacturing and distributing specialty chemicals. With approximately 32,000 employees worldwide, the company generates an annual revenue of 13.5 billion dollars. Evonik offers a wide range of products and solutions for various applications in the Rubber And Plastics industry, including additives, polymers, and high-performance materials. The company's focus on innovation and sustainability has made it a trusted partner for customers in sectors such as automotive, construction, and consumer goods.
#15 Covestro AG
Employees: 16K
Revenue: 14.2B$
Website: https://www.covestro.com
Description: Covestro AG is a leading company in the Rubber And Plastics industry, operating in the Chemicals sector. Based in Leverkusen, Germany, Covestro is headquartered in Europe. The company was founded in 2015 and currently employs approximately 16,000 employees. With annual revenues of 14.2 billion dollars, Covestro is a major player in the industry. Covestro specializes in the production of high-performance materials used in a wide range of applications, including automotive, construction, electronics, and healthcare. The company is committed to sustainability and innovation, constantly developing new solutions to meet the evolving needs of its customers.
#14 Braskem S.A.
Employees: 8.5K
Revenue: 15.6B$
Website: https://www.braskem.com.br
Description: Braskem S.A. is a leading company in the Rubber and Plastics industry, operating primarily in South America. Headquartered in São Paulo, Brazil, Braskem was founded in 2002. With approximately 8,500 employees, the company generates an annual revenue of 15.6 billion US dollars. Braskem specializes in the production of thermoplastic resins and other petrochemical products, serving various sectors such as automotive, construction, packaging, and healthcare. The company has a strong focus on sustainability, aiming to promote the circular economy and reduce its environmental impact through initiatives such as recycling and the development of renewable raw materials.
#13 Asahi Kasei Corporation
Employees: 40K
Revenue: 20B$
Website: https://www.asahi-kasei.co.jp
Description: Asahi Kasei Corporation, headquartered in Tokyo, Japan, is a leading company operating in the Rubber And Plastics industry. Founded in 1922, the company has grown to employ approximately 40,000 employees worldwide. With a revenue of around 20 billion US dollars, Asahi Kasei Corporation is a major player in the chemicals sector. The company specializes in the development, manufacturing, and distribution of a wide range of rubber and plastic products. Asahi Kasei Corporation's innovative solutions are used in various applications, including automotive, electronics, construction, healthcare, and many others. With a strong focus on sustainability and quality, the company continues to drive advancements in the Rubber And Plastics industry.
#12 Sinopec Shanghai Petrochemical Company Limited
Employees: 14K
Revenue: 20B$
Website: https://www.spc.com.cn
Description: Sinopec Shanghai Petrochemical Company Limited, headquartered in Shanghai, China, is a major player in the Rubber And Plastics industry. Established in 1972, the company has grown to become one of the leading chemical companies in China. With a workforce of approximately 14,000 employees, Sinopec Shanghai Petrochemical Company Limited is dedicated to the production and sale of a wide range of rubber and plastic products. The company's revenue stands at an impressive 20 billion US dollars, reflecting its strong market presence and successful operations in the industry.
#11 Sumitomo Chemical Co., Ltd.
Employees: 33K
Revenue: 20.5B$
Website: https://www.sumitomo-chem.co.jp/
Description: Sumitomo Chemical Co., Ltd. is a Japanese company headquartered in Tokyo, Japan. Founded in 1913, the company operates in the Rubber and Plastics industry. With a workforce of approximately 33,000 employees, Sumitomo Chemical is a major player in the industry. The company generates a revenue of 20.5 billion dollars, making it one of the leading companies in the Rubber and Plastics sector. Sumitomo Chemical is involved in the manufacture and sale of a wide range of chemical products, including synthetic rubber, plastics, and various chemical intermediates. The company's commitment to innovation and sustainability has positioned it as a key contributor to the development and advancement of the Rubber and Plastics industry.
#10 LG Chem Ltd.
Employees: 30K
Revenue: 26B$
Website: https://www.lgchem.com
Description: LG Chem Ltd. is a South Korean company headquartered in Seoul. As a leading player in the Rubber And Plastics industry, LG Chem specializes in the manufacturing and distribution of a wide range of chemical products. With a history dating back to 1947, the company has grown to become a major global player in the industry. LG Chem operates across various segments including Basic Materials & Chemicals, Energy Solutions, and Advanced Materials. The company's products find applications in diverse sectors such as automotive, electronics, construction, and healthcare. With a workforce of approximately 30,000 employees and an annual revenue of 26 billion dollars, LG Chem continues to innovate and deliver high-quality solutions to its customers worldwide.
#9 Mitsubishi Chemical Holdings Corporation
Employees: 40K
Revenue: 30B$
Website: https://www.mitsubishichem-hd.co.jp/en/
Description: Mitsubishi Chemical Holdings Corporation is a multinational chemical company headquartered in Tokyo, Japan. Operating in the Rubber and Plastics industry, the company specializes in the development, manufacturing, and sale of a wide range of chemical products. With a workforce of approximately 40,000 employees, Mitsubishi Chemical Holdings Corporation generates an annual revenue of around 30 billion dollars. The company's products are used in various sectors including automotive, electronics, healthcare, and packaging. Mitsubishi Chemical Holdings Corporation is committed to sustainability and promotes eco-friendly practices in its operations, focusing on reducing environmental impact and contributing to a sustainable future.
#8 LyondellBasell Industries N.V.
Employees: 13.5K
Revenue: 34.6B$
Website: https://www.lyondellbasell.com
Description: LyondellBasell Industries N.V. is a leading company in the Rubber And Plastics industry. Headquartered in Houston, United States, the company operates primarily in North America. With a history dating back to 1953, LyondellBasell has established itself as a prominent player in the chemicals sector. The company employs approximately 13.5 thousand employees worldwide, contributing to its annual revenue of 34.6 billion dollars. LyondellBasell is known for its innovative solutions and high-quality products in the rubber and plastics industry, serving diverse sectors such as automotive, packaging, and construction. With its commitment to sustainability and continuous improvement, LyondellBasell remains at the forefront of the industry.
#7 Saudi Basic Industries Corporation (SABIC)
Employees: 35K
Revenue: 40B$
Website: https://www.sabic.com
Description: Saudi Basic Industries Corporation (SABIC) is a leading player in the Rubber and Plastics industry. Headquartered in Riyadh, Saudi Arabia, SABIC operates in the Asia continent. Founded in 1976, the company has a workforce of approximately 35,000 employees. With annual revenue of 40 billion US dollars, SABIC is a major contributor to the chemicals sector. SABIC is known for its extensive range of innovative rubber and plastics products, including polyethylene, polypropylene, polyvinyl chloride, and rubber compounds. The company serves various industries, including automotive, construction, packaging, and electrical. SABIC's commitment to sustainability and environmental responsibility is evident through its focus on developing eco-friendly and recyclable materials.
#6 Dow Inc.
Employees: 36K
Revenue: 43.0B$
Website: https://www.dow.com
Description: Dow Inc. is a leading company operating in the Rubber and Plastics industry. Headquartered in Midland, United States, Dow Inc. has been in operation since 1897. With a workforce of around 36,000 employees, the company has established itself as a major player in the industry. Dow Inc. generates an impressive revenue of 43.0 billion USD, making it one of the top performers in the Rubber and Plastics sector. The company is known for its innovative solutions and products that cater to various applications in the industry. By leveraging its expertise and global presence, Dow Inc. continues to drive advancements in the Rubber and Plastics industry.
#5 SABIC
Employees: 34K
Revenue: 45.6B$
Website: https://www.sabic.com/
Description: SABIC, headquartered in Riyadh, Saudi Arabia, is a leading global company operating in the Rubber and Plastics industry. Founded in 1976, SABIC has grown to become one of the largest chemical companies in the world. With approximately 34,000 employees, SABIC manufactures and supplies a wide range of rubber and plastic products used in various sectors such as automotive, construction, packaging, healthcare, and more. The company's innovative solutions and sustainable practices have made it a trusted partner for businesses worldwide. SABIC's commitment to research and development, coupled with its extensive global network, enables it to deliver high-quality products and drive industry growth. With an annual revenue of 45.6 billion dollars, SABIC continues to be a key player in the Rubber and Plastics industry, contributing to economic development and technological advancements.
#4 BASF SE
Employees: 122K
Revenue: 59.3B$
Website: https://www.basf.com
Description: BASF SE, headquartered in Ludwigshafen, Germany, is a leading multinational chemical company operating in the Rubber and Plastics industry. With a history dating back to 1865, BASF has established itself as a key player in the chemicals sector. The company employs approximately 122,000 individuals worldwide, driving innovation and providing solutions in various segments of the industry. BASF's Rubber and Plastics division focuses on the development and production of high-quality materials used in a wide range of applications, including automotive, construction, packaging, and consumer goods. With a revenue of 59.3 billion USD, BASF continues to be a major contributor to the global rubber and plastics market, offering sustainable and innovative solutions to meet the evolving needs of its customers.
#3 INEOS Group Holdings S.A.
Employees: 22K
Revenue: 80B$
Website: https://www.ineos.com/
Description: INEOS Group Holdings S.A. is a global leader in the Rubber And Plastics industry. Headquartered in Lausanne, Switzerland, the company was founded in 1998. With a workforce of approximately 22,000 employees, INEOS operates in various sectors within the chemical industry. The company's revenue is estimated to be around 80 billion US dollars. INEOS is known for its innovative solutions in the Rubber And Plastics sector, offering a wide range of products and technologies that cater to diverse industrial applications. With a strong focus on sustainability and value creation, INEOS continues to drive growth and deliver high-quality products to its customers worldwide.
#2 Reliance Industries Limited
Employees: 195K
Revenue: 89.4B$
Website: https://www.ril.com/
Description: Reliance Industries Limited (RIL) is a leading player in the Rubber And Plastics industry. Headquartered in Mumbai, India, RIL was founded in 1966. With a workforce of approximately 195,000 employees, the company operates in various sectors including petrochemicals, refining, oil and gas exploration, and telecommunications. RIL is known for its innovative approach and has made significant contributions to the development of the Rubber And Plastics industry. The company has achieved substantial revenue, with an estimated annual revenue of 89.4 billion USD. RIL continues to expand its operations and invest in research and development to stay at the forefront of the industry.
#1 Exxon Mobil Corporation
Employees: 71K
Revenue: 265.4B$
Website: https://corporate.exxonmobil.com/
Description: Exxon Mobil Corporation, headquartered in Irving, United States, is a leading player in the Rubber and Plastics industry. Founded in 1870, the company has a workforce of approximately 71,000 employees. With a revenue of 265.4 billion USD, Exxon Mobil Corporation is renowned for its extensive operations in the production and distribution of rubber and plastic products. The company's commitment to innovation and cutting-edge technology has enabled it to develop a wide range of high-quality and sustainable solutions for the industry. Exxon Mobil Corporation continues to be a key contributor to the growth and development of the Rubber and Plastics sector.
Summary
The rubber and plastics industry is a vital sub-industry within the chemicals sector, with several outstanding companies leading the way in terms of revenue and market share. These top companies have achieved significant accomplishments and continue to thrive in a highly competitive landscape.
One unexpected finding is the increasing focus on sustainability within the rubber and plastics industry. Many of the leading companies have implemented innovative practices to reduce their environmental impact, such as using recycled materials and developing biodegradable alternatives.
Among the premier companies in the rubber and plastics sub-industry are Dow Inc., LyondellBasell Industries, and BASF SE. These companies have consistently demonstrated their prowess in terms of revenue generation, technological advancements, and global reach.
One shared element driving the success of these top firms is their commitment to research and development. They invest heavily in innovation, constantly developing new materials, technologies, and manufacturing processes to stay ahead of the competition.
What sets these eminent companies apart from their industry rivals is their ability to adapt to changing market demands. They have successfully diversified their product offerings, catering to various applications and industries, including automotive, packaging, construction, and consumer goods.