Global Chemicals Market 2017 Q4 – APAC Accounted for 36% Market Share in 2017 – ResearchAndMarkets.com

February 13, 2018

DUBLIN–(BUSINESS WIRE)–The "Chemicals
Global Market Briefing 2017 Q4" report has been added to ResearchAndMarkets.com's
offering.

This report covers market characteristics, size and growth,
segmentation, regional breakdowns, competitive landscape, market shares,
trends and strategies for this market.

Asia Pacific was the largest region in the chemicals manufacturing
market in 2017, accounting for around 36% market share. Western Europe
was the second largest region accounting for around 26% market share.
Africa was the smallest region accounting for around 3% market share.
Asia is the largest market because of its robust manufacturing industry,
a major user of petrochemicals, in China and South East Asia.

Chemical companies are increasingly adopting sustainable and ecofriendly
processes to eliminate negative impact of chemical manufacturing on the
environment. Evolution in technology and chemical sciences enabled
chemical companies to utilize alternative fuels to produce chemical
products. They are using naturally available carbon dioxide to produce
fuels, industrial products and other substances. Elevance Renewable
Sciences, a specialty chemicals company, is using green technology,
methasis, to produce high concentrated detergents that reduced energy
consumption significantly, thus minimizing the impact on the environment.

Scope

  • Markets Covered: petrochemicals, plastics materials and resin and
    general chemicals products.
  • Time Series: Five years historic and forecast.
  • Data: Market value in $ billions.
  • Data Segmentations: Regional breakdowns, market share of competitors,
    key sub segments.

Companies Mentioned

  • Teijin Ltd.
  • Owens Corning
  • KUMHO Petrochemical
  • TSRC Corporation

For more information about this report visit https://www.researchandmarkets.com/research/nhj9p8/global_chemicals?w=4

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Related
Topics: Chemicals

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