Global Chemicals Market Briefing 2017-2021 – Asia Accounted for 60% Market Share in 2016 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Chemicals
Market Global Briefing 2017" report has been added to ResearchAndMarkets.com's
Chemical companies are increasingly adopting sustainable and ecofriendly
processes to eliminate negative impact of chemical manufacturing on the
environment. 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.
Asia was the largest region in the chemicals market in 2016, accounting
for approximately 60% market share. China and India are the fast-growing
chemicals markets in this region. China accounts for more than half of
Asia's chemicals sales. Other than China and India, Japan and Singapore
are the important markets in Asia. The growth of the Asian economies,
the lower cost of labor and the concentration of manufacturing
industries in these countries are the key reasons for their dominance in
the global market. The Americas was the second largest region accounting
for 20% market share. Europe was the third largest region accounting for
19% market share.
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.
- Dow Chemical
- Saudi Basic Industries Corporation
- Exxon Mobil
For more information about this report visit https://www.researchandmarkets.com/research/3vzmls/global_chemicals?w=4
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