
Chemicals in Asia-Pacific
Description
Chemicals in Asia-Pacific
Summary
Chemicals in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Chemicals in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Chemicals market is segmented into commodity chemicals, specialty chemicals, agriculture chemicals, and others. Market values represent country's consumption of chemical products at the producer's selling price (PSP).
- The Asia-Pacific chemicals market recorded revenues of $3,435.1 billion in 2024, representing a compound annual growth rate (CAGR) of 6.6% between 2019 and 2024.
- The commodity chemicals segment accounted for the market's largest proportion in 2024, with total revenues of $1,836.1 billion, equivalent to 53.5% of the market's overall value.
- In 2024, the Asia-Pacific chemicals market grew by 6.5%, largely driven by increased GDP, which boosted industrial activity, infrastructure development, and consumer demand. For instance, according to the National Bureau of Statistics of China, the real GDP growth of China in 2024 reached 4.9%. This economic expansion led to higher consumption of chemicals across manufacturing, agriculture, and consumer goods sectors.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in Asia-Pacific
- Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific chemicals market with five year forecasts
- What was the size of the Asia-Pacific chemicals market by value in 2024?
- What will be the size of the Asia-Pacific chemicals market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific chemicals market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's chemicals market?
Table of Contents
46 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the recent developments?
- 8 Company Profiles
- 8.1. Mitsui Chemicals Inc
- 8.2. LG Chem Ltd
- 8.3. Reliance Industries Ltd
- 8.4. China Petroleum & Chemical Corp
- 8.5. BASF SE
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Asia-Pacific chemicals market value: $ billion, 2019-24
- Table 2: Asia-Pacific chemicals market category segmentation: % share, by value, 2019-24
- Table 3: Asia-Pacific chemicals market category segmentation: $ billion, 2019-24
- Table 4: Asia-Pacific chemicals market geography segmentation: $ billion, 2024
- Table 5: Asia-Pacific chemicals market value forecast: $ billion, 2024-29
- Table 6: Mitsui Chemicals Inc: Key Facts
- Table 7: Mitsui Chemicals Inc: Annual Financial Ratios
- Table 8: Mitsui Chemicals Inc: Key Employees
- Table 9: Mitsui Chemicals Inc: Key Employees Continued
- Table 10: LG Chem Ltd: Key Facts
- Table 11: LG Chem Ltd: Annual Financial Ratios
- Table 12: LG Chem Ltd: Key Employees
- Table 13: Reliance Industries Ltd: Key Facts
- Table 14: Reliance Industries Ltd: Annual Financial Ratios
- Table 15: Reliance Industries Ltd: Key Employees
- Table 16: China Petroleum & Chemical Corp: Key Facts
- Table 17: China Petroleum & Chemical Corp: Annual Financial Ratios
- Table 18: China Petroleum & Chemical Corp: Key Employees
- Table 19: BASF SE: Key Facts
- Table 20: BASF SE: Annual Financial Ratios
- Table 21: BASF SE: Key Employees
- Table 22: Asia-Pacific Exchange Rate, 2019-24
- List of Figures
- Figure 1: Asia-Pacific chemicals market value: $ billion, 2019-24
- Figure 2: Asia-Pacific chemicals market category segmentation: $ billion, 2019-24
- Figure 3: Asia-Pacific chemicals market geography segmentation: % share, by value, 2024
- Figure 4: Asia-Pacific chemicals market value forecast: $ billion, 2024-29
- Figure 5: Forces driving competition in the chemicals market in Asia-Pacific, 2024
- Figure 6: Drivers of buyer power in the chemicals market in Asia-Pacific, 2024
- Figure 7: Drivers of supplier power in the chemicals market in Asia-Pacific, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the chemicals market in Asia-Pacific, 2024
- Figure 9: Factors influencing the threat of substitutes in the chemicals market in Asia-Pacific, 2024
- Figure 10: Drivers of degree of rivalry in the chemicals market in Asia-Pacific, 2024
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