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Global Chemicals Market Research Report 2025
Published Date: June 2025
|
Report Code: QYRE-Auto-36Z6044
Home | Market Reports | Business & Industrial| Chemicals Industry
Global Chemicals Market Insights and Forecast to 2028
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Global Chemicals Market Research Report 2025

Code: QYRE-Auto-36Z6044
Report
June 2025
Pages:67
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Sinopec Limited
BASF AG
Bayer
DowDuPont
Lyondellbasell Industries

Chemicals Market Size

The global market for Chemicals was valued at US$ 3684313 million in the year 2024 and is projected to reach a revised size of US$ 4809255 million by 2031, growing at a CAGR of 4.2% during the forecast period.

Chemicals Market

Chemicals Market

The global chemicals market encompasses a vast and diverse range of products derived from raw materials such as oil, natural gas, minerals, and biomass. It includes basic chemicals (such as petrochemicals, polymers, and inorganic compounds), specialty chemicals (such as additives, adhesives, coatings, and catalysts), agrochemicals (fertilizers, herbicides, insecticides), and consumer chemicals (like detergents, personal care ingredients, and cleaning agents). These chemicals serve as building blocks or functional materials for a wide variety of downstream industries, including automotive, construction, electronics, healthcare, agriculture, and consumer goods. The sector plays a critical role in global industrial ecosystems, contributing to innovation, productivity, and sustainability across multiple value chains.
Market Trends
In recent years, the global chemicals market has undergone a significant transformation, influenced by sustainability imperatives, technological advancement, and changing geopolitical landscapes. One of the dominant trends is the transition toward green and sustainable chemistry, driven by regulatory pressures and consumer demand for low-carbon, environmentally friendly products. Bio-based and biodegradable chemicals are rapidly gaining traction, especially in packaging, agriculture, and personal care sectors. Simultaneously, the industry is seeing rapid digitalization, with artificial intelligence (AI), machine learning, and automation being integrated into R&D, production optimization, and supply chain management. These technologies not only enhance efficiency but also support the development of more precise, targeted chemical formulations.
Outlook
The global chemicals market is projected to continue its upward trajectory, with a compound annual growth rate (CAGR) of approximately 4–5% over the next decade. Growth is expected to be strongest in Asia-Pacific, led by China, India, and Southeast Asia, due to their expanding manufacturing bases, urbanization, and rising middle-class consumption. In contrast, Western markets are increasingly focusing on high-value specialty chemicals, innovation, and sustainability. Geopolitical shifts, including trade tensions and efforts to localize supply chains, are also influencing investment decisions and capacity expansions. Overall, the market is entering a phase where agility, sustainability, and digital capability are becoming critical differentiators for global chemical producers.
This report aims to provide a comprehensive presentation of the global market for Chemicals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chemicals.
The Chemicals market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Chemicals market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Chemicals companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Chemicals Market Report

Report Metric Details
Report Name Chemicals Market
Accounted market size in year US$ 3684313 million
Forecasted market size in 2031 US$ 4809255 million
CAGR 4.2%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Basic Chemicals
  • Specialty Chemicals
  • Agrochemicals
  • Polymers
  • Pharmaceuticals & Fine Chemicals
  • Others
Segment by Application
  • Automotive
  • Construction
  • Electronics
  • Healthcare
  • Agriculture
  • Consumer Goods
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Sinopec, BASF, Bayer, DowDupont, LyondellBasell Industries
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of Chemicals company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Chemicals Market growing?

Ans: The Chemicals Market witnessing a CAGR of 4.2% during the forecast period 2025-2031.

What is the Chemicals Market size in 2031?

Ans: The Chemicals Market size in 2031 will be US$ 4809255 million.

Who are the main players in the Chemicals Market report?

Ans: The main players in the Chemicals Market are Sinopec, BASF, Bayer, DowDupont, LyondellBasell Industries

What are the Application segmentation covered in the Chemicals Market report?

Ans: The Applications covered in the Chemicals Market report are Automotive, Construction, Electronics, Healthcare, Agriculture, Consumer Goods, Others

What are the Type segmentation covered in the Chemicals Market report?

Ans: The Types covered in the Chemicals Market report are Basic Chemicals, Specialty Chemicals, Agrochemicals, Polymers, Pharmaceuticals & Fine Chemicals, Others

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Chemicals Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Basic Chemicals
1.2.3 Specialty Chemicals
1.2.4 Agrochemicals
1.2.5 Polymers
1.2.6 Pharmaceuticals & Fine Chemicals
1.2.7 Others
1.3 Market by Application
1.3.1 Global Chemicals Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Automotive
1.3.3 Construction
1.3.4 Electronics
1.3.5 Healthcare
1.3.6 Agriculture
1.3.7 Consumer Goods
1.3.8 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Chemicals Market Perspective (2020-2031)
2.2 Global Chemicals Growth Trends by Region
2.2.1 Global Chemicals Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Chemicals Historic Market Size by Region (2020-2025)
2.2.3 Chemicals Forecasted Market Size by Region (2026-2031)
2.3 Chemicals Market Dynamics
2.3.1 Chemicals Industry Trends
2.3.2 Chemicals Market Drivers
2.3.3 Chemicals Market Challenges
2.3.4 Chemicals Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Chemicals Players by Revenue
3.1.1 Global Top Chemicals Players by Revenue (2020-2025)
3.1.2 Global Chemicals Revenue Market Share by Players (2020-2025)
3.2 Global Top Chemicals Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Chemicals Revenue
3.4 Global Chemicals Market Concentration Ratio
3.4.1 Global Chemicals Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Chemicals Revenue in 2024
3.5 Global Key Players of Chemicals Head office and Area Served
3.6 Global Key Players of Chemicals, Product and Application
3.7 Global Key Players of Chemicals, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Chemicals Breakdown Data by Type
4.1 Global Chemicals Historic Market Size by Type (2020-2025)
4.2 Global Chemicals Forecasted Market Size by Type (2026-2031)
5 Chemicals Breakdown Data by Application
5.1 Global Chemicals Historic Market Size by Application (2020-2025)
5.2 Global Chemicals Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Chemicals Market Size (2020-2031)
6.2 North America Chemicals Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Chemicals Market Size by Country (2020-2025)
6.4 North America Chemicals Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Chemicals Market Size (2020-2031)
7.2 Europe Chemicals Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Chemicals Market Size by Country (2020-2025)
7.4 Europe Chemicals Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Chemicals Market Size (2020-2031)
8.2 Asia-Pacific Chemicals Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Chemicals Market Size by Region (2020-2025)
8.4 Asia-Pacific Chemicals Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Chemicals Market Size (2020-2031)
9.2 Latin America Chemicals Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Chemicals Market Size by Country (2020-2025)
9.4 Latin America Chemicals Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Chemicals Market Size (2020-2031)
10.2 Middle East & Africa Chemicals Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Chemicals Market Size by Country (2020-2025)
10.4 Middle East & Africa Chemicals Market Size by Country (2026-2031)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Sinopec
11.1.1 Sinopec Company Details
11.1.2 Sinopec Business Overview
11.1.3 Sinopec Chemicals Introduction
11.1.4 Sinopec Revenue in Chemicals Business (2020-2025)
11.1.5 Sinopec Recent Development
11.2 BASF
11.2.1 BASF Company Details
11.2.2 BASF Business Overview
11.2.3 BASF Chemicals Introduction
11.2.4 BASF Revenue in Chemicals Business (2020-2025)
11.2.5 BASF Recent Development
11.3 Bayer
11.3.1 Bayer Company Details
11.3.2 Bayer Business Overview
11.3.3 Bayer Chemicals Introduction
11.3.4 Bayer Revenue in Chemicals Business (2020-2025)
11.3.5 Bayer Recent Development
11.4 DowDupont
11.4.1 DowDupont Company Details
11.4.2 DowDupont Business Overview
11.4.3 DowDupont Chemicals Introduction
11.4.4 DowDupont Revenue in Chemicals Business (2020-2025)
11.4.5 DowDupont Recent Development
11.5 LyondellBasell Industries
11.5.1 LyondellBasell Industries Company Details
11.5.2 LyondellBasell Industries Business Overview
11.5.3 LyondellBasell Industries Chemicals Introduction
11.5.4 LyondellBasell Industries Revenue in Chemicals Business (2020-2025)
11.5.5 LyondellBasell Industries Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
FEATURED COMPANIES
Sinopec Limited
BASF AG
Bayer
DowDuPont
Lyondellbasell Industries
List of Tables
 Table 1. Global Chemicals Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Basic Chemicals
 Table 3. Key Players of Specialty Chemicals
 Table 4. Key Players of Agrochemicals
 Table 5. Key Players of Polymers
 Table 6. Key Players of Pharmaceuticals & Fine Chemicals
 Table 7. Key Players of Others
 Table 8. Global Chemicals Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 9. Global Chemicals Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 10. Global Chemicals Market Size by Region (2020-2025) & (US$ Million)
 Table 11. Global Chemicals Market Share by Region (2020-2025)
 Table 12. Global Chemicals Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 13. Global Chemicals Market Share by Region (2026-2031)
 Table 14. Chemicals Market Trends
 Table 15. Chemicals Market Drivers
 Table 16. Chemicals Market Challenges
 Table 17. Chemicals Market Restraints
 Table 18. Global Chemicals Revenue by Players (2020-2025) & (US$ Million)
 Table 19. Global Chemicals Market Share by Players (2020-2025)
 Table 20. Global Top Chemicals Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Chemicals as of 2024)
 Table 21. Ranking of Global Top Chemicals Companies by Revenue (US$ Million) in 2024
 Table 22. Global 5 Largest Players Market Share by Chemicals Revenue (CR5 and HHI) & (2020-2025)
 Table 23. Global Key Players of Chemicals, Headquarters and Area Served
 Table 24. Global Key Players of Chemicals, Product and Application
 Table 25. Global Key Players of Chemicals, Date of Enter into This Industry
 Table 26. Mergers & Acquisitions, Expansion Plans
 Table 27. Global Chemicals Market Size by Type (2020-2025) & (US$ Million)
 Table 28. Global Chemicals Revenue Market Share by Type (2020-2025)
 Table 29. Global Chemicals Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 30. Global Chemicals Revenue Market Share by Type (2026-2031)
 Table 31. Global Chemicals Market Size by Application (2020-2025) & (US$ Million)
 Table 32. Global Chemicals Revenue Market Share by Application (2020-2025)
 Table 33. Global Chemicals Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 34. Global Chemicals Revenue Market Share by Application (2026-2031)
 Table 35. North America Chemicals Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 36. North America Chemicals Market Size by Country (2020-2025) & (US$ Million)
 Table 37. North America Chemicals Market Size by Country (2026-2031) & (US$ Million)
 Table 38. Europe Chemicals Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 39. Europe Chemicals Market Size by Country (2020-2025) & (US$ Million)
 Table 40. Europe Chemicals Market Size by Country (2026-2031) & (US$ Million)
 Table 41. Asia-Pacific Chemicals Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 42. Asia-Pacific Chemicals Market Size by Region (2020-2025) & (US$ Million)
 Table 43. Asia-Pacific Chemicals Market Size by Region (2026-2031) & (US$ Million)
 Table 44. Latin America Chemicals Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. Latin America Chemicals Market Size by Country (2020-2025) & (US$ Million)
 Table 46. Latin America Chemicals Market Size by Country (2026-2031) & (US$ Million)
 Table 47. Middle East & Africa Chemicals Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 48. Middle East & Africa Chemicals Market Size by Country (2020-2025) & (US$ Million)
 Table 49. Middle East & Africa Chemicals Market Size by Country (2026-2031) & (US$ Million)
 Table 50. Sinopec Company Details
 Table 51. Sinopec Business Overview
 Table 52. Sinopec Chemicals Product
 Table 53. Sinopec Revenue in Chemicals Business (2020-2025) & (US$ Million)
 Table 54. Sinopec Recent Development
 Table 55. BASF Company Details
 Table 56. BASF Business Overview
 Table 57. BASF Chemicals Product
 Table 58. BASF Revenue in Chemicals Business (2020-2025) & (US$ Million)
 Table 59. BASF Recent Development
 Table 60. Bayer Company Details
 Table 61. Bayer Business Overview
 Table 62. Bayer Chemicals Product
 Table 63. Bayer Revenue in Chemicals Business (2020-2025) & (US$ Million)
 Table 64. Bayer Recent Development
 Table 65. DowDupont Company Details
 Table 66. DowDupont Business Overview
 Table 67. DowDupont Chemicals Product
 Table 68. DowDupont Revenue in Chemicals Business (2020-2025) & (US$ Million)
 Table 69. DowDupont Recent Development
 Table 70. LyondellBasell Industries Company Details
 Table 71. LyondellBasell Industries Business Overview
 Table 72. LyondellBasell Industries Chemicals Product
 Table 73. LyondellBasell Industries Revenue in Chemicals Business (2020-2025) & (US$ Million)
 Table 74. LyondellBasell Industries Recent Development
 Table 75. Research Programs/Design for This Report
 Table 76. Key Data Information from Secondary Sources
 Table 77. Key Data Information from Primary Sources
 Table 78. Authors List of This Report


List of Figures
 Figure 1. Chemicals Picture
 Figure 2. Global Chemicals Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Chemicals Market Share by Type: 2024 VS 2031
 Figure 4. Basic Chemicals Features
 Figure 5. Specialty Chemicals Features
 Figure 6. Agrochemicals Features
 Figure 7. Polymers Features
 Figure 8. Pharmaceuticals & Fine Chemicals Features
 Figure 9. Others Features
 Figure 10. Global Chemicals Market Size by Application (2020-2031) & (US$ Million)
 Figure 11. Global Chemicals Market Share by Application: 2024 VS 2031
 Figure 12. Automotive Case Studies
 Figure 13. Construction Case Studies
 Figure 14. Electronics Case Studies
 Figure 15. Healthcare Case Studies
 Figure 16. Agriculture Case Studies
 Figure 17. Consumer Goods Case Studies
 Figure 18. Others Case Studies
 Figure 19. Chemicals Report Years Considered
 Figure 20. Global Chemicals Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 21. Global Chemicals Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 22. Global Chemicals Market Share by Region: 2024 VS 2031
 Figure 23. Global Chemicals Market Share by Players in 2024
 Figure 24. Global Chemicals Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
 Figure 25. The Top 10 and 5 Players Market Share by Chemicals Revenue in 2024
 Figure 26. North America Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. North America Chemicals Market Share by Country (2020-2031)
 Figure 28. United States Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Canada Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Europe Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Europe Chemicals Market Share by Country (2020-2031)
 Figure 32. Germany Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. France Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. U.K. Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Italy Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. Russia Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Ireland Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Asia-Pacific Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Asia-Pacific Chemicals Market Share by Region (2020-2031)
 Figure 40. China Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Japan Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. South Korea Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Southeast Asia Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 44. India Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Australia & New Zealand Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. Latin America Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. Latin America Chemicals Market Share by Country (2020-2031)
 Figure 48. Mexico Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. Brazil Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 50. Middle East & Africa Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 51. Middle East & Africa Chemicals Market Share by Country (2020-2031)
 Figure 52. Israel Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 53. Saudi Arabia Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 54. UAE Chemicals Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 55. Sinopec Revenue Growth Rate in Chemicals Business (2020-2025)
 Figure 56. BASF Revenue Growth Rate in Chemicals Business (2020-2025)
 Figure 57. Bayer Revenue Growth Rate in Chemicals Business (2020-2025)
 Figure 58. DowDupont Revenue Growth Rate in Chemicals Business (2020-2025)
 Figure 59. LyondellBasell Industries Revenue Growth Rate in Chemicals Business (2020-2025)
 Figure 60. Bottom-up and Top-down Approaches for This Report
 Figure 61. Data Triangulation
 Figure 62. Key Executives Interviewed
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