The Business Research Company’s global chemicals, covers the year-on-year growth of the global chemicals historic and forecast growth. It also includes chapters on the chemical’s trends, geographical analysis, and competitive landscape.
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The global chemicals market is forecast to grow at a CAGR (compound annual growth rate) of around 3 % to 2022.
Shifting production facilities to emerging markets, chemical manufacturers adopting IOT technology and rapid evolution in green technologies are the major trends witnessed in the global chemicals market.
The global economy is expected to go through a continuous period of steady growth during the forecast period. The US economy was already showing strong growth in 2016, and this is likely to continue during the forecast period. The European market is expected to see growth return later in the forecast period –. Emerging markets are expected to continue to see generally higher levels of growth than the developed markets during this period. The economic growth of Asian countries is attracting the chemicals industry.
The global chemicals is primarily driven by increase in global chemicals mergers and acquisitions and economic growth
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The global chemicals market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With emergence of multinational chemicals companies and low oil prices the global chemicals is expected to increase in potential and scope. TBRC’s report also covers the global chemicals market report drivers and restraints in the market.
The global chemicals market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global chemicals report are BASF SE, The Dow Chemical Company, Evonik Industries, DuPont, Air Liquide
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