Daten aus dem Cache geladen. The main markets for the global chemical industry | Webyourself...

The main markets for the global chemical industry

0
166

The main markets for the global chemical industry include the following regions:

1. Asia-Pacific Market (APAC):
   - The Asia-Pacific region was the largest chemicals market in 2023, with a market size growth rate of 4.0% from 2022 to 2023. China plays a significant role in the APAC chemicals market, and it is expected that by 2025, China will achieve full self-sufficiency in ethylene chemicals.

2. European Market:
   - Despite a decline in production within the European region, the market size still grew by 1% in 2023, largely due to increased imports from countries like China and India. Europe holds a significant position in global chemical imports and exports, with the highest values for both in 2022.

3. North American Market:
   - North America, particularly the United States, plays a crucial role in the global chemical industry. In 2022, U.S. chemical production increased by 3.9%, and chemical trade was robust, with exports expected to grow by 20.4% to reach $184 billion.

4. Chinese Market:
   - China is the world's largest chemicals market, accounting for 41% of global chemical sales in 2019. The market size in China is expected to continue growing, especially with the completion of new petrochemical complexes.

These markets play a key role in the global chemical industry, and their positions and influence in the global chemical market vary due to their respective economic growth, industrial demands, and international trade flows. As the global economy and environmental policies change, the dynamics of these markets will continue to evolve.

Search
Categories
Read More
Food
Plant-based Bars Market Detailed Overview, Scope 2032
The Plant-based Bars Market Trend was USD 8.06 billion in 2023 and is expected to Reach...
By Prajakta Dose 2024-11-15 05:19:10 0 112
Other
Infor Partner Network (IPN) Market Anaysis by Size (Volume and Value) And Growth to 2031
Infor Partner Network (IPN) Market Market 2024 research report provides a comprehensive analysis...
By Shweta Shraddha 2024-05-29 05:20:28 0 506
Other
The Potential of Wagering Tendencies and Inventions in Online Betting
Even though the fundamental concept is the exact same, the free bets being offered to vary in one...
By Realable Aliyan 2024-03-28 11:58:31 0 838
Networking
Location-Based Services: Transforming How We Experience the World Around Us
The Evolution of Location-Based Services Technology The earliest versions of Location-Based...
By Pooja Salve 2024-03-14 12:27:21 0 1K