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Chemical & Engineering News publishes an annual list of the world's largest chemical producers by sales, excluding formulated products such as pharmaceutical drugs and coatings. [1] In 2018, sales of the top fifty companies amounted to US$951,000,000,000, an increase of 11.8% compared to the top fifty producers of 2017. [2]
Globally the industry’s market size is $2.4 trillion while China has been the global leader in production of chemicals in 2018, contributing 35.8%of global chemical sales in the year.
In this article we are going to list the top 10 chemical companies in the world in 2022. Click to skip ahead and jump to the top 5 chemical companies in the world in 2022. The global chemical ...
Annually the American Chemistry Council tabulates the US production volume of the top 100 chemicals. In 2000, the aggregate production volume of the top 100 chemicals totaled 502 million tons, up from 397 million tons in 1990. Inorganic chemicals tend to be the largest volume but much smaller in dollar revenue due to their low prices.
The largest such integrated production site is located in Ludwigshafen employing 33,000 people. Integrated production sites are characterized by co-location of many individual production lines (producing a specific chemical), which share an interconnected material flow. Piping is used ubiquitously for volume materials.
With almost 385 production sites and more than 117,000 employees worldwide, BASF, a German mega-conglomerate, is one of the largest petrochemical companies in the world.
The Dow Chemical Company is an American multinational corporation headquartered in Midland, Michigan, United States. The company was among the three largest chemical producers in the world in 2021. [2] It is the operating subsidiary of Dow Inc., a publicly traded holding company incorporated under Delaware law. [3]
Commodity chemicals are a sub-sector of the chemical industry (other sub sectors are fine chemicals, specialty chemicals, inorganic chemicals, petrochemicals, pharmaceuticals, renewable energy (e.g. biofuels) and materials (e.g. biopolymers)). Commodity chemicals are differentiated primarily by the bulk of their manufacture.