Other Basic Inorganic Chemical Market Report 2026

The other basic inorganic chemical market size has grown steadily in recent years. It will grow from $200.9 billion in 2025 to $210.56 billion in 2026 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to expansion of basic chemical production capacity, growth of agriculture-based chemical usage, increasing industrial manufacturing activities, rising demand for fertilizers and salts, availability of mineral-based raw materials.

The other basic inorganic chemical market size is expected to see strong growth in the next few years. It will grow to $260.36 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing investments in chemical processing modernization, rising demand from pharmaceutical and personal care industries, expansion of sustainable chemical manufacturing, growing focus on process automation, increasing adoption of high-efficiency reactors. Major trends in the forecast period include increasing demand for high-purity inorganic chemicals, rising use in agricultural and industrial applications, growing adoption in pharmaceutical manufacturing, expansion of chemical processing infrastructure, enhanced focus on process efficiency.

The growing environmental consciousness is expected to propel the growth of the other basic inorganic chemicals market going forward. Environmental consciousness refers to the awareness of the relationship between humans and the environment and the recognition of the need to protect and conserve natural resources. This awareness is becoming increasingly important in the production and use of basic inorganic chemicals, as manufacturers seek to minimize environmental impact. Chemists are developing new production processes that consume less energy and raw materials while generating less waste. For instance, in July 2023, according to the Office for National Statistics, a UK-based government department, over 86% of adults in Great Britain reported making at least some changes to their lifestyle to address environmental concerns, based on responses collected between May and June 2023. Therefore, the growing environmental consciousness is driving the growth of the other basic inorganic chemicals market.

Major companies operating in the other basic inorganic chemical market are focusing on developing innovative products, such as alkali-stable silicone antifoams, to gain a competitive edge in the market. Alkali-stable silicone antifoams are designed to remain effective in high-alkaline environments. For instance, in May 2023, BRB International BV, a Netherlands-based manufacturer of lube oil additives and silicones, launched Akasil Antifoam XP 20. This high-performance silicone-based antifoam emulsion contains 20% active content and provides superior antifoaming performance across a wide range of applications. It is stable in high-alkaline conditions, making it suitable for metalworking fluids and gas-sweetening processes, and is shear stable, ensuring it maintains performance in high-shear environments.

In January 2025, TIB Chemicals AG, a Germany-based provider of basic chemicals, inorganic specialty chemicals, and coating systems, acquired REAXIS Inc. for an undisclosed amount. With this acquisition, TIB Chemicals aimed to strengthen its global footprint and enhance capabilities in tin-based catalysts and metal-based specialty additives within its broader inorganic chemicals portfolio. REAXIS Inc. is a U.S.-based manufacturer supplying tin catalysts and metal-based specialty additive components widely used in inorganic chemical formulations and industrial processes.

Major companies operating in the other basic inorganic chemical market are Akzo Nobel N.V., Evonik Industries AG, GFS Chemicals Inc., Saudi Basic Industries Corporation (SABIC), China Petroleum & Chemical Corporation (Sinopec), Solvay S.A., Tata Chemicals Limited, Otsuka Chemical Co. Ltd., INEOS Group Limited, Olin Corporation, PQ Corporation, Rhodia S.A., Shin-Etsu Chemical Co. Ltd., Tosoh Corporation, American Elements Corporation, Merck KGaA, Umicore S.A., Lanxess AG, Albemarle Corporation, Cabot Corporation, The Dow Chemical Company, Huntsman Corporation.

Asia-Pacific was the largest region in the other basic inorganic chemical market in 2025. The regions covered in the other basic inorganic chemical market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the other basic inorganic chemical market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The other basic inorganic chemical market consists of sales of sodium nitrate, ammonium chloride, calcium carbide, hydrogen peroxide, aluminum fluoride and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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