Australia Chemicals Market Summary, Competitive Analysis and Forecast to 2028

Key Highlights

• The chemicals market is categorized into commodity chemicals, specialty chemicals, agriculture chemicals, and other. Market values are taken as the country's consumption of chemical products at producer selling price (PSP).
• The Australian chemicals market had total revenues of $19.4 billion in 2023, representing a compound annual growth rate (CAGR) of 6% between 2018 and 2023.
• The commodity chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $13.1 billion, equivalent to 67.9% of the market's overall value.
• The Australian chemicals market is impacted by macroeconomic factors such as GDP growth, inflation rates, energy costs, technological advancement, and industrial production. According to the Australian Bureau of Statistics (ABS), the output prices of manufacturing industries rose by 0.3% in December 2023 thereby creating demand for the chemicals market.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in Australia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in Australia
• Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Australia chemicals market with five year forecasts

Reasons to Buy

• What was the size of the Australia chemicals market by value in 2023?
• What will be the size of the Australia chemicals market in 2028?
• What factors are affecting the strength of competition in the Australia chemicals market?
• How has the market performed over the last five years?
• What are the main segments that make up Australia's chemicals market?