+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Basic Chemicals Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030- Product Image
Basic Chemicals Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030- Product Image
New

Basic Chemicals Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030

  • PDF Icon

    Report

  • 185 Pages
  • November 2025
  • Region: Global
  • TechSci Research
  • ID: 5941597
Free Webex Call
10% Free customization
Description Jump to:

Chemical Industry is the fastest growing segment, Asia-Pacific is the largest market globally

Free Webex Call

Speak directly to the analyst to clarify any post sales queries you may have.

 10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Global Basic Chemicals Market, valued at USD 696.88 Billion in 2024, is projected to experience a CAGR of 4.86% to reach USD 926.40 Billion by 2030. Basic chemicals are fundamental industrial compounds produced in substantial quantities, serving as essential raw materials or intermediates across numerous manufacturing sectors and for consumer goods. The market's growth is primarily driven by escalating demand from diverse end-use industries, including the expanding construction sector and the pharmaceutical industry, alongside increasing requirements for personal care products and a wide array of consumer goods. Industrialization and global economic expansion further underpin this trajectory, creating consistent demand for these foundational chemical products.

Key Market Drivers

The expansion of the Global Basic Chemicals Market is significantly propelled by the expanding demand emanating from core end-use industries. Basic chemicals serve as indispensable raw materials across a wide array of sectors, including construction, automotive, and packaging, which continually require foundational compounds for their manufacturing processes. For example, according to the International Energy Agency, in 2024, global petrochemical demand reached 330 million tons, marking a 4.2% increase from the prior year, illustrating the robust and growing need for these fundamental chemical inputs.

Key Market Challenges

Persistent overcapacity in specific segments presents a substantial impediment to the growth of the global basic chemicals market. This imbalance, where production capabilities routinely exceed actual market demand, directly fosters intense price competition among manufacturers. Such conditions inevitably lead to suppressed selling prices and subsequently erode profit margins for producers across the value chain. Reduced profitability then deters crucial investments in new technologies, plant upgrades, and sustainable production methods, thereby constraining market innovation and efficiency improvements.

Key Market Trends

The transition to green chemistry and renewable feedstock adoption fundamentally reshapes how basic chemicals are produced, emphasizing environmental responsibility and resource circularity. This involves minimizing hazardous substances, optimizing energy use, and integrating bio-based or recycled materials into manufacturing processes. According to the American Chemistry Council, in a September 2023 survey, members reported that 25% of their capital budgets were allocated to sustainable manufacturing, reflecting a substantial commitment to greener practices. A tangible example of this trend includes LyondellBasell, which, according to its 2024 sustainability report released in April 2025, increased its sales volumes of recycled and renewable-based polymers by 65% to over 200,000 metric tons in 2024, demonstrating a clear move towards circular solutions within the polymers segment of basic chemicals.

Key Market Players Profiled:

  • Borealis AG
  • BASF SE
  • Eastman Chemical Company
  • Ineos Group Ltd
  • Tokyo Chemical Industry (India) Pvt. Ltd.
  • Mitsubishi Chemical Group Corporation
  • Solvay SA
  • Shin-Etsu Chemical Co. Ltd.
  • Sumitomo Chemical Co. Ltd.
  • LyondellBasell Industries Holdings B.V.

Report Scope:

In this report, the Global Basic Chemicals Market has been segmented into the following categories:

By Type:

  • Organic Ammonia
  • Chlorine
  • Sodium Hydroxide
  • Inorganic Benzene
  • Ethylene
  • Propylene
  • Others

By End User:

  • Chemical Industry
  • Pharmaceuticals
  • Food & Beverages
  • Polymer
  • Pulp & Paper
  • Textiles
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Basic Chemicals Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report:
  • Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.

Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Basic Chemicals Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Organic Ammonia, Chlorine, Sodium Hydroxide, Inorganic Benzene, Ethylene, Propylene, Others)
5.2.2. By End User (Chemical Industry, Pharmaceuticals, Food & Beverages, Polymer, Pulp & Paper, Textiles, Others)
5.2.3. By Region
5.2.4. By Company (2024)
5.3. Market Map
6. North America Basic Chemicals Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By End User
6.2.3. By Country
6.3. North America: Country Analysis
6.3.1. United States Basic Chemicals Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By End User
6.3.2. Canada Basic Chemicals Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By End User
6.3.3. Mexico Basic Chemicals Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By End User
7. Europe Basic Chemicals Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By End User
7.2.3. By Country
7.3. Europe: Country Analysis
7.3.1. Germany Basic Chemicals Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By End User
7.3.2. France Basic Chemicals Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By End User
7.3.3. United Kingdom Basic Chemicals Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By End User
7.3.4. Italy Basic Chemicals Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By End User
7.3.5. Spain Basic Chemicals Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By End User
8. Asia Pacific Basic Chemicals Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By End User
8.2.3. By Country
8.3. Asia Pacific: Country Analysis
8.3.1. China Basic Chemicals Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By End User
8.3.2. India Basic Chemicals Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By End User
8.3.3. Japan Basic Chemicals Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By End User
8.3.4. South Korea Basic Chemicals Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By End User
8.3.5. Australia Basic Chemicals Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By End User
9. Middle East & Africa Basic Chemicals Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By End User
9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
9.3.1. Saudi Arabia Basic Chemicals Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By End User
9.3.2. UAE Basic Chemicals Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By End User
9.3.3. South Africa Basic Chemicals Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By End User
10. South America Basic Chemicals Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By End User
10.2.3. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Basic Chemicals Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By End User
10.3.2. Colombia Basic Chemicals Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By End User
10.3.3. Argentina Basic Chemicals Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By End User
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments
13. Global Basic Chemicals Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Borealis AG
15.1.1. Business Overview
15.1.2. Products & Services
15.1.3. Recent Developments
15.1.4. Key Personnel
15.1.5. SWOT Analysis
15.2. BASF SE
15.3. Eastman Chemical Company
15.4. Ineos Group Ltd
15.5. Tokyo Chemical Industry (India) Pvt. Ltd.
15.6. Mitsubishi Chemical Group Corporation
15.7. Solvay SA
15.8. Shin-Etsu Chemical Co. Ltd.
15.9. Sumitomo Chemical Co. Ltd.
15.10. LyondellBasell Industries Holdings B.V.
16. Strategic Recommendations17. About the Publisher & Disclaimer

Companies Mentioned

  • Borealis AG
  • BASF SE
  • Eastman Chemical Company
  • Ineos Group Ltd
  • Tokyo Chemical Industry (India) Pvt. Ltd.
  • Mitsubishi Chemical Group Corporation
  • Solvay SA
  • Shin-Etsu Chemical Co. Ltd.
  • Sumitomo Chemical Co. Ltd.
  • LyondellBasell Industries Holdings B.V.

Table Information

Report AttributeDetails
No. of Pages185
PublishedNovember 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 696.88 Billion
Forecasted Market Value ( USD ) by 2030 $ 926.4 Billion
Compound Annual Growth Rate4.8%
Regions CoveredGlobal
No. of Companies Mentioned10

Related Topics

Related Reports

Basic Chemicals Global Market Report 2025 - Product Image

Basic Chemicals Global Market Report 2025

  • Report
  • 250 Pages
  • Global
From
Basic Chemicals Market Outlook 2025-2034: Market Share, and Growth Analysis - Product Image

Basic Chemicals Market Outlook 2025-2034: Market Share, and Growth Analysis

  • Report
  • 160 Pages
  • Global
From
Basic Chemicals Market - Global Forecast 2025-2032 - Product Image

Basic Chemicals Market - Global Forecast 2025-2032

  • Report
  • 184 Pages
  • Global
From
Global Basic Chemical Trade - Prices, Imports, Exports, Tariffs, and Market Opportunities - Product Image

Global Basic Chemical Trade - Prices, Imports, Exports, Tariffs, and Market Opportunities

  • Report
  • Global
From
Acetyls Market Report and Forecast 2025-2034 - Product Image

Acetyls Market Report and Forecast 2025-2034

  • Report
  • 155 Pages
  • Global
From
Copyright © 2002-2025 Research and Markets. All Rights Reserved.