Asia-Pacific (APAC) Chemicals Market Summary, Competitive Analysis and Forecast to 2028

April 2024 | 51 pages | ID: A6C5540824D7EN
MarketLine

Abstracts

Asia-Pacific (APAC) Chemicals Market Summary, Competitive Analysis and Forecast to 2028

Summary

Chemicals in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 Asia-Pacific chemicals market had total revenues of $3,464 billion in 2023, representing a compound annual growth rate (CAGR) of 6.3% between 2018 and 2023.
• The commodity chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $1,847.5 billion, equivalent to 53.3% of the market's overall value.
• Asia-Pacific accounted for the largest share with 64.9% of the global chemical market in 2023, followed by Europe and the US. In the Asia-Pacific region, China accounted for the largest share with 75.3% of the chemical market in 2023, followed by Japan.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in Asia-Pacific
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in Asia-Pacific
• 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 Asia-Pacific chemicals market with five year forecasts by both value and volume

Reasons to Buy

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

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What are the strengths and strategies of the players?
7.3. What are the recent developments of the players?

8 COMPANY PROFILES

8.1. BASF SE
8.2. China Petroleum & Chemical Corp
8.3. Mitsubishi Chemical Group Corporation
8.4. Mitsui Chemicals, Inc.

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Asia-Pacific chemicals market value: $ billion, 2018-23
Table 2: Asia-Pacific chemicals market category segmentation: % share, by value, 2018-2023
Table 3: Asia-Pacific chemicals market category segmentation: $ billion, 2018-2023
Table 4: Asia-Pacific chemicals market geography segmentation: $ billion, 2023
Table 5: Asia-Pacific chemicals market value forecast: $ billion, 2023-28
Table 6: BASF SE: key facts
Table 7: BASF SE: Annual Financial Ratios
Table 8: BASF SE: Key Employees
Table 9: China Petroleum & Chemical Corp: key facts
Table 10: China Petroleum & Chemical Corp: Annual Financial Ratios
Table 11: China Petroleum & Chemical Corp: Key Employees
Table 12: Mitsubishi Chemical Group Corporation: key facts
Table 13: Mitsubishi Chemical Group Corporation: Annual Financial Ratios
Table 14: Mitsubishi Chemical Group Corporation: Key Employees
Table 15: Mitsubishi Chemical Group Corporation: Key Employees Continued
Table 16: Mitsubishi Chemical Group Corporation: Key Employees Continued
Table 17: Mitsui Chemicals, Inc.: key facts
Table 18: Mitsui Chemicals, Inc.: Annual Financial Ratios
Table 19: Mitsui Chemicals, Inc.: Key Employees
Table 20: Mitsui Chemicals, Inc.: Key Employees Continued
Table 21: Mitsui Chemicals, Inc.: Key Employees Continued
Table 22: Asia-Pacific exchange rate, 2019-23

List Of Figures

LIST OF FIGURES

Figure 1: Asia-Pacific chemicals market value: $ billion, 2018-23
Figure 2: Asia-Pacific chemicals market category segmentation: $ billion, 2018-2023
Figure 3: Asia-Pacific chemicals market geography segmentation: % share, by value, 2023
Figure 4: Asia-Pacific chemicals market value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the chemicals market in Asia-Pacific, 2023
Figure 6: Drivers of buyer power in the chemicals market in Asia-Pacific, 2023
Figure 7: Drivers of supplier power in the chemicals market in Asia-Pacific, 2023
Figure 8: Factors influencing the likelihood of new entrants in the chemicals market in Asia-Pacific, 2023
Figure 9: Factors influencing the threat of substitutes in the chemicals market in Asia-Pacific, 2023
Figure 10: Drivers of degree of rivalry in the chemicals market in Asia-Pacific, 2023