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Chemicals and materials
The Chemicals industry plays a fundamental role in the modern economy by transforming raw inputs into more than 70,000 products for intermediate or final consumption. As an enabling industry, it stands at the beginning of the value chains of numerous sectors, such as agriculture, food & beverages, consumer goods, construction and pharmaceuticals. It also plays a vital role in promoting human and economic development, improving food security and public health, and ensuring the sustainable use of natural resources.
Activities associated with Chemicals are manufacturing of petroleum and coal products, basic chemicals, resins, polymers and speciality chemicals, industrial gases, fertilisers, paints and coatings, adhesives, plastics and rubber products. A number of consumer goods are also included, such as pharmaceuticals, hygiene and personal care products, cleaning compounds and toiletries.
In Q1 2021, China’s chemical sector presented superb performance, significantly expanding both demand and supply. On the demand side, the sales revenue of the sector ascended by 39.7% y/y to RMB 1,761bn. Compared to Q1 2019 (before ...
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In Q1 2021, China’s chemical sector presented superb performance, significantly expanding both demand and supply. On the demand side, the sales revenue of the sector ascended by 39.7% y/y to RMB 1,761bn. Compared to Q1 2019 (before ...
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Brazil has been a pioneer in developing biofuels as an economically viable alternative to fossil fuels since the introduction of flex-fuel (dual-fuel) vehicles in the country in 2003. Ethanol in the country is produced mainly from sugarcane ...
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Poland’s chemical sector is important both domestically and internationally. In 2019, it was the eighth biggest market in terms of chemicals sales in the EU. It is also an important producer, primarily due to a few large domestic ...
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Malaysia has a varied chemicals sector with a significant role in the ASEAN region. Malaysia is one of the region’s most substantial petrochemicals and exporters, thanks to the country’s sizable crude oil and natural gas reserves ...
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Accounting for 3.3% of total global chemical sector revenues, Brazil was the sixth largest global chemical market in 2019. Throughout the year, the Brazilian chemical market grew its share in the global chemical sector’s revenues by 0 ...
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India is one of the world’s most significant producers and exporters of chemicals. However, the chemicals sector still has considerable room for growth. The chemicals consumption per capita in India remains low compared with most. ...
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To satisfy its growing demand for crops and other agricultural products, China, the world’s most populous country and second biggest economy, needs fertilisers to improve its food supply and demand balance. China uses about 80% of its ...
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In the third quarter of 2020, the performance of China’s chemical sector continued to improve, supported by increased downstream demand from many sectors and the reduction of cost pressure as a result of ...
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