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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.
The chemicals industry is a major contributor to the Malaysian economy, with petrochemicals and oleochemicals as its principal products. Availability of feedstock and resources, supportive government policies for investors, and a conducive ...
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In the second quarter of 2020, the performance of China’s chemical sector improved under the influence of multiple favourable factors such as the reduction of cost pressure, recovery of market demand, and the effect of relevant ...
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In the first quarter of 2020, the chemical sector in China was seriously affected by the spreading coronavirus outbreak, which in March 2020 was officially confirmed as a pandemic. It led to highly volatile global economic and financial conditions. ...
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Brazil ranks among the leading global chemical markets, accounting for 2.6% of the industry’s total net sales in 2018 and ranking sixth in the world. In 2019, sectoral turnover fell by 4.2% y/y to USD 118.7bn, as the local economy posted its ...
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In the fourth quarter of 2019, China’s chemical sector’s value added of industry (VAI) rose by 6.2% y/y, 3.5 pp faster than in the same period of 2018. During both Q3 and Q4 2019, China’s economy expanded by a record low of 6% y/y, ...
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Brazil is the world’s second largest producer of ethanol and biodiesel after the US, and a pioneer developing biofuels as an economically viable alternative to fossil fuels since the introduction of flex-fuel (dual-fuel) vehicles in the country ...
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Poland has a developed and diversified chemical industry, which was the eighth-largest one in the EU in 2018. The country is also the home of one of the leading producers of fertilisers, plasticisers, polyeolfins, polystyrene and soda in Europe, ...
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India’s chemicals industry is highly diversified, covering more than 80,000 commercial products. It is broadly classified into basic chemicals, specialty chemicals and agrochemicals. Domestic chemical production is highly concentrated in the ...
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The chemical sector is one of the key pillars of the Chinese economy. It comprises five major subsectors – agricultural chemicals, basic chemicals, synthetic materials, paints and coatings, and special purpose chemicals. Over the past two ...
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