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 the second quarter of 2018 the revenue of China’s rubber products sector contracted by 24.7% y/y to RMB 220.3bn, as a result of the decline in production and sales volumes. In this period, the sales revenue of the largest subsector – ...READ MORE
China is the world's most populous country and the largest producer and consumer of fertilisers. The country consumes more than a third of the world’s fertilisers, which is equivalent to the combined consumption of the US and India. The country ...READ MORE
China’s rubber products sector witnessed a 21.5% y/y decline in sales to RMB 198bn in the first quarter of 2018 on the back of falling production. Sales of the largest subsector – tyres – shrank by 22.4% y/y to RMB 107.8bn, while ...READ MORE
During the first two months of the fourth quarter of 2017 the revenue of China’s rubber products sector contracted by 25.7% y/y to RMB 133.5bn. The declining price of raw rubber impacted the prices of rubber products as a whole. In ...READ MORE
The chemical manufacturing sector is among the fastest growing segments of the Chinese industry. Over the past ten years, the gross value added (GVA) of the sector has been increasing by 12.7% per year on average, far above the overall ...READ MORE
With estimated net revenues of USD 119.6bn in 2017, Brazil’s chemical sector was the eighth largest in the world and the leader in Latin America. Compared to 2016, the industry’s turnover rose by 9.5% y/y, as the uptick in ...READ MORE
India has one of the largest chemical sectors in the world by production volumes, and growth is expected to accelerate given the country’s increasing development. The chemicals sector plays an important role in the Indian economy, ...READ MORE
Brazil is among the global leaders in renewable energy and a pioneer in developing biofuels as an economically viable alternative to fossil fuels. Notably, in 2016, 26.8% of the fuels consumed in the country were renewable. The main ...READ MORE
In the first two months of the second quarter of 2017 the revenue of China’s rubber products sector increased by 7.5% y/y to RMB 186.9bn. The prices of rubber products remained high, supported by the strong demand for PCR and heavy truck tyres ...READ MORE
The development of China’s automotive, construction, medical, and footwear industries has been the major driver for rubber demand. The sector’s leading products are tyres, which accounted for more than half of the revenue in 2015 and 68% ...READ MORE