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.
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, ...View more details
In the fourth quarter of 2019, China’s production volume of active pharmaceutical ingredients (API) declined by 12.7% y/y to 633,000 tonnes, mainly due to the environment-driven production cuts. The decline in output dragged down the ...View more details
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 ...View more details
Due to a growing and ageing population, and an increasing incidence of non-communicable diseases, Brazil became the seventh largest pharmaceutical market in the world in 2018. During the year, retail drug sales, based on pharmacy purchase price (PPP) ...View more details
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 ...View more details
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 ...View more details
In the third quarter of 2019, China’s pharmaceutical production volume declined by 47% y/y to 304,000 tonnes, while the sales of pharmaceuticals dropped by 44.2% y/y to 322,700 tonnes. The centralised drug procurement scheme which had been ...View more details
China is the world’s second largest pharmaceutical market after the US and the largest producer and exporter of active pharmaceutical ingredients (APIs) globally. Since it is the world’s most populous country, with a large share of ageing ...View more details
In the first quarter of 2019, China’s pharmaceutical and medicine production declined by 7.2% y/y to 720,000 tonnes, while the sales of pharmaceuticals went down by 3.4% y/y to 700,460 tonnes. The decline in output can be linked to the ...View more details
The changing demographic and disease profiles of Hungary were the drivers of the expansion of health expenditure in recent years. As a result, the country spent 7.4% of its GDP on healthcare in 2016, still below the EU average. The government ...View more details