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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 Indian chemicals sector has been established since the British occupation. The chemicals sector is an essentiallinchpin of the Indian economy as it produces vital inputs to develop the agricultural and industrial sectors. Today,India is a leading ...
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In Q3 2021, the sales revenue of China’s chemical sector experienced steady growth, driven by the increased market demand and the fast price rise of most chemical products. Besides benefitting from the higher prices—which greatly enhanced ...
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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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