Who is the market leader in chemical industry?
Chemical company Dow was the leader in the ranking of the leading global chemical companies based on net income, generating some 6.4 billion U.S. dollars of net income in 2021.
1. UPL Limited. UPL is engaged in the business of agrochemicals, industrial chemicals, chemical intermediates, specialty chemicals and production and sale of field crops and vegetable seeds.
USA: The United States of America is the world's leading country in the production of chemical products.
Industry Scenario
The agrochemicals market in India is expected to grow at 8% CAGR reaching $4.7 bn by FY25. The specialty chemicals constitute 22% of the total chemicals and petrochemicals market in India. The demand for specialty chemicals is expected to rise at a 12% CAGR in 2019-22.
2020 chemical sales: $67.5 billion. For the second year in a row, BASF leads the Global Top 50 as the world's largest chemical maker.
India's chemical industry ranks as sixth largest in world, and third in Asia. The value of the chemical industry in India was estimated at 100 billion dollars in 2019.
Three broad categories of companies are present in the industry – Multi-National, Indian including the public sector companies and small sector units. There are about 125 technical grade pesticides manufacturers in the country of which about 60 are in the organized sector, and 10 are, multinationals.
Mumbai is famous for petrochemical industry in India. The petro chemical units are also located in Auraiya in Uttar Pradesh, Jamnagar, Gandhinagar and Hajira in Gujarat, Nagothane, Ratnagiri in Maharashtra, Haldia in West Bengal and Vishakhapatnam in Andhra Pradesh.
- Methylene diphenyl diisocyanate: This chemical is typically not produced in India and therefore, needs to be imported. ...
- Cyclic hydrocarbons: This is another chemical that heavily features in the list of chemicals imported in India.
| Rank | Company | Headquarters |
|---|---|---|
| 1 | BASF | Ludwigshafen, Germany |
| 2 | Dow | Midland, Michigan, USA |
| 3 | Sinopec | Beijing, China |
| 4 | Sabic | Riyadh, Saudi Arabia |
Which is the biggest chemical plant in the world?
Ludwigshafen Chemical Complex, Germany – BASF
BASF's Ludwigshafen site covers approximately 10 square kilometres and is the world's largest integrated chemical complex. There are about 200 production plants on the site manufacturing thousands of different products. It is also home to the company's headquarters.
Global leading chemical exporters based on value 2020
China was the world's leading chemical exporting country in 2020, with exports amounting to a value of some 72 billion U.S. dollars. In a distant second place was the United States, with exports amounting to over 45 billion U.S. dollars in value.
BASF India Ltd.
It is the biggest chemical company in the world. BASF India is involved in producing various agriculture-based chemicals, leather chemicals, Styropor, tanning agents, and many other chemicals. They are also involved in the Marketing and selling of these products.
Chemical industry contributes to 3% of GDP and is the third largest in Asia. The dependency on chemical industries in terms of contribution to GDP, establishing large scale and small units in both organic and inorganic sector and use of chemicals by other industries make it a fast growing and diversifying industry.
- Aarti Industries Limited (AIL) Aarti Industries Limited (AIL) is a leading Indian manufacturer of speciality chemicals and pharmaceuticals with a global footprint. ...
- Atul Ltd. ...
- Alkyl Amines Chemicals Ltd (AACL) ...
- Navin Fluorine International Limited. ...
- Vinati Organics Ltd.
| Company | Salary for Chemical Engineer |
|---|---|
| Boeing | $105,952 |
| Westlake Chemical | $104,263 |
| Eastman | $93,904 |
| Honeywell | $92,953 |
14,000 chemical companies. 20,000 chemical manufacturing sites. 21,500 unique chemical products, extensively cross-referenced.
Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies in the world.
Within the specialty chemical segments in India, agrochemicals, surfactants, specialty polymers and textile chemicals and dyes are among the top segments expected to maintain their relative leadership and further grow in line with market demand.
Where was the first chemical industry established in India?
The development of the chemical industry in India can be traced to the indigenous efforts of P. C. Ray, a professor of chemistry at Calcutta Univ. Ray established the pharmaceutical company Bengal Chemicals and Pharmaceutical Works in 1892; it was incorporated nine years later.
1 Answer. The chemical industry in India is fast growing and diversified can be explained by the following points these are as follows : (i) Chemical industry contributes to 6% of GDP and is the third largest in Asia. (ii) It includes large and small scale units in both organic and inorganic sector.
Growing
* The domestic chemicals sector's small and medium enterprises are expected to showcase 18-23% revenue growth in FY22, owing to an improvement in domestic demand and higher realisation due to high prices of chemicals.
Sulfuric acid is the most commonly-produced industrial chemical in the world. Its primary industrial use is to make phosphoric acid which is a main ingredient in most chemical fertilizers.
BASF India Ltd.
It is the biggest chemical company in the world. BASF India is involved in producing various agriculture-based chemicals, leather chemicals, Styropor, tanning agents, and many other chemicals. They are also involved in the Marketing and selling of these products.
