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Chemicals Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global chemicals market as it emerges from the COVID-19 shut down.
Major companies in the chemicals market include China Petroleum & Chemical Corporation (Sinopec); BASF SE; Bayer AG; Dow Chemical and LyondellBasell Industries.
The global chemicals market is expected to grow from $3340.32 billion in 2020 to $3728.43 billion in 2021 at a compound annual growth rate (CAGR) of 11.6%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4304.71 billion in