Chemical Industry - Companies in The 21st Century

Companies in The 21st Century

The chemical industry includes large, medium, and small companies located worldwide. Companies with sales of chemical products greater than $10 billion dollars in fiscal year 2007 appear listed below. For some of these companies the chemical sales might represent only a portion of their total sales; (for example ExxonMobil's chemical sales covered only 8.7 percent of their total sales in 2005).

COMPANY, HEADQUARTERS 2007 Chemical Sales, billions Rank Country
BASF SE, Ludwigshafen, Germany $65.3 1
Dow Chemical, Midland, Michigan, United States $53.5 2
INEOS, Lyndhurst, UK $43.6 3
LyondellBasell, Houston, Texas, United States $42.8 4
Formosa Plastics, Taiwan $31.9 5
DuPont, Wilmington, Delaware, United States $28.5 6
Saudi Basic Industries Corporation, Riyadh, Saudi Arabia $26.4 7
Bayer, AG, Leverkusen, Germany $24.2 8
Mitsubishi Chemical, Tokyo, Japan $22.2 9
Akzo Nobel/Imperial Chemical Industries(ICI), Amsterdam/London $19.9 10
Air Liquide, Paris, France $16.3 11
Sumitomo Chemical, Tokyo, Japan $15.2 12
Evonik Industries, AG, Essen, Germany $15.0 13
Mitsui Chemicals, Tokyo, Japan $14.3 14
Asahi Kasei, Tokyo, Japan $13.8 15
Toray Industries, Tokyo, Japan $13.1 16
Chevron Phillips, The Woodlands, Texas, United States $12.5 17
DSM NV, Heerlen, Netherlands $12.1 18
PPG Industries, Pittsburgh, Pennsylvania, United States $11.2 19
Shin-Etsu Chemical Co., Ltd., Tokyo, Japan $11.1 20

Just as companies emerge as the main producers of the chemical industry, we can also look on a more global scale to how industrialized countries rank, with regards to the billions of dollars worth of production a country or region could export. Though the business of chemistry is worldwide in scope, the bulk of the world’s $3.7 trillion chemical output is accounted for by only a handful of industrialized nations. The United States alone produced $689 billion, 18.6 percent of the total world chemical output in 2008.

Global Chemical Shipments by Country/Region (billions of dollars) 1998 1999 2000 2001 2002 2003 2004 2005 2006 2008 2009
United States of America 416.7 420.3 449.2 438.4 462.5 487.7 540.9 610.9 657.7 664.1 689.3
Canada 21.1 21.8 25.0 24.8 25.8 30.5 36.2 40.2 43.7 45.4 47.4
Mexico 19.1 21.0 23.8 24.4 24.3 23.5 25.6 29.2 32.0 33.4 37.8
North America 456.9 463.1 498.0 487.6 512.6 541.7 602.7 680.3 733.4 742.8 774.6
Brazil 46.5 40.0 45.7 41.5 39.6 47.4 60.2 71.1 82.8 96.4 126.7
Other 59.2 58.1 60.8 63.4 58.6 62.9 69.9 77.2 84.6 89.5 102.1
Latin America 105.7 98.1 106.5 104.9 98.2 110.3 130.0 148.3 167.4 185.9 228.8
France 79.1 78.5 76.5 76.8 80.5 99.6 111.1 117.5 121.3 138.4 158.9
Germany 124.9 123.2 118.9 116.1 120.1 148.1 168.6 178.6 192.5 229.5 263.2
Italy 63.9 64.6 59.5 58.6 64.5 75.8 86.6 89.8 95.3 105.9 122.9
United Kingdom 70.3 70.1 66.8 66.4 69.9 77.3 91.3 95.2 107.8 118.2 123.4
Belgium 27.1 27.0 27.5 27.1 28.7 36.1 41.8 43.5 46.9 51.6 62.6
Ireland 16.9 20.1 22.6 22.9 29.1 32.3 33.9 34.9 37.5 46.0 54.8
Netherlands 29.7 29.4 31.3 30.6 32.2 40.1 49.0 52.7 59.2 67.9 81.7
Spain 31.0 30.8 30.8 31.9 33.4 42.0 48.9 52.7 56.7 63.7 74.8
Sweden 11.1 11.4 11.2 11.0 12.5 15.9 18.2 19.3 21.2 21.2 22.6
Switzerland 22.1 22.2 19.4 21.1 25.5 30.3 33.8 35.4 37.8 42.7 53.1
Other 27.1 26.8 25.9 26.4 27.9 33.5 38.6 42.9 46.2 50.3 58.9
Western Europe 503.1 504.0 490.4 488.8 524.4 630.9 721.9 762.7 822.4 935.4 1,076.8
Russia 23.8 24.6 27.4 29.1 30.3 33.4 37.5 40.9 53.1 63.0 77.6
Other 22.3 20.3 21.9 23.4 25.3 31.4 39.6 46.2 55.0 68.4 87.5
Central/Eastern Europe 46.1 44.9 49.3 52.5 55.6 64.8 77.1 87.1 108.0 131.3 165.1
Africa & Middle East 52.7 53.2 59.2 57.4 60.4 73.0 86.4 99.3 109.6 124.2 160.4
Japan 193.8 220.4 239.7 208.3 197.2 218.8 243.6 251.3 248.5 245.4 298.0
Asia-Pacific excluding Japan 215.2 241.9 276.1 271.5 300.5 369.1 463.9 567.5 668.8 795.5 993.2
China 80.9 87.8 103.6 111.0 126.5 159.9 205.0 269.0 331.4 406.4 549.4
India 30.7 35.3 35.3 32.5 33.5 40.8 53.3 63.6 72.5 91.1 98.2
Australia 11.3 12.1 11.2 10.8 11.3 14.9 17.0 18.7 19.1 22.8 27.1
Korea 39.3 45.5 56.3 50.4 54.9 64.4 78.7 91.9 103.4 116.7 133.2
Singapore 6.3 8.5 9.5 9.4 12.5 16.1 20.0 22.0 25.8 28.9 31.6
Taiwan 21.9 23.7 29.2 26.8 28.4 34.3 44.5 49.5 53.8 57.4 62.9
Other Asia/Pacific 24.8 29.1 30.9 30.8 33.3 38.8 45.5 52.9 62.9 72.2 90.8
Asia/Pacific 409.0 462.3 515.7 479.7 497.7 587.8 707.5 818.8 917.3 1041.0 1291.2
Total world shipments 1573.5 1625.5 1719.0 1670.9 1748.8 2008.5 2325.6 2596.4 2858.1 3160.7 3696.8

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