The Other Basic Inorganic Chemical Global Market Report 2023, provides comprehensive information on the other basic inorganic chemical market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Other Basic Inorganic Chemical Market’s Growth:
As per The Business Research Company’s Other Basic Inorganic Chemical Global Market Report 2023, the market size is expected to grow from $190.49 billion in 2022 to $206.19 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global other basic inorganic chemical market is expected to reach $273.47 billion in 2027 at a CAGR of 7.3%.
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Expansion of production plants with advance technology has emerged as a key trend gaining popularity in the other basic inorganic chemical market. Major companies operating in the market are focused on introducing new sulfuric acid plants with the help of new technologies to sustain their position in the market. For instance, in October 2022, Andritz AG, an Austria-based technology group, made the world’s first sulfuric acid plant for Klabin’s Ortigueira mill in Brazil. The plant can produce 150 metric tonnes of commercial-grade (>98%) sulfuric acid daily from concentrated odorous vapors and elemental sulphur. This plant’s technology is based on Andritz’s self-created A-Recovery+ idea, enabling pulp mills to extract side streams from the pulping process and transform them into commercial goods and commodities. The facility is part of Andritz’s CircleToZero product line, which aims to remove waste byproducts, create new goods with added value, and set the framework for zero-emissions, zero-waste production.
The other basic inorganic chemical market is segmented:
1) By Product Type: Basic Inorganic Chemicals, Alkali Chemicals
2) By Application: Concentrators, Separators, Condensers, Vaporizers, Reactor vessels, Other Applications
3) By Industry: Food Industry, Pharmaceuticals, Personal Care, Agriculture, Other Industries
Asia-Pacific was the largest region in the other basic inorganic chemical market in 2022.
The table of contents in TBRC’s other basic inorganic chemical market report includes:
1. Executive Summary
2. Other Basic Inorganic Chemical Market Characteristics
3. Other Basic Inorganic Chemical Market Trends And Strategies
4. Other Basic Inorganic Chemical Market – Macro Economic Scenario
5. Other Basic Inorganic Chemical Market Size And Growth
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26. Africa Other Basic Inorganic Chemical Market
27. Other Basic Inorganic Chemical Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Other Basic Inorganic Chemical Market
29. Other Basic Inorganic Chemical Market Future Outlook and Potential Analysis\
30. Appendix
Top Major Players:
- Akzo Nobel N.V.
- LyondellBasell Industries Holdings
- Bayer AG
- Evonik Industries AG
- Mitsubishi Chemicals Corp
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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