Global Chemicals - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-03 11:47:01
The chemicals market consists of speciality chemicals, commodity chemicals, agricultural chemicals, and other chemicals (which includes products such as pharmaceutical chemicals). Market values are taken at producer selling price (PSP). Any currency conversions used in the creation of this report have been calculated using constant 2012 annual average exchange rates.
The global chemicals market had total revenues of $3,619.8bn in 2012, representing a compound annual growth rate (CAGR) of 6.8% between 2008 and 2012.
The commodity chemicals segment was the market´s most lucrative in 2012, with total revenues of $1,719.2bn, equivalent to 47.5% of the market´s overall value.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 7.3% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $5,145.5bn by the end of 2017.
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