Bulk Chemicals

Bulk chemicals, commonly known as commodity chemicals are produced in a larger quantities to meet ever-growing demand across various industries.Bulk chemicals are manufactured using batch process and continuous process. Large volumes of raw materials such as crude oil and natural gas are used in production of bulk chemicals. The bulk chemicals or commodity chemicals are traded as organic chemicals and inorganic chemicals.The bulk chemicals market is highly fragmented, with a large number of large global players and small regional players. Asia Pacific is the largest market for bulk chemicals,spearheaded by China, India, and Japan Bulk chemicals find wide application across industries such as agriculture, construction, and automobile. Burgeoning growth of these industries in highly populous emerging economies of India and China, along with rampant economic growth in these countries is expected to fuel growth of the global bulk chemicals market in the foreseeable future.

Bulk chemicals or commodity chemicals are used in healthcare, food processing, chemicals, fertilizer, construction, and automobiles industries, among others. Price instability of crude and natural gas due to technology shifting towards renewable energy and disparity in supply and demand are expected key challenges for growth of the global bulk chemicals market. Integration of advanced automation systems such as SCADA, DCS, PLC, among others would help significantly increase production, without a major spike in additional costs. This is projected to create a highly lucrative growth opportunity for players in the market.

Rising demand for chemicals in the construction industry across the globe is projected to be a key driver for the bulk chemicals market. Moreover, increasing crude oil production and consequent decrease in prices of the same, is expected to augment market growth. Growing GDP and rapid urbanization in Asia Pacific, primarily in China, Japan and India, in turn creates a highly conducive environment for market growth. Furthermore, increasing government investment in infrastructure development, especially in India and China propels growth in demand for bulk chemicals. According to India Brand Equity Foundation (IBEF)—part of Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian government plans to invest US$ 376.53 billion in infrastructure development through 2020.Moreover, the Indian government plans to establish special economic zones (SEZs) in the port-based chemical parks across the country. The market in Middle East countries,mainly Saudi Arabia, UAE, Iran, and Iraq is also growing due to large petroleum reserves and high production in these countries. The UAE is primarily focused in improved and modern infrastructure development to boost tourism across the region. The region also witnesses major investment in the manufacturing units of bulk chemicals by global players such as SABIC, The Dow Chemical Company, and BASF SE. Thus, this region is positioned as a key exporter of bulk chemicals to other regions.

Bulk Chemicals Challenges – Reduce Environmental Impact

Effective and eco-friendly mode of waste disposal is a key challenge faced by chemicals manufacturing companies. All waste water, gases, and semi-solid waste can only be disposed to the environment after undergoing a series of treatments. The Ministry of Environment and Forest (MoEF) of India, on December 23, 2010, implemented water prevention and control pollution act 1974 and air prevention and control pollution act 1981. This lays out a stringent regulatory framework for manufacturers and users regarding production, import, export, and storage of hazardous chemicals. This significantly increases costs associated with production, which in turn affects profitability of manufacturers in this highly competitive market, in turn inhibiting market growth.

Decentralized production of bulk chemicals is an opportunity for players to enter into local markets. Such production of bulk chemicals in small quantities would utilize local resources and translate into low operating costs and cheap labor, especially in emerging economies of Asia Pacific and Latin America, in turn increasing profit margins. Also, proximity to end users decreases time-to-market and significantly reduces cost involved in handling and transportation—a crucial factor for hazardous chemicals.Forward integration by bulk chemical manufacturers is another lucrative growth opportunity for players in this market. 

Bulk Chemicals– Regulatory Scenario:

  • United States Environmental Protection Agency
  • The Frank R. Lautenberg Chemical Safety for the 21stCentury Act, on December 17, 2015.
  • The Toxic Substances Control Act (TSCA) Modernization Act of 2015, on June 23, 2015
  • Registration, Evaluation and Authorization and Restriction of Chemicals (REACH) and Classification, Labelling and Packaging (CPL) regulations
  • Regulations regarding fertilizer production
  • Regulations regarding detergents production
  • Regulation regarding explosive production
  • Regulation regarding drug precursors production
  • Resource Conservation and Recovery Act (RCRA)
  • Chemical Waste Disposal Law Govern by U.S.Environmental Protection Agency

Bulk Chemicals – Key Global Conferences:

  • Strategic Approach to International Chemicals Management (SAICM)
  • In Dubai, government, intergovernmental and non-governmental organization held an International conference on chemicals management, on February 4th to 6th, 2006.
  • Summit Meeting on Chemical Regulations (SMCR) in Asia Pacific in 2011
  • Transparency in sharing of regulatory updates and enforcement measures, to provide and promote safety and sustainability of chemical industry in the Asia Pacific region.

Key players in the bulk chemicals market include BASF-SE, The Dow Chemical Company, Sinopec, SABIC, ExxonMobil, Formosa Plastics, Lyondel Basell Industry, DuPont, Ineos, Bayer, Mitsubishi Chemicals, Royal Dutch Shell, LG Chem Ltd., Braskem, Air liquid, Akzo Nobel, The Linde Group, Sumitomo Chemicals, Mitsui Chemicals,Evonik Industries. In recent times, the market has witnessed a trend of consolidation through strategic mergers and acquisitions. For instance, in March, 2017, the European Union approved the proposed merger of Dow Chemical and DuPont as part of a US$ 62 billion deal. The companies would subsequently break into three separate publicly traded companies that would focus on agriculture, material science, and specialty chemicals...

Coherent Market Insights
Phenoxyethanol Market Report, by Application (Home & Personal Care, Pharmaceuticals, Dyes & Inks, Paint & Coatings, and Others) and by Region (North America, South America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Published Date : Jun 2019

­­­Global Phenoxyethanol Market – Insights Phenoxyethanol is also known as glycol ether or phenol ether. In fragrances, perfumes, cleansers, and soaps, phenoxyethanol is used as stabilizer,

Coherent Market Insights
Soy Oil & Palm Oil Market, by Source (Organic and Conventional), by Product type (Palm Oil, Palm Kernel Oil, Soy Oil, and Refined Oil), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Published Date : Jan 2019

­­­Global Soy Oil & Palm Oil Market – Insights Soy oil or soybean oil is a vegetable oil extracted from the seeds of the soybean. It is one of the most widely consumed cooking oils accou

Coherent Market Insights
Propylene Market Report by Derivative (Polypropylene, Propylene oxide, Cumene, Acrylonitrile, Alcohols, Acrylates, and Others), by End-Use Industry (Automotive, Construction, Textiles, Packaging, and Others) - Size, Share, trends, and Forecast to 2025

Published Date : Jul 2018

Global Propylene Market – Market Insights Propylene belongs to the alkene class with three double bonded carbon atoms. It is the second highest used petrochemical after ethylene. Propylene or Propene is

Coherent Market Insights
Linear Alkylbenzene Sulfonate (LAS) Market, by Application (Household Detergents and Cleaners, Dish Washing Liquids, Personal Care Products, Industrial Cleaners, and Others), and by Region - Global Trends, and Forecast till 2025

Published Date : Feb 2018

Linear Alkylbenzene Sulfonate Market – Insights Linear alkylbenzene sulfonate (LAS) is an anionic surfactant widely used in formulation of all ranges of domestic detergents powder, cake & dish wash

Coherent Market Insights
Global Ethylene Market, By Feedstock (Naphtha, Ethane, Butane, Propane, Coal), Derivative (Polyethylene, Ethylene Oxide, Ethylene Dichloride), and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2025

Published Date : May 2017

Ethylene– Insights Ethylene is the lightest olefinic hydrocarbon or organic hydrocarbon is the basic raw material generally derived from various hydrocarbons which are largely used in the manufacturing

Coherent Market Insights
Diethylaniline Market - Size, Share, Trends, and Forecast 2019 - 2027

To Be Published : Jul 2019

The global diethylaniline market size is projected to observe potential growth, and register significant CAGR over the forecast period (2019 - 2027). Market Overview Diet

Coherent Market Insights
Commodity Chemicals Market - Size, Share, Trends, and Forecast 2019 - 2027

To Be Published : Jul 2019

The global commodity chemicals market size is expected to witness significant growth by 2027, and register a CAGR of 5.41% over the forecast period (2019 - 2027). Market Overview

Coherent Market Insights
Chlortetracycline Market - Size, Share, Trends, and Forecast 2019 - 2027

To Be Published : Jul 2019

The global chlortetracycline market size is expected to reach US$ 296 million by 2027, and register a CAGR of 13.1% over the forecast period (2019 - 2027). Market Overview

Coherent Market Insights
Cupric Chloride Market - Size, Share, Trends, and Forecast 2019 - 2027

To Be Published : Jul 2019

Cupric chloride, also known as copper (II) chloride, is a chemical compound with chemical formula CuCl2. It is a copper salt, which is light brown in color in anhydrous state. Anhydrous cupric chloride absorbs moisture due to its hygroscopic nature and form

Coherent Market Insights
Imaging Chemicals and Materials Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

To Be Published : Jul 2019

The global imaging chemicals and materials market size is expected to witness potential gains in the future, and register a significant CAGR of 6% over the forecast period (2019 - 2027). Market Overview

Coherent Market Insights
Polyphenylene Ether Compounds Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

To Be Published : Jul 2019

Polyphenylene ether (PPE) is produced by oxidative polycondensation of 2,6-dimethylphenol in the presence of a copper amine catalyst. It is a thermoplastic, linear, and non-crystalline polyether. These compounds possess high surface tension and therefore, its tendency

Coherent Market Insights
Organosulfur Compounds Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

The global organosulfur compounds market size is expected to witness potential gains in the future, and register a significant CAGR over the forecast period (2019 - 2027). Market Overview

Coherent Market Insights
Inorganic Color Pigments Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

The global inorganic color pigments market size is expected to witness potential gains in the future, and register a significant CAGR of 4.2% over the forecast period (2019 - 2027). Market Overview

Coherent Market Insights
Silicates Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

Silicates are compounds that contain oxygen and silicon, and are the most abundantly found minerals on Earth. The silicate compound’s crystal structure contains isolated SiO4 tetrahedra, or in the form of chains, groups, and sheets joined through

Coherent Market Insights
Potash Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

The compounds that contain potassium are referred to as potash. Potassium chloride (KCl), potassium nitrate (KNO3), and potassium sulfate (K2SO4) are some of the examples of potash. It contains potassium in water-soluble form. The extraction of potassium carbonate was

Coherent Market Insights
Polyvinyl Butyral (PVB) Films & Sheets Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

Polyvinyl butyral (PVB) films & sheets are made from specialty resin PVB, which are used as raw materials for glass sheets. PCB is formed by condensation reaction of polyvinyl alcohol with butyraldehyde. Some of the properties exhibited by PVB sheets and films inc

Coherent Market Insights
Polytetrafluoroethylene (PTFE) Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

Polytetrafluoroethylene (PTFE), also known as Dupont’s Teflon, is a high molecular weight compound wholly consisting of carbon and fluorine. It is a fluoropolymer of tetrafluoroethylene and is produced through the process of free-radical polymerization of tetraf

Coherent Market Insights
Potassium Formate Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

Potassium formate, also known as potassium salt of formic acid is a white solid powder, which forms brine solution and low crystallization temperature. This is a non-hazardous element, which has a pH score of 8.5 in a 10% solution. It offers various performance benefi

Coherent Market Insights
Platform Chemicals Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

Platform chemicals are building blocks that can be converted to a wide range of materials or chemicals. They can be either bio-based or petroleum-based. Basic solvents, acids, and starting material for polymers. Acetic acid, ethylene, methanol, polypropylene, toluene,

Coherent Market Insights
Plastic Foams Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

Plastic foam is synthetic resins, which can be changed to sponge-like mass, acting as close-cell structure or open-cell structure. The plastic foam generally includes urethanes, polyurethanes, vinyl, cellulose acetate, phenolics, etc. Generally, most of these plastics

Coherent Market Insights
Silicone Sealants Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

The global silicon sealants market size is projected to witness potential gains, and register CAGR of 4.2% over the forecast period (2019 - 2027). Market Overview Silicon

Coherent Market Insights
Silicone Fluids Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

The global silicone fluids market size is projected to reach US$ 2.5 billion by 2022, and register CAGR of 5.6% over the forecast period (2019 - 2027). Market Overview Si

Coherent Market Insights
Polyolefin Resins Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

To Be Published : Jul 2019

Polyolefin resin comprises one or more olefinic groups. These are polymers with high molecular weight hydrocarbons. It can withstand exposure to almost all chemicals at room temperature. These resins adapt to different fabrication techniques and are less expensive. Po

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

Coherent Market Insights Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.