Global Inorganic Chemicals Market - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players

Inorganic chemicals are a combination of two or more elements other than carbon. Carbon monoxide, carbon dioxide, carbides, carbonates, and cyanides are exceptions, as these are inorganic chemicals despite having carbon. Rising demand for inorganic chemicals in the fertilizers industry is expected to be one of the prime factors driving market growth. Moreover, due to stringent government regulations and stagnant economy in the developed countries of North America and Europe, the market is estimated to fuel growth of the market in emerging economies of Asia Pacific and Middle East. Cheap labor costs in countries such as China and India, makes these the preferred production hubs for global manufacturers. This helps reduce the overall cost of production of inorganic chemicals. Increasing environmental consciousness and implementation of stringent regulations influences market players to switch technology shifting and producing environment friendly products.

Inorganic Chemicals Market Taxonomy

On the basis of product type, the global market is classified into:

  • Ammonia
  • Chlor alkali
  • Ammonium nitrate
  • Ammonium sulfate
  • Inorganic acid
  • Sodium hydroxide
  • Hydrogen peroxide
  • Oxygen
  • Nitrogen
  • Others

On the basis of geography, the global market is classified into:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • Northern Africa
    • Central Africa
    • South Africa

Inorganic Chemicals Market Outlook – Surge in Demand for Ammonia for Agricultural Application Augmenting Market Growth

Population explosion witnessed over the last five decades has put considerable strain upon the already stretched thin agricultural sector. Moreover, rapid urbanization led to steep fall in farmland which force down the farmer for duel cultivation, characterized by large volumes of fertilizers being used to maintain optimum soil fertility. Nitrogen-based fertilizers are widely used by farmers, as it is easily available, cost-effective, and rather effective in increasing fertility of the soil. This in turn is expected to fuel the inorganic chemicals market during the forecast period. Ammonia is also used for cold storage and food preservation in the food & beverages industry. Moreover, the explosive manufacturing industry uses ammonium nitrate in bomb manufacturing. Asia Pacific is expected to be one of the most lucrative markets of manufacturers of inorganic chemicals, due to strengthening of the economy and strong agricultural base in China, India, and South East Asian countries.

Inorganic Chemicals Market Challenges – Fluctuating Crude Oil Price and Stringent Government Regulations

Fluctuating prices of crude oil and natural gas is expected to significantly dampen growth of inorganic chemicals market. Crude oil and natural gas are the basic building blocks of numerous inorganic chemicals industry. Moreover, the Frank R. Lautenberg Chemical Safety for 21st Century Act upon Toxic Chemicals and Chinese State Environment Protection Administration and General Administration of Custom has enforced strict regulation upon import and export of certain hazardous chemicals and pesticides. These are few challenges for inorganic chemical manufacturing company during the forecast period.

Inorganic Chemicals Market – Regulatory Scenario:

  • February 24, 2004, U.S. Department of State enforce the Rotterdam Convention as an international treaty designed to facilitate informed decision-making by countries with regard to trade in hazardous chemicals.
  • January 01, 2006, The State Environment Protection Administration and the General Administration of Custom of China, In order to strictly prevent illegal export of toxic chemicals and earnestly improve the implementation of the Rotterdam Convention on the Prior Informed Consent Procedure for Certain Hazardous Chemicals Pesticides in International Trade and the Stockholm Convention on Persistent Organic Pollutants.
  • June 22, 2016, the Frank R. Lautenberg Chemical safety for 21st century act updated the 1976 toxic substances control act, which allows EPA to protect the people of US from toxic chemicals.

Key players in the inorganic chemicals market include Akzo Nobel, BASF SE, Bayer, The Dow Chemicals Company, DuPont, Evonik Industries, Formosa Plastics, Ineos, LG Chem, LyondellBasell Industries, Mitsubishi Chemicals, Sabic, The Royal Dutch Shell, Sinopec, Sumitomo Chemicals. Strategic mergers and acquisitions is the new trend in the industry. For instance, BASF SE and Avantium on March 15, 2016, collaborated to establish production and marketing of furandicarboxylic acid and PEF based. Moreover, May 10, 2016, BASF SE launch new cross linking and water based dispersion coating product.

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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  • Distributors
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