Commodity Chemicals Market Growth Analysis: 2022-2030, Competitive Research and Emerging Dynamics
Commodity chemicals are chemical products that are produced in large quantities and are used as raw materials or intermediate products in the manufacture of a wide range of other products. They are generally produced in bulk quantities, and their prices are determined by supply and demand in the global market. Some of the prominent manufacturers in the global commodity chemicals market are Mitsubishi Chemicals, BASF SE, Sinopec, the Dow Chemical Company, CNPC, DuPont, Sumitomo Chemicals, and Arkema. Some common examples of commodity chemicals include: 1. Ethylene: It is a colorless gas that is used as a raw material in the manufacture of various plastics, fibers, and other chemicals. 2. Propylene: It is a colorless gas that is used as a raw material in the manufacture of polypropylene, which is used to make various plastic products. 3. Benzene: It is a colorless liquid that is used as a raw material in the manufacture of various chemicals, including plastics, synthetic fibers, and ru