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Chemical Intermediates Global Market and Trend

Date : 2022-12-09 Reading : 414

Chemical intermediates are the intermediates of using coal tar or petroleum products as chemical raw materials to manufacture dyes, pesticides, pharmaceuticals, resins, additives, plasticizers, etc. Chemical intermediates can be divided into three categories according to the form: solid, gaseous and liquid, accounting for 45%, 33% and 22% respectively.

The global chemical intermediates market size was USD 94.8 billion in 2017, growing to USD 130.2 billion in 2022, with a CAGR of 6.6% from 2017 to 2022. The global chemical intermediates market size is expected to be USD 190.0 billion in 2027, with a CAGR of 7.9% from 2022 to 2027.

 

Figure 2017-2027 Global Chemical Intermediates Market Size (Billion USD) and CAGR
Chemical intermediates are mainly used in medicine (68%), pesticides (20%), and dyes (3%).

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Chemical Intermediates Global Market and Trend 

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