The global bulk chemicals market, often referred to as commodity chemicals, plays a pivotal role in industries such as agriculture, construction, automotive, and consumer goods. These chemicals, encompassing both organic and inorganic substances, are produced in vast quantities using batch and continuous processes, with raw materials primarily derived from crude oil and natural gas.
The Asia-Pacific region, led by China, India, and Japan, dominates the global bulk chemicals market. The demand for bulk chemicals in this region is fuelled by rapid industrialization, rising construction activities, and the growing automotive sector. Particularly in India and China, substantial government investments in infrastructure, and a growing focus on manufacturing have bolstered the market.
The Asia-Pacific region, led by China, India, and Japan, dominates the global bulk chemicals market. The demand for bulk chemicals in this region is fuelled by rapid industrialization, rising construction activities, and the growing automotive sector. Particularly in India and China, substantial government investments in infrastructure, and a growing focus on manufacturing have bolstered the market.