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World Chemical Sales Increased 60% in 10 Years Says New Report - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report
World Chemical Sales Increased 60% in 10 Years Says New Report

 

NewswireTODAY - /newswire/ - London, United Kingdom, 2010/03/26 - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report.

   
 
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The report “Global Chemical Industry” presents an analysis of the major chemical players such as Dow Chemical, DuPont, Total, Exxon, Shell, and others through SWOT analysis, and by presenting the financial performances of the world majors.

According to the 485 page report, the global chemical industry has historically being concentrated in three world regions consisting primarily of the North American region, Western Europe and Japan. The European Community remains the largest producer area followed by the USA and Japan. However of late, the dominance of these three regions (together known as the Triad) is being increasingly challenged by changes in feedstock availability and price, labor cost, energy cost, differential rates of economic growth and environmental pressures.

On top of this, the most influential in this phenomenon has been the changing structure of the worldwide chemical industry with the growing regions including India, China, Brazil, Middle East and South East Asia starting to increase their influence in this industry. There is a shift in production from the traditional regions like Europe, the United States and Japan to the rest of the world, especially Asia. In 10 years, Europe's share of the world production of chemical products fell from 31 to around 27%, as Asia's rose from 13 to 23%. Developments in the last decade show that the EU was the leader in world chemicals sales but has lost ground against Asia. Comparing 2007 to 1997, the contribution of the EU to world chemical sales was reduced by 2.7 percentage points. In fact, Europe's sales have been growing continuously, but world chemical sales are growing faster. The value of world chemicals sales has increased by 60% in 2007 compared to 1997.

Report Buyer is the independent online store for global business information. The website now lists more than 120,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.

 
 
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World Chemical Sales Increased 60% in 10 Years Says New Report

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