The other basic inorganic chemical market size has grown strongly in recent years. It will grow from $224.48 billion in 2024 to $244.04 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to industrialization and infrastructure development, agricultural expansion, water treatment needs, construction and building materials, globalization of supply chains.
The other basic inorganic chemical market size is expected to see strong growth in the next few years. It will grow to $325.21 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to renewable energy initiatives, electronic waste recycling, technological advancements in agriculture, focus on sustainable water management, infrastructure and construction projects. Major trends in the forecast period include global economic trends, shift in geographic demand, fluctuations in raw material prices, focus on quality and purity, supply chain resilience.
The growing demand for inorganic chemicals in the fertilizer industry is anticipated to drive the expansion of the other basic inorganic chemicals market in the coming years. Fertilizers, which can be either naturally or artificially produced, are substances that contain chemical elements beneficial for enhancing plant growth and productivity. Inorganic fertilizers consist of fundamental inorganic chemicals that deliver essential nutrients to support crops and boost yields. Consequently, an increase in the demand for inorganic chemicals within the fertilizer sector will lead to a heightened need for other basic inorganic chemicals. For example, in June 2023, Krungsri Research, a financial institution based in Thailand, reported that the demand for inorganic fertilizers is expected to grow at an annual rate of 2.0-3% until 2025. Therefore, the rising demand for inorganic chemicals in the fertilizer industry is propelling the growth of the other basic inorganic chemicals market.
The increasing awareness of environmental issues is projected to drive the growth of the other basic inorganic chemicals market in the future. Environmental consciousness refers to the understanding of the connection between humans and their environment and the recognition of the necessity to protect and conserve natural resources. This awareness is becoming progressively significant in the production and utilization of basic inorganic chemicals due to concerns about their environmental impact. Chemists are actively working to create new production methods that require less energy and raw materials while generating less waste. For example, in July 2023, the Office for National Statistics, a UK government department, reported that in a survey conducted between May and June 2023, over 86% of adults in Great Britain indicated they had made at least some lifestyle changes to address environmental issues. Thus, the growing environmental consciousness is fueling the growth of the other basic inorganic chemicals market.
A notable trend gaining traction in the other basic inorganic chemicals market is the expansion of production plants equipped with advanced technology. Major companies in the industry are prioritizing the establishment of new sulfuric acid plants employing cutting-edge technologies to maintain their competitive positions. For example, in October 2022, Andritz AG, a technology group based in Austria, achieved a milestone by creating the world's first sulfuric acid plant for Klabin's Ortigueira mill in Brazil. This plant, based on Andritz's A-Recovery+ concept, can produce 150 metric tons of commercial-grade (>98%) sulfuric acid daily from concentrated odorous vapors and elemental sulfur. Part of Andritz's CircleToZero product line, this facility aims to eliminate waste byproducts, create value-added goods, and establish a framework for zero-emissions, zero-waste production.
Major players in the other basic inorganic chemicals market are also concentrating on introducing innovative products, such as alkali-stable silicone antifoam, to gain a competitive edge. Alkali-stable silicone antifoam, designed for efficacy in high-alkaline environments, was exemplified by the launch of Akasil Antifoam XP 20 by BRB International BV in May 2023. This high-performance antifoam emulsion, with 20% active content, offers superior antifoaming performance in various applications, including metalworking fluids and gas-sweetening processes. Akasil Antifoam XP 20 is stable in high-alkaline conditions and remains shear stable, making it suitable for deployment in high-shear environments.
In May 2022, the WeylChem Group of Companies, a German-based fine and specialty chemicals platform, acquired INEOS Sulphur Chemicals Spain S.L.U. from INEOS Enterprises. This undisclosed acquisition reinforces WeylChem's commitment to strengthening its position as a strategic partner in advanced intermediates and reagents, leveraging its manufacturing expertise, technical reliability, and timely production. INEOS Enterprises, based in the UK, operates in the sulfuric acid sector.
Major companies operating in the other basic inorganic chemical market include Akzo Nobel NV, Evonik Industries AG, Mitsubishi Chemical Corporation, GFS Chemicals Inc., Behn Meyer Holding AG, Eastman Chemical Company, Sumitomo Chiba Chemical Co. Ltd., Saudi Basic Industries Corporation, China Petroleum & Chemical Corporation, LG Chem Ltd., Arkema SA, Solvay SA, Tata Chemicals Limited, Otsuka Chemical Co. Ltd., Albemarle Corporation, Cabot Corporation, The Dow Chemical Company, Huntsman Corporation, Ineos Group Limited, Lanxess AG, Olin Corporation, PQ Corporation, Rhodia SA, Shin-Etsu Chemical Co. Ltd., Tosoh Corporation, W.R. Grace & Co., Zeon Corporation, American Elements Corporation, Chemetall GmbH, Materion Corporation, Merck KGaA, Umicore SA.
Asia-Pacific was the largest region in the other basic inorganic chemical market in 2024. The regions covered in the other basic inorganic chemical market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the other basic inorganic chemical market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Basic inorganic chemicals are substances that originate from minerals, lacking carbon in their molecular structure and primarily based on abundant elements such as oxygen, silicon, aluminum, and others. Inorganic synthesis involves the process of creating these compounds, resulting in the production of various basic inorganic chemical products.
The main types of other basic inorganic chemical products include basic inorganic chemicals and alkali chemicals. Basic inorganic chemicals, being mineral-derived and carbon-free, are based on abundant earth elements. These chemicals find applications in various industrial processes, including concentrators, separators, condensers, vaporizers, reactor vessels, and more. They serve diverse industries such as food, pharmaceuticals, personal care, agriculture, and others.
The other basic inorganic chemical market research report is one of a series of new reports that provides other basic inorganic chemical market statistics, including other basic inorganic chemical industry global market size, regional shares, competitors with a other basic inorganic chemical market share, detailed other basic inorganic chemical market segments, market trends and opportunities, and any further data you may need to thrive in the other basic inorganic chemical industry. This other basic inorganic chemical market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The other basic inorganic chemical market consists of sales of sodium nitrate, ammonium chloride, calcium carbide, hydrogen peroxide, aluminum fluoride and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The other basic inorganic chemical market size is expected to see strong growth in the next few years. It will grow to $325.21 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to renewable energy initiatives, electronic waste recycling, technological advancements in agriculture, focus on sustainable water management, infrastructure and construction projects. Major trends in the forecast period include global economic trends, shift in geographic demand, fluctuations in raw material prices, focus on quality and purity, supply chain resilience.
The growing demand for inorganic chemicals in the fertilizer industry is anticipated to drive the expansion of the other basic inorganic chemicals market in the coming years. Fertilizers, which can be either naturally or artificially produced, are substances that contain chemical elements beneficial for enhancing plant growth and productivity. Inorganic fertilizers consist of fundamental inorganic chemicals that deliver essential nutrients to support crops and boost yields. Consequently, an increase in the demand for inorganic chemicals within the fertilizer sector will lead to a heightened need for other basic inorganic chemicals. For example, in June 2023, Krungsri Research, a financial institution based in Thailand, reported that the demand for inorganic fertilizers is expected to grow at an annual rate of 2.0-3% until 2025. Therefore, the rising demand for inorganic chemicals in the fertilizer industry is propelling the growth of the other basic inorganic chemicals market.
The increasing awareness of environmental issues is projected to drive the growth of the other basic inorganic chemicals market in the future. Environmental consciousness refers to the understanding of the connection between humans and their environment and the recognition of the necessity to protect and conserve natural resources. This awareness is becoming progressively significant in the production and utilization of basic inorganic chemicals due to concerns about their environmental impact. Chemists are actively working to create new production methods that require less energy and raw materials while generating less waste. For example, in July 2023, the Office for National Statistics, a UK government department, reported that in a survey conducted between May and June 2023, over 86% of adults in Great Britain indicated they had made at least some lifestyle changes to address environmental issues. Thus, the growing environmental consciousness is fueling the growth of the other basic inorganic chemicals market.
A notable trend gaining traction in the other basic inorganic chemicals market is the expansion of production plants equipped with advanced technology. Major companies in the industry are prioritizing the establishment of new sulfuric acid plants employing cutting-edge technologies to maintain their competitive positions. For example, in October 2022, Andritz AG, a technology group based in Austria, achieved a milestone by creating the world's first sulfuric acid plant for Klabin's Ortigueira mill in Brazil. This plant, based on Andritz's A-Recovery+ concept, can produce 150 metric tons of commercial-grade (>98%) sulfuric acid daily from concentrated odorous vapors and elemental sulfur. Part of Andritz's CircleToZero product line, this facility aims to eliminate waste byproducts, create value-added goods, and establish a framework for zero-emissions, zero-waste production.
Major players in the other basic inorganic chemicals market are also concentrating on introducing innovative products, such as alkali-stable silicone antifoam, to gain a competitive edge. Alkali-stable silicone antifoam, designed for efficacy in high-alkaline environments, was exemplified by the launch of Akasil Antifoam XP 20 by BRB International BV in May 2023. This high-performance antifoam emulsion, with 20% active content, offers superior antifoaming performance in various applications, including metalworking fluids and gas-sweetening processes. Akasil Antifoam XP 20 is stable in high-alkaline conditions and remains shear stable, making it suitable for deployment in high-shear environments.
In May 2022, the WeylChem Group of Companies, a German-based fine and specialty chemicals platform, acquired INEOS Sulphur Chemicals Spain S.L.U. from INEOS Enterprises. This undisclosed acquisition reinforces WeylChem's commitment to strengthening its position as a strategic partner in advanced intermediates and reagents, leveraging its manufacturing expertise, technical reliability, and timely production. INEOS Enterprises, based in the UK, operates in the sulfuric acid sector.
Major companies operating in the other basic inorganic chemical market include Akzo Nobel NV, Evonik Industries AG, Mitsubishi Chemical Corporation, GFS Chemicals Inc., Behn Meyer Holding AG, Eastman Chemical Company, Sumitomo Chiba Chemical Co. Ltd., Saudi Basic Industries Corporation, China Petroleum & Chemical Corporation, LG Chem Ltd., Arkema SA, Solvay SA, Tata Chemicals Limited, Otsuka Chemical Co. Ltd., Albemarle Corporation, Cabot Corporation, The Dow Chemical Company, Huntsman Corporation, Ineos Group Limited, Lanxess AG, Olin Corporation, PQ Corporation, Rhodia SA, Shin-Etsu Chemical Co. Ltd., Tosoh Corporation, W.R. Grace & Co., Zeon Corporation, American Elements Corporation, Chemetall GmbH, Materion Corporation, Merck KGaA, Umicore SA.
Asia-Pacific was the largest region in the other basic inorganic chemical market in 2024. The regions covered in the other basic inorganic chemical market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the other basic inorganic chemical market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Basic inorganic chemicals are substances that originate from minerals, lacking carbon in their molecular structure and primarily based on abundant elements such as oxygen, silicon, aluminum, and others. Inorganic synthesis involves the process of creating these compounds, resulting in the production of various basic inorganic chemical products.
The main types of other basic inorganic chemical products include basic inorganic chemicals and alkali chemicals. Basic inorganic chemicals, being mineral-derived and carbon-free, are based on abundant earth elements. These chemicals find applications in various industrial processes, including concentrators, separators, condensers, vaporizers, reactor vessels, and more. They serve diverse industries such as food, pharmaceuticals, personal care, agriculture, and others.
The other basic inorganic chemical market research report is one of a series of new reports that provides other basic inorganic chemical market statistics, including other basic inorganic chemical industry global market size, regional shares, competitors with a other basic inorganic chemical market share, detailed other basic inorganic chemical market segments, market trends and opportunities, and any further data you may need to thrive in the other basic inorganic chemical industry. This other basic inorganic chemical market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The other basic inorganic chemical market consists of sales of sodium nitrate, ammonium chloride, calcium carbide, hydrogen peroxide, aluminum fluoride and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Other Basic Inorganic Chemical Market Characteristics3. Other Basic Inorganic Chemical Market Trends and Strategies4. Other Basic Inorganic Chemical Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Other Basic Inorganic Chemical Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Other Basic Inorganic Chemical Market34. Recent Developments in the Other Basic Inorganic Chemical Market
5. Global Other Basic Inorganic Chemical Growth Analysis and Strategic Analysis Framework
6. Other Basic Inorganic Chemical Market Segmentation
7. Other Basic Inorganic Chemical Market Regional and Country Analysis
8. Asia-Pacific Other Basic Inorganic Chemical Market
9. China Other Basic Inorganic Chemical Market
10. India Other Basic Inorganic Chemical Market
11. Japan Other Basic Inorganic Chemical Market
12. Australia Other Basic Inorganic Chemical Market
13. Indonesia Other Basic Inorganic Chemical Market
14. South Korea Other Basic Inorganic Chemical Market
15. Western Europe Other Basic Inorganic Chemical Market
16. UK Other Basic Inorganic Chemical Market
17. Germany Other Basic Inorganic Chemical Market
18. France Other Basic Inorganic Chemical Market
19. Italy Other Basic Inorganic Chemical Market
20. Spain Other Basic Inorganic Chemical Market
21. Eastern Europe Other Basic Inorganic Chemical Market
22. Russia Other Basic Inorganic Chemical Market
23. North America Other Basic Inorganic Chemical Market
24. USA Other Basic Inorganic Chemical Market
25. Canada Other Basic Inorganic Chemical Market
26. South America Other Basic Inorganic Chemical Market
27. Brazil Other Basic Inorganic Chemical Market
28. Middle East Other Basic Inorganic Chemical Market
29. Africa Other Basic Inorganic Chemical Market
30. Other Basic Inorganic Chemical Market Competitive Landscape and Company Profiles
31. Other Basic Inorganic Chemical Market Other Major and Innovative Companies
35. Other Basic Inorganic Chemical Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Other Basic Inorganic Chemical Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on other basic inorganic chemical market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for other basic inorganic chemical ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The other basic inorganic chemical market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Product Type: Basic Inorganic Chemicals; Alkali Chemicals2) by Application: Concentrators; Separators; Condensers; Vaporizers; Reactor Vessels; Other Applications
3) by Industry: Food Industry; Pharmaceuticals; Personal Care; Agriculture; Other Industries
Subsegments:
1) by Basic Inorganic Chemicals: Acids; Salts; Oxides; Carbonates2) by Alkali Chemicals: Sodium Hydroxide; Potassium Hydroxide; Sodium Carbonate; Ammonium Hydroxide
Key Companies Mentioned: Akzo Nobel NV; Evonik Industries AG; Mitsubishi Chemical Corporation; GFS Chemicals Inc.; Behn Meyer Holding AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Other Basic Inorganic Chemical market report include:- Akzo Nobel NV
- Evonik Industries AG
- Mitsubishi Chemical Corporation
- GFS Chemicals Inc.
- Behn Meyer Holding AG
- Eastman Chemical Company
- Sumitomo Chiba Chemical Co. Ltd.
- Saudi Basic Industries Corporation
- China Petroleum & Chemical Corporation
- LG Chem Ltd.
- Arkema SA
- Solvay SA
- Tata Chemicals Limited
- Otsuka Chemical Co. Ltd.
- Albemarle Corporation
- Cabot Corporation
- The Dow Chemical Company
- Huntsman Corporation
- Ineos Group Limited
- Lanxess AG
- Olin Corporation
- PQ Corporation
- Rhodia SA
- Shin-Etsu Chemical Co. Ltd.
- Tosoh Corporation
- W.R. Grace & Co.
- Zeon Corporation
- American Elements Corporation
- Chemetall GmbH
- Materion Corporation
- Merck KGaA
- Umicore SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 244.04 Billion |
| Forecasted Market Value ( USD | $ 325.21 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 33 |
