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Chemical companies play a vital role in the global economy, providing essential products and services to various industries. In this post, we will discuss the top 5 chemical companies in the world based on their revenue, market share, and overall performance.
1. BASF SE
BASF SE is a German multinational chemical company that operates in six business segments: chemicals, performance products, functional materials and solutions, agricultural solutions, oil and gas, and others. With a revenue of €59.3 billion in 2020, BASF SE is the largest chemical company in the world. The company’s products range from basic chemicals, plastics, and performance products to crop protection products and oil and gas exploration.2. Dow Chemical Company
The Dow Chemical Company is an American multinational chemical company that operates in three business segments: performance materials and coatings, industrial intermediates and infrastructure, and packaging and specialty plastics. With a revenue of $43.0 billion in 2020, Dow Chemical is the second-largest chemical company in the world. The company’s products include chemicals, plastics, and agricultural products.3. Sinopec
Sinopec is a Chinese multinational oil and gas company that also operates in the chemical industry. With a revenue of $63.8 billion in 2020, Sinopec is the third-largest chemical company in the world. The company’s products range from basic chemicals and intermediates to specialty chemicals and polymer materials.4. Saudi Basic Industries Corporation (SABIC)
SABIC is a Saudi Arabian multinational chemical manufacturing company that operates in four business segments: petrochemicals, agri-nutrients, metals, and specialties. With a revenue of $29.5 billion in 2020, SABIC is the fourth-largest chemical company in the world. The company’s products include chemicals, plastics, and fertilizers.5. ExxonMobil Chemical
ExxonMobil Chemical is an American multinational oil and gas company that also operates in the chemical industry. With a revenue of $34.6 billion in 2020, ExxonMobil Chemical is the fifth-largest chemical company in the world. The company’s products range from basic chemicals and intermediates to specialty chemicals and polymer materials.In conclusion, the chemical industry is a crucial sector in the global economy, and these top 5 chemical companies play a significant role in providing essential products and services to various industries. Their revenue, market share, and overall performance make them the leading players in the chemical industry.
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