You know your products, and Freedonia knows your markets. Freedonia market research encompasses virtually all of the major end use markets for chemical companies, including packaging, construction, automotive, and industrial and consumer products. Additionally, Freedonia covers a range of specialty topics in the chemicals industry. Freedonia’s research has been guiding key decision makers at top chemical companies for over three decades.
Chemicals is a leading global industry that touches almost every other industry on one way or another. In 2022, China was the leading producer of chemicals, accounting for over 30% of global chemical output.
China is also a leading market for chemicals. Though sales were challenged in 2021 by ongoing impacts of the COVID-19 pandemic, the market recovered in 2022. Going forward, sales are expected to increase but at a slower pace as companies look to shift manufacturing to other countries with lower production costs and fewer workforce disruptions.