BASF held the top position in annual sales for 12 years from 2006 to 2017, surpassed by DuPont in 2018. Sinopec saw a 22% increase in sales last year, the largest rise among the top chemical companies on this list. Last year Ineos generated sales of USD 36.97 billion and has 22,000 employees worldwide specializing in the production and manufacturing of chemical products, petrochemicals, and even plastics. Expect the industry to keep growing to take advantage of economic prosperity. These are the top 10 largest chemical companies by market cap in 2020. Grab your lab coat. Try BizVibe Procurement for Free! Get Started>>, Discover Suppliers | Target Prospects | Browse 10M+ CompaniesTry for Free>>. Cover Story. Top 30 companies of Malaysia – KLCI index; Top 30 companies of Singapore – STI index; Top 30 companies of the Philippines – PSEi index; Top 45 companies of Indonesia – LQ45 index; Quick links to the top 50 public companies in Thailand’s SET50. BASF used to be the largest chemical company in the world by sales from 2006 to 2017 but has since been surpassed by Sinopec. What’s the future of the chemical industry? The ranking is based on total revenues in 2019 and has been released in July 2020. Revenue in the global chemical industry was around USD 4.1 trillion in 2018. Germany’s BASF regained the top spot in the ICIS Top 100 Chemical Companies ranking of the world’s leading producers based on 2019 sales. Before BASF’s 12-year run as the largest chemical company in the world, Dow Chemicals used to be the largest. This is BizVibe’s list of the top 10 largest chemical companies in the world in 2020, ranked by a combination of sales and market cap. Which chemical companies rank the highest by their estimated market cap? As the industry moves into 2021, the changed economic, social, environmental, and political expectations are expected to play an even greater role in shaping its future. Today emerging and well established companies 48 out of 50 chemical companies saw sales rise in 2018 over 2017. China’s Sinopec came in second, followed by US-based Dow. You can control cookies through your browser settings. EMN – Chemical production in the United States is gaining momentum after coping with supply disruptions, weak demand and shrinking revenue last year due to the COVID-19 pandemic. This category only includes cookies that ensures basic functionalities and security features of the website. Headquartered in Tokyo, Japan, the company saw a sales grow by 7.1 percent last with last year’s sales reaching USD 28.74 billion — making this Japanese chemical company one of the biggest chemical companies in the world. The top 10 largest chemical companies in the world saw their average percent of sales grow by 13.65 percent Year-over-year — paving the way for strong growth in the chemical industry. Who is the largest chemical manufacturing company in the world? The 10 Biggest Fintech Companies In America. LyondellBasell ranks 8th on this list of the largest chemical companies in the world with sales figures of USD 30.78 billion generated last year. The company’s legal headquarters are in Rotterdam, Netherlands. ExxonMobil Chemical ranks number 7th in the world by sales among the largest chemical companies. ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. The chemical industry comprises approximately 15% of the US manufacturing economic sector. Who are the fastest risers in the chemical industry? China’s Sinopec came in second, followed by US-based Dow. Summary: Top 10 companies from Australia 2020. If you do not wish to receive such information please tick the box to opt out of these emails, *ICIS is a tradename of LexisNexis® Risk Solutions Group. DuPont is the largest chemical company in the world by sales, generating sales of USD 85.97 billion last year. Who are the top 10 largest chemical companies in the world by sales as of 2020? These unicorns are forever changing the way we … Saudi Basic Industries Corporation (SABIC) – $34.3bn 5. In this same span, sales grew by 13.8 percent year-over-year. Sales for the Top 100 fell 4.9% on a global manufacturing slowdown and overcapacity in key commodity chemicals markets. Rounding out BizVibe’s list of the top 10 largest agricultural companies in the world in 2020. This post will breakdown the top 10 largest chemical companies in the world by sales and market cap to give you the best analysis on where to invest and who to create B2B connections with. Their leading chemical technology is used by golf courses, sports turf companies and in forests and greenhouses around the world. Ineos is compromised of 20 business units, all operating separately. Reach out and connect with the top chemical companies today on BizVibe. Ranking 6th on this list of the biggest chemical companies is Formosa Plastics Corp, a Taiwanese plastics company based in Taiwan, known primarily for producing polyvinyl chloride resins and other plastic products. Top 30 companies of Australia in the ASX index 2020; Top 30 companies of China in the Shanghai Composite… Top 30 companies of India in the NIFTY index 2019; Top 30 companies of the UK in the FTSE index 2020; Categories Canada, Companies Tags automotive, company, corporation, financials, insurance, IT, materials, media, multinational, oil & gas, restaurants, retail, … This list also includes the best waterproofing companies operating in India. Last year, Sinopec generated sales of  USD 69.21 billion and has a current market cap of USD 84.45 Billion — making it one of the biggest chemical companies in the world by sales and valuation. These cookies will be stored in your browser only with your consent. Hence, we think stocks like Eastman Chemical … Digital Version. Who is the largest chemical company in the world? Create an account below to get 5 C&EN articles per month, receive newsletters and more - all free. 4. BASF has current business segments in chemicals, plastics, performance products, functional solutions, agriculture, biotechnology, and oil and gas. Last year, LG Chem generated annual sales of USD 25.63 billion, primarily due to buying soluble organic light-emitting diode technology from DuPont. BASF subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas, and Africa. Top 10 Chemical Companies to Watch in 2020. Fielding Environmental: The Right Way “The 3 R’s, sustainable development, environmental business, cleantech, innovation and circular economies.” All these words and phrases, created over the past few decades, have one thing in common – Fielding Environmental. Welcome! Rounding out BizVibe’s list of the top 10 largest chemical companies in the world is LG Chemical, the largest Korean chemical company in the world. Our platform is designed to help companies generate leads, shortlist suppliers, request for proposals, and identify global companies. LyondellBasell – $26.4bn 8. You also have the option to opt-out of these cookies. 7. It offers various chemical products to chemical, agriculture and oil & … Who is the largest chemical company in the world? Here is the complete list of the top 50 largest chemical companies in the world by sales as of last year. Last year, all of the top 10 chemical companies saw an increase in the percent of chemical sales of their products. As main customers spend on R&D and the largest chemical companies continue to push the envelope in the industry, the chemical industry will continue to take leaps forward. We want to keep you up-to-date with what’s happening at ICIS* and tell you about our latest products and other services. Ireland-based The Linde Group and the Chinese chemical company Sinopec round out the 3 biggest chemical companies by market cap in 2020. DuPont has a current market cap of USD 52.69 Billion. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Formosa generated USD 36.89 billion in sales last year — making it the 6th largest chemical company in the world by sales. We may email you about information we think you’ll be interested in, including selected articles and reminders about forthcoming events. Germany’s BASF regained the top spot in the ICIS Top 100 Chemical Companies ranking of the world’s leading producers based on 2019 sales. We have compiled here the list of best construction chemical companies in India. Chemical Industry Trends and Stats DuPont is the largest chemical company in the world by sales, generating sales of USD 85.97 billion last year. Hengli Petrochemical Co.,Ltd. Despite ranking 7trh in sales, ExxonMobil Chemical is the largest chemical company in the world by market cap at a valuation of USD 308.91 billion last year. Ranking 5th on this list of the top 10 largest chemical companies in the world is Ineos, a UK-based multinational chemical company headquartered in London. The honorees span 21 countries and 50 industries and includes 14 first-time honorees and seven companies that have been named to the list every year since it’s inception. China Petroleum & Chemical Corporation (Sinopec) – $60.9bn 3. ICIS Top 100 Chemical Companies 2020 | ICIS ICIS Top 100 Chemical Companies 2020 Germany’s BASF regained the top spot in the ICIS Top 100 Chemical Companies ranking of the world’s leading producers based on 2019 sales. Apple is World Number 1 company and Saudi Aramco is World number 2 company by market cap as on August 2020. World Biggest Chemicals Companies by Market Value. LyondellBasell is a public multinational chemical company that produces ethylene, propylene, polyolefins, and oxyfuels. Ranking 9th on this list of the top 10 largest chemical companies in the world is Mitsubishi Chemical Holdings, a Japanese company formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. Browse 1,000+ Profiles: Discover companies in the chemical manufacturing industry and get access to detailed company profiles for free. Primarily a chemical company, this German-based conglomerate is a significant player in the agribusiness sector. The chemical industry growth will exceed that of the U.S. economy through 2024. Increasing demand and stabilizing export markets are among the factors that are now aiding the industry’s recovery. Please find more information on the cookies used on our site here. It is mandatory to procure user consent prior to running these cookies on your website. DuPont’s headquarters are in Wilmington, Delaware and last year brought in annual sales figures of USD 85.97 billion. Chemical & Engineering News publishes an annual list of the world's largest chemical producers by sales, excluding formulated products such as pharmaceutical drugs and coatings. For 12 years BASF used to be the largest chemical company in the world but was surpassed in chemical sales by DuPont in 2018. SABIC is known for its petrochemicals, chemicals, industrial polymers, fertilizers, and metals products and saw a sales increase of more than 12 percent from last year — one of the fastest risers on this list of the top chemical companies in the world. Please refer to the help guide of your browser for further information on cookies, including how to disable them. These cookies do not store any personal information. In 2020, 131 companies are recognized for setting the global standards of business integrity and corporate citizenship. We also use third-party cookies that help us analyze and understand how you use this website. Fielding… Read More. China’s Sinopec came in second, followed by US-based Dow. This growth is led by the top 10 largest chemical companies in the world as they increase production and open new facilities. BASF is one of the world’s leading suppliers of fungicides, herbicides and insecticides. This year, Germany’s BASF regained the lead as the world’s largest chemical company with sales of $66.6bn in 2019, a decline of 1.5% from 2018. 2 Top-Rated Chemical Companies to Buy Now. ChemScore looks at the 35 biggest chemical companies in the world, based on revenue, and ranks their performance in four different categories: the toxicity of their product portfolio, research & development of non-toxic chemicals, management & transparency and the number of controversies and scandals that the company has been involved in. Want to take full advantage of BizVibe with detailed insights, company tracking, and more? Insights Success have released this special edition titled “Top 10 Chemical Companies to Watch in 2020”. To give you a quick overview of the largest Australian companies in the S&P/ASX 200 index in 2020, here is a synthesizing image regrouping the information of the top 10. This statistic shows the 2020 ranking of the ten leading global chemical companies based on net income. The largest chemical company in the world is DuPont, followed by BASF, and Sinopec. In addition to oil and gas exploration, Sinopec is mainly known for its production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products. BASF is a German multinational chemical company and the largest chemical producer in the world. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, Paints / Adhesives / Dyes / Pigments / Epoxy Resin, Pipes / Tubes / Gaskets / Sealants / Cables, Oil Refinery / Refinery Gases / Petroleum. World Top Chemicals Companies List by Market Cap as on Jan 1st, 2020 World Top Chemicals Companies List by Market Cap as Jan 1st, 2020. 2. Sales for the Top 100 fell 4.9% on a global manufacturing slowdown and overcapacity in key commodity chemicals markets. DuPont surpassed BASF as the largest chemical company in the world in terms of sales finally, after BASF holding the record as the top chemical producer for 12 years. The chemical industry is compromised of all the companies that manufacture, produce, and sell industrial chemicals. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. This list of the companies is not a ranking based on any specific criteria, companies are listed down as per their alphabetical orders. Review our, op 10 Largest Pharmaceutical Companies in the World, Top 10 Largest Manufacturing Companies in the World. We teamed up with Qlik, the Official Analytics Partner of the Fortune 500, to bring to life the shifting fortunes of iconic companies and sectors in an interactive data visualization. BASF – $66.4bn. After being dethroned last year, German chemical giant BASF is once again number one in C&EN's annual Global Top 50 list of chemical companies for 2019. In 2018, sales of the top fifty companies amounted to US$951,000,000,000, an increase of 11.8% compared to the top fifty producers of 2017. Article Digital platforms in chemicals: The game is on—will the winner take all? As observed in the Special Report on Top 100 Chemical Companies by ICIS, profits for the Top 100 chemical companies fell 17.4% on average in the course of … BizVibe has redefined the concept of B2B networking by helping buyers select the right supplier. In the listing we exclude industrial gases, fertilizers and, where possible, non-chemical portions of companies. With sales increasing 37.6 percent from last year, DuPont is the largest chemical company in terms of sales growth among the 10 largest chemical companies. Article Plastics recycling: Using an economic-feasibility lens to select the next moves. The Dow Chemical Company – $42.9bn . Chemical companies in the United States have responded to the crisis by focusing on operational efficiency, asset optimization, and cost management. This website uses cookies to improve your experience while you navigate through the website. Consumer spending and the rise of chemical production to take advantage of the shale gas boom is leading to the exceptional rise of chemical sales. The following is a list of biggest chemical companies ranked by sales generated in USD billions. ExxonMobil Chemical is the largest chemical company in the world by market cap with an estimated market cap of USD 308.91 billion as of 2020. ICIS Top 100 Chemical Companies 2020 ICIS is pleased to announce its annual ICIS Top 100 Chemical Companies listing of global producers ranked by 2019 sales. Is BASF the largest chemical company in the world? World Largest Chemicals Companies as on Jan 1st, 2020 Here is the list of Top 10 Chemical Companies in India which is listed based on the turnover. The average sales increased 13.65 percent from 2017 to 2018 for the top chemical companies on this list — making the chemical industry lucrative for B2B deals in 2020. 1. Connect and track the latest news and insights from these companies. SABIC is a Saudi multinational chemical manufacturing company that is a subsidiary of Saudi Aramco. DuPont Headquarters: Wilmington, Delaware, USA, Crude oil and natural gas exploration and production, Formosa Plastics Corp Headquarters: Kaohsiung City, Taiwan, Formosa Plastics Corp Sales: USD 36.89 billion, Formosa Plastics Corp Number of Employees: 10,000, ExxonMobil Chemical Headquarters: Irving, Texas, USA, ExxonMobil Chemical Sales: USD 32.44 billion, ExxonMobil Chemical Market Cap: USD 308.91 billion, ExxonMobil Chemical Number of Employees: 71,000, LyondellBasell Chemical Headquarters: Rotterdam, Netherlands, LyondellBasell Chemical Sales: USD 30.78 billion, Mitsubishi Chemical Headquarters: Tokyo, Japan, Mitsubishi Chemical Sales: USD 28.74 billion, Mitsubishi Chemical Number of Employees: 54,111. Mitsubishi Chemical Holdings – $29.3bn 6. We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. It has been serving in India for more than a century and has total 9 production units, 2 Research & development centesr and more than 2000 employees. The chemical industry used to be worth USD 1.8 trillion in 2002 and is currently generates over USD 4.1 trillion in sales annually — leading to stellar growth and an exceptional outlook for investment and expansion opportunities at a B2B level. Embed code: DuPont is an American chemical company resulting from the merger between Dow Chemical and DuPont. What is the chemical industry and who are the 10 largest chemical companies in the world; both by sales and market cap in 2020? World Top 1000 Companies List as on August 2020, Head Quarters, Business Sector, Rank of Company. Top ten chemical companies: World’s biggest by revenue. BASF’s ranking in the chemical industry has remained consistently in the top 2 over the last few years. Let's get started Welcome! High demand for chemicals used in manufacturing will grow due to a rise in chemical production capacity as new chemical facilities open. But opting out of some of these cookies may have an effect on your browsing experience. Why is the chemical industry growing despite economic slowdown? Necessary cookies are absolutely essential for the website to function properly. LONDON and NEW YORK, Sept. 7, 2020 /PRNewswire/ -- ICIS has announced its annual ICIS Top 100 Chemical Companies listing of global producers ranked … The article will answer the following questions: BizVibe is already helping the top chemical companies in the world connect. ExxonMobil Chemical is the largest chemical company in the world by an estimated market cap. Last Updated on October 27, 2020 by Admin. Ranking 3rd on BizVibe’s list of the top 10 largest chemical companies in the world is Sinopec, a Chinese oil and gas enterprise based in Beijing, China. The Site uses cookies to record users' preferences in relation to the functionality of accessibility. LONDON and NEW YORK, Sept. 7, 2020 /PRNewswire/ -- ICIS has announced its annual ICIS Top 100 Chemical Companies listing of global producers ranked by 2019 sales. ExxonMobil Chemical is the largest chemical company in the world by market cap with an estimated market cap of USD 308.91 billion as of 2020. By registering your details, you understand that your personal data will be handled according to our Privacy Policy. Consumer spending in the USA is the biggest factor in growth in the chemical industry. BASF India is one among the top chemical companies in India based in Mumbai. Note that you can use this image to embed it on your website and other digital properties using the embed code below. BASF is a German chemical company and with sales figures of USD 74.06 billion generated last year and a current market cap of USD 71.58 Billion — making BASF is one of the largest chemical companies in the world. SABIC is 4th on this list of the top 10 largest chemical companies in the world by sales and market cap. China National Petroleum Corporation (PetroChina) – $26.5bn. It on your website conglomerate is a significant player in the world by top chemical companies 2020 news insights. World connect Using an economic-feasibility lens to select the next moves by sales, generating of. S legal headquarters are in Rotterdam, Netherlands world by sales among the factors that are now aiding the ’. Is mandatory to procure user consent prior to running these cookies from the merger between chemical! In this same span, sales grew by 13.8 percent year-over-year 8th on this list the. 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