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Value of global chemical shipments by segment 2017

Value of global chemical shipments in 2017 by segment (in billion U.S. dollars)

Value of global chemical shipments by segment 2017 This statistic shows the value of all global chemical shipments in 2017, broken down by segment. In that year, basic chemical shipments worldwide were worth more than 2.4 trillion U.S. dollars. Thus, basic chemicals were the largest chemical segment.
Global chemical shipments

In 2017, basic chemicals including inorganics, bulk petrochemical and intermediates, and plant resins made up the majority of global chemical shipments, totaling over 2.4 trillion U.S. dollars. Agricultural chemicals generated 450 billion U.S. dollars in shipment value in the same year. The chemical industry infiltrates many sectors and national economies. Chemical production and usage are important for employment, trade, and economic growth. However, impacts on environmental and human health must also be considered. Many governments around the world have established guidelines or legislature to determine how to manage transportation and storage of hazardous chemicals. Chemical management programs and international conventions and institutions also exist to properly manage the growing volume of chemicals worldwide.

In 2009, Asia accounted for about 41 percent of the world’s chemical industry’s market share and has increased to 57.9 percent in 2017. During that time, Europe and NAFTA’s share of the industry had decreased to some 21.4 percent and 16.5 percent, respectively, in 2017. The global chemical industry has grown in the past decade from 1.78 trillion U.S. dollars in shipments in 2002 to 4.25 billion U.S. dollars in 2017. In the United States, chemical shipments were valued at 765 billion U.S. dollars in 2017.
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Value of global chemical shipments in 2017 by segment (in billion U.S. dollars)

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This statistic shows the value of all global chemical shipments in 2017, broken down by segment. In that year, basic chemical shipments worldwide were worth more than 2.4 trillion U.S. dollars. Thus, basic chemicals were the largest chemical segment.
Global chemical shipments

In 2017, basic chemicals including inorganics, bulk petrochemical and intermediates, and plant resins made up the majority of global chemical shipments, totaling over 2.4 trillion U.S. dollars. Agricultural chemicals generated 450 billion U.S. dollars in shipment value in the same year. The chemical industry infiltrates many sectors and national economies. Chemical production and usage are important for employment, trade, and economic growth. However, impacts on environmental and human health must also be considered. Many governments around the world have established guidelines or legislature to determine how to manage transportation and storage of hazardous chemicals. Chemical management programs and international conventions and institutions also exist to properly manage the growing volume of chemicals worldwide.

In 2009, Asia accounted for about 41 percent of the world’s chemical industry’s market share and has increased to 57.9 percent in 2017. During that time, Europe and NAFTA’s share of the industry had decreased to some 21.4 percent and 16.5 percent, respectively, in 2017. The global chemical industry has grown in the past decade from 1.78 trillion U.S. dollars in shipments in 2002 to 4.25 billion U.S. dollars in 2017. In the United States, chemical shipments were valued at 765 billion U.S. dollars in 2017.
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