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Leading European chemical companies based on revenue 2020

The leading chemical company in Europe based on revenue as of 2020 was BASF. In that year, the German based chemical company generated a revenue of approximately 67.7 billion U.S dollars. This was more than twice the revenue recorded by BASF’s nearest competitor that year, the Dutch company LyondellBasell Industries. BASF operates globally, with operations in chemicals, plastics, performance products, functional and agricultural solutions, and oil and natural gas.

European chemical industry's market shares in decline

Based on revenue, Europe’s market share of the global chemical industry is second only to Asia. Since 2009, however, the region’s global chemical market share has been on a gradual decline and fell to a low of 20.4 percent in 2015. Since then, European chemical market share has had some recovery, and by 2018 it amounted to 23.9 percent. In comparison, Asia’s chemical market share has been increasing annually: it reached 54 percent in 2018.

German chemical industry: the largest in Europe

  A large proportion of the leading chemical companies in Europe shown in this ranking are based in Germany. The German chemicals industry is by far the largest in Europe, generating a turnover of approximately 203 billion euros in 2018.

Revenue of the leading chemical companies in Europe in 2020

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Sources

Release date

June 2020

Region

Europe

Survey time period

2020 and 2020

Supplementary notes

This statistic has been compiled based on the latest available data as of June 2020.
Companies based in the United Kingdom have been excluded.

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