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Leading chemical companies - statistics & facts

As a whole, the global chemical industry consists of many companies, but is dominated by a handful of top players. These companies have secured the top five places in the chemistry business worldwide. Accounting for more than one-tenth of global chemical exports, Germany has always been a stronghold of the global chemical industry, thus, it is no wonder that BASF, a German company, ranks as the number one chemical company worldwide based on revenue. Two United States-based companies – Dow and LyondellBasell – are also among the world's top five chemical companies based on revenue. This top five ranking is completed by Mitsubishi Chemical Holdings from Japan, and LG Chem from South Korea.

Revenue comparison of the leading chemical companies

BASF made some 59.15 billion euros of revenue in 2020, making it the world’s largest chemical company based on revenue. German chemical and pharmaceutical company Bayer had 41.4 billion euros of revenue in 2020 but was not included in the ranking due to the pharmaceutical aspect of the business. Dow, the second largest chemical company to be included in the ranking based on revenue reported around 38.54 billion U.S. dollars of total revenue that year. The third, fourth, and fifth leading companies had relatively close revenues: Mitsubishi Chemical Holdings with nearly 30 billion U.S. dollars, LG Chem with 29.37 billion U.S. dollars, and LyondellBasell with 29.34 billion U.S. dollars.

Another angle: chemical companies by net income

French chemical company Air Liquide was the leader in the 2021 ranking of the leading global chemical companies based on net income, generating some 2.97 billion U.S. dollars of net income in 2020. In second place, industrial gases and chemical company Linde generated 2.91 billion U.S. dollars in net income that year. BASF, the world's largest chemical company based on revenue did not make the top ten in terms of net income value, as the company actually made a net loss of 1.06 billion euros in 2020.

Chemical industry employment: company snapshots

Chemical companies are important employers. Alone, the leading fifteen chemical companies based on employees provide employment to hundreds of thousands of people all over the world. In 2020, BASF employed some 110,302 people, making them the largest employer in the chemical industry worldwide. In the same year, the second-largest employer Linde employed some 71,700 people, and Mitsubishi Chemical Holdings Corporation employed some 69,610 people.

Key figures

The most important key figures provide you with a compact summary of the topic of "Top chemical companies" and take you straight to the corresponding statistics.

BASF

Dow Chemical

LyondellBasell Industries

Interesting statistics

In the following 6 chapters, you will quickly find the 31 most important statistics relating to "Top chemical companies".

Top chemical companies

Dossier on the topic

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Leading chemical companies - statistics & facts

As a whole, the global chemical industry consists of many companies, but is dominated by a handful of top players. These companies have secured the top five places in the chemistry business worldwide. Accounting for more than one-tenth of global chemical exports, Germany has always been a stronghold of the global chemical industry, thus, it is no wonder that BASF, a German company, ranks as the number one chemical company worldwide based on revenue. Two United States-based companies – Dow and LyondellBasell – are also among the world's top five chemical companies based on revenue. This top five ranking is completed by Mitsubishi Chemical Holdings from Japan, and LG Chem from South Korea.

Revenue comparison of the leading chemical companies

BASF made some 59.15 billion euros of revenue in 2020, making it the world’s largest chemical company based on revenue. German chemical and pharmaceutical company Bayer had 41.4 billion euros of revenue in 2020 but was not included in the ranking due to the pharmaceutical aspect of the business. Dow, the second largest chemical company to be included in the ranking based on revenue reported around 38.54 billion U.S. dollars of total revenue that year. The third, fourth, and fifth leading companies had relatively close revenues: Mitsubishi Chemical Holdings with nearly 30 billion U.S. dollars, LG Chem with 29.37 billion U.S. dollars, and LyondellBasell with 29.34 billion U.S. dollars.

Another angle: chemical companies by net income

French chemical company Air Liquide was the leader in the 2021 ranking of the leading global chemical companies based on net income, generating some 2.97 billion U.S. dollars of net income in 2020. In second place, industrial gases and chemical company Linde generated 2.91 billion U.S. dollars in net income that year. BASF, the world's largest chemical company based on revenue did not make the top ten in terms of net income value, as the company actually made a net loss of 1.06 billion euros in 2020.

Chemical industry employment: company snapshots

Chemical companies are important employers. Alone, the leading fifteen chemical companies based on employees provide employment to hundreds of thousands of people all over the world. In 2020, BASF employed some 110,302 people, making them the largest employer in the chemical industry worldwide. In the same year, the second-largest employer Linde employed some 71,700 people, and Mitsubishi Chemical Holdings Corporation employed some 69,610 people.

Interesting statistics

In the following 6 chapters, you will quickly find the 31 most important statistics relating to "Top chemical companies".

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