OTHER SECTORS

BASIC CHEMICALS AND CHEMICAL RAW MATERIALS (B2B CHEMICALS)

Edition 3
Publication Year February, 2020
Country Greece
Price 590.00€

BASIC CHEMICALS AND CHEMICAL RAW MATERIALS (B2B CHEMICALS)

A significant number of businesses operate in the sector of "B2B" chemicals (chemical raw materials and basic chemicals). Most companies have developed mixed activity as regards both the products under consideration (production and imports-trading) and chemicals in the wider sense (combination of final and intermediate products).
The size of the domestic market for basic chemicals and chemical raw materials (B2B chemicals) fluctuated during 2006-2016. In particular, the impressive increase in the overall size of the domestic market (in value) over the two years 2007-2008 was followed by an average annual fall of 5% over the next five years. This downward trend was halted in 2014, with the market showing signs of recovery, as the upward trend continued in the years 2015-2016. The total value increased by about 1% in 2016 compared to 2015.
The domestic market size increased by 3.1% in 2018 compared to 2017. The upward trend of the market continued in 2019 at a lower rate (1%).
As regards the overall market of B2B chemicals, the category of specialty chemicals had a share of 57% share, followed by the "petrochemical-polymer" category with 43%.
Most of the chemical raw materials are directed to the plastics and rubber industry with a share of 36%, in 2018. Chemicals used in medicines, cosmetics and detergents follow, with a share of 14%, during the same year.