The business of chemistry is worldwide in scope, applying science to support and enhance the quality of life. It is a large, mature industry, with numerous suppliers and customers, although in some regions, the industry concentration can be quite high, with only a few producers. Chemical manufacturers in industrialized nations typically produce a wide variety of chemicals ranging from commodity industrial chemicals to specialty chemicals. In developing nations, domestic chemical production tends toward less complex chemistries such as fertilizers and inorganic commodity chemicals.
26%
Of chemical shipments exported globally
