Top 20 Chemical Raw Materials Manufacturing Companies in 2023

Welcome to the world of chemical manufacturing, where the demand for top quality raw materials is ever-increasing. In 2023, the chemical industry continues to grow and evolve, with numerous companies striving to meet the demands of consumers worldwide.

In this article, we will introduce you to the top 20 chemical raw materials manufacturing companies in 2023, based on their revenue, market share, innovation, and impact on the industry.

These companies are at the forefront of the chemical industry, producing a range of essential raw materials used in various products, from pharmaceuticals and plastics to personal care and industrial applications.

Whether you are a researcher, a business owner, or simply interested in the chemical industry, this list will give you a glimpse of the top players in the field.

here is a list of some of the top chemical raw materials manufacturing companies as of my knowledge cutoff date:

1. BASF SE
2. Dow Chemical Company
3. ExxonMobil Chemical Company
4. DuPont de Nemours, Inc.
5. LyondellBasell Industries N.V.
6. SABIC
7. AkzoNobel N.V.
8. Mitsubishi Chemical Corporation
9. Formosa Plastics Corporation
10. Royal Dutch Shell PLC
11. INEOS Group Limited
12. Huntsman Corporation
13. Sumitomo Chemical Company, Limited
14. Evonik Industries AG
15. The Chemours Company
16. Clariant International AG
17. Covestro AG
18. Eastman Chemical Company
19. Saudi Basic Industries Corporation (SABIC)
20. Solvay SA

BASF SE

BASF SE is a German multinational chemical company and one of the largest chemical producers in the world. With its headquarters in Ludwigshafen, Germany, BASF operates in over 80 countries and employs over 110,000 people.

The company’s portfolio includes a wide range of chemical products, including petrochemicals, plastics, performance chemicals, agricultural chemicals, and fine chemicals. BASF’s innovative solutions are used in numerous industries, including automotive, construction, agriculture, and healthcare.

In recent years, BASF has focused on sustainability, developing products and processes that are more environmentally friendly and promoting the circular economy. With its strong commitment to innovation and sustainability, BASF is a key player in the chemical industry and a company to watch in the years ahead.

Dow Chemical Company

The Dow Chemical Company, commonly referred to as Dow, is an American multinational chemical corporation headquartered in Midland, Michigan. Dow operates in over 160 countries and employs approximately 36,500 people worldwide.

The company’s portfolio includes a wide range of products, such as plastics, chemicals, agricultural products, and performance materials, used in industries ranging from automotive and construction to food and personal care.

Dow has been a leader in sustainability, setting ambitious goals to reduce its environmental impact and promote a circular economy. The company has also been recognized for its innovation, earning numerous patents and investing in research and development.

With its broad portfolio of products and commitment to sustainability and innovation, Dow is a key player in the chemical industry.

ExxonMobil Chemical Company

ExxonMobil Chemical Company is a subsidiary of ExxonMobil, one of the largest oil and gas companies in the world.

ExxonMobil Chemical is a major producer of olefins, aromatics, polyethylene, and polypropylene, used in a wide range of products, including packaging, automotive parts, and construction materials.

The company operates in over 40 countries and has more than 11,000 employees. ExxonMobil Chemical is known for its focus on innovation and technology, with a strong commitment to research and development.

The company has developed several breakthrough technologies, including a process to make ethylene from natural gas, and a technology to make lubricant base oils from natural gas.

With its strong focus on innovation, technology, and product quality, ExxonMobil Chemical is a major player in the global chemical industry.

DuPont de Nemours, Inc.

DuPont de Nemours, Inc., commonly known as DuPont, is an American multinational chemical company based in Wilmington, Delaware.

The company was founded in 1802 and has since grown to become one of the largest chemical companies in the world, operating in over 70 countries with approximately 35,000 employees.

DuPont’s portfolio includes a wide range of products, including chemicals, plastics, agricultural products, and industrial materials. The company is known for its focus on innovation and has developed several groundbreaking technologies, including synthetic fibers and Teflon.

In recent years, DuPont has also focused on sustainability, setting ambitious goals to reduce its environmental footprint and promote a circular economy. With its long history, broad portfolio of products, and commitment to innovation and sustainability, DuPont is a major player in the global chemical industry.

LyondellBasell Industries N.V.

LyondellBasell Industries N.V. is a multinational chemical company based in the Netherlands and the United States. The company was formed in 2010 as a merger between Dutch chemical company Lyondell and American polyolefins producer Basell.

With more than 19,000 employees and operations in over 100 countries, LyondellBasell is one of the largest plastics, chemicals, and refining companies in the world.

The company’s products include polyethylene, polypropylene, polyolefins, and other chemical products used in a range of industries, from packaging and automotive to construction and electronics.

LyondellBasell is also known for its focus on sustainability, having set ambitious goals to reduce its environmental impact and promote a circular economy. With its strong portfolio of products and focus on sustainability, LyondellBasell is a key player in the global chemical industry.

SABIC

SABIC, or Saudi Basic Industries Corporation, is a Saudi Arabian multinational chemical manufacturing company.

The company is one of the largest petrochemicals manufacturers in the world, producing a range of products including plastics, chemicals, fertilizers, and metals. SABIC has operations in over 50 countries and employs more than 33,000 people.

The company’s products are used in a wide range of industries, including construction, automotive, and packaging. SABIC is also known for its focus on innovation, having developed several patented technologies in the field of petrochemicals.

In recent years, the company has also prioritized sustainability, with a focus on reducing waste, energy efficiency, and carbon footprint reduction. With its significant presence in the global petrochemicals industry, commitment to innovation, and focus on sustainability, SABIC is a major player in the chemical industry.

AkzoNobel N.V.

AkzoNobel N.V. is a Dutch multinational company specializing in the manufacturing of paints, coatings, and specialty chemicals. The company operates in over 150 countries and has more than 32,000 employees worldwide.

AkzoNobel’s products are used in a variety of industries, including construction, aerospace, automotive, and consumer goods. The company is known for its focus on sustainability, having set ambitious targets to reduce its carbon footprint, increase the use of renewable energy sources, and promote the circular economy.

AkzoNobel is also recognized for its innovation, having developed several patented technologies, including a new generation of coatings that use less energy and emit fewer greenhouse gases during application.

With its strong focus on sustainability, innovation, and product quality, AkzoNobel is a major player in the chemical industry.

Mitsubishi Chemical Corporation

Mitsubishi Chemical Corporation is a Japanese multinational chemical company and a subsidiary of the Mitsubishi Chemical Holdings Corporation.

The company produces a wide range of chemical products, including resins, fibers, films, and electronic materials. Mitsubishi Chemical’s products are used in various industries, such as automotive, electronics, and healthcare.

The company has a strong focus on research and development, with a number of research centers and laboratories around the world. Mitsubishi Chemical is also committed to sustainability, setting targets to reduce its carbon footprint and promote the circular economy.

The company has developed several innovative technologies, including a process to convert biomass into chemicals and a new generation of lightweight materials for use in automobiles. With its focus on innovation and sustainability, Mitsubishi Chemical is a major player in the global chemical industry.

Formosa Plastics Corporation

Formosa Plastics Corporation is a Taiwanese multinational company that produces a range of chemical products, including petrochemicals, plastics, fibers, and synthetic rubber.

The company operates in over 20 countries and has approximately 28,000 employees. Formosa Plastics’ products are used in a wide range of industries, including construction, automotive, and electronics.

The company has a strong focus on innovation, with a number of research and development centers around the world. Formosa Plastics is also committed to sustainability, with a focus on reducing its environmental impact through the efficient use of resources and the development of new, more sustainable products.

With its broad portfolio of products and commitment to innovation and sustainability, Formosa Plastics is a significant player in the global chemical industry.

Royal Dutch Shell PLC

Royal Dutch Shell PLC is a British-Dutch multinational oil and gas company with a significant presence in the chemical industry. The company operates in over 70 countries and employs approximately 87,000 people.

Shell produces a range of chemicals, including olefins, aromatics, and derivatives used in various industries, including automotive, construction, and consumer goods. Shell is also known for its focus on innovation and technology, having developed several groundbreaking technologies in the field of petrochemicals.

In recent years, Shell has also prioritized sustainability, with a focus on reducing its carbon footprint, increasing the use of renewable energy sources, and promoting the circular economy.

With its significant presence in the global petrochemicals industry, focus on innovation and technology, and commitment to sustainability, Shell is a major player in the chemical industry.

INEOS Group Limited

INEOS Group Limited is a British multinational chemical company that produces a wide range of chemicals and petrochemicals used in various industries. The company operates in over 30 countries and has more than 22,000 employees.

INEOS’ products include olefins, polyolefins, aromatics, and specialty chemicals, used in industries ranging from automotive and construction to healthcare and cosmetics.

The company is known for its focus on innovation, having developed several patented technologies in the field of petrochemicals. In recent years, INEOS has also prioritized sustainability, setting ambitious goals to reduce its environmental impact and promote the circular economy.

The company has invested in renewable energy sources, including wind power, and has developed a range of more sustainable products, such as biodegradable plastics. With its strong focus on innovation, sustainability, and product quality, INEOS is a major player in the global chemical industry.

Huntsman Corporation

Huntsman Corporation is an American multinational chemical company based in Texas, with operations in over 30 countries and approximately 10,000 employees worldwide.

The company produces a wide range of chemicals, including polyurethanes, epoxy resins, and performance products used in various industries, including aerospace, automotive, and construction.

Huntsman is known for its focus on innovation, having developed several groundbreaking technologies, including a process to convert carbon dioxide into polyols used in polyurethane production.

The company has also prioritized sustainability, setting targets to reduce its environmental impact, increase the use of renewable energy sources, and promote the circular economy. With its strong focus on innovation, sustainability, and product quality, Huntsman is a major player in the global chemical industry.

Sumitomo Chemical Company, Limited

Sumitomo Chemical Company, Limited is a Japanese multinational chemical company that produces a range of chemical products, including petrochemicals, plastics, and fine chemicals. The company operates in over 30 countries and employs approximately 33,000 people worldwide.

Sumitomo Chemical’s products are used in various industries, including automotive, construction, and healthcare. The company has a strong focus on research and development, with a number of research centers and laboratories around the world.

Sumitomo Chemical is also committed to sustainability, with a focus on reducing its environmental impact through the efficient use of resources and the development of new, more sustainable products.

The company has developed several innovative technologies, including a process to produce petrochemicals from carbon dioxide and a new generation of materials for use in electronic devices. With its focus on innovation and sustainability, Sumitomo Chemical is a major player in the global chemical industry.

Evonik Industries AG

Evonik Industries AG is a German multinational chemical company that produces a range of specialty chemicals used in various industries, including automotive, construction, and electronics.

The company operates in over 100 countries and has approximately 33,000 employees worldwide. Evonik’s products include specialty chemicals, polymers, and animal nutrition products.

The company is known for its focus on innovation, having developed several patented technologies, including a new generation of materials for use in electronic devices and a process to produce specialty chemicals from renewable resources.

Evonik is also committed to sustainability, setting targets to reduce its environmental impact and promote the circular economy. With its strong focus on innovation, sustainability, and product quality, Evonik is a major player in the global chemical industry.

The Chemours Company

The Chemours Company is an American multinational chemical company based in Wilmington, Delaware. The company was formed in 2015 as a spin-off from DuPont and operates in over 40 countries with approximately 7,000 employees.

Chemours produces a range of chemicals, including titanium dioxide, fluoroproducts, and refrigerants, used in various industries, including automotive, construction, and consumer goods.

The company is known for its focus on innovation, having developed several patented technologies, including a new process to produce titanium dioxide with lower carbon emissions. Chemours is also committed to sustainability, setting targets to reduce its environmental impact and promote the circular economy.

With its strong focus on innovation, sustainability, and product quality, Chemours is a significant player in the global chemical industry.

Clariant International AG

Clariant International AG is a Swiss multinational chemical company that produces a range of specialty chemicals used in various industries, including automotive, construction, and consumer goods.

The company operates in over 100 countries and has approximately 17,000 employees worldwide. Clariant’s products include additives, pigments, and catalysts used in various applications, including plastics, coatings, and detergents.

The company is known for its focus on innovation, having developed several patented technologies, including a new generation of pigments for use in automotive coatings and a process to produce biodegradable detergents.

Clariant is also committed to sustainability, setting targets to reduce its environmental impact and promote the circular economy. With its strong focus on innovation, sustainability, and product quality, Clariant is a significant player in the global chemical industry.

Covestro AG

Covestro AG is a German multinational chemical company that produces a range of polymers and high-performance plastics used in various industries, including automotive, construction, and electronics.

The company operates in over 30 countries and has approximately 17,000 employees worldwide. Covestro’s products include polycarbonates, polyurethanes, and thermoplastic polyurethanes, used in applications such as automotive glazing, insulation, and coatings.

The company is known for its focus on innovation, having developed several patented technologies, including a new generation of polycarbonates with improved UV stability and a process to produce thermoplastic polyurethanes with renewable resources.

Covestro is also committed to sustainability, setting targets to reduce its environmental impact and promote the circular economy.

With its strong focus on innovation, sustainability, and product quality, Covestro is a significant player in the global chemical industry.

Eastman Chemical Company

Eastman Chemical Company is an American multinational chemical company based in Kingsport, Tennessee. The company operates in over 100 countries and has approximately 14,500 employees worldwide.

Eastman produces a range of chemicals, including plastics, fibers, and specialty chemicals, used in various industries, including automotive, construction, and consumer goods.

The company is known for its focus on innovation, having developed several patented technologies, including a new generation of high-performance plastics for use in automotive and aerospace applications and a process to produce cellulosic materials from sustainable sources.

Eastman is also committed to sustainability, setting targets to reduce its environmental impact and promote the circular economy. With its strong focus on innovation, sustainability, and product quality, Eastman is a significant player in the global chemical industry.

Saudi Basic Industries Corporation (SABIC)

Saudi Basic Industries Corporation, commonly known as SABIC, is a Saudi Arabian multinational chemical manufacturing company. SABIC is one of the largest petrochemicals manufacturers in the world, producing a range of products including plastics, chemicals, fertilizers, and metals.

The company operates in over 50 countries and employs more than 33,000 people. SABIC’s products are used in a wide range of industries, including construction, automotive, and packaging.

The company is also known for its focus on innovation, having developed several patented technologies in the field of petrochemicals. In recent years, SABIC has prioritized sustainability, with a focus on reducing waste, energy efficiency, and carbon footprint reduction.

With its significant presence in the global petrochemicals industry, commitment to innovation and technology, and focus on sustainability, SABIC is a major player in the chemical industry.

Solvay SA

Solvay SA is a Belgian multinational chemical company that produces a wide range of specialty chemicals and advanced materials used in various industries, including aerospace, automotive, and electronics.

The company operates in over 60 countries and employs approximately 24,500 people worldwide. Solvay’s products include additives, polymers, and surfactants used in various applications, including plastics, coatings, and detergents.

The company is known for its focus on innovation, having developed several patented technologies, including a new generation of high-performance polymers for use in automotive and aerospace applications and a process to produce soda ash with lower carbon emissions.

Solvay is also committed to sustainability, setting targets to reduce its environmental impact and promote the circular economy. With its strong focus on innovation, sustainability, and product quality, Solvay is a significant player in the global chemical industry.

In conclusion, the top 20 chemical raw materials manufacturing companies in 2023 are a diverse group of multinational corporations that produce a wide range of chemical products used in various industries.

These companies are known for their focus on innovation, sustainability, and product quality, and have developed several patented technologies that have revolutionized the chemical industry.

Many of these companies have set ambitious targets to reduce their environmental impact and promote the circular economy, reflecting their commitment to sustainability.

With their significant presence in the global chemical industry, these companies play a crucial role in shaping the future of the industry and driving innovation and progress.