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    US Commodity Chemicals Market

    ID: MRFR/CnM/11473-CR
    100 Pages
    Garvit Vyas
    December 2023

    US Commodity Chemicals Market Research Report Information By Product (Ester, Ether, Amine, Alcohol, Aliphatic Hydrocarbon, Aromatic Hydrocarbon, Chlorinated Solvents, Ketones, Fatty Chemicals, Chelating Agents), By End-Use (Plastics & Rubber, Electronics & IT, Food & Beverages, Pharmaceuticals & Personal Care, Building & Construction, Automotive, Agriculture, Mining, Oil & Gas, Household Industrial and Institutional (HI & I)) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forec...

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    US Commodity Chemicals Market Infographic
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    US Commodity Chemicals Market Summary

    The US Commodity Chemicals market is projected to experience substantial growth, reaching 541.32 USD Billion by 2035.

    Key Market Trends & Highlights

    US Commodity Chemicals Key Trends and Highlights

    • The market valuation for US Commodity Chemicals is estimated at 235.94 USD Billion in 2024.
    • From 2025 to 2035, the market is expected to grow at a compound annual growth rate of 7.84%.
    • By 2035, the market is anticipated to expand to 541.32 USD Billion, indicating robust demand.
    • Growing adoption of sustainable practices due to environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 235.94 (USD Billion)
    2035 Market Size 541.32 (USD Billion)
    CAGR (2025 - 2035) 7.84%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Commodity Chemicals Market market include

    Report Scope

    Report Attribute/Metric Details
    Market Size 2022 USD 5.5 billion
    Market Size 2023 USD 5.67 billion
    Market Size 2032 USD 7.32 billion
    Compound Annual Growth Rate (CAGR) 3.23% (2023-2032)
    Base Year 2022
    Market Forecast Period 2023-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type and Application
    Geographies Covered Asia Pacific, North America, Europe, and the Rest of the World
    Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled DowDuPont Inc., Engen Petroleum Ltd., ExxonMobil Corporation, and Total S.A.
    Key Market Opportunities ·Growth opportunities from emerging economies in the Middle East
    Key Market Dynamics Replacement of turpentine with mineral spirits

    FAQs

    What is the expected market size of the US Commodity Chemicals Market in 2024?

    The US Commodity Chemicals Market is expected to be valued at 126.82 billion USD in 2024.

    What is the projected market size of the US Commodity Chemicals Market by 2035?

    By 2035, the market is projected to reach 238.12 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Commodity Chemicals Market from 2025 to 2035?

    The expected CAGR for the US Commodity Chemicals Market from 2025 to 2035 is 5.895 percent.

    Which product segments are included in the US Commodity Chemicals Market?

    The market is divided into ester, ether, amine, alcohol, and aliphatic hydrocarbon.

    What is the market value of esters in the US Commodity Chemicals Market for 2024?

    Esters are valued at 23.32 billion USD in 2024.

    What is the estimated market value of alcohol in the US Commodity Chemicals Market by 2035?

    The alcohol segment is estimated to be valued at 68.59 billion USD by 2035.

    Who are the key players in the US Commodity Chemicals Market?

    Major players in the market include Celanese, ExxonMobil, Westlake Chemical, and BASF, among others.

    What is the market value of ethers in the US Commodity Chemicals Market for 2024?

    Ethers are projected to have a market value of 15.76 billion USD in 2024.

    What is the expected market size for aliphatic hydrocarbons in 2035?

    Aliphatic hydrocarbons are expected to reach a market size of 50.73 billion USD in 2035.

    What are the main growth drivers for the US Commodity Chemicals Market?

    The main growth drivers include increasing demand across various end-use industries and technological advancements.

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    Case Study
    Chemicals and Materials