What Are The Different Sectors Of Chemical Industry

chemical industry

The chemical industry is growing at a fast pace. It is due to the sudden increase in the demand for a wide range of chemicals. The outbreak of COVID-19 has increased the requirement of medicinal drugs in the pharmaceutical industries, medical centers, etc. Moreover, there is an increase in the demand for alcoholic chemicals for manufacturing sanitizers, chemical cleaners, etc. It has increased the graph of the chemical industries exponentially. This sudden increase is because of the technological advancements in chemical industries. We have known a lot about the chemical industries. Do you know about the different sectors of the chemical industry? 

According to the experts, the chemical industry is divided into two major sectors. These two sectors are specialty chemicals and commodity chemicals (also known as basic chemicals). The commodity chemicals are different from the specialty chemicals. Many chemical industries contribute to the manufacturing of commodity chemicals.

The commodity chemicals are manufactured in different ways, but the end product is usually the same.

Sometimes, there are small variations. Apart from the commodity sector and specialty sector, there are other domains as well. Depending on the sales of the chemical industries, they can be divided into four main sectors:

  • Basic Or Commodity Chemicals — This sector of the chemical industry produces almost 35 to 37 percent output. 
  • Life Sciences — The contribution of this sector is almost 30 percent of output. 
  • Specialty Chemicals — This is the most crucial sector, but the demand is only for specific purposes. It provides almost 20 to 25 percent output.
  • Consumer Products — This sector of the chemical industry will have a 10 percent output. 

Apart from the main sectors of the chemical industries, there are multiple sub-segments.

  • Chemical Wholesaling Industry
  • Organic Chemicals Industry
  • Inorganic Chemicals Industry
  • Fertilizer Manufacturing Industry
  • Pesticide Manufacturing Industry
  • Soap & Cleaning Compound Manufacturing Industry
  • Chemical Product Manufacturing Industry
  • Dye & Pigment Manufacturing Industry
  • Generic Pharmaceutical Manufacturing Industry

Here is a complete list of the major sectors of the chemical industries.

#1 Commodity Or Basic Chemicals

chemical manufacturer

These chemicals are inexpensive and are always available in bulk. There are multiple chemicals in the commodity chemical sector, in which there are all types of polymers, petrochemicals, industrial chemicals, fertilizers, and inorganic chemicals. Out of all the chemicals listed in this sector, polymers are available in large quantities.

#2 Specialty Chemicals

specialty chemicals

The specialty chemicals are known as fine chemicals. In the specialty chemicals sector, you can include adhesives, cleaning chemicals, chemicals for electronic items, sealants, etc. Specialty chemicals are used for special purposes. Therefore, they are not manufactured in bulk. Even if their demand is high, they are available in lower volumes. The petrochemicals listed as specialty chemicals are produced from the feedstock and manufactured in chemical plants. Specialty chemicals are usually expensive compared to commodity chemicals. The chemicals included in specialty chemicals are lubricants, cutting fluids, dyes, additives, adhesives, pigments, antioxidants, corrosion inhibitors, and more. The specialty chemicals are prepared by blending specific properties of multiple chemical elements. 

#3 Life Science Chemicals

These chemicals are based on life science products. These chemicals are extracted from biological substances, including, plants and animals (or other life forms). These chemicals are applied in the manufacturing of pharmaceutical drugs. Apart from it, they are applicable in the production of herbicides, insecticides, and fungicides.

#4 Science and Technology Chemicals

In the chemical sector of science and technologies, there are new chemicals listed. These chemicals are prepared with the support of advanced technologies and techniques. The raw material used in the preparation of this is specialty chemicals. They help in improvising the overall chemical properties of the new products.

#5 Chemical Industry Sector, Including The Consumer Products

The chemicals listed in the consumer sector of the chemical industry are daily-use products. For instance, detergents, soaps, cleaners, and cosmetics.

The chemicals used in the manufacturing of these chemical products are usually sulfuric acid, oxygen, ethylene, phosphoric acid, nitrogen, ammonia, chlorine, polyethylene, lime, propylene and. This sector contributes almost 0.8 to 1.0 percent to the GDP of the country.

Considering the entire chemical industry, you get to know various facts and insights about it. Nowadays, you can observe the reliance of the chemical industry on raw materials. If the quality of raw materials is good, the end product is best. If the raw materials are substandard, you will not get the desired results.

Summary

If you are in search of chemicals or manufacturing units, consult Tatva Chintan. They provide a wide range of industrial chemicals. You can visit the website and browse the products section. You can directly reach out to the professionals through the contact us section. The staff will let you know everything about the availability and pricing of the chemicals.

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