World Business Council





CHEMICALS

Chair

The chemicals industry is a backbone of global manufacturing, supporting sectors like pharmaceuticals, agriculture, and consumer goods. China dominates global chemical production, followed by the U.S. and Europe. The industry is shifting towards sustainability, with companies focusing on green chemicals and reducing their carbon footprint.

The WBC Chemicals Council is actively contributing to the growth and sustainability of the global chemicals industry. By facilitating partnerships between chemical producers, research institutions, and regulatory bodies, the Council addresses key industry challenges, such as environmental impact and innovation in green chemistry. It supports members in navigating global regulations, promoting best practices in production and waste management. Looking ahead, the Council aims to drive efforts in chemical recycling, expand the use of sustainable materials, and foster innovation in biobased chemicals, ensuring a more environmentally responsible industry.



GLOBAL
Market Size
$4.5 Tr.

China

Business Volume: $1.5 Tr.

 

United States

Business Volume: $560 B

 

Germany

Business Volume: $230 B

Japan

Business Volume: $190 B

 

India

Business Volume: $150 B

 

South Korea

Business Volume: $120 B

France

Business Volume: $100 B

 

Brazil

Business Volume: $80 B

 

Russia

Business Volume: $75 B