Top 10 chemical manufacturers
Massive companies covering many industrial sectors, we list the biggest chemical manufacturers in the world based on revenue…
10 | Evonik Industries
As one of the leading manufacturers of specialty chemicals around the globe, Evonik Industries holds interests in many sectors including mining, real estate, chemicals and energy. Evonik also holds its own mining operation, a company that does business under the moniker of RAG-Evonik. Under its specialty chemical subsidiary, Evonik holds six large business units that include Health and Nutrition, Inorganic Materials, Performance Polymers, Coatings and Additives, Consumer Specialties and Advanced Intermediaries. The numbers for 2016 are under audit, but the company routinely pulls down revenues around $15.56bn, as it did in 2014, with a profit of $684mn. Evonik Industries employs 33,412 people as of 2014, a number that has definitely increased as the company has expanded operations in emerging markets.
9 | AkzoNobel N. V.
AkzoNobel is the number one manufacturer of paint on the planet. However, this is far from its only claim to fame. The company actually has three major divisions: Decorative Paints, Performance Coatings and Specialty Chemicals. Within these divisions, Akzo also produces salt and manufactures chemicals. The company has holdings in much of its own vertical production, using many of its raw materials to produce the more complex offerings that it brings to the market. Revenues hit $17.11bn in 2016 with a profit of $1.169bn. 46,000 people are employed by the company.
8 | SABIC Innovative Plastics US
When it comes to high performance polymers, SABIC Innovative Plastics is one of the top 10 companies in the chemical world. SABIC also holds an established presence in manufacturing computers, electronics, office equipment and automotive products. Among its subsidiaries are Resins, Polymershapes and Lexan Brand. The company brought down revenues of $18.5bn with a net income of $989.7mn in 2016. SABIC Innovative Plastics also employs over 29,000 people.
7 | Asahi Kasei Corporation
Originally hailing from the Japanese chemical market, Asahi Kasei has expanded to become one of the top chemical producers in the entire world. Its operations occur in six segments: construction materials, electronic materials, medical products, prefabricated homes, the fibers unit and the chemicals segment. Prefabricated homes and chemicals account for around 75% of company sales, although fertilizer is another big seller for the business that posted a 2016 revenue of $18.5bn.
6 | Linde AG
Within the world of engineering and petroleum, Linde AG is one of the most formidable companies with an international presence that spans more than 100 countries. Within the gas industry, Linde maintains four products that include bulk gases, gases for healthcare, on-site gas and cylinder gas. The company also constructs processing plants for the petrochemical, gas manufacturing and pharmaceutical industries. Revenues expanded to $20.43bn in 2016 with a profit of $1.62bn. The company employs just under 60,000 people around the world.
5 | Air Liquide
With interests in health care, engineering and chemicals, Air Liquide is a top industrial gas supplier to many companies within electronic and chemical manufacturing. The company also has operations in more than 80 countries because of its services within the medical sector. By revenue, Air Liquide is the number one industrial gas supplier around the globe. The latest numbers on the company show a revenue of $19.73bn with a profit of $2.12bn. The company employs around 68,000 people in total.
4 | Mitsubishi Chemical Holdings
The brand is best known for its sleek and inexpensive cars, but the Mitsubishi Chemical Holdings company is just as formidable in petrochemicals. Specialising in polyolefins, Mitsubishi Chemicals produces polyethylene, purified terephthalic acid, polypropylene and polycarbonate. The company is by far the number one producer in Japan. Around the world, its subsidiaries Mitsubishi Tanabe Pharma and Mitsubishi Plastics help to expand company operations internationally. The latest numbers on Mitsubishi Chemical Holdings show a revenue stream of $22.8bn. In total, the company employs just over 54,000 people under all of its various umbrellas.
3 | DuPont
It is hard to believe that DuPont – which today employs 52,000 people – was originally founded as a gunpowder mill. Today, it stands as one of the most evenly diversified companies on this list. DuPont chemical products include Tedlar, Vespel, Zytel, Nomex, Nylon, Orlon, Sorona, Corian, Kevlar, Kalrez, Mylar, Kapton and Zodiaq. It is perhaps best well known for the development of the polymer known as Teflon and the refrigerant Freon. However, it also develops Lycra, M5 fiber, Zemdrain and Tyvek polymers. The company hit a 2016 revenue of $25.268bn and employs over 52,000 people.
2 | The Dow Chemical Company
Very few companies can compete with the Dow Chemical Company when it comes to integrated production. Dow Chemical produces hydrocarbons, agrochemicals, plastics and chemicals on a global scale and is the biggest chemical manufacturing company in the United States. It is second only to BASF as the top chemical company in the world. On top of this, Dow Chemical specialises in performance plastics that include engineering plastics and polyurethane. It produces almost all of the chemicals for its Dow Automotives subsidiary as well, and other companies use its chemicals in at least 6,000 finished products that are sold in 35 countries. Dow Chemical is the top producer in the world of chlorine and caustic soda. It is also a top producer of styrofoam, among many other products such as ethylene dichloride and vinyl chloride monomer. In 2016, the company brought down $48.158bn in revenue and enjoyed a $4.404bn profit. The company employs at least 56,000 people as of 2016.
1 | BASF SE
The number one chemical producer in the world is BASF SE. This company produces chemicals for at least 300,000 customers across five major segments that include Agricultural Solutions, Performance Products, Chemicals, Oil and Gas, and Functional Materials. The company specialises in many products, but is perhaps best known for its insecticides, battery materials, vitamins and paper products. The company earned $69.31bn in revenue in 2016 and employs 113,830 people while enjoying a profit of $4.884bn.