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basic chemicals market shareProfit-Sources Analysis Report 2021-2030

  Basic Chemicals, including organic and inorganic chemicals are extensively used in the chemical industry to produce other chemical and non-chemical products. These chemicals find their applications in making of plastic, rubber, fiber, soaps & detergents, ink, solvents, and fertilizers. Over the past few years, the market for basic chemicals is growing rapidly and pervasively. Factors such as the demand for basic chemicals market share is driven by various major end-use industries such as automotive, packaging, transportation, electrical & electronic, agriculture, textile, pharmaceutical, and paints & coatings. Besides the growing packaging industry witnessing surging demand for packaged beverages and food products led by the burgeoning F&B industry escalates the market on the global heights, creating a huge demand for these chemicals. The Global Basic Chemicals Market is expected to reach over USD 650.5 Billion by 2030, with a CAGR of 4.20% from (2021–2030). Burgeoni