The market is dominated by domestic suppliers, as imports account for 9.7% of total market size in 2024. B2B drives market demand, with B2B spending representing 84.5% of total demand in 2024. China has the largest market size for photochemicals, explosives and other chemicals regionally, with demand reaching USD320 billion in 2024. Zhangge Huaqi Tannin Extract Co Ltd is the largest company in China, generating 11.5% of the industry’s total production value in 2024. The industry is fragmented, with the top three companies generating 14.5% of total production value in 2024. The total number of companies decreases in 2024, to 120,586 units. The costs of the industry decrease by 0.8% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.1% of production value in 2024, the 19th highest regionally. The industry’s exports share decreases in 2024 to 9.5% of total production output. With production value of USD324 billion, China accounts for 71.9% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Photochemicals, Explosives and Other Chemicals in China: ISIC 2429. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Photochemicals, Explosives and Other Chemicals in China: ISIC 2429 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Chemical Products in China report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
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- How the Chemical Products will perform in the future?
- Which categories are driving industry's growth?
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- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Photochemicals, Explosives and Other Chemicals in China: ISIC 2429
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MARKET OVERVIEW
Chemical Products
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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