Commodity chemicals (or bulk commodities or bulk chemicals) are a group of chemicals that are made on a very large scale to satisfy global markets. The average prices of commodity chemicals are regularly published in the chemical trade magazines and web sites such as Chemical Week and ICIS. There have been several studies of the scale and complexity of this market for example in the USA.
Commodity Chemicals is a sub-sector of the chemical industry (other sub sectors are fine chemicals, speciality chemicals, inorganic chemicals, petrochemicals, pharmaceuticals, renewable energy (e.g. biofuels) and materials (e.g. biopolymers)) Commodity Chemicals are differentiated primarily by the bulk of their manufacture.
Video Commodity chemicals
Types
Chemical compounds are often classified into two classes, inorganic and organic.
Inorganic chemicals
Organic chemicals
Commonly traded commodity organic chemicals include:
Maps Commodity chemicals
Sectors
Commodity chemicals are produced to supply diverse but usually well-defined industrial needs. Some major sectors and their components are:
- plastics, synthetic fibers, synthetic rubber
- dyes, pigments, paints, coatings
- fertilizers, agricultural chemicals, pesticides
- cosmetics, soaps, cleaning agent, detergents
- pharmaceuticals
- mining
See also
- Speciality chemicals
- Fine chemicals
- Chemical industry
- Petrochemical
- Chemical plant
- Organic chemistry
- Commercial classification of chemicals
References
Source of the article : Wikipedia
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