The market is dominated by foreign suppliers, as imports account for 54.7% of total market size in 2020. B2B drives market demand, with B2B spending representing 97.9% of total demand in 2020. Italy has the third largest market size for basic chemicals in the region, with demand reaching USD31.5 billion in 2020. Polynt Group is the largest company in Italy, generating 5.5% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 20.1% of total production value in 2020. The total number of companies decreases in 2020, to 789 units. The costs of the industry decrease by 11.4% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 8.3% of production value in 2020, the 16th highest in the region. With production value of USD17.6 billion, Italy accounts for 7.6% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Basic Chemicals in Italy: ISIC 2411. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Chemicals in Italy: ISIC 2411 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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