Inorganic chemicals are a combination of two or more elements other than carbon. Carbon monoxide, carbon dioxide, carbides, carbonates, and cyanides are exceptions, as these are inorganic chemicals despite having carbon. Rising demand for inorganic chemicals in the fertilizers industry is expected to be one of the prime factors driving market growth.

Inorganic Chemicals Market Taxonomy:

On the basis of product type, the global market is classified into:
• Ammonia
• Chlor alkali
• Ammonium nitrate
• Ammonium sulfate
• Inorganic acid
• Sodium hydroxide
• Hydrogen peroxide
• Oxygen
• Nitrogen

Inorganic Chemicals Market Outlook – Surge in Demand for Ammonia for Agricultural Application Augmenting Market Growth:

Asia Pacific is expected to be one of the most lucrative markets of manufacturers of inorganic chemicals, due to strengthening of the economy and strong agricultural base in China, India, and South East Asian countries.

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Inorganic Chemicals Market – Regulatory Scenario:
• February 24, 2004, U.S. Department of State enforce the Rotterdam Convention as an international treaty designed to facilitate informed decision-making by countries with regard to trade in hazardous chemicals.
• January 01, 2006, The State Environment Protection Administration and the General Administration of Custom of China, In order to strictly prevent illegal export of toxic chemicals and earnestly improve the implementation of the Rotterdam Convention on the Prior Informed Consent Procedure for Certain Hazardous Chemicals Pesticides in International Trade and the Stockholm Convention on Persistent Organic Pollutants.

Key players : Akzo Nobel, BASF SE, Bayer, The Dow Chemicals Company, DuPont, Evonik Industries, Formosa Plastics, Ineos, LG Chem, LyondellBasell Industries, Mitsubishi Chemicals, Sabic, The Royal Dutch Shell, Sinopec, Sumitomo Chemicals. Strategic mergers and acquisitions.

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