Malaysia Chemicals and Allied Products Market (2024-2030) | Outlook, Revenue, Share, Value, Companies, Industry, Growth, Analysis, Forecast, Size, Trends

Malaysia Chemicals and Allied Products Market Synopsis

The chemicals and allied products market in Malaysia is expected to register a CAGR of 5.6% during the forecast period (2020-2026). The increasing number of pharmaceutical companies, coupled with the rising demand for specialty chemicals from various industries, such as automotive, food & beverages, construction, and healthcare are expected to drive the growth of the market. Additionally, government initiatives encouraging foreign investments in the country have also provided impetus to this sector. Furthermore, increasing production capacities by local manufacturers along with a well-established logistics infrastructure are some other factors that are projected to favor market growth over the forthcoming years

Key Growth Drivers of The Market

The Malaysia chemical industry witnessed an impressive 5% growth rate between 2014 and 2017 due its immense potential and strong fundamentals driven mainly by low cost energy sources and supportive government policies. It has become one of Southeast Asia?s leading hubs for manufacturing petrochemicals due to its strategic location near major oil producers such as Saudi Arabia and Indonesia as well as direct access to large consumer markets like China. In addition, Malaysia offers numerous incentives for foreign investors ranging from tax exemption schemes on profits derived from certain activities or businesses under specific criteria set out by MIDA (Malaysia Investment Development Authority) or MyIPO (Intellectual Property Corporation Of Malaysia). This has attracted many international investors into setting up their regional headquarters within Kuala Lumpur itself followed by several research centers located around Iskandar Puteri which further bolsters investments into this region

Key Players of The Market

The key players operating in this space include BASF SE; DowDuPont Inc.; ExxonMobil Chemical Company; AkzoNobel N.V.; Lotte Chemical Titan Holding Berhad; Petronas Chemicals Group Berhad; Sime Darby Oleochemical; Celanese Corporation ; Mitsubishi Rayon Co., Ltd.; Eastman Chemical Company ; Wacker Chemie AG , among others

Key Highlights of the Report:

• Malaysia Chemicals and Allied Products Market Outlook
• Market Size of Malaysia Chemicals and Allied Products Market, 2023
• Forecast of Malaysia Chemicals and Allied Products Market, 2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Revenues & Volume for the Period 2020-2030
• Malaysia Chemicals and Allied Products Market Trend Evolution
• Malaysia Chemicals and Allied Products Market Drivers and Challenges
• Malaysia Chemicals and Allied Products Price Trends
• Malaysia Chemicals and Allied Products Porter's Five Forces
• Malaysia Chemicals and Allied Products Industry Life Cycle
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Types for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By General Chemical Product for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Paints And Coatings for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Pesticides And Other Agricultural Chemicals for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Fertilizer for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Synthetic Rubber And Fibers for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Applications for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Household for the Period 2020-2030
• Historical Data and Forecast of Malaysia Chemicals and Allied Products Market Revenues & Volume By Commercial for the Period 2020-2030
• Malaysia Chemicals and Allied Products Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Applications
• Malaysia Chemicals and Allied Products Top Companies Market Share
• Malaysia Chemicals and Allied Products Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Chemicals and Allied Products Company Profiles
• Malaysia Chemicals and Allied Products Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):