Basf Leads Return To Growth For Chemical Brands As Industry Rebounds

Basf Leads Return To Growth For Chemical Brands As Industry Rebounds Basf (brand value up 15% to us$8.3 billion) is leading the chemicals industry as chemicals brands across the world return to growth after the widespread disruption of the covid 19 pandemic, according to a new report from leading brand valuation consultancy, brand finance. “the covid 19 pandemic brought many restrictions across the world, which had very big and direct impacts on brand values in the chemicals industry,” david haigh, chairman and ceo of brand finance, said. “as the world looks to a post covid future, chemical industry brands, led by basf, are benefiting from strong demand for their products.

Basf Leads Return To Growth For Chemical Brands As Industry Rebounds “the covid 19 pandemic brought many restrictions across the world, which had very big and direct impacts on brand values in the chemicals industry,” david haigh, chairman and ceo of brand finance, said. “as the world looks to a post covid future, chemical industry brands, led by basf, are benefiting from strong demand for their products. Basf has been named the most valuable chemicals brand for the tenth consecutive year, according to a new report by brand finance, the world’s leading brand valuation consultancy. basf's brand value has increased by 11% to usd9.2 billion, reinforcing its dominant position in the industry and showcasing remarkable stability and leadership in the global chemicals sector. Global growth in the chemical industry was very weak overall in 2023 (2023: 1.7%, 2022: 2.1%), but varied greatly from region to region. while the chemical industry in china grew dynamically by 7.5% 1 on the basis of official figures, it shrank by 3.9% in the rest of the world as a whole. production losses were especially severe in the e.u. Outlook for the chemical industry. global chemical production (excluding pharmaceuticals) is expected to grow by 2.7% in 2024, faster than in the previous year (2023: 1.7%). we anticipate weak growth in production in the advanced economies following the sharp decline in the previous year (2024: 0.8%, 2023: –4.9%).

Basf Leads Return To Growth For Chemical Brands As Industry Rebounds Global growth in the chemical industry was very weak overall in 2023 (2023: 1.7%, 2022: 2.1%), but varied greatly from region to region. while the chemical industry in china grew dynamically by 7.5% 1 on the basis of official figures, it shrank by 3.9% in the rest of the world as a whole. production losses were especially severe in the e.u. Outlook for the chemical industry. global chemical production (excluding pharmaceuticals) is expected to grow by 2.7% in 2024, faster than in the previous year (2023: 1.7%). we anticipate weak growth in production in the advanced economies following the sharp decline in the previous year (2024: 0.8%, 2023: –4.9%). Basf claims 7 year stronghold at #1. cementing its position as the global industry leader, german juggernaut basf has once again defended its title as the world’s most valuable chemicals brand. despite celebrating 7 years at the top of the brand finance chemicals 25 ranking, basf has suffered another brand value decrease this year, dropping 8. Growth in the emerging markets is expected to slow slightly (2023: 4.4%, 2022: 4.8%). in china, the world’s largest chemical market, we are forecasting slightly weaker growth in chemical production of 5.9% (2022: 6.6%). we expect the opening of the chinese economy to bring with it higher growth in chinese domestic demand, especially in the.

юааbasfюаб Named Worldтащs Most Valuable юааchemicalsюаб юааbrandюаб For 7th Consecutive Basf claims 7 year stronghold at #1. cementing its position as the global industry leader, german juggernaut basf has once again defended its title as the world’s most valuable chemicals brand. despite celebrating 7 years at the top of the brand finance chemicals 25 ranking, basf has suffered another brand value decrease this year, dropping 8. Growth in the emerging markets is expected to slow slightly (2023: 4.4%, 2022: 4.8%). in china, the world’s largest chemical market, we are forecasting slightly weaker growth in chemical production of 5.9% (2022: 6.6%). we expect the opening of the chinese economy to bring with it higher growth in chinese domestic demand, especially in the.