Market Insights
The chemical licensing market refers to the process of granting licenses for the use, production, or distribution of chemical technologies, formulations, or products. It involves a licensor who owns the intellectual property rights to a particular chemical technology or product and grants permission to a licensee to use or commercialize it in exchange for certain fees or royalties.
New and innovative chemical technologies often drive the licensing market. Companies that develop novel chemical processes or products may choose to license their technology to other firms that have the resources and capabilities to commercialize them more effectively. Licensing can be an attractive option for companies seeking to share the costs and risks associated with developing and commercializing chemical technologies. By granting licenses, licensors can leverage the expertise, infrastructure, and market presence of licensees, while licensees can gain access to new technologies without having to invest in extensive research and development. Overall, the chemical licensing market is likely to rebound at a promising CAGR of 6.2%, in the long run, to reach USD 13.93 Billion in 2028.
Segments' Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Type Analysis
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C1 derivatives, C2 derivatives, C3 derivatives and C4 derivatives
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C2 derivatives is anticipated to remain the biggest demand generator in the years to come.
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End-user Analysis
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Oil & Gas and Chemical
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Oil and Gas end user industry is anticipated to have the largest market share in the forecasted year.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.
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Based on Type
The chemical licensing market is segmented into C1 derivatives, C2 derivatives, C3 derivatives, and C4 derivatives. C2 derivatives are expected to remain the largest in the market during the forecast period as they involve chemicals derived from two-carbon feedstocks, primarily ethylene. Ethylene is a key building block in the production of a wide range of chemicals, including polyethylene, ethylene oxide, ethylene glycol, and vinyl chloride. Ethylene-based derivatives have historically been in high demand due to their applications in plastics, packaging, and construction.
End-User Industry
The market is segmented into Oil & Gas and Chemical. Oil & Gas is expected to remain the dominant as well as the fastest-growing end-user industry in the market during the forecast period as it encompasses activities related to the exploration, production, refining, and distribution of petroleum and natural gas. It is a critical supplier of raw materials for the chemical industry, providing feedstocks such as ethylene, propylene, benzene, and various other hydrocarbons. The oil and gas industry's dominance in the chemical licensing market can be attributed to its role in supplying essential chemical building blocks.
Regional Analysis
North America is expected to remain the largest market for chemical licensing during the forecast period due to technological advancements, research and development, and innovation in the chemical sector. Many leading chemical companies and research institutions are based in North America, which has contributed to its prominence in the licensing market.
The Asia-Pacific region has witnessed rapid growth in the chemical industry. Countries like China, India, Japan, and South Korea have emerged as major chemical manufacturing hubs, attracting investment and technological advancements. This growth has also led to an increase in licensing activities in APAC.
The chemical licensing market is segmented into the following categories:
By Type
- C1 derivatives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- C2 derivatives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- C3 derivatives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- C4 derivatives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By End User
- Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Chemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the chemical licensing market:
- Shell Global Solutions
- Exxon Mobil Corporation
- Chevron Phillips Chemical Solutions
- Sumitomo Chemical Solutions
- Mitsubishi Chemical Solutions
- Johnson Matthey
- Mitsui Chemical Inc.
- Huntsman Corporation
- Nova Chemical Corporation
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s chemical licensing market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
