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The chemical industry is a leading business in today’s world. Producing a vast range of substances that are used in just about every field, chemical companies produce products that are used throughout the world. Raw materials like oil, metals, water and natural gases are used to produce an assortment of chemicals. The main types of chemicals that are produced are basic chemicals, petrochemicals, fine chemicals, life sciences and consumer chemicals. Plastic is an example of a basic chemical and both plastic and rubber account for a large part of the industry. A petrochemical stems from hydrocarbons like petroleum as well as fertilizers. A fine chemical, also called a specialty chemical, can be a sealant, adhesive or coating. A life science chemical includes products that are used in health and medical industries. Consumer chemicals are those that are sold to consumers, like soap and makeup.
It takes several steps to convert raw materials into chemicals that are safe for use. Mainly, the materials have to be processed and refined to first get them to their purest form. If a tiny part of the material is not in its pure form, the final chemical could come out completely wrong. This is why measurement and accuracy play such huge roles in the chemical industry. To complete the process, substances undergo chemical reactions to make sure they have the correct end result.
The chemical industry is extraordinarily huge and produces hundreds of millions of tons of chemicals every single year. This industry is an integral part of our economy and effects many other industries as well. Industries that rely heavily on the chemical market include pharmacies, manufacturing for consumers, cosmetics and automotive companies. There is such a demand for chemicals that many companies rely on around-the-clock production from chemical companies located around the world.