In 2025, the global petrochemical industry remained in a prolonged downturn. Demand benefited from continued industrialization in emerging Asian markets, lifting petrochemical demand to 945.3 million metric tons, an annual increase of approximately 3.5%. However, Mainland China's continued large-scale capacity expansion pushed surplus output into neighboring Asian markets, intensifying price competition and placing industry profitability under broad pressure. Global specialty chemicals output value reached USD 76.42 billion in 2025. With consumer demand in Mainland China and worldwide recovering only slowly, output value increased by just 1.8% from 2024.
I. The Scope of Industry
II. 2025 Industry Review
III. Major Issues
IV. Outlook
Table 1 Review of Taiwan"s Petrochemical Industry in 2025
Table 2 Review of Taiwan"s Specialty Chemical Industry in 2025
Table 3 Outlook of Taiwan"s Petrochemical Industry in 2026
Table 4 Outlook of Taiwan"s Specialty Chemical Industry in 2026