1
SHEL
2nd
The company's Downstream segment includes the manufacturing and marketing of petrochemicals, which are bulk commodity chemicals sold to industrial customers.
Shell
Commodity Chemicals
537.92 Bn
94.54
-1.32%
+32.33%
—
—
—
2
CVX
2nd
The company manufactures and markets commodity petrochemicals, plastics for industrial uses, and produces olefins, polyolefins, and aromatics.
Chevron
Commodity Chemicals
413.73 Bn
209.40
-1.04%
+31.83%
19.73
1.92
410.87 Bn
3
LIN
Linde is the largest industrial gas company worldwide, producing and distributing atmospheric gases (oxygen, nitrogen, argon) and process gases (hydrogen, helium, carbon dioxide) to industrial, healthcare, and energy customers.
Linde
Industrial Gases
212.24 Bn
460.40
+0.42%
-3.28%
29.32
5.99
208.87 Bn
4
E
2nd
Through its subsidiary Versalis, the company produces basic chemicals, plastics, and elastomers, which are bulk commodity chemicals sold to industrial customers.
Eni Spa
Commodity Chemicals
171.91 Bn
54.63
-1.43%
+55.77%
24.76
1.75
162.06 Bn
5
SCCO
2nd
The company produces sulfuric acid as a by-product of its smelting and refining processes, which contributes to overall sales.
Southern Copper
Commodity Chemicals
163.22 Bn
195.63
-0.17%
+89.42%
28.64
10.34
155.97 Bn
6
GLW
Corning is a materials science company that manufactures formulated specialty glass and ceramic products, such as cover glass for mobile devices and materials for semiconductor manufacturing. These are high-margin, application-specific products differentiated by performance, fitting the Specialty Chemicals definition for advanced engineered materials.
Corning
Specialty Chemicals
129.30 Bn
150.11
+1.62%
+88.53%
62.39
7.62
127.37 Bn
7
PSX
2nd
Through its 50 percent equity interest in Chevron Phillips Chemical Company, the company produces and markets bulk petrochemicals and polymers such as ethylene, propylene, and aromatics for industrial customers.
Phillips 66
Commodity Chemicals
108.93 Bn
273.00
-0.39%
+107.84%
15.22
0.70
106.03 Bn
8
SHW
The company develops, manufactures, and sells a broad portfolio of architectural paints, stains, varnishes, and industrial coatings. Its revenue is derived from selling these finished coatings to professional contractors, industrial manufacturers, and retail consumers through its Paint Stores Group and Consumer Brands Group.
Sherwin Williams
Paints and Coatings
77.90 Bn
320.83
-0.05%
-8.22%
29.11
3.19
77.60 Bn
9
ITW
2nd
The Polymers & Fluids segment produces engineered adhesives and sealants for automotive aftermarket and general industrial applications.
Illinois Tool Works
Paints and Coatings
76.74 Bn
269.46
+0.70%
+2.23%
24.16
4.66
75.90 Bn
10
ECL
2nd
The company develops and sells high-value chemical formulations, including detergents, sanitizers, disinfectants, and specialty programs for the petroleum and fuels industry.
Ecolab
Specialty Chemicals
75.52 Bn
269.41
-0.86%
+1.73%
36.83
4.48
70.41 Bn
11
HON
2nd
Within its Process Automation and Technology segment, Honeywell manufactures and sells catalysts and specialty chemicals used in refining and chemical processing.
Honeywell International
Specialty Chemicals
65.44 Bn
206.46
-0.01%
-0.64%
8.06
1.72
56.56 Bn
12
APD
The company is a global provider of industrial gases, specifically supplying oxygen, nitrogen, argon, hydrogen, and specialty gases. Its revenue is generated through on-site gas production, merchant gas distribution, and the sale of these gases to industrial manufacturers and refineries.
Air Products & Chemicals
Industrial Gases
63.26 Bn
284.07
-0.72%
-2.87%
15,822.70
5.02
64.99 Bn
13
IMO
2nd
The company has a dedicated Chemical segment that manufactures and markets bulk petrochemicals, specifically polyethylene resin, aliphatic solvents, and refinery grade propylene.
Imperial Oil
Commodity Chemicals
62.85 Bn
129.85
-0.40%
+38.20%
20.84
1.67
60.80 Bn
14
OXY
2nd
Through its OxyChem subsidiary, the company manufactures bulk commodity chemicals including ethylene, propylene, polyethylene, and polyvinyl chloride (PVC) for industrial applications.
Occidental Petroleum
Commodity Chemicals
58.81 Bn
58.83
-0.76%
+24.22%
8.92
2.71
55.30 Bn
15
CTA-PB
The company develops and sells commercial seeds with advanced traits and crop protection products including herbicides, insecticides, and fungicides. These products are sold directly to farmers and agricultural businesses to improve crop yield and protect against pests and disease.
Eidp
Crop Protection and Seeds
57.32 Bn
66.01
+1.16%
-9.15%
—
—
—
16
NUE
2nd
Nucor operates an industrial gas business through Universal Industrial Gases, providing industrial gas services as a distinct revenue stream.
Nucor
Industrial Gases
56.37 Bn
248.45
-6.30%
+85.00%
17.46
1.56
54.83 Bn
17
CTVA
Corteva develops and markets a broad portfolio of crop protection chemicals, including herbicides, insecticides, and fungicides, as well as commercial seeds and trait technologies. These products are sold directly to farmers and agricultural distributors to improve crop productivity.
Corteva
Crop Protection and Seeds
53.73 Bn
80.53
-1.21%
+13.97%
52.73
3.02
51.61 Bn
18
AU
2nd
The company sells sulphuric acid, a by-product of its mining operations in Brazil, to industrial users.
AngloGold Ashanti
Commodity Chemicals
52.10 Bn
103.16
+0.76%
+59.69%
13.78
4.41
50.92 Bn
19
LYB
The company is a global producer of bulk commodity chemicals and polymers, specifically ethylene and polyethylene produced from ethane and naphtha feedstocks. These high-volume products are sold to packaging and industrial markets and are priced based on commodity cycles.
LyondellBasell Industries
Commodity Chemicals
40.00 Bn
61.92
-3.61%
+17.52%
-115.94
1.28
37.48 Bn
20
NTR
Nutrien is a global leader in crop nutrients, operating dedicated segments for Potash, Nitrogen, and Phosphate fertilizers. It mines and processes potash in Saskatchewan and operates ammonia and phosphate production facilities to sell nutrients to third-party customers and its own retail network.
Nutrien
Fertilizers
37.16 Bn
77.11
-2.36%
+37.13%
15.43
1.32
36.28 Bn
21
ATI
ATI produces highly differentiated specialty materials, including nickel-based superalloys, titanium alloys, and specialty metals like zirconium and hafnium. These are formulated performance materials sold to aerospace, medical, and electronics customers, fitting the description of specialty chemicals and advanced engineered materials.
Ati
Specialty Chemicals
26.11 Bn
191.75
+4.44%
+138.26%
53.46
5.54
25.45 Bn
22
Q
Qnity manufactures performance and specialty chemicals formulated for specific applications, such as cleaning chemistries, sealants, and thermal management solutions. These products are differentiated by formulation and performance for high-value electronics applications rather than being bulk commodities.
Qnity Electronics
Specialty Chemicals
25.16 Bn
120.26
+2.65%
—
41.51
4.83
24.48 Bn
23
PPG
PPG's core business is the manufacture of finished coatings, including architectural decorative paints, automotive refinish coatings, and protective coatings for ships and bridges. The company operates dedicated segments for Global Architectural Coatings and Performance Coatings, selling to contractors, consumers, and OEMs.
Ppg Industries
Paints and Coatings
23.24 Bn
104.54
-0.85%
-4.11%
14.75
1.42
21.79 Bn
24
CHD
2nd
Through its Specialty Products Division, the company produces and sells sodium bicarbonate in various grades for industrial applications, which is a bulk commodity chemical.
Church & Dwight
Commodity Chemicals
22.47 Bn
94.71
-0.34%
+2.87%
30.10
3.61
22.21 Bn
25
IFF
IFF manufactures performance and specialty chemicals formulated for specific applications, including flavors, fragrances, and functional ingredients. These products are sold to manufacturers in the food, beverage, and personal care industries to enhance sensory appeal and product performance.
International Flavors & Fragrances
Specialty Chemicals
21.20 Bn
83.04
-2.19%
+30.26%
72.52
2.12
20.66 Bn