The leading chemical company in Europe based on revenue as of the 2024 fiscal year was BASF. The Germany-based chemical company generated a revenue of approximately **** billion euros. This was ** billion euros more than the revenue recorded by BASF’s nearest competitor that year, the Dutch company LyondellBasell Industries. BASF operates globally, with operations in chemicals, plastics, performance products, functional and agricultural solutions, and oil and natural gas.
European chemical industry's market shares in decline
Based on revenue, Europe’s market share of the global chemical industry is second only to Asia. Since 2009, however, the region’s global chemical market share has been on a gradual decline and fell to a low of **** percent in 2015. Since then, European chemical market share has had some recovery, and by 2023 it amounted to **** percent. In comparison, Asia’s chemical market share has been increasing annually: it reached **** percent in 2023.Â
German chemical industry: the largest in Europe
A large proportion of the leading chemical companies in Europe shown in this ranking are based in Germany. The German chemicals industry is by far the largest in Europe, generating a turnover of approximately billion euros in 2023.
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Financial Times. (February 5, 2026). Revenue of the leading chemical companies in Europe in FY2025 (in billion euros) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/443135/top-chemical-companies-in-europe-by-turnover/
Financial Times. "Revenue of the leading chemical companies in Europe in FY2025 (in billion euros)." Chart. February 5, 2026. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/443135/top-chemical-companies-in-europe-by-turnover/
Financial Times. (2026). Revenue of the leading chemical companies in Europe in FY2025 (in billion euros). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/443135/top-chemical-companies-in-europe-by-turnover/
Financial Times. "Revenue of The Leading Chemical Companies in Europe in Fy2025 (in Billion Euros)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 5 Feb 2026, /statistics/443135/top-chemical-companies-in-europe-by-turnover/
Financial Times, Revenue of the leading chemical companies in Europe in FY2025 (in billion euros) ÌÇÐÄÆÆ½â°æ, /statistics/443135/top-chemical-companies-in-europe-by-turnover/ (last visited August 03, 2026)
Revenue of the leading chemical companies in Europe in FY2025 (in billion euros) [Graph], Financial Times, February 5, 2026. [Online]. Available: /statistics/443135/top-chemical-companies-in-europe-by-turnover/