Sumitomo Chemical Co. Ltd.

Company Snapshot

Founded: 1913
Entity Type: Public
Employees: 32,161
Region: Japan
Revenue: $16,937.4 Millions
Revenue Year: 2023
Segment: Essential Chemicals & Plastics
Headquarter: Tokyo, Japan
Key Geographics: Japan, Asia, North America, Europe, Central America, South America, Oceania, Middle East, Africa
Corporate Address: Tokyo Nihombashi Tower, 2-7-1, Nihonbashi, Chuo-ku, Tokyo 103-6020 Japan Tel. +81-3-5201-0200 www.sumitomo-chem.co.jp

Company Overview

Sumitomo Chemical is a leading manufacturer of a wide range of chemical products. The company’s business categories are essential chemicals & plastics, energy & functional materials, IT-related chemicals, health & crop sciences, and pharmaceuticals. Sumitomo holds more than 14,000 patents in various business sectors. The company has approximately 75 overseas facilities and has over 203 consolidated subsidiaries attached to their business. It has R&D centers in Japan, the U.S. and Europe. Sumitomo Chemical operates in over 40 countries, with production facilities across the globe.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Sumitomo Chemical Co. Ltd. In Reports

Global Market for Polymers Used in Electric Vehicles

BCC Research Report: Dive into electric vehicle polymers market considering 2023 as the base year, and the market forecast will be provided from 2024 to 2029.

Commercial Amino Acids

BCC Research Market Analyst says global market for commercial amino acids was valued at $30.1 billion in 2023 It is expected to grow from $31.8 billion in 2024 to $42.8 billion by 2029, at a CAGR of 6.1%.

Battery Separators: Global Markets

BCC Research Market Analyst says global market for battery separators is expected to grow from $8.1 billion in 2024 and is projected to reach $19.0 billion by the end of 2029, at a CAGR of 18.6%.

Company's Business Segments

  • Essential Chemicals & Plastics : Manufacture synthetic resins such as polyethylene, Polypropylene, Methacrylic resin, as well as raw materials for Synthetic fibers and various industrial chemicals.
  • Energy & Functional Materials : The Energy & Functional Materials Sector provides a wide variety of functional Chemical products that contribute to reducing the Environmental impact and Conserving Energy and Natural resources, including Inorganic materials such as Alumina used in Energy-saving products, High-performance polymer additives, Super engineering plastics, Lithium-ion secondary battery material used in Electronic components, Next-generation vehicles.
  • IT-related Chemicals : The IT-related Chemicals Sector provides a wide range of products to support the age of IoT: optically functional LMS, Touch screen sensor panels, Color resists, and Polymer OLED.
  • Health & Crop Sciences : Materials used to make LC and OLED displays: Photoresists and high-purity chemicals required in the semiconductor manufacturing process, compound semiconductor materials used in Antenna switches and other components of communication terminal equipment.
  • Pharmaceuticals : The Health & Crop Sciences Sector is engaged in manufacturing and selling Crop protection chemicals, Fertilizers, Feed additives, Household insecticides, products for control of infectious diseases, and Active pharmaceutical ingredients and Intermediates. By providing these products, Sumitomo Chemical aims to contribute to a stable supply of crops, help increase food production in response to an increase in the world population, prevent the spread of infectious diseases, and achieve Hygienic and Healthy lives.

Applications/End User Industries

  • Automotive
  • Home Appliances
  • IT Related Materials
  • Construction
  • Civil Engineering
  • Agriculture
  • Livestock
  • Industrial Chemicals
  • Environment Product
  • Energy Product
  • Pharmaceuticals
  • Medical Treatments
  • Lithium-Ion Battery
  • Secondary Battery Materials
  • Synthetic Fibers
  • Adhesives
  • Kitchen Utensils
  • Feed Additives
  • Semiconductor Processing Materials
  • Automotive Exteriors