Top 25 global chemical brands in 2022: Rongsheng Petrochemical, Hengli, Hengyi, Wanhua on the list

Recently, Brand Finance, a world-renowned brand financial consulting company, released the 2022 Top 25 Most Valuable Chemical Brands in the World (Chemicals 25 2022)
.
BASF, SABIC, and LG Chem are the top three
.

Four Chinese chemical brands entered the top 25, and entered the top ten for the first time
.
Rongsheng Petrochemical ranked 8th, Hengli Petrochemical ranked 14th, Hengyi Petrochemical ranked 22nd, and Wanhua Chemical ranked 23rd
.

The chemical industry suffered a huge loss in brand value in the early days of the Covid-19 pandemic, and as the global economy resumes growth, most top brands are now trading at higher valuations than they were before the pandemic
.

BASF remains the world's most valuable chemical brand with a value of US$8.
3 billion
.
The 15 percent increase in BASF's brand value was mainly attributable to improved revenue and a reduction in the company's weighted average cost of capital
.

Rongsheng Petrochemical's brand value achieved very strong growth this year, rising 43% to US$2.
3 billion, jumping to No.
8 in the ranking
.

British INEOS is the fastest growing chemical brand in the world, with a value increase of 60% to US$1.
5 billion, ranking 17th in the top 25 for the first time
.

The total value of the top 25 chemical brands on the list is $59.
1 billion
.
Among them, 4 German brands are worth US$14.
9 billion, 5 American brands are worth US$12.
3 billion, 4 Japanese brands are worth US$8.
1 billion, and 4 Chinese brands are worth US$6.
5 billion
.