Global and Russian Market of Chemical Products: Key Trends of Development

Chemical industry is one of the leading and most essential spheres of economy. The article studies specific features and makes a comparative analysis of chemical industry production in Russia and the world, analyzes the structure of trade turnover according to Clause 6 of the uniform goods nomenclat...

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Main Author: J. O. Sizova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2022-04-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/1310
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author J. O. Sizova
author_facet J. O. Sizova
author_sort J. O. Sizova
collection DOAJ
description Chemical industry is one of the leading and most essential spheres of economy. The article studies specific features and makes a comparative analysis of chemical industry production in Russia and the world, analyzes the structure of trade turnover according to Clause 6 of the uniform goods nomenclature of the foreign economic activity in the Eurasian Economic Union. Key challenges and prospects of development of this industry were identified. To make a comparison the author studied international chemical industry including hundreds of companies working with prospecting, treatment and distribution of gases and with the development of the most complicated organic chemicals used for pharmaceutical preparations. Russian chemical industry possesses resource potential for development but current problems hinder its progress. The major reasons are the following: the shortage of Russian competitive chemical equipment, expensive renewal of existing outdated capacities. At the same time it is possible to mention a low level of research and technical and HR potential of the industry. The author proposes approaches to the development of home chemical industry to provide a growth in output and a rise in competitiveness of this sector of Russian economy on the global level.
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publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-79bde2b9b69c46b7b4faa1047a2052d02025-08-20T02:53:19ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512022-04-010220221010.21686/2413-2829-2022-2-202-210949Global and Russian Market of Chemical Products: Key Trends of DevelopmentJ. O. Sizova0North-Caucasus Federal UniversityChemical industry is one of the leading and most essential spheres of economy. The article studies specific features and makes a comparative analysis of chemical industry production in Russia and the world, analyzes the structure of trade turnover according to Clause 6 of the uniform goods nomenclature of the foreign economic activity in the Eurasian Economic Union. Key challenges and prospects of development of this industry were identified. To make a comparison the author studied international chemical industry including hundreds of companies working with prospecting, treatment and distribution of gases and with the development of the most complicated organic chemicals used for pharmaceutical preparations. Russian chemical industry possesses resource potential for development but current problems hinder its progress. The major reasons are the following: the shortage of Russian competitive chemical equipment, expensive renewal of existing outdated capacities. At the same time it is possible to mention a low level of research and technical and HR potential of the industry. The author proposes approaches to the development of home chemical industry to provide a growth in output and a rise in competitiveness of this sector of Russian economy on the global level.https://vest.rea.ru/jour/article/view/1310industry economicsindustrial complexestimationpotentialregion typology
spellingShingle J. O. Sizova
Global and Russian Market of Chemical Products: Key Trends of Development
Вестник Российского экономического университета имени Г. В. Плеханова
industry economics
industrial complex
estimation
potential
region typology
title Global and Russian Market of Chemical Products: Key Trends of Development
title_full Global and Russian Market of Chemical Products: Key Trends of Development
title_fullStr Global and Russian Market of Chemical Products: Key Trends of Development
title_full_unstemmed Global and Russian Market of Chemical Products: Key Trends of Development
title_short Global and Russian Market of Chemical Products: Key Trends of Development
title_sort global and russian market of chemical products key trends of development
topic industry economics
industrial complex
estimation
potential
region typology
url https://vest.rea.ru/jour/article/view/1310
work_keys_str_mv AT josizova globalandrussianmarketofchemicalproductskeytrendsofdevelopment