Founded in 1988, China national petroleum corporation is a state owned oil and gas industry based in Beijing, China. Yet another oil and gas corporation in this list, which got its roots in 1907. Standing along with Volkswagen in terms of revenue, today Toyota is second largest automotive manufacturer in the world just behind Volkswagen group. Asia’s biggest refiner China Petrochemical Corporation or Sinopec Group is an oil and gas enterprise located in Beijing, China. Founded in 1976, today Apple is the largest … Supplying electricity to the 88% area of China, the industry is involved in multi smart-grid projects. Presently BP is the seventh-largest oil & gas company in the world based on market value. Who hasn’t heard this name right? China National Petroleum Corporation: $299bn, Top 10 Largest Private Sector Banks in India, Top 10 Most Read Science Magazines in The World, Top 10 Richest Real Housewives In The World, Top 10 Most Beautiful Women In The World 2020. The total profits of Microsoft is $73.5 billion. Thus, Industries play a critical role in the economic growth of a country. Presently, being the world’s most valuable company by market value, WalMart has about 11,000 stores in 27 countries. With the rise of technology, many of these most profitable businesses fall under the realm of online business ideas—but not all of them. Software industry can be found on this list from several aspects, now entertainment software indsutry is the topic. Consumer goods are the products that are consumed by common people in day today life such as cloth, breads, drugs, and everything we use. Well, this name belongs to the world’s largest industry in term of revenue. Recently CNPC has faced a global dramatic fall in oil prices, which has affected the current economy of the industry. The biggest ones of them are the coronavirus and its consequences. When in 1937, Adolf Hitler’s revolutionary idea to make “a car for common people” was implemented, nobody knew that this so called “people’s car” is going to rule the world one day. As of 2014, Toyota has 338,875 employees worldwide making it one of the largest companies in Japan by market capitalization and by revenue. It is also the world’s largest producer of natural liquefied gas. You will see that 5 out of the 10 most profitable industries are related to technological sector, which is not surprising, of course. Not only did we have to cope with self-isolations and lots of restrictions, but industries stopped operating in the early of 2020. Who is the wealthiest man in the world in 2020? Now, here are the 9 most profitable industries in the world in 2020. Toyota Motor Corporation is a Japanese multinational automotive manufacturer industry which found its roots in 1937. Starting a business and reaching to the heights is never easy. Presently, with a staggering market valuation of $374bn, this industry has given a living to more than 70,000 people. WalMart’s the biggest and most successful businesses over the years include teen sportswear, Halloween candy and Yarn. This sector is another giant, with its $48 billion in net profits and a return on capital employed of 15.06%. This industry has also a significant part on the market, as it earns $38.5 billion in revenue and a healthy return of 9.33%. We are half way on our list of the 9 most profitable industries in the world in 2020. The drug industry is one of the most important one in the world. With the right combination of hard work, determination, and resourcefulness, you can start one of these most profitable businesses in 2020. The largest integrated company in China, CNPC produces and supplies oil worldwide. Believe it or not, but household products industry is really one of the most profitable ones in the world. There are industries which went on making profits despite the pandemic, while millions of people struggle to make ends meet.