The report on the Global Specialty Chemicals Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Specialty chemicals are chemical products to which various industries are dependent for specific effects. They are used on the basis of their performance or function, rather than for their composition. They are used in variety of applications such as automobile, aerospace, food, cosmetics, textiles, agriculture, construction etc.
The market is segmented according to product as agrochemicals, polymers and plastic additives, construction chemicals, electronic chemicals, cleaning chemicals, surfactants, lubricants & oilfield chemicals, specialty coatings, paper and textile chemicals, food additives, adhesives & sealants and others which include flavors & fragrances, catalyst, feed additives, printing inks, cosmetic chemicals, water management chemicals, nutraceutical ingredients, etc. There is an increase in demand of construction chemicals, electronic chemicals and oilfield chemicals due to the growth in end user market such as construction, automotive and electronics.
Safety and efficiency enhancement of specialty chemical through product innovation is the major factor responsible for the growth of this market. The growth of the end user industries such as oil, electronics, automotive, mining, food, textile, etc., help to boost the market. Specialty Chemicals has a huge industrial application. The growth of application industries due to the in developing countries is expected to fuel the market. The production of bio-renewable specialty chemicals will help to boost the market as they abide by the environmental regulations. The key constraints of this market are the rising raw material cost of these chemicals which prevents manufacturers from bulk production. The environmental regulations for the production of specialty chemicals across various countries also hamper its market growth.
The Asia-Pacific region is the largest market for specialty chemicals, followed by North America. The Asia-Pacific market is projected to grow during the forecast period due to the growth of end-user industries such as automotive, plastic, construction and electronics.
These key companies in Specialty Chemicals Market include:
- AkzoNobel N.V.
- Evonik Industries AG
- Henkel Ag & Co. KGAA
- Clariant AG
- Huntsman International LLC
- BASF SE
- The Dow Chemical Company
- Ashland Inc.
- Albemarle Corporation.
SEGMENTATIONS IN REPORT:
Specialty Chemicals By Product
- Agrochemicals
- Polymers And Plastic Additives
- Construction Chemicals
- Electronic Chemicals
- Cleaning Chemicals
- Surfactants
- Lubricants & Oilfield Chemicals
- Specialty Coatings
- Paper And Textile Chemicals
- Food Additives
- Adhesives & Sealants
- Others (Including Flavors & Fragrances, Catalyst, Feed Additives, Printing Inks, Cosmetic Chemicals, Water Management Chemicals, Nutraceutical Ingredients, Etc.)
Specialty Chemicals By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Specialty Chemicals Market has been exhibited in detail in the following chapters -
Chapter 1 Specialty Chemicals Market Preface
Chapter 2 Executive Summary
Chapter 3 Specialty Chemicals Industry Analysis
Chapter 4 Specialty Chemicals Market Value Chain Analysis
Chapter 5 Specialty Chemicals Market Analysis By Product
Chapter 6 Specialty Chemicals Market Analysis By Geography
Chapter 7 Competitive Landscape Of Specialty Chemicals Companies
Chapter 8 Company Profiles Of Specialty Chemicals Industry