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Specialty Chemicals Market 2020 | Intelligence Insights by Growth Rate, Industry Size, Industry Scope, Current Trends, Future Forecast to 2024


The “Specialty Chemicals Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Specialty Chemicals market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Specialty Chemicals market report also includes new upcoming technology of Specialty Chemicals Industry that will help to our clients.

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Market Overview:

  • The market for specialty chemicals is expected to grow at a CAGR of around 5.17% during the forecast period of 2019 – 2024. The major factors driving the growth of the market studied are its robust growth of construction activities, especially in Asia-Pacific and Middle East & Africa regions, and growth of oil exploration & production activities. On the flip side, increasing environmental regulation, and reducing fossil fuel reserves are the restraints hampering the growth of the studied market.
  • – Paints & coatings dominated the specialty chemicals market in 2018 and is expected to grow during the forecast period with the robust growth in the construction industry, which is majorly driven by the growth in residential construction across the globe.
  • – Growing research & development for developing new products is likely to provide opportunity for the studied market over the forecast period.
  • – Asia-Pacific dominated the market across the globe owing to huge customer base leading to high demand for specialty chemicals, increasing industrial production, and robust growth of the construction sector in the region.<

    Specialty Chemicals Market Covers Key Players:

  • 3M
  • A. Schulman Inc.
  • Akzo Nobel NV
  • Albemarle Corporation
  • American Water Chemicals Inc.
  • Archroma
  • Ashland
  • Asian Paints
  • Baker Hughes Incorporated
  • Beckers Group
  • Berger Paints India Limited
  • BP PLC
  • Buckman Laboratories International Inc.
  • Chevron Corporation
  • China Petroleum and Chemical Corporation
  • Clariant
  • ConocoPhillips Company
  • Covestro AG
  • Cytec Solvay Group
  • Dainichiseika Color and Chemicals Mfg Co. Ltd
  • Dow
  • DuPont
  • DuluxGroup Limited
  • Dura Coat Products Inc.
  • Eastman Chemical Company
  • Ecolab
  • Emery Oleochemicals
  • Evonik Industries AG
  • Exxon Mobil Corporation
  • Ferro Corporation
  • FMC Corporation
  • Formosa Plastics Group
  • H.B. Fuller Company
  • Halliburton
  • Henkel AG & Co. KGaA
  • Hexion
  • Huntsman International LLC
  • Indian Oil Corporation Ltd
  • Johnson & Johnson Services Inc.
  • Kurita Water Industries Ltd
  • LOreal
  • Lonza
  • Merck KGaA

    Some Major Points Covered in Specialty Chemicals Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • This report studies the global Specialty Chemicals market size, industry status and forecast, competition landscape and growth opportunity.

    Key Market Trends:

    Paints & Coatings Segment to Dominate the Market Demand

    – Paints & coatings segment dominated the share in the specialty chemicals market in 2018. The growth of the segment is extensively driven by the robust performance of the construction industry across the globe.
    – Asia-Pacific and Middle East regions are expected to witness huge demand for paints & coatings, owing to significant investments coming into the construction sector.
    – In Asia-Pacific, the construction sector growth is majorly driven by rising in residential construction projects to meet the accommodation requirements of the growing population.
    – Middle-East & Africa, on the other hand, has been witnessing huge rise in industrial & institutional construction. Middle Eastern countries, such as Saudi Arabia, United Arab Emirates, and Qatar have been trying to expand its tourism, healthcare, and manufacturing industry, with an intention to reduce their economic dependency on oil & gas industry.
    – Besides, increasing renovation projects in North America and the recovery of construction activities in Europe are further likely to drive the growth of the global construction industry.
    – Hence, all these such favorable trends in the global construction sector are expected to drive the demand and growth of paints & coating market during the forecast period. This is in-turn expected to drive the demand for specialty chemicals market.

    Asia-Pacific Region to Dominate the Market

    – Asia-Pacific region dominated the specialty chemicals market in 2018, and is further likely to retain its position during the forecast period due to robust growth of construction sector, increasing demand for cosmetic products, growing investment and production in automotive industry, increasing electrical & electronics industry output, increasing demand for adhesives and plastic from packaging industry, and increasing installations of water treatment systems from the industries in the region.
    – Asia-Pacific construction sector growth is majorly driven by the expansion of service sector leading to increase in the demand for office spaces, increase in residential construction projects, and inflow of investments from multi-national companies to set up industrial base in the region. Such factors are likely to increase in the demand for paints & coatings, adhesives & sealants, construction chemicals, and specialty polymers in the region during the forecast period.
    – The cosmetic industry is also witnessing strong growth in demand in the region, which is fueled by the increased usage of cosmetic products due to rising demand for anti-aging cosmetic products from baby boomers and X generation, western culture influence on youth, increased women employment, and continuous innovation of products attracting the masses. This is, in turn, increasing the cosmetic production in the region, leading to rise in demand for cosmetic chemicals.
    – Automotive industry in the region is further witnessing increase in investments and production in countries, like India, Indonesia, Thailand, and Malaysia. Such investments are leading to increase in automotive production base in the region, which is further projected to increase the demand for adhesives & sealants, paints & coatings, specialty polymers, and textile chemicals in the coming years, for automotive applications.
    – Hence, all such favorable trends are collectively likely to drive the growth of specialty chemicals market in the region during the forecast period.

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    Detailed TOC of Specialty Chemicals Market Report 2020-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Drivers
    4.2 Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Price Analysis

    5.1 Adhesives and Sealants – by Technology
    5.1.1 Water-borne Adhesives
    5.1.2 Solvent-borne Adhesives
    5.1.3 Hot-melt Adhesives
    5.1.4 Reactive Adhesives
    5.1.5 Sealants
    5.2 Catalysts – by Function
    5.2.1 Chemical Synthesis Catalysts
    5.2.2 Petroleum Refining Catalysts
    5.2.3 Polymerization Catalysts
    5.3 Construction Chemicals – by Application
    5.3.1 Commercial
    5.3.2 Industrial
    5.3.3 Infrastructure
    5.3.4 Residential
    5.3.5 Public Space
    5.4 Cosmetic Chemicals – by Application
    5.4.1 Hair Care
    5.4.2 Skin Care
    5.4.3 Oral Care
    5.4.4 Personal Hygiene
    5.4.5 Other Applications
    5.5 Dyes, Inks, and Pigments – by Type
    5.5.1 Inks
    5.5.2 Dyes
    5.5.3 Organic Pigments
    5.5.4 Inorganic Pigments
    5.6 Electronic Chemicals – by Application
    5.6.1 Semiconductors and Integrated Circuits
    5.6.2 Printed Circuit Boards
    5.7 Flavors & Fragrances – by Type
    5.7.1 Flavors
    5.7.2 Fragrances
    5.8 Food Additives – by Type
    5.8.1 Natural Additives
    5.8.2 Synthetic Additives
    5.9 Foundry Chemicals – by Application
    5.9.1 Iron and Steel
    5.9.2 Non-ferrous Metals
    5.10 Industrial and Institutional Cleaners – by Application
    5.10.1 General Purpose Cleaners
    5.10.2 Floor Care Products
    5.10.3 Ware-washing Detergents
    5.10.4 Disinfectants and Sanitizers
    5.10.5 Laundry Care Products
    5.10.6 Vehicle Wash Products
    5.10.7 Hand Cleansers
    5.11 Lubricants and Oil Additives – by Product Type
    5.11.1 Dispersants and Emulsifiers
    5.11.2 Detergents
    5.11.3 Oxidation Inhibitors
    5.11.4 Extreme-pressure Additives and Anti-wear Additives
    5.11.5 Viscosity Index Modifiers
    5.11.6 Friction Modifiers
    5.11.7 Corrosion Inhibitors
    5.11.8 Other Product Types
    5.12 Mining Chemicals – by Function
    5.12.1 Flotation Chemicals
    5.12.2 Extraction Chemicals
    5.12.3 Grinding Aids
    5.13 Oilfield Chemicals – by Chemical Type
    5.13.1 Biocides
    5.13.2 Corrosion and Scale Inhibitors
    5.13.3 Demulsifiers
    5.13.4 Polymers
    5.14 Paints and Coatings – by Application
    5.14.1 Architectural
    5.14.2 Automotive
    5.14.3 Industrial
    5.14.4 Wood
    5.14.5 Other Applications
    5.15 Plastic Additives – by Plastic Type
    5.15.1 Polyethylene
    5.15.2 Polystyrene
    5.15.3 Polypropylene
    5.15.4 Polyamide
    5.15.5 Polyethylene Terephthalate
    5.15.6 Polyvinyl Chloride
    5.15.7 Polycarbonate
    5.15.8 Other Plastic Types
    5.16 Rubber Processing Chemicals – by Application
    5.16.1 Tire
    5.16.2 Non-tire
    5.17 Specialty Polymers – by Type
    5.17.1 Specialty Elastomers
    5.17.2 Specialty Composites
    5.17.3 Specialty Thermoplastics
    5.17.4 Specialty Thermosets
    5.18 Textile Chemicals – by Application
    5.18.1 Apparels
    5.18.2 Automotive Textiles
    5.18.3 Geo-textiles
    5.18.4 Home Furnishing
    5.18.5 Industrial Textiles
    5.18.6 Smart-textiles for Military and Defense
    5.19 Water Treatment Chemicals – by Function
    5.19.1 Flocculants
    5.19.2 Coagulants
    5.19.3 Biocides and Disinfectants
    5.19.4 Defoamers and Defoaming Agents
    5.19.5 pH Adjusters and Softeners
    5.19.6 Odor Control Agents
    5.19.7 Other Functions
    5.20 Geography
    5.20.1 Asia-Pacific China India Japan South Korea Rest of Asia-Pacific
    5.20.2 North America United States Canada Mexico
    5.20.3 Europe Germany United Kingdom France Italy Rest of Europe
    5.20.4 South America Brazil Argentina Rest of South America
    5.20.5 Middle East & Africa Saudi Arabia South Africa Rest of Middle East & Africa

    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 3M
    6.4.2 A. Schulman Inc.
    6.4.3 Akzo Nobel NV
    6.4.4 Albemarle Corporation
    6.4.5 American Water Chemicals Inc.
    6.4.6 Archroma
    6.4.7 Ashland
    6.4.8 Asian Paints
    6.4.9 Baker Hughes Incorporated
    6.4.10 BASF SE
    6.4.11 Beckers Group
    6.4.12 Berger Paints India Limited
    6.4.14 BP PLC
    6.4.15 Buckman Laboratories International Inc.
    6.4.16 Chevron Corporation
    6.4.17 China Petroleum and Chemical Corporation
    6.4.18 Clariant
    6.4.19 ConocoPhillips Company
    6.4.20 Covestro AG
    6.4.21 Cytec Solvay Group
    6.4.22 Dainichiseika Color and Chemicals Mfg Co. Ltd
    6.4.23 Dow
    6.4.24 DuPont
    6.4.25 DuluxGroup Limited
    6.4.26 Dura Coat Products Inc.
    6.4.27 Eastman Chemical Company
    6.4.28 Ecolab
    6.4.29 Emery Oleochemicals
    6.4.30 Evonik Industries AG
    6.4.31 Exxon Mobil Corporation
    6.4.32 Ferro Corporation
    6.4.33 FMC Corporation
    6.4.34 Formosa Plastics Group
    6.4.35 FUCHS
    6.4.37 H.B. Fuller Company
    6.4.38 Halliburton
    6.4.39 Henkel AG & Co. KGaA
    6.4.40 Hexion
    6.4.41 Huntsman International LLC
    6.4.42 Indian Oil Corporation Ltd
    6.4.43 INEOS
    6.4.44 Johnson & Johnson Services Inc.
    6.4.45 Kurita Water Industries Ltd
    6.4.46 LOreal
    6.4.47 LANXESS
    6.4.48 Lonza
    6.4.49 Merck KGaA
    6.4.50 NIPSEA GROUP



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