Specialty Chemicals Market Size Expected to Reach USD 608.4 Billions by 2025 Novozymes, Cytec Industries, BASF SE, Albemarle Corporation, Huntsman, PPG Industries, Chemtura Corporation, Bayer AG, Clariant, DOW Chemical Company

Global Specialty Chemicals Market Research Report 2019 presents the worldwide Specialty Chemicals Market analysis with in depth study of manufacturers, region, type and application and its future scope in the industry till 2025.

The global Specialty Chemicals market was valued at USD 382.3 billion in 2016 and is projected to reach USD 608.4 billion by 2025, growing at a CAGR of 5.3% from 2017 to 2025.

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Specialty chemicals have been one of the most attractive product segments in the chemical industry. The demand for these chemicals is highly dependent on the growth of end-use industries. Owing to the specificity of the application the demand for these products is expected to grow rapidly over the forecast period.

Competitive Landscape:
The major players in the market are as follows: Novozymes, Cytec Industries, BASF SE, Albemarle Corporation, Huntsman, PPG Industries, Chemtura Corporation, Bayer AG, Clariant, DOW Chemical Company, Akzonobel NV, Ashland, Ferro Corporation, Evonik, Henkel AG & others.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Market Dynamics:
1. Market Drivers
1.1 Growing demand from Asia Pacific
1.2 Growth in end-use industries

2. Market Restraints
2.1 Volatile raw material prices
2.2 Stringent government regulations

Market Segmentation:
The global Specialty Chemicals market is segmented on the type, application and region.
1. By Type:
1.1 Specialty Mining Chemicals
1.2 Adhesives
1.3 Water Treatment Chemicals
1.4 Electronic Chemicals
1.5 Specialty Paper Chemicals
1.6 Pesticides
1.7 Rubber Processing Chemicals
1.8 Advanced Ceramic Materials
1.9 Plastic Additives
1.10 Construction Chemicals
1.11 Specialty Oilfield Chemicals
1.12 Textile Chemicals
1.13 Food Additives
1.14 Printing Inks
1.15 Specialty Polymers

2. By Application:
2.1 Catalysts
2.2 Antioxidants
2.3 Biocides
2.4 Specialty Membranes
2.5 Specialty Enzymes
2.6 Specialty Coatings
2.7 Demulsifier
2.8 Surfactant
2.9 Specialty Pigments

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

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