Specialty Chemicals Market Size 2024 Analysis: Enhanced Growth and Demand | Dow Chemical, BASF, Bayer, INEOS Group and DuPont

Market Study Report, LLC, has added a detailed study on the Specialty Chemicals Market which provides a brief summary of the growth trends influencing the market. The report also includes significant insights pertaining to the profitability graph, market share, regional proliferation and SWOT analysis of this business vertical. The report further illustrates the status of key players in the competitive setting of the Specialty Chemicals Market, while expanding on their corporate strategies and product offerings.

Robust growth in end user industries including construction and automotive will boost the global specialty chemicals market size by 2024. These compounds are used in adhesives and paints &coatings, which are widely used in automotive as well as construction industry. In 2015, global vehicles production, including commercial &personal, was approximately 90 million units. Furthermore, increasing consumer demand for lubricants to reduce frictional forces in the vehicles will enhance growth. Specialty Chemicals Market size is set to touch USD 1,273 billion by 2024; according to a new research report

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Global specialty chemicals market share is majorly driven by increasing population along with rapid industrialization resulting in decreased arable land. Global population is likely to reach 9 billion by 2040; this will consequently propel food demand up to the same period. Significant increase in yield is possible through agrochemicals use such as fungicides. Governments across the globe are promoting agrochemicals use to secure food supply to meet the increasing food demand owing to drive industry growth.

Specialty chemicals are mainly synthetic and have harmful environmental effects, which effects the biodiversity. Therefore, stringent environmental legislations are formulated and directed for the product application, due to its toxicity. This may restraint the industry size in the near future. In addition, increasing consumer awareness towards digital media, such as Twitter, Facebook, and YouTube may hinder paper &textile specialty chemicals market size. However, growing construction industry, particularly in China, India, Japan and Brazil, will propel industry share in the coming years.

Key insights from the report include:
Global specialty chemicals market size is set to exceed USD 1,200 billion by 2024, with projected gains at over 4.5% CAGR.

Electronic chemicals market size is projected to witness gains more than 4.5% CAGR. These find widespread applications in electronic apparatuses including integrated circuits and semiconductors. Additionally, increasing smartphone customer base will favor growth.
These products are used in food to improve the nutrient content and texture laterally keeping the food fresh. Upgrading consumer lifestyle accompanied with increasing disposable income is analyzed to be the key factor propelling food additives specialty chemicals market size.
In 2015, U.S. generated revenues of over USD 150 billion in specialty chemicals sales, mainly accounted for by the growing oil &gas sector.

In 2015, construction chemicals market size generated revenue more than USD 70 billion. These chemicals are extensively used to increase the shell life of the building and upgrade the functional and aesthetic requirements of the structure. Upcoming construction projects for residential and commercial structures will drive growth.

In 2015 Asia Pacific, led by China, Japan, and India, dominated the global specialty chemicals market revenue. The growth was mainly attributed to growing construction and automotive industry.

In 2015, specialty chemicals company revenue shares were fragmented. Major industry share contributor includes Dow Chemical, BASF, Bayer, INEOS Group and DuPont. Other prominent participants are Ashland, Clariant, Syngenta, Huntsman, Arkema, Evonik Industries, Akzo Nobel, Albemarle, Chemtura, Eastman Chemical, and Solvay.

Specialty chemicals market research report includes in-depth coverage of the industry, with estimates &forecast in terms of revenue in USD billion from 2013 to 2024, for the following segments:

Specialty Chemicals Markey By Product

o Agrochemicals
o Polymers &Plastic Additives
o Construction Chemicals
o Electronic Chemicals
o Cleaning Chemicals
o Surfactants
o Lubricants &Oilfield Chemicals
o Specialty Coatings
o Paper &Textile Chemicals
o Food Additives
o Adhesives &Sealants
o Others
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Report Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.1.3. Research scope & assumptions
1.2. Data sources
Chapter 2. Executive Summary
2.1. Specialty chemicals industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Regional trends
Chapter 3. Specialty chemicals Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast 2013 - 2024
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.1.1. Increasing demand for yield-enhancing agrochemicals
3.4.1.2. Rising demand from automotive industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Stringent government regulations against agrochemicals
3.4.2.1. Diminishing coated paper demand in North America and Europe
3.5. Growth potential analysis
3.6. Porter's analysis
3.7. Company market share analysis, 2015
3.8. PESTEL analysis
3.9 Pricing trends
Chapter 4. Specialty chemicals Industry Product Insights
4.1. Global specialty chemicals market share by product, 2015 & 2024
4.2. Agrochemicals
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Polymers & Plastic Additives
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.4. Construction Chemicals
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 - 2024
4.5. Electronic Chemicals
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 - 2024
4.6. Cleaning Chemicals
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013 - 2024
4.7. Surfactants
4.7.1. Market estimates and forecast, 2013 - 2024
4.7.2. Market estimates and forecast, by region, 2013 - 2024
4.8. Lubricants & Oilfield Chemicals
4.8.1. Market estimates and forecast, 2013 - 2024
4.8.2. Market estimates and forecast, by region, 2013 - 2024
4.9. Specialty Coatings
4.9.1. Market estimates and forecast, 2013 - 2024
4.9.2. Market estimates and forecast, by region, 2013 - 2024
4.10. Paper & Textile Chemicals
4.10.1. Market estimates and forecast, 2013 - 2024
4.10.2. Market estimates and forecast, by region, 2013 - 2024
4.11. Food Additives
4.11.1. Market estimates and forecast, 2013 - 2024
4.11.2. Market estimates and forecast, by region, 2013 - 2024
4.12. Adhesives & Sealants
4.12.1. Market estimates and forecast, 2013 - 2024
4.12.2. Market estimates and forecast, by region, 2013 - 2024
4.13. Others
4.13.1. Market estimates and forecast, 2013 - 2024
4.13.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 5. Specialty chemicals Industry Regional Insights
Chapter 6. Company Profiles
6.1. Akzo Nobel N.V.
6.1.1. Business Overview
6.1.2. Financial Data
6.1.3. Product Landscape
6.1.4. Strategic Outlook
6.2. BASF SE
6.2.1. Business Overview
6.2.2. Financial Data
6.2.3. Product Landscape
6.2.4. Strategic Outlook
6.3. Ashland Inc.
6.3.1. Business Overview
6.3.2. Financial Data
6.3.3. Product Landscape
6.4.4. Strategic Outlook
6.4. Clariant AG
6.4.1. Business Overview
6.4.2. Financial Data
6.4.3. Product Landscape
6.4.4. Strategic Outlook
6.5. Evonik Industries
6.5.1. Business Overview
6.5.2. Financial Data
6.5.3. Product Landscape
6.5.4. Strategic Outlook
6.6. The Dow Chemical Company
6.6.1. Business Overview
6.6.2. Financial Data
6.6.3. Product Landscape
6.6.4. Strategic Outlook
6.7. Huntsman Corporation
6.7.1. Business Overview
6.7.2. Financial Data
6.7.3. Product Landscape
6.7.4. Strategic Outlook
6.8. DuPont
6.8.1. Business Overview
6.8.2. Financial Data
6.8.3. Product Landscape
6.8.4. Strategic Outlook
6.9. Arkema S.A.
6.9.1. Business Overview
6.9.2. Financial Data
6.9.3. Product Landscape
6.9.4. Strategic Outlook
6.10. Bayer AG
6.10.1. Business Overview
6.10.2. Financial Data
6.10.3. Product Landscape
6.10.4. Strategic Outlook
6.11. Chevron Philips Chemical Company
6.11.1. Business Overview
6.11.2. Financial Data
6.11.3. Product Landscape
6.11.4. Strategic Outlook
6.12. Syngenta AG
6.12.1. Business Overview
6.12.2. Financial Data
6.12.3. Product Landscape
6.12.4. Strategic Outlook
6.13. Albemarle Corporation
6.13.1. Business Overview
6.13.2. Financial Data
6.13.3. Product Landscape
6.13.4. Strategic Outlook
6.14. Chaitra Corporation
6.14.1. Business Overview
6.14.2. Financial Data
6.14.3. Product Landscape
6.14.4. Strategic Outlook
6.15. Eastman Chemical Company
6.15.1. Business Overview
6.15.2. Financial Data
6.15.3. Product Landscape
6.15.4. Strategic Outlook
6.16. Solvay
6.16.1. Business Overview
6.16.2. Financial Data
6.16.3. Product Landscape
6.16.4. Strategic Outlook
6.17. INEOS Group AG
6.17.1. Business Overview
6.17.2. Financial Data
6.17.3. Product Landscape
6.17.4. Strategic Outlook

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