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Global Specialty Chemicals Market Size, Industry Share, Growth & Forecast To 2020-2026

12-01-2020 06:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The specialty chemicals market is anticipated to exhibit a CAGR of 4.9% during the forecast period. The growing use of specialty chemicals in the end-user industries is a key factor driving the global specialty chemical market. Cement manufacturing, concrete production, corrosion inhibition, coating, and paints are the key applications of specialty chemicals in the construction industry. In cement production, specialty chemicals are used as a combustion agent, fuels, gypsum, and set controller. In concrete, these are used to prepare chemical admixture and superplasticizers such as RMC, SCC, and RPC. As a corrosion inhibitor, they are used as accelerator, retarders, and freeze-thaw agents.

Get Free Sample Copy @ https://www.omrglobal.com/request-sample/specialty-chemicals-market

The outlook of the construction industry appears upbeat, consequently increasing the demand for specialty chemicals, globally. According to a study by the Institution of Civil Engineers (ICE), the global construction industry is expected to reach a value of $8.0 trillion by 2030, primarily driven by China, India, and the US. In Europe, the construction industry has witnessed a solid growth rate and is estimated to record significant growth in the next few years. Hence, from the rapidly growing construction activities in the above countries, the demand for specialty chemicals will increase which in turn will drive the growth of the global specialty chemical market.

A Full Report of Global Specialty Chemicals Market is Available at: https://www.omrglobal.com/industry-reports/specialty-chemicals-market

Market Coverage

Market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Product Type
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- SABIC, BASF SE, Bayer AG, Eastman Chemical Co., Evonik Industries AG

Global Specialty Chemicals Market report Segment

By Product Type

Agrochemicals
Cleaning Chemicals
Construction Chemicals
Electronic Chemicals
Food Additives
Adhesive & Sealants
Specialty Coatings
Surfactants
Paper & Textile Chemicals
Lubricants & Oilfield Chemicals
Polymers & Plastic Additives
Others

Global Specialty Chemicals Market report Segment

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/specialty-chemicals-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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