Press release
China Specialty Chemicals Market Size, Share, Trends and Forecast To 2020-2026
China's specialty chemical market is anticipated to grow at a considerable CAGR of 5.1%. The availability of low-cost raw material, cheap labor, favorable government regulation for the manufacturing of specialty chemicals in the region. High production volume leads to low manufacturing costs and volume sales of chemicals in the country. China is the key supplier of different specialty chemicals used in the formation of finished products such as plastic, fertilizers, medicines, and other intermediate products used in countless industries globally. According to the International Council of Chemical Associations (ICCA), China is the eighth largest chemical importing nation and the twelfth largest chemical exporting nation across the globe.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/china-specialty-chemicals-market
As per the CEFIC Chemdata International, in 2018, the chemical sales in China held for around $1.32 trillion however due to the COVID-19 pandemic it is expected to be low this year. China accounts for about 70% of the total rubber chemical products across the globe and consumes about 33-35% of it. The rubber chemical is among the major components to produce auto tires and other auto parts hoses, belts, and gaskets. BASF SE, Sinopec, China National Chemical Corp., and others are the key specialty chemical manufacturers operating in China.
A Full Report of China Specialty Chemicals Market is Available at: https://www.omrglobal.com/industry-reports/china-specialty-chemicals-market
Market Coverage
Market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Product Type
Competitive Landscape- SABIC, BASF SE, Bayer AG, Eastman Chemical Company, Evonik Industries AG
China 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
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/china-specialty-chemicals-market
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Contact Person: Mr. Anurag Tiwari
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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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