Specialty Chemicals Market 2021-2025: Exploring Huge Opportunities with Top Companies| Basf Se, Ashland Inc., Solvay Sa

Global Specialty Chemicals Market Overview:

Specialty chemicals are specific chemical products that help in providing variety of belongings to various industries that they cater to such as textile, ink additives, construction, oil & gas, cosmetics, and food. Specialty chemicals can be single-chemical preparations or entities whose structure greatly impacts the performance of the customers’ product. These chemicals are used on the basis of their function and routine. Continuous R&D in this market has facilitated development of products with optimum and advanced features. This is one of the major factors that lashes the rise of this market. With rapid industrialization, noticeable demand from Asian countries such as India and China have arisen. There has been rise in investments in construction and organization development projects in Asia-Pacific. Therefore, Asia-Pacific is measured as a favorable destination for the specialty chemical manufacturers; thereby, increasing the market growth. Whereas, variations in raw material cost and stringent guidelines by the government are projected to hinder the rise of the global specialty chemicals market.

The Specialty Chemicals market size involves the current market status with some changing trends that can affect the Specialty Chemicals market growth rate. The report covers the major Specialty Chemicals growth prospect over the coming years. It also comprehends market new product analysis, financial overview, strategies and marketing trends. The report also offers an overview of Specialty Chemicals market revenue, sales, product demand, and supply of data, cost, and growth analysis across the globe.

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Market Key Players

Albemarle Corporation

Akzonobel N.V.

Ashland Inc.

Basf Se

Chemtura Corporation

Clariant Ag

Cytec Industries Inc.

Product Type Segmentation

Specialty Mining Chemicals

Water Treatment Chemicals

Adhesives

Electronic Chemicals

Specialty Paper Chemicals

Industry Segmentation

Architecture

Military

Chemistry

scientific research

Medical Science

Regional Segmentation

North America (NA) – US & Rest of North America

Europe (EU) – UK, Germany, France & Rest of Europe

Asia Pacific (APAC) – China, Japan, India & Rest of APAC

Latin America (LA) – Brazil & Rest of Latin America

Middle East & Africa (MEA) – Middle East and Africa

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Global Industry News:

Basf Se : SLENTEX® provides high-performance industrial pipe insulation at BASF’s Ulsan manufacturing plant

February 19, 2021 – High-performance insulation material SLENTEX® has been applied in industrial applications for the first time. The flexible, non-combustible construction solution was adopted in the interiors of close to 400 square meters of pipes, valves, and flanges in BASF’s manufacturing plant located in Ulsan, Korea.

“At our Ulsan plant, we are constantly exploring ways to lower the maintenance cost of our machinery and auxiliary equipment. One of the areas that we looked into was how we could better insulate our steel and metal equipment from adverse environmental effects. Also, to reduce pipe maintenance costs caused by corrosion under insulation,” said Sun Jung Yoo, Site Manager of BASF’s Ulsan manufacturing plant. “Thanks to SLENTEX’s nano-porous aerogel structure and water vapor diffusion [µ ~ 5] feature with hydrophobic surface, there is a reduction of condensation on the pipes. It increases their durability and usability. Over time, we also lower operating and maintenance costs with reduced downtime in our plant.”

The innovative aerogel material solution provides several other advantages. Compared to some other aerogels, SLENTEX has a more consistent surface, thickness, and robust property. With a thickness of only 10 mm, it is 30-40% slimmer than traditional materials such as perlite. These features make SLENTEX easy to install; onsite applicators can swiftly wrap the material around the plant equipment before securing it with conventional tools like wires.

Key Points Covered :

Identification of key industry players in the industry and their revenue influence to the overall business or relevant segment associated to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the value chain of cloud analytics market. The last step involves complete market engineering which includes analysing the data from different sources and existing exclusive datasets while using various data different methods for market breakdown and forecasting.

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Major Points in Table of Contents:

Global Specialty Chemicals Market Report 2021

1 Specialty Chemicals Product Definition

2 Global Specialty Chemicals Market Manufacturer Share and Market Overview

3 Manufacturer Specialty Chemicals Business Introduction

4 Global Specialty Chemicals Market Segmentation (Region Level)

5 Global Specialty Chemicals Market Segmentation (Product Type Level)

6 Global Specialty Chemicals Market Segmentation (Industry Level)

7 Global Specialty Chemicals Market Segmentation (Channel Level)

8 Specialty Chemicals Market Forecast 2021-2025

9 Specialty Chemicals Segmentation Product Type

10 Specialty Chemicals Segmentation Industry………………. Request free sample to get a complete Table of Content

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