Press release
Global Specialty Chemicals Market Size To Hit US$ 914 Billion By 2028 | IMARC Group
The global specialty chemicals market size reached US$ 726 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 914 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/specialty-chemicals-market/requestsample
Specialty Chemicals Market Trends:
The global specialty chemicals market is experiencing significant growth due to the increasing demand for high-performance and function-specific chemicals across various end-use industries, such as oil and gas, pulp and paper, personal care, and cosmetics. Moreover, the rising concerns about the harmful impact of conventional chemicals on the environment have led to a surge in demand for user- and environment-friendly specialty chemicals, which is acting as another factor boosting the market growth. In line with this, leading market players are focusing on developing and marketing specialty chemicals that are eco-friendly and tailored to meet specific customer requirements. They are also investing heavily in research and development (R&D) activities to provide innovative and customized specialty chemicals for target applications, which is creating a positive outlook for the market.
Specialty Chemicals Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the specialty chemicals market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Akzo Nobel N.V.
• Albemarle Corporation
• Ashland Global Holdings Inc.
• BASF SE
• Bayer AG
• Clariant AG
• Evonik Industries AG (RAG-Stiftung)
• Huntsman Corporation
• Solvay S.A.
• The Dow Chemical Company
Key Market Segmentation:
The report has segmented the global specialty chemicals market based on type and region.
Breakup by Type:
• Agrochemicals
• Polymer Additives
• Construction Chemicals
• Water Treatment Chemicals
• Oil field Chemicals
• Food Additives
• Surfactants
• Electronic Chemicals
• Specialty Polymers
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3057&flag=C
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Reports by IMARC Group:
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Solar Tracker Market: https://bit.ly/3MOb8iH
India Dietary Supplements Market: https://bit.ly/3A5Pw9I
Saffron Market: https://bit.ly/3oh9rQr
Flat Glass Market: https://bit.ly/3MKh501
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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