Speciality Chemicals Market Report 2023 - Trends, Growth, Size And Forecast To 2032 | Solvay Speciality Chemicals Ltd., Evonik Industries AG, Clariant AG, Akzo Nobel NV, BASF SE

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Speciality Chemicals Market Size, Growth Rate, And Forecast

The global speciality chemicals market size is expected to grow from $712.64 billion in 2022 to $744.58 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global speciality chemicals market size is expected to grow to $873.22 billion in 2027 at a CAGR of 4.1%.

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Speciality Chemicals Market Drivers

Increasing demand for high-performance coatings is expected to drive the growth of the specialty chemicals market going forward. High-performance coatings refer to the final two categories of protective coatings, which are specialized and specifically engineered to add to the structural integrity, soundness, and health impacts of buildings, building sites, and structures.

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Speciality Chemicals Market Segments

• By Product Type: Agrochemicals, Dyes and Pigments, Construction Chemicals, Speciality Polymers, Textile Chemicals, Base Ingredients, Surfactants, Functional Ingredients, Water Treatments.
• By Source: Crude Oil, Naphtha, Ethane, Propane, Butane, Wood.
• By End-Use: Industrial, Construction, Cosmetics and Personal Care, Pharmaceutical, Electrical and Electronics, Mining and Oilfield.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Speciality Chemicals market.

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Speciality Chemicals Market Key Players

Major competitors in the speciality chemicals market include Solvay Speciality Chemicals Ltd., Evonik Industries AG, Clariant AG, Akzo Nobel NV, BASF SE, Lanxess AG, Huntsman Corporation, Bayer AG, Dow Chemical Company.

The Business Research Company's "Global Speciality Chemicals Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Speciality Chemicals Market Include:

1. Executive Summary
2. Specialty Chemicals Market Characteristics
3. Specialty Chemicals Market Trends And Strategies
4. Specialty Chemicals Market - Macro Economic Scenario
5. Specialty Chemicals Market Size And Growth
……
26. Africa Specialty Chemicals Market
27. Specialty Chemicals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Specialty Chemicals Market
29. Specialty Chemicals Market Future Outlook and Potential Analysis
30. Appendix

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