Press release
Specialty Chemicals Market Outlook 2029: Presents Market Insights & Depth Analysis
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.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.
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Market Coverage
Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
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
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
A full Report of Specialty Chemicals Market is Available at: https://www.omrglobal.com/industry-reports/specialty-chemicals-market
Specialty Chemicals Market Report Segment
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
3M Co.
Akzo Nobel N.V.
Albemarle Corp.
Ashland Global Holdings Inc.
BASF SE
Bayer AG
Chemtura Corp.
Chevron Philips Chemical Co. LLC
China Petroleum & Chemical Corp. (SINOPEC)
Clariant AG
Covestro AG
Croda International Plc
DIC Corp.
Dow Inc.
DuPont de Nemours Inc
Eastman Chemical Co.
Evonik Industries AG
FMC Corp.
Huntsman International LLC
INEOS AG
Kemira Oyj
Lanxess AG
Mitsubishi Chemical Holdings Corp.
SABIC
Solvay SA
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Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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