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Speciality Chemicals Market 2023 - Outlook. Demand Factor, Growth Rate, And Forecast To 2032 | Solvay Speciality Chemicals Ltd., Evonik Industries AG, Clariant AG, Akzo Nobel NV
Specialty Chemicals Market
The Business Research Company's Speciality Chemicals Global Market Report 2023 identifies Increasing demand for high-performance coatings is expected to drive the growth of the specialty chemicals market. High-performance coatings incorporate specialty chemicals to provide additional protection against environmental conditions such as moisture, high temperature, and airflow that have a huge impact on coatings and can have an impact on both interior and exterior spaces.
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 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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Major players in the speciality chemicals market are Solvay Speciality Chemicals Ltd., Evonik Industries AG, Clariant AG, Akzo Nobel NV, BASF SE, Lanxess AG, Huntsman Corporation, Bayer AG, Dow Chemical Company, Ashland Global Holdings Inc., Kemira Oyj, Croda International Plc., Lubrizol Corporation, Henkel AG & Co. KGaA, Sasol Limited, 3M, H.B. Fuller Company, Nouryon, and Sumitomo Chemical Co. Ltd.
Product innovation is a key trend that is gaining popularity in the specialty chemicals market. Major companies operating in the specialty chemicals market are focused on research and development for product innovations to offer additional benefits and assist in a better yield. Such product innovations enable companies to gain a competitive edge in the market.
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The speciality chemicals market is segmented -
• 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.
The Business Research Company's "Global Speciality Chemicals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Speciality Chemicals Market Include:
1. Speciality Chemicals Market Executive Summary
2. Speciality Chemicals Market Segments
3. Speciality Chemicals Market Size And Speciality Chemicals Market Growth Rate
4. Key Speciality Chemicals Market Trends
5. Major Speciality Chemicals Market Drivers
……
25. Key Mergers And Acquisitions In The Speciality Chemicals Market
26. Top Speciality Chemicals Companies
27. Speciality Chemicals Market Opportunities And Strategies
28. Speciality Chemicals Market, Conclusions And Recommendations
29. Appendix
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