Beige Market Intelligence identifies top 5 leading vendors in the speciality chemicals market, Forecast till 2021

The speciality chemicals market is expected to be worth a little less than US$ 1 billion by 2021. With

market posing such a potential there are a number of companies that have started capturing a share

in this market and many more expected by the end of the forecast period. As of date, Beige Market

Intelligence analysts have identified Akzo Nobel, BASF, DOW, DuPont and Lanxess as the top 5

leading vendors in the Strategic Assessment of Worldwide Speciality Chemicals Market, Forecast

Till 2021.

Worldwide Speciality Chemicals market to be worth more close to US$ 1 billion by 2021

The evolving landscape of the chemical industry has allowed for numerous participants to enter this

market which was once dominated by the large players in the chemicals market. As of date, there

are more than 5 key applications of speciality chemicals that by themselves are driving the vast

portion of the speciality chemicals market. Other factors such as the consensus between federal

governments across the world on reduction of carbon emissions to counter climate change is also

driving the market for speciality chemicals which are being used to increase energy efficiency to

reduce carbon footprint.

For more information on this report, please go to beigemarketintelligence.com

The APAC region to account for more than 40 percent of the Speciality Chemicals market

by 2021

The APAC region as of date is the leading the speciality chemicals market and is continued to

continue by the end of the forecast period. On account of cheap factors of production, progressive

government policies and huge domestic consumption, the region is the hub for chemical

manufacturing, as the leading chemical companies across the world set up their manufacturing

locations in the region. While the developed markets in Europe and North America are unable to

keep pace with the growth of emerging markets of Asia, these markets are growing both in

consumption size and purchasing power. The region is expected to account for a little less than US$

500 million by 2021 in the speciality chemicals market.

Dynamic Competitive Landscape

The global speciality chemicals market is dominated by chemical majors such as Akzo Nobel, BASF,

DOW, DuPont, Lanxess. These companies have an expanded portfolio of speciality chemicals with

integrated distribution network and rely on their proprietary manufacturing technologies. They have

manufacturing facilities located across the world and operate capacities through strategic

partnerships and joint ventures. New capacities are being setup by them to ensure proximity and

easy access to the fast growing markets of China, India, and other Southeast Asian countries.

The global speciality chemicals market is fragmented in nature because of the presence of a number

of players. The factors play that major role in defining the competitive structure of this market are

proprietorship over technology, economies of scale, R&D capabilities and level of vertical

integration. R&D plays an important role as it enables a vendor to identify new applications for the

product and gain first mover advantage. Production technology is an avenue that attracts intense

R&D expenditure by major vendors as proprietorship over technology can turn out to be a promising

revenue earning tool.

The report by Beige Market Intelligence has more than 130 pages of insights on the changing

dynamics of the speciality chemicals market.

Worldwide Speciality Chemicals market research report covers the present scenario and the

growth prospects of the worldwide Speciality chemicals market for the period 2015-2021. The

report provides in-depth analysis of market size and growth of worldwide speciality chemicals

market. This market research report includes a detailed market segmentation of the worldwide

speciality chemicals Market by the following segmentation types

By Application

 Paints and Coatings

 Polymers and Plastic Additives

 Agrochemicals

 Food Additives

 Homecare Surfactants

 Water Management Chemicals

 Leather and Textile Chemicals

 Construction Chemicals

 Lubricant and Fuel Additives

 Pulp and Paper Chemicals

Geographic Segmentation

 APAC

 Europe

 Latin America

 Middle East and Africa

 North America

Market Share Analysis

 APAC (Degree of competition and fragmentation of vendors in the region)

 Europe (Degree of competition and fragmentation of vendors in the region)

 Latin America (Degree of competition and fragmentation of vendors in the region)

 MEA (Degree of competition and fragmentation of vendors in the region)

 North America (Degree of competition and fragmentation of vendors in the region)

Why should you buy this study?

 Speciality chemicals are those specific chemicals that are used for a single or a very

limited number of applications. Commodity chemicals on the other hand can be used for

a variety of applications and hence, when the commodity chemicals are manufactured in

large volumes, there is no problem as there is always a market for these chemicals. The

situation today however is very much different. There are a number of companies today

that are targeting the speciality chemicals potential and this is possible because of the

various factors that have contributed to this growth.

 The study will tell the reader how the market has been performing over the last few years

and how it is expected to perform over the next five years. Detailed analysis of the

performance of the market is provided thereby providing the reader with key insights into

what is taking place and how the market is being affected, both positively and adversely.

Further to this, the speciality chemicals market is one where companies need to be

aware of high potential applications in order to tap them today.

 In short, the study will provide a holistic view of the speciality chemicals market, which

are the companies that are involved in the production and what are the factors that

contribute to this market. The report will also provide information on what are some of the

trends that have started to surface and are expected to be a strong driving force in the

market over the next five years.

Beige Market Intelligence: We are a new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analyzed and smartly presented, but is completely customized based on the client’s requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.

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This release was published on openPR.