Dublin, Nov. 23, 2021 (GLOBE NEWSWIRE) -- The "Asia Specialty Chemicals Market Insights & Forecast with Potential Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.
Asian specialty chemicals market is expected to reach US$424.51 billion in 2025, rising at a CAGR of 7.75%, for the period of 2021-2025
Factors such as rise in construction industry, growth in oil refining activities, growing cosmetic industry and recovering economic growth would drive the market value during the forecasted period.
However, the market growth would be challenged by price instability of crude oil, mounting concerns regarding CO2 emissions and stringent regulations. A few notable trends may include, China's increasing share in global chemical market, rising user penetration of ecommerce, accelerating active pharmaceutical ingredients (API) market and continuous research and development.
Asia is expected to drive more than two-thirds of the incremental specialty chemicals global demand till the year 2025, primarily fuelled by disproportionate growth in China and India, thereby laying an imperative for players to make bold moves to accelerate the adoption of specialty chemicals.
Cosmetic chemicals, adhesives and sealants, flavours and fragrances, printing inks, food additives and water management chemicals are a few emerging segments expected to grow fast and improve their relative positions in the specialty chemicals market in Asia.
Based on country, Asian specialty chemicals market has been segmented into China, Japan and India. China has been the fastest growing specialty chemicals market in Asia, but due to stringent regulations by the Chinese government on the international trade of specialty chemicals, India is likely to emerge as a prominent market player over the coming years.
Further, the emergence of the COVID-19 pandemic caused adverse disruption across various chemicals using industries, which resulted in the negative impact on the market value of specialty chemicals in 2020.
Scope of the report
The report provides a comprehensive analysis of the Asian specialty chemicals market.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (BASF SE, Mitsubishi Chemical Holdings, Sumitomo Chemical, Aarti Industries, Atul Ltd. And Mitsui Chemicals) are also presented in detail.
Key Topics Covered:
1. Market Overview
1.2 Categories of Specialty Chemicals
1.3 Types of Specialty Chemical Manufacturers
1.4 Manufacturing Process of Specialty Chemicals
1.5 End-Use Industries of Specialty Chemicals
1.6 Customer Wants and Needs by Type of Specialty Chemical
2. COVID-19 Impact
2.1 COVID-19 Impact Analysis by End-Use Industry
2.2 Reduction in Demand from End-User Industries
2.2.1 Decreased Demand from Automotive Industry
2.2.2 Decline in Demand from Electronics Industry
2.3 Impact on Agrochemical Industry
3. Asia Market Analysis
3.1 Asia Specialty Chemicals Market by Value
3.2 Asia Specialty Chemicals Market Forecast by Value
3.3 Asia Specialty Chemicals Market by Region
3.3.1 China Specialty Chemicals Market by Value
3.3.2 China Specialty Chemicals Market Forecast by Value
3.3.3 Japan Specialty Chemicals Market by Value
3.3.4 Japan Specialty Chemicals Market Forecast by Value
3.3.5 India Specialty Chemicals Market by Value
3.3.6 India Specialty Chemicals Market Forecast by Value
3.4 India Specialty Chemicals Market by Product Type
3.4.1 India Agrochemicals Market by Value
3.4.2 India Agrochemicals Market Forecast by Value
3.4.3 India Dyes & Pigments Chemicals Market by Value
3.4.4 India Dyes & Pigments Chemicals Market Forecast by Value
3.4.5 India F&F and Nutra Ingredients Chemicals Market by Value
3.4.6 India F&F and Nutra Ingredients Chemicals Market Forecast by Value
3.4.7 India Surfactants Chemicals Market by Value
3.4.8 India Surfactants Chemicals Market Forecast by Value
3.4.9 India Textile Chemicals Market by Value
3.4.10 India Textile Chemicals Market Forecast by Value
3.4.11 India Construction Chemicals Market by Value
3.4.12 India Construction Chemicals Market Forecast by Value
3.4.13 India Polymer Additives Chemicals Market by Value
3.4.14 India Polymer Additives Chemicals Market Forecast by Value
3.4.15 India Personal Care Chemicals Market by Value
3.4.16 India Personal Care Chemicals Market Forecast by Value
3.4.17 India Water Chemicals Market by Value
3.4.18 India Water Chemicals Market Forecast by Value
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rise in Construction Industry
4.1.2 Growth in Oil Refining Activities
4.1.3 Growing Cosmetic Industry
4.1.4 Recovering Economic Growth
4.2 Key Trends and Developments
4.2.1 China's Share in Global Chemical Market
4.2.2 Rising User Penetration of Ecommerce
4.2.3 Accelerating Active Pharmaceutical Ingredients (API) Market
4.2.4 Continuous Research and Development
4.3.1 Price Instability of Crude Oil
4.3.2 Mounting Concerns Regarding CO2 Emissions
4.3.3 Stringent Regulations
5. Competitive Landscape
5.1 Asia Market
5.1.1 Key Players - Revenue Comparison
5.1.2 Key Players - Market Capital Comparison
6. Company Profiles
6.1 Business Overview
6.2 Financial Overview
6.3 Business Strategies
Mitsubishi Chemical Holdings
For more information about this report visit https://www.researchandmarkets.com/r/fvzka
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