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Worldwide Specialty Chemicals Industry to 2026 - by Product Type and Geography

Research and Markets
·6-min read

Dublin, Feb. 11, 2021 (GLOBE NEWSWIRE) -- The "Specialty Chemicals Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.

The specialty chemicals market is anticipated to showcase a considerable growth rate at a CAGR of 4.9% during the forecast period (2020-2026). The rise in demand for high performance and function-specific chemicals in the end-user industries is a key factor driving the global specialty chemical market. Key manufacturers of specialty chemicals are inclining towards offering innovative and custom-made products to meet target specific applications and thereby, contributing to the high share of the global market.

The specialty chemicals market is segmented on the basis of product type. Based on product type, the market is segmented into agrochemicals, cleaning chemicals, construction chemicals, electronic chemicals, food additives, adhesive & sealants, specialty coatings, surfactants, paper & textile chemicals, lubricants & oilfield chemicals, polymers & plastic additives, and others. Based on product type, construction chemicals are anticipated to hold a considerable market share. The growing use of specialty chemicals in the construction industry is a key factor contributing towards the high share of the market segment.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is anticipated to hold considerable market share during the forecast period. The significant presence of end-use industries in the region is contributing towards the high share of the specialty chemicals market in the region. The increasing usage of crude oil derivatives in the petrochemical & specialty chemical industry in China is the key promoters of the specialty chemicals market in the region.

The key players in the specialty chemicals market include 3M Co., Akzo Nobel N.V., Albemarle Corp., Ashland Inc., BASF SE, SABIC, Bayer AG, Chemtura Corp., Chevron Philips Chemical Co., Clariant AG, Covestro AG, DuPont Inc., Eastman Chemical Co., Evonik Industries AG, and so on. The key players of the market are involved in making innovations in their products offering to suit the industrial application to remain competitive in the marketplace. Moreover, some players are adopting different growth strategies such as mergers & acquisitions, and product launches to thrive in the global market.

Research Methodology

The market study of the global specialty chemicals market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. Analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring more authenticity to the reports.

Secondary Sources Include:

  • Financial reports of companies involved in the market.

  • Whitepapers, research-papers, and news blogs.

  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation:

1. Global Specialty chemicals Market Research And Analysis By Product Type

The Report Covers:

  • Comprehensive research methodology of the global specialty chemicals market.

  • This report also includes a detailed and extensive market overview with key analyst insights.

  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

  • Analysis of regional regulations and other government policies impacting the global specialty chemicals market.

  • Insights about market determinants that are stimulating the global specialty chemicals industry.

  • Detailed and extensive market segments with regional distribution of forecasted revenues.

  • Extensive profiles and recent developments of market players.

Key Topics Covered:

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion

3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. China Petroleum & Chemical Corp. (SINOPEC)
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Bayer AG
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. BASF SE
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Evonik Industries AG
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. SABIC
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments

4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities

5. Market Segmentation
5.1. Global Specialty Chemicals Market by Product Type
5.1.1. Agrochemicals
5.1.2. Cleaning Chemicals
5.1.3. Construction Chemicals
5.1.4. Electronic Chemicals
5.1.5. Food Additives
5.1.6. Adhesive & Sealants
5.1.7. Specialty Coatings
5.1.8. Surfactants
5.1.9. Paper & Textile Chemicals
5.1.10. Lubricants &Oilfield Chemicals
5.1.11. Polymers & Plastic Additives
5.1.12. Others

6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. 3M Co.
7.2. Akzo Nobel N.V.
7.3. Albemarle Corp.
7.4. Ashland Global Holdings Inc.
7.5. BASF SE
7.6. Bayer AG
7.7. Chemtura Corp.
7.8. Chevron Philips Chemical Co. LLC
7.9. China Petroleum & Chemical Corp. (SINOPEC)
7.10. Clariant AG
7.11. Covestro AG
7.12. Croda International Plc
7.13. DIC Corp.
7.14. Dow Inc.
7.15. DuPont de Nemours Inc
7.16. Eastman Chemical Co.
7.17. Evonik Industries AG
7.18. FMC Corp.
7.19. Huntsman International LLC
7.20. INEOS AG
7.21. Kemira Oyj
7.22. Lanxess AG
7.23. Mitsubishi Chemical Holdings Corp.
7.24. SABIC
7.25. Solvay SA

For more information about this report visit https://www.researchandmarkets.com/r/4a3dvs

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900