Global Specialty Chemicals Market Share,Size Analysis and

Forecast to 2020

Persistence Market Research

Global Specialty Chemicals Market Share,Size

Analysis and Forecast to 2020

Persistence Market Research

Global Specialty Chemicals Market Share,Size Analysis and

Forecast to 2020
Persistence Market Research Released New Market Report on Global Specialty Chemicals
Market Share,Size Analysis and Forecast to 2020.
Chemical exist in different form such as solids, liquids, gases or plasma and one form can be changed to
another by applying temperature or pressure. Chemical reaction is used to convert one chemical
substance into another. Chemicals are used nearly by every industry and economic sector of the country
such as energy, oil and gas, agriculture and consumer and retail sector.
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Specialty chemicals, also known as effect chemicals, are chemicals which provide different effect when
added to different chemical or substances. Specialty chemicals are used under different categories such
as adhesives (substance applied at the surfaces of materials binding them together to resist separation),
agrichemicals (pesticides such as insecticides, herbicides and fungicides), cleaning materials, cosmetic
additives, construction chemicals, elastomers, flavors, food additives (food preservatives such as salt,
sugar, vinegar and sulfur dioxide), fragrances, Industrial gases, lubricants, polymers, surfactants
(emulsifiers, foaming agents and dispersants), and textile auxiliaries. Industrial sectors such as
automobile, aerospace, food, cosmetics, agriculture, manufacturing, textile industries are the major enduser of specialty chemicals.
Asia-Pacific leads the global specialty chemicals market followed by North America and Europe.
Increasing industrial activities in developing countries such as India and China will increases the demand
for specialty chemicals in these countries. China and Japan are expected to lead the Asia-Pacific market.
Specialty polymers, industrial and institutional cleaners, construction chemicals, electronic chemicals, and
flavors and fragrances are the major used specialty chemicals by the manufacturing industry. Rise in
disposable income in the developing countries is expected to drive the demand for these products.
According to the National Bureau of Statistics China, annual per capita disposable income of urban
households in China increased from USD 2,271.0 in 2008 to USD 3408.5 in 2012. The overall medium
household income in India has increased from USD 1,164.8 billion in 2011 to USD 1,308.8 billion in 2012.
Increasing industrial activities in the field of cosmetics, food, agriculture and other manufacturing sector in
the developing countries such as India and Brazil are expected to increase in coming future, thus
increasing the overall demand for specialty chemicals. Additionally, specialty chemicals are increasingly
used in water treatment. Introduction of more sophisticated water treatment technologies such as ionexchange include use of specialty chemicals in industrial water treatment. Government regulation on the
use of certain chemical in food processing industry and other manufacturing industry may hinder the
growth of global specialty chemicals industry.

Persistence Market Research

Global Specialty Chemicals Market Share,Size Analysis and

Forecast to 2020
Chemical industry is very much fragmented with many renowned companies operates in this industry.
Some of the major companies engaged in the manufacturing of specialty chemicals are Chevron Phillips
Chemical Company, BASF SE, Akzo Nobel N.V., Clariant International Ltd, Evonik Industries AG,
Chemtura Corporation, Cytec Industries Inc., Albemarle Corporation and Ferro Corporation.
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Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Persistence Market Research

Global Specialty Chemicals Market Share,Size Analysis and

Forecast to 2020

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