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Specialty Chemicals Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
20-Nov-2015
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Press Release
REPORT DESCRIPTION
Specialty Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015
- 2023
A recent market research report analyzing the global specialty chemicals market, published by
Transparency Market Research, projects moderate growth prospects for the market over the period between
2015 and 2023. The report is titled Specialty Chemicals Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023.
The report states that the market will expand at a 4.70% CAGR over the reports forecast period. If the rate of
growth holds true, the market, which had a valuation of US$800.4 bn in 2014, will rise to US$1,201.1 bn by
2023.
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flag=S&rep_id=2246
Specialty chemicals are a collection of high-value, low-volume chemicals that are known for their performanceenhancing characters. A large number of industrial processes require the use of a variety of specialty
chemicals for several operations. Some of the most commonly used specialty chemicals come in the form of
surfactants, additives, lubricants, sealants, adhesives, catalysts, etc.
The report segments the global specialty chemicals market on the basis of two criteria: product type and
geography.On the basis of product type, the market is segmented into cleaning chemicals, construction
chemicals, polymers and plastic additives, agrochemicals, surfactants, electronic chemicals, specialty coatings,
lubricants and oilfield chemicals, food additives, paper and textile chemicals, and adhesives and sealants.
Some other product types, such as water management chemicals, flavors and fragrances, feed additives,
nutraceuticals ingredients, printing inks, catalyst, and cosmetic chemicals are also examined in the report.
Of the various product types, the market earned a major share of revenue from the sales of agrochemicals in
2014. Over the reports forecast period, the segment of construction chemicals is expected to exhibit strong
growth. A continuous rise in construction activities, especially in Asia Pacific, is expected to lead to increased
demand for specialty chemicals in the construction sector.
On the basis of geography, the market is segmented into North America, Latin America, Asia Pacific, Europe,
and the Middle East and Africa.Of these, Asia Pacific accounted for over 45% of the global specialty chemicals
market in 2014 in terms of demand, primarily due to the well-developed industrial base in China and India.
Growth of the industrial sector in other Southeast Asian countries also leads to significant demand for specialty
chemicals. North America accounted for the second largest share in the global market in 2014, followed by
Europe.
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Over the reports forecast period, the market for specialty chemicals is expected to rise in Asia Pacific owing to
the changing living standards of the population in this region, rise in disposable incomes, and rapid
industrialization.
The report also gives a snapshot of the competitive landscape of the global specialty chemicals market with
the help of detailed business profiles, SWOT analysis, and details regarding business and financial strategies
of some of the key companies in the market. Some of the key players in the market are The Dow Chemical
Company, BASF SE, E. I. du Pont de Nemours and Company (DuPont), Ashland Inc., Bayer AG, Huntsman
Corporation, Evonik Industries AG, Clariant AG, INEOS Group AG., Syngenta AG, Arkema S.A., Akzo Nobel
N.V., Chevron Philips Chemical Company, Chemtura Corporation, Albemarle Corporation, Solvay, and
Eastman Chemical Company. The impact of recent developments on the global specialty chemicals markets
overall growth prospects is also included in the report.
The global specialty chemicals market is segmented as follows:
Agrochemicals
Construction Chemicals
Electronic Chemicals
Cleaning Chemicals
Surfactants
Specialty Coatings
Food Additives
Others (Including Flavors & Fragrances, Catalyst, Feed Additives, Printing inks, Cosmetic Chemicals,
Water Management Chemicals, Nutraceutical Ingredients, etc.)
U.S.
Europe
Germany
Italy
Spain
U.K.
France
Rest of Europe
Asia Pacific
China
Japan
ASEAN
India
Latin America
Brazil
GCC
South Africa
TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology
Chapter 2 Executive Summary
2.1 Global Specialty Chemicals Market, 2014 2023 (US$ Bn)
2.2 Global Specialty Chemicals Market: Market Snapshot
Chapter 3 Specialty Chemicals Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Increasing Need for Yield-enhancing Agrochemicals Boosted by Food Security Concerns Among
Booming Global Population
3.3.2 Rising Demand from Automotive Industry is Anticipated to Drive the Specialty Chemicals Market
3.4 Restraints
3.4.1 Stringent Regulations Against Agrochemicals Expected to Hamper Market for Specialty Chemicals
3.4.2 Declining Demand for Coated Paper in North America and Europe Reduces Market Profitability
3.5 Opportunity
3.5.1 Growing Construction Activities in BRIC Countries Projected to Act as Opportunity for the Market
3.6 Porters Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Market Attractiveness Analysis By Product
3.7 Market Attractiveness Analysis By Country
3.8 Company Market Share Analysis, 2014
6.8.2.1 Brazil Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.8.3 Rest of Latin America Specialty Chemicals Market
6.8.3.1 Rest of Latin America Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023
(US$ Bn)
6.9 Middle East & Africa Specialty Chemicals Market- By Regional Sub-segment, 2014-2023
6.10 Middle East & Africa Specialty Chemicals Market
6.10.1 Middle East & Africa Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$
Bn)
6.10.2 GCC Countries Specialty Chemicals Market
6.10.2.1 GCC Countries Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023
(US$ Bn)
6.10.3 South Africa Specialty Chemicals Market
6.10.3.1 South Africa Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$
Bn)
6.10.4 Rest of Middle East & Africa Specialty Chemicals Market
6.10.4.1 Rest of Middle East & Africa Specialty Chemicals Market, Revenue by Product Segment,
2014 - 2023 (US$ Bn)
Chapter 7 Company Profiles
7.1 Akzo Nobel N.V.
7.2 BASF SE
7.3 Ashland Inc.
7.4 Clariant AG
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