Global Specialty Chemicals Market to Surge due to Increasing Number of Applications

Transparency Market
Research
Specialty Chemicals Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
20-Nov-2015
140 Page Report
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Press Release
Strong Industrial Base in Asia Pacific to Drive Demand for
Specialty Chemicals; Global Market Expected to Rise to
US$1,201.1 bn by 2023 : TMR
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Specialty Chemicals Market
REPORT DESCRIPTION
Specialty Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015
- 2023
Specialty chemicals or effect chemicals or specialties are chemicals that impart some specific effect or value to
several products on which they are used. They can be a single chemical formulation or a mixture of multiple
ones, which finally impact the performance of the product. They are in great demand across various industry
verticals due to their performance-enhancing properties.
The global specialty chemicals market is segmented on the basis of product type and region. The products in
the global specialty chemicals market are food additives, adhesives and sealants, agrochemicals, construction
chemicals, polymers and plastic additives, electronic chemicals, surfuctants, cleaning chemicals, lubricants
and oilfield chemicals, specialty coatings, paper and textile chemicals, and others such as flavors and
fragrances, catalyst, feed additives, printing inks, cosmetic chemicals, water management chemicals, and
nutraceutical ingredients, amongst others. Geographically, the global specialty chemicals market is segmented
into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.
Browse the full Specialty Chemicals (Agrochemicals, Polymers & Plastic Additives, Construction
Chemicals, Electronic Chemicals, Cleaning Chemicals, Surfactants, Lubricants & Oilfield Chemicals,
Specialty Coatings, Paper & Textile Chemicals, Food Additives, Adhesives & Sealants and Others)
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” report at :
http://www.transparencymarketresearch.com/specialty-chemicals-market.html
Agrochemicals Segment to Dominate Global Specialty Chemicals Market
The agrochemicals segment held the biggest share in the global specialty market in 2014. However, analysts
predict that the construction chemicals segment is likely to witness rapid growth in the near future, due to the
growing number of residential and commercial construction projects across the globe. Construction chemicals
are used in virtually all types of buildings to improve their structural strength. Over a period of time, specialty
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chemicals used in construction activities provide protection to the structures from environmental hazards.
Furthermore, they also add to the aesthetic and functional value of the structure.
Specialty chemicals are also used in making polymers and plastic additives, which are then used for improving
agricultural films, electronic components, fibers, automotive interior and exterior parts, coatings, and several
other types of plastic items. Electronic chemicals are used in making electronic components and manufacturing
equipment. Cleaning chemicals find widespread application in removing dirt, stains, and odor from surfaces to
make the surrounding clean and hygienic. Paper chemicals impart properties such as opacity, gloss,
brightness, printability, and image quality to paper. Lastly, adhesives and sealants are also a type of specialty
chemicals that are used in applications such as flooring, footwear, furniture, construction, packaging, and
automotive.
Asia Pacific to Lead Global Specialty Chemicals Market
Regionally, Asia Pacific held a 45% share in the global specialty chemicals market in 2014. The undisputed
leader was closely followed by Europe and North America. From 2015 to 2023, the specialty chemicals market
in Asia Pacific market is expected to grow at a remarkable 6% CAGR. This growth will be the result of high
demand and consumption of specialty chemicals in emerging economies such as India and China.
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The important players in the global specialty chemicals market are BASF SE, The Dow Chemical
Company, E. I. du Pont de Nemours and Company (DuPont), Bayer AG, INEOS Group AG., Clariant AG,
Huntsman Corporation, Ashland Inc., Arkema S.A., Eastman Chemical Company, Chevron Philips Chemical
Company, Evonik Industries AG, Akzo Nobel N.V, Syngenta AG, Chemtura Corporation, Albemarle
Corporation, and Solvay.
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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
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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 Porter’s 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
Chapter 4 Price Trend Analysis
4.2 Raw Materials Price Trend, 2014–2023
Chapter 5 Specialty Chemicals Market – Product Segment Analysis
5.1 Specialty Chemicals Market: Product Segment Overview
5.2 Specialty Chemicals Market, by Product Segment, 2014–2023
5.2.1 Global Specialty Chemicals Market for Agrochemicals, 2014 – 2023 (US$ Bn)
5.2.2 Global Specialty Chemicals Market for Polymers & Plastic Additives, 2014 – 2023 (US$ Bn)
5.2.3 Global Specialty Chemicals Market for Construction Chemicals, 2014 – 2023 (US$ Bn)
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5.2.4 Global Specialty Chemicals Market for Electronic Chemicals, 2014 – 2023 (US$ Bn)
5.2.5 Global Specialty Chemicals Market for Cleaning Chemicals, 2014 – 2023 (US$ Bn)
5.2.6 Global Specialty Chemicals Market for Surfactants, 2014 – 2023 (US$ Bn)
5.2.7 Global Specialty Chemicals Market for Lubricants & Oilfield Chemicals, 2014 – 2023 (US$ Bn)
5.2.8 Global Specialty Chemicals Market for Specialty Coatings, 2014 – 2023 (US$ Bn)
5.2.9 Global Specialty Chemicals Market for Paper & Textile Chemicals, 2014 – 2023 (US$ Bn)
5.2.10 Global Specialty Chemicals Market for Food Additives, 2014 – 2023 (US$ Bn)
5.2.11 Global Specialty Chemicals Market for Adhesives & Sealants, 2014 – 2023 (US$ Bn)
5.2.12 Global Specialty Chemicals Market for Others, 2014 – 2023 (US$ Bn)
Chapter 6 Global Specialty Chemicals Market - Regional Analysis
6.1 Global Specialty Chemicals Market: Regional Overview
6.1.1 North America Specialty Chemicals Market – By Regional Sub-segment, 2014 – 2023
6.2 North America Specialty Chemicals Market
6.2.1 North America Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.2.2 US Specialty Chemicals Market
6.2.2.1 U.S. Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.2.3 Rest of North America Specialty Chemicals Market
6.2.3.1 Rest of North America Specialty Chemicals Market, Revenue by Product Segment, 2014 2023 (US$ Bn)
6.3 Europe Specialty Chemicals Market- By Regional Sub-segment, 2014-2023
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6.4 Europe Specialty Chemicals Market
6.4.1 Europe Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.4.2 Germany Specialty Chemicals Market
6.4.2.1 Germany Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.4.3 Italy Specialty Chemicals Market
6.4.3.1 Italy Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.4.4 Spain Specialty Chemicals Market
6.4.4.1 Spain Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.4.5 U.K. Specialty Chemicals Market
6.4.5.1 U.K. Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.4.6 France Specialty Chemicals Market
6.4.6.1 France Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.4.7 Rest of Europe Specialty Chemicals Market
6.4.7.1 Rest of Europe Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$
Bn)
6.5 Asia Pacific Specialty Chemicals Market- By Regional Sub-segment, 2014-2023
6.6 Asia Pacific Specialty Chemicals Market
6.6.1 Asia Pacific Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.6.2 China Specialty Chemicals Market
6.6.2.1 China Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
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6.6.3 Japan Specialty Chemicals Market
6.6.3.1 Japan Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.6.4 ASEAN Specialty Chemicals Market
6.6.4.1 ASEAN Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.6.5 India Specialty Chemicals Market
6.6.5.1 India Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.6.6 Rest of Asia Pacific Specialty Chemicals Market
6.6.6.1 Rest of Asia Pacific Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023
(US$ Bn)
6.7 Latin America Specialty Chemicals Market- By Regional Sub-segment, 2014-2023
6.8 Latin America Specialty Chemicals Market
6.8.1 Latin America Specialty Chemicals Market, Revenue by Product Segment, 2014 - 2023 (US$ Bn)
6.8.2 Brazil Specialty Chemicals Market
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)
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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
7.5 Evonik Industries
7.6 The Dow Chemical Company
7.7 Huntsman Corporation
7.8 E. I. du Pont de Nemours and Company (DuPont)
7.9 Arkema S.A.
7.10 Bayer AG
7.11 Chevron Philips Chemical Company
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7.12 Syngenta AG
7.13 Albemarle Corporation
7.14 Chemtura Corporation
7.15 Eastman Chemical Company
7.16 Solvay
7.17 INEOS Group AG
Chapter 8 Primary Findings
Chapter 9 List of Customers
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Specialty Chemicals Market was valued at US$ 800.4 Bn in 2014 and is anticipated to reach US$ 1,201.1 Bn in 2023, expanding at a CAGR of 4.7% between 2015 and 2023