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PUBLISHER: IMARC | PRODUCT CODE: 1468338
PUBLISHER: IMARC | PRODUCT CODE: 1468338
Specialty Chemicals Market Report by Type (Agrochemicals, Polymer Additives, Construction Chemicals, Water Treatment Chemicals, Oil Field Chemicals, Food Additives, Surfactants, Electronic Chemicals, Specialty Polymers, and Others), and Region 2024-2032
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The global specialty chemicals market size reached US$ 754.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,029.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.
These chemicals are also known as specialties or effect chemicals and are widely utilized as ingredients in finished products to improve the manufacturing process. These chemicals can be single-chemical entities or formulations producing high-value chemicals, which are used in products vital to consumers. As compared to commodity chemicals, specialty chemicals are produced in lesser volumes. Consequently, they find applications in a wide range of industry verticals, such as chemicals, agriculture, automotive, aerospace, pharmaceutical, and food and beverage (F&B).
The escalating demand for high-performance and function-specific chemicals across different end use industries, such as oil and gas, pulp and paper, personal care and cosmetics, represents one of the significant factors propelling the growth of the specialty chemicals market. Apart from this, the rising concerns about the harmful effects of conventional chemicals on the environment have led to an increase in the demand for user- and environment-friendly specialty chemicals. As a result, leading players are focusing on the development and marketing of specialty chemicals in these variants to expand their product portfolio and improve their overall sales. These players are also investing in research and development (R&D) activities to provide innovative and custom-made specialty chemicals for target applications.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global specialty chemicals market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type.
Breakup by Type:
Agrochemicals
Polymer Additives
Construction Chemicals
Water Treatment Chemicals
Oil Field Chemicals
Food Additives
Surfactants
Electronic Chemicals
Specialty Polymers
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Albemarle Corporation, Ashland Global Holdings Inc., BASF SE, Bayer AG, Clariant AG, Evonik Industries AG (RAG-Stiftung), Huntsman Corporation, Solvay S.A. and The Dow Chemical Company.
Key Questions Answered in This Report
- 1. How big is the global specialty chemicals market?
- 2. What is the expected growth rate of the global specialty chemicals market during 2024-2032?
- 3. What are the key factors driving the global specialty chemicals market?
- 4. What has been the impact of COVID-19 on the global specialty chemicals market?
- 5. What is the breakup of the global specialty chemicals market based on the type?
- 6. What are the key regions in the global specialty chemicals market?
- 7. Who are the key players/companies in the global specialty chemicals market?
Product Code: SR112024A3057
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Specialty Chemicals Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Agrochemicals
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Polymer Additives
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Construction Chemicals
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Water Treatment Chemicals
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Oil Field Chemicals
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Food Additives
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Surfactants
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
- 6.8 Electronic Chemicals
- 6.8.1 Market Trends
- 6.8.2 Market Forecast
- 6.9 Specialty Polymers
- 6.9.1 Market Trends
- 6.9.2 Market Forecast
- 6.10 Others
- 6.10.1 Market Trends
- 6.10.2 Market Forecast
7 Market Breakup by Region
- 7.1 North America
- 7.1.1 United States
- 7.1.1.1 Market Trends
- 7.1.1.2 Market Forecast
- 7.1.2 Canada
- 7.1.2.1 Market Trends
- 7.1.2.2 Market Forecast
- 7.1.1 United States
- 7.2 Asia-Pacific
- 7.2.1 China
- 7.2.1.1 Market Trends
- 7.2.1.2 Market Forecast
- 7.2.2 Japan
- 7.2.2.1 Market Trends
- 7.2.2.2 Market Forecast
- 7.2.3 India
- 7.2.3.1 Market Trends
- 7.2.3.2 Market Forecast
- 7.2.4 South Korea
- 7.2.4.1 Market Trends
- 7.2.4.2 Market Forecast
- 7.2.5 Australia
- 7.2.5.1 Market Trends
- 7.2.5.2 Market Forecast
- 7.2.6 Indonesia
- 7.2.6.1 Market Trends
- 7.2.6.2 Market Forecast
- 7.2.7 Others
- 7.2.7.1 Market Trends
- 7.2.7.2 Market Forecast
- 7.2.1 China
- 7.3 Europe
- 7.3.1 Germany
- 7.3.1.1 Market Trends
- 7.3.1.2 Market Forecast
- 7.3.2 France
- 7.3.2.1 Market Trends
- 7.3.2.2 Market Forecast
- 7.3.3 United Kingdom
- 7.3.3.1 Market Trends
- 7.3.3.2 Market Forecast
- 7.3.4 Italy
- 7.3.4.1 Market Trends
- 7.3.4.2 Market Forecast
- 7.3.5 Spain
- 7.3.5.1 Market Trends
- 7.3.5.2 Market Forecast
- 7.3.6 Russia
- 7.3.6.1 Market Trends
- 7.3.6.2 Market Forecast
- 7.3.7 Others
- 7.3.7.1 Market Trends
- 7.3.7.2 Market Forecast
- 7.3.1 Germany
- 7.4 Latin America
- 7.4.1 Brazil
- 7.4.1.1 Market Trends
- 7.4.1.2 Market Forecast
- 7.4.2 Mexico
- 7.4.2.1 Market Trends
- 7.4.2.2 Market Forecast
- 7.4.3 Others
- 7.4.3.1 Market Trends
- 7.4.3.2 Market Forecast
- 7.4.1 Brazil
- 7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Breakup by Country
- 7.5.3 Market Forecast
8 SWOT Analysis
- 8.1 Overview
- 8.2 Strengths
- 8.3 Weaknesses
- 8.4 Opportunities
- 8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
- 10.1 Overview
- 10.2 Bargaining Power of Buyers
- 10.3 Bargaining Power of Suppliers
- 10.4 Degree of Competition
- 10.5 Threat of New Entrants
- 10.6 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Akzo Nobel N.V.
- 12.3.1.1 Company Overview
- 12.3.1.2 Product Portfolio
- 12.3.1.3 Financials
- 12.3.1.4 SWOT Analysis
- 12.3.2 Albemarle Corporation
- 12.3.2.1 Company Overview
- 12.3.2.2 Product Portfolio
- 12.3.2.3 Financials
- 12.3.2.4 SWOT Analysis
- 12.3.3 Ashland Global Holdings Inc.
- 12.3.3.1 Company Overview
- 12.3.3.2 Product Portfolio
- 12.3.3.3 Financials
- 12.3.3.4 SWOT Analysis
- 12.3.4 BASF SE
- 12.3.4.1 Company Overview
- 12.3.4.2 Product Portfolio
- 12.3.4.3 Financials
- 12.3.4.4 SWOT Analysis
- 12.3.5 Bayer AG
- 12.3.5.1 Company Overview
- 12.3.5.2 Product Portfolio
- 12.3.5.3 Financials
- 12.3.5.4 SWOT Analysis
- 12.3.6 Clariant AG
- 12.3.6.1 Company Overview
- 12.3.6.2 Product Portfolio
- 12.3.6.3 SWOT Analysis
- 12.3.7 Evonik Industries AG (RAG-Stiftung)
- 12.3.7.1 Company Overview
- 12.3.7.2 Product Portfolio
- 12.3.7.3 Financials
- 12.3.7.4 SWOT Analysis
- 12.3.8 Huntsman Corporation
- 12.3.8.1 Company Overview
- 12.3.8.2 Product Portfolio
- 12.3.8.3 Financials
- 12.3.8.4 SWOT Analysis
- 12.3.9 Solvay S.A.
- 12.3.9.1 Company Overview
- 12.3.9.2 Product Portfolio
- 12.3.9.3 Financials
- 12.3.9.4 SWOT Analysis
- 12.3.10 The Dow Chemical Company
- 12.3.10.1 Company Overview
- 12.3.10.2 Product Portfolio
- 12.3.1 Akzo Nobel N.V.
Product Code: SR112024A3057
List of Figures
- Figure 1: Global: Specialty Chemicals Market: Major Drivers and Challenges
- Figure 2: Global: Specialty Chemicals Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Specialty Chemicals Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Specialty Chemicals Market: Breakup by Type (in %), 2023
- Figure 5: Global: Specialty Chemicals Market: Breakup by Region (in %), 2023
- Figure 6: Global: Specialty Chemicals (Agrochemicals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 7: Global: Specialty Chemicals (Agrochemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 8: Global: Specialty Chemicals (Polymer Additives) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Specialty Chemicals (Polymer Additives) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Specialty Chemicals (Construction Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Specialty Chemicals (Construction Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Specialty Chemicals (Water Treatment Chemicals ) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Specialty Chemicals (Water Treatment Chemicals ) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Specialty Chemicals (Oil field Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Specialty Chemicals (Oil field Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Specialty Chemicals (Food Additives) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Specialty Chemicals (Food Additives) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Specialty Chemicals (Surfactants) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Specialty Chemicals (Surfactants) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Specialty Chemicals (Electronic Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Specialty Chemicals (Electronic Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Specialty Chemicals (Specialty Polymers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Specialty Chemicals (Specialty Polymers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Specialty Chemicals (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Specialty Chemicals (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: North America: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: United States: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: United States: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Canada: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Canada: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: North America: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Asia-Pacific: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: China: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: China: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Japan: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Japan: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: India: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: India: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: South Korea: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: South Korea: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Australia: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Australia: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Indonesia: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Indonesia: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Others: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Others: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Asia-Pacific: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Europe: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Germany: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Germany: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: France: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: France: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: United Kingdom: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: United Kingdom: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Italy: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Italy: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Spain: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Spain: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Russia: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Russia: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Others: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Others: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Europe: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Latin America: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Brazil: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Brazil: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Mexico: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Mexico: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Middle East and Africa: Specialty Chemicals Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Middle East and Africa: Specialty Chemicals Market: Breakup by Country (in %), 2023
- Figure 74: Middle East and Africa: Specialty Chemicals Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Global: Specialty Chemicals Industry: SWOT Analysis
- Figure 76: Global: Specialty Chemicals Industry: Value Chain Analysis
- Figure 77: Global: Specialty Chemicals Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Specialty Chemicals Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Specialty Chemicals Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Specialty Chemicals Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 4: Global: Specialty Chemicals Market: Competitive Structure
- Table 5: Global: Specialty Chemicals Market: Key Players
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