Specialty Chemicals Market Size Poised to Touch US$301 Billion by 2026

The global Specialty Chemicals Market size is anticipated to around USD 301 billion by 2026, this market is anticipated to grow with 4.8% CAGR during the forecast time period.

Due to significant developments in the construction industry, the Asia Pacific and the Middle East areas are projected to be in huge demand for painting and coating.

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The factors such as new end-use products, accelerated creativity, demand for efficient and safe chemicals and increasing environmental concerns, the specialty chemicals industry is set to grow at an exponential rate. Specialty chemicals are a specialty category in the international chemical industry with the ability to improve quality delivering special chemicals and polymers. Specialty chemicals are commonly used in various industries, including textiles, printing, household & industrial products, telecommunications, and oil & gas.

Due to their physical and chemical features, the increasing need for these chemicals in the end-user industries has a positive effect on global market growth. The growing population, reduced arable land, increased crop yield requirements, and the building industry are all factors that influence rising specialty chemicals mainly pesticides, construction chemicals, and specialty coatings and surfactants. In contrast, the additives in water supplies are widely used. The use of specialty chemicals in industrial water treatments involves the implementation of more advanced treatment methods such as ion exchange.

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Asia Pacific grabs the principle market share whereas in 2018 led by China

Asia Pacific has the largest market share, and the projected to continue its dominance amid the forecast period. Rising demands in major end-user sectors, including manufacturing, automobile, clothing, food, packaging, personal care and electronics, together with rising infrastructure investment is providing adequate sales prospects for specialty chemicals manufacturers, and environmentally friendly products.. Increasing industrial activity will increase demand for specialty chemicals in developing countries such as India and China. The growth of the Asia-Pacific construction sector is driven primarily by the expansion of the service sector, resulting in an increase in demand for office spaces, an increase in residential construction projects, and the inflow of investments from multinationals to develop the industrial base of the region. Such trends are likely to increase demand for paints and coatings, chemical building, adhesives & sealants, and specialty polymers in the area over the forecast period. The cosmetics industry is also seeing high growth in demand in the region, led by increase use of cosmetic products due to rising demand for anti-aging cosmetics from baby boomers and X generation, impact of Western culture on youth, increase employment of women, and continuous development of mass-attracting products. This raises the production of cosmetics in the area, resulting in increased demand for cosmetic chemicals.

A dynamic, interlinked industry produces specialty chemicals. Specialty chemicals, in the strictest sense, are products sold rather than composition based on their performance or purpose. These can be single-chemical agents or combinations that have a direct effect on the quality and production of the material of the consumer.

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Market Segmentation

Market By Type

Specialty Oilfield Chemicals
Pesticides
Construction Chemicals
Specialty Polymer
Food Additives
Others

Market By Function

Biocides
Surfactants
Antioxidants
Others

Market By Geography

North America

US
Canada

Europe

UK
Germany
France
Spain
Rest of Europe

Asia-Pacific

China
Japan
India
Australia
South Korea
Rest of Asia-Pacific

Latin America

Mexico
Brazil
Rest of Latin America

Middle East & Africa

GCC
South Africa
Rest of MEA

Key Questions Answered in the Report

The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-

- What is the overall structure of the market?

- What was the historical value and what is the forecasted value of the market?

- What are the key product level trends in the market?

- What are the market level trends in the market?

- Which of the market players are leading and what are their key differential strategies to retain their stronghold?

- Which are the most lucrative regions in the market space?

Key Players & Strategies

Some of the noticeable players in the market include Huntsman International LLC, BASF SE, 3M, H.B. Fuller, Henkel AG & Co. KGaA, and others. The market for specialty chemicals is highly fragmented, with a significant market share held by numerous players.

The governments in developing countries are developing friendly policies that promote the growth of the specialty chemicals industry by encouraging global players to invest in these areas, upgrading chemical industries and manufacturing capabilities, and redesigning institutes for industrial education to create productive domestic workforce.

As the main business plan for maintaining the competitive market, top players on the global market of chemicals specialization follow procurements, deals, acquisitions, alliances, product launches and divestitures.. Most specialty chemicals industries, including automobile coatings, catalytic fluid cracking catalysts, pharmaceutical additives, and water treatment, have long been able to provide services alongside products. Nevertheless, as more industries grapple with slow growth rates and commoditization, more specialty chemical companies have expanded their portfolio's service element.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Pure Cashmere
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Specialty Chemicals Market By Type
1.2.2.1. Global Specialty Chemicals Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Specialty Chemicals Market Revenue Share By Type in 2018
1.2.2.3. Specialty Oilfield Chemicals
1.2.2.4. Pesticides
1.2.2.5. Construction Chemicals
1.2.2.6. Specialty Polymer
1.2.2.7. Others
1.2.3. Specialty Chemicals Market By Function
1.2.3.1. Global Specialty Chemicals Market Revenue and Growth Rate Comparison By Function (2015-2026)
1.2.3.2. Global Specialty Chemicals Market Revenue Share By Function in 2018
1.2.3.3. Biocides
1.2.3.4. Surfactants
1.2.3.5. Antioxidants
1.2.3.6. Others
1.2.4. Specialty Chemicals Market By Geography
1.2.4.1. Global Specialty Chemicals Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Specialty Chemicals Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Specialty Chemicals Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Specialty Chemicals Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Specialty Chemicals Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Specialty Chemicals Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2018

CHAPTER 4. SPECIALTY CHEMICALS MARKET BY TYPE
4.1. Global Pure Cashmere Revenue By Type
4.2. Specialty Oilfield Chemicals
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Pesticides
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Construction Chemicals
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Specialty Polymer
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Food Additives
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Others
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. SPECIALTY CHEMICALS MARKET BY FUNCTION
5.1. Global Pure Cashmere Revenue By Function
5.2. Biocides
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Surfactants
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Antioxidants
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA SPECIALTY CHEMICALS MARKET BY COUNTRY
6.1. North America Specialty Chemicals Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Specialty Chemicals Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Specialty Chemicals Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE SPECIALTY CHEMICALS MARKET BY COUNTRY
7.1. Europe Specialty Chemicals Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Specialty Chemicals Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC SPECIALTY CHEMICALS MARKET BY COUNTRY
8.1. Asia-Pacific Specialty Chemicals Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Specialty Chemicals Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA SPECIALTY CHEMICALS MARKET BY COUNTRY
9.1. Latin America Specialty Chemicals Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Specialty Chemicals Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET BY COUNTRY
10.1. Middle East & Africa Specialty Chemicals Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa Specialty Chemicals Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Function, 2015 - 2026 ($Million)

CHAPTER 11. COMPANY PROFILE
11.1. Huntsman International LLC
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. BASF SE
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. 3M
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. H.B. Fuller
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Henkel AG & Co. KGaA
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Others
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies

CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope

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