Specialty Chemical Makers May Recover From Covid 19 Setback-Earlier Than Others !!!
MARKET INTRODUCTION
Specialty chemicals are performance chemicals that are manufactured to serve specific purposes based on the functionality required for end-use applications in several industrial and consumer goods. These can be single-chemical entities or complex formulation with varying composition. Specialty chemicals are low volume compounds containing high-value chemicals used in smaller quantities targeted towards specific applications. The physical and chemical properties of specialty chemicals greatly influence the performance of the end-products.
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MARKET DYNAMICS
The specialty chemicals market is anticipated to grow in the forecast period owing to driving factors such as demands from the emerging markets of developing economies coupled with increasing applicability in existing end-use industries.
The demands for polyolefin catalysts owing to continuous shale gas developments and a surge in demand for high performance coating further boost the specialty chemicals market growth. However, the market is severely affected by the strict environmental regulations governing specialty chemicals. Nonetheless, R&Ds for innovative products offers opportunities for the growth of the specialty chemicals market and the major players involved.
The report also includes the profiles of key specialty chemicals companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Akzo Nobel N.V.
- Albemarle Corporation
- BASF SE
- Clariant AG
- Evonik Industries AG
- Henkel AG & Company, KGaA
- Huntsman International LLC
- LANXESS AG
- PPG Industries, Inc.
- Solvay S.A.
MARKET SCOPE
The "Global Specialty Chemicals Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of specialty chemicals market with detailed market segmentation by type, end-use industry and geography. The global specialty chemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading specialty chemicals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global specialty chemicals market is segmented on the basis of type and end-use industry. Based on type, the market is segmented as water treatment chemicals, paper and pulp chemicals, oilfield chemicals, textile chemicals, construction chemicals and others. On the basis of the end-use industry, the market is segmented as automotive, construction, consumer and retail, industrial manufacturing and others.