Oct 31, 2018   SOURCE: BusinessWire

Specialty Chemicals: Global Market to Expand at a CAGR of 4.72% During 2017-2023 - Fluctuating Prices of Raw Materials is Hampering Growth - ResearchAndMarkets.com

The "Specialty Chemicals Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The specialty chemicals market is projected to expand at a CAGR of 4.72% over the forecast period of 2017-2023.
The growth of specialty chemicals is driven by both domestic consumption and exports. Rising importance of specialty chemicals in a number of industries in emerging economies is the key driving factor that is boosting the specialty chemical market growth.
Rapid urbanization, rising standard of living and burgeoning investments in the infrastructure are the drivers that are boosting the demand for specialty chemicals.
Industries such as construction are increasingly using these chemicals so as to improve the durability of the structure. The market is expected to grow at a steady pace owing to the rising adoption of certain specialty chemicals in emerging economies such as India. However, fluctuating prices of raw materials can restrain the market growth.

By type of product, the specialty chemicals market is segmented as specialty polymers, construction chemicals, specialty coating, plastic additives and others. Others includes adhesives, oil field chemicals, water-soluble polymers and etc. Construction Chemicals is expected to grow at a fast pace in emerging market such as India as it is recognized as an important component of the chemical industry and is playing an increasingly important role in nation building.

By end-user, the specialty chemicals market is segmented as pulp and paper, pharmaceutical, electronics, automotive, construction and others. Construction holds a significant share in the specialty chemicals market owing to the increasing infrastructure activities taking place across the globe.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Specialty Chemicals Market by Type

6. Specialty Chemicals Market by Application

7. Specialty Chemicals Market by Geography

8. Competitive Intelligence

9. Company Profiles

  • BASF SE
  • AkzoNobel N.V.
  • Evonik
  • PPG Industries Ltd.
  • Mitsubishi Chemical Corporation
  • RBP Chemical Technology Inc.
  • Brenntag Specialties Inc.
  • Toray Industries Inc.
  • LANXESS

For more information about this report visit https://www.researchandmarkets.com/research/7nzwv5/specialty?w=4