Apr 22, 2021   SOURCE: BusinessWire

Global Specialty Chemicals Market Overview 2021 with Profiles of 61 Major Companies & Industry Guide Containing Contact Details for 240 Companies - ResearchAndMarkets.com

The "Specialty Chemicals - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.

Impact of COVID-19 pandemic on Specialty Chemicals market was moderate and the demand declined by about 1% y-o-y in 2020 compared to 2019. All major regions witnessed the negative growth around 2% in 2020, while Asia-Pacific withstand a slight growth of about 1%.

The evolutionary nature of the Specialty Chemicals business has meant that the traditionally dominant regions of North America, Europe and Japan have made way for fast growth in emerging Asian, South America and Middle Eastern & African economies. Asia-Pacific, in fact, is estimated as the largest, also the fastest growing, global market for Specialty Chemicals.

This growth can be attributed to rapid industrialization, improved standards of living in several developing regions, discernible shift in the global chemical industry's center of gravity towards the Middle East due to the abundant availability of cheap petrochemical feedstocks and Asian markets offering cheap labor coupled with fast economic growth.

Research Findings & Coverage

  • This global market research report on Specialty Chemicals analyzes the market with respect to chemical type
  • Specialty Chemicals market size is estimated/projected in this report by chemical type across all major regions/countries
  • Specialty Chemical Companies Take to Adopting Digital Platforms
  • Specialty Chemicals Sector Earmarks Funds for COVID-19 Stimulus Packages
  • Specialty Chemicals Market Shaped by Environmental Legislations and Efficiency
  • Smart Coatings Now a "Smart" Option
  • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
  • Major companies profiled - 61
  • The industry guide includes the contact details for 240 companies

Product Outline

  • Adhesives & Sealants
  • Agrochemicals
  • Catalysts
  • Construction Chemicals
  • Electronic Chemicals
  • Engineering Thermoplastics
  • Nutraceutical Ingredients
  • Paints & Coatings
  • Specialty Films
  • Others

Analysis Period, Units and Growth Rates

  • The report reviews, analyzes and projects the global Specialty Chemicals market for the period 2017-2026 in terms of value in US$; and the compound annual growth rates (CAGRs) projected from 2020 through 2026. The report focuses on COVID-19 impact on the market with concentrating on YOY growth rates for 2019-2020.

Geographic Coverage

  • North America (The United States, Canada and Mexico)
  • Europe (France, Germany, Italy, the United Kingdom and Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea and Rest of Asia-Pacific)
  • South America (Argentina, Brazil and Rest of South America)
  • Rest of World

KEY MARKET TRENDS

  • Specialty Chemical Companies Take to Adopting Digital Platforms
  • Specialty Chemicals Sector Earmarks Funds for COVID-19 Stimulus Packages
  • Specialty Chemicals Assisting FMCG Companies in Being Sustainable
  • Specialty Chemicals Market Shaped by Environmental Legislations and Efficiency
  • Digital Lab Notebook Software Helps Specialty Chemical Producers in Staying Competitive
  • Smart Coatings Now a "Smart" Option
  • Specialty Chemicals a Key Component of the Automotive Industry

KEY GLOBAL PLAYERS

  • 3M Company (United States)
  • ADM (United States)
  • Air Products and Chemicals, Inc. (United States)
  • Akzo Nobel N.V. (The Netherlands)
  • Albemarle Corporation (United States)
  • Altana AG (Germany)
  • Arkema SA (France)
  • Ashland Global Holdings, Inc. (United States)
  • BASF SE (Germany)
  • Bayer AG (Germany)
  • Buckman Laboratories International, Inc. (United States)
  • Chevron Phillips Chemical Company LP (United States)
  • Clariant AG (Switzerland)
  • Croda International PLC (United Kingdom)
  • Daicel Corporation (Japan)
  • Dorf-Ketal Chemicals India Private Limited (India)
  • The Dow Chemical Company (United States)
  • Eastman Chemical Company (United States)
  • Element Solutions Inc. (United States)
  • Elevance Renewable Sciences, Inc. (United States)
  • Evonik Industries AG (Germany)
  • GEO Specialty Chemicals, Inc. (United States)
  • H.B. Fuller Company (United States)
  • INEOS Group AG (United Kingdom)
  • ICL Group Ltd. (Israel)
  • Johnson Matthey PLC (United Kingdom)
  • Lanxess AG (Germany)
  • Lubrizol Corporation, The (United States)
  • Lyondellbasell Industries N.V. (The Netherlands)
  • Merck KGaA (Germany)
  • Mitsui Chemicals, Inc. (Japan)
  • Nippon Chemical Industrial Co., Ltd. (Japan)
  • Novozymes A/S (Denmark)
  • Perstorp Holding AB (Sweden)
  • Pidilite Industries Ltd. (India)
  • PPG Industries, Inc. (United States)
  • Saudi Basic Industries Corporation (SABIC) (Saudi Arabia)
  • Solvay SA (Belgium)
  • Sumitomo Chemical Co., Ltd. (Japan)
  • Toray Fine Chemicals Co., Ltd. (Japan)
  • W.R. Grace & Company (United States)
  • Wacker Chemie AG (Germany)

For more information about this report visit https://www.researchandmarkets.com/r/4vknhq