1 Executive Summary
2 Market Introduction
2.1 Definition 20
2.2 Scope of the Study 20
2.3 List of Assumptions 21
2.4 Market Structure 21
3 Research Methodology
3.1 Research Process 23
3.2 Primary Research 24
3.3 Secondary Research 25
3.4 Market Size Estimation 25
3.5 Forecast Model 26
4 Market Dynamics
4.1 Introduction 28
4.2 Drivers 29
4.2.1 Diverse application range of specialty chemicals 29
4.2.2 Shift from commodity chemicals to specialty chemicals 30
4.2.3 Favorable trend in the automotive industry 31
4.3 Restraints 32
4.3.1 Fluctuation in raw material prices 32
4.4 Opportunities 32
4.4.1 Market collaborations in the cosmetic industry along with increasing demand 32
4.4.2 Shifting industrial dynamics to Asia Pacific and Middle East 33
4.5 Challenges 33
4.5.1 Stringent regulatory policies 33
4.5.2 Prices associated with biobased products 34
5 Market Factor Analysis
5.1 Supply Chain Analysis 36
5.1.1 Raw Material Suppliers 36
5.1.2 Specialty chemical Producers 37
5.1.3 Distribution Channel 37
5.1.4 Application Industry 37
5.2 Porter’s Five Force Analysis 38
5.2.1 Threat of New Entrants 38
5.2.2 Threat of Rivalry 38
5.2.3 Threat of Substitute 38
5.2.4 Bargaining Power of Supplier 39
5.2.5 Bargaining Power of Buyer 39
6 Global Specialty Chemicals Market, By Source
6.1 Introduction 41
6.2 Crude Oil 43
6.3 Naphtha 44
6.4 Ethane 45
6.5 Propane 46
6.6 Wood 47
6.7 Butane 48
6.8 Others 49
7 Global Specialty Chemicals Market, By Type
7.1 Introduction 51
7.2 Agrochemicals 54
7.2.1 Insecticide 55
7.2.2 Fungicides 56
7.2.3 Herbicides 57
7.2.4 Ammonium Sulphate Fertilizers 58
7.2.5 Calcium Nitrate Fertilizers 59
7.2.6 Others 60
7.3 Flavors Ingredients 61
7.3.1 Dairy 62
7.3.2 Beverages 63
7.3.3 Savory 64
7.3.4 Others 65
7.4 Fragrances Ingredients 66
7.4.1 Hair Care 67
7.4.2 Personal Care 68
7.4.3 Fabric Care 69
7.4.4 Others 70
7.5 Dyes & Pigments 71
7.6 Personal Care Active Ingredients 72
7.7 Water Treatment Chemicals 73
7.7.1 Calcium Nitrate 74
7.7.2 Other Water Treatment Chemicals 75
7.8 Construction Chemicals 76
7.8.1 Calcium Carbonate 77
7.8.2 Other Construction Chemicals 78
7.9 Surfactants 79
7.9.1 Anionic 80
7.9.2 Nonionic 81
7.9.3 Cationic 82
7.9.4 Amphoteric 83
7.10 Textile Chemicals 84
7.11 Polymer Additives 85
7.12 Bio-Based Chemicals 86
7.12.1 Acetic Acid 87
7.12.2 Furfural 88
7.12.3 Ethanol 89
7.12.4 Others 90
7.13 Others 91
8 Global Specialty Chemicals Market, By Region
8.1 Introduction 93
8.2 North America 97
8.2.1 U.S 101
8.2.2 Canada 103
8.3 Europe 107
8.3.1 Germany 111
8.3.2 UK 114
8.3.3 France 116
8.3.1 Italy 120
8.3.2 Poland 122
8.3.3 Rest of Europe 126
8.4 Asia-Pacific 128
8.4.1 China 132
8.4.2 Japan 135
8.4.3 India 139
8.4.4 Australia & New Zealand 141
8.4.5 South Korea 144
8.4.6 Rest of Asia-Pacific 148
8.5 Middle East & Africa 150
8.5.1 Turkey 154
8.5.2 Iran 157
8.5.3 Rest of Middle East & Africa 160
8.6 Latin America 163
8.6.1 Brazil 168
8.6.2 Mexico 170
8.6.3 Argentina 174
8.6.4 Rest of Latin America 177
9 Competitive Landscape
9.1 Introduction 181
9.2 Key development analysis 181
9.3 Expansion 182
9.3.1 Acquisition 184
9.3.2 Agreement 185
9.3.3 Product Launch 186
10 Company Profile
10.1 Solvay SA 188
10.1.1 Company Overview 188
10.1.2 Financial Overview 188
10.1.3 Products Offerings 189
10.1.4 Key Developments 189
10.1.5 SWOT Analysis 190
10.1.6 Key Strategy 190
10.2 AkzoNobel NV 191
10.2.1 Company Overview 191
10.2.2 Financial Overview 191
10.2.3 Products Offerings 192
10.2.4 Key Developments 192
10.2.5 SWOT Analysis 193
10.2.6 Key Strategy 193
10.3 Lenzing AG 194
10.3.1 Company Overview 194
10.3.2 Financial Overview 194
10.3.3 Products Offerings 195
10.3.4 Key Developments 195
10.3.5 SWOT Analysis 195
10.3.6 Key Strategy 195
10.4 BHS Specialty Chemicals 196
10.4.1 Company Overview 196
10.4.2 Financial Overview 196
10.4.3 Products Offerings 196
10.4.4 Key Developments 197
10.4.5 SWOT Analysis 197
10.4.6 Key Strategy 197
10.5 Givaudan 198
10.5.1 Company Overview 198
10.5.2 Financial Overview 198
10.5.3 Products Offerings 199
10.5.4 Key Developments 199
10.5.5 SWOT Analysis 200
10.5.6 Key Strategy 200
10.6 Ashland Inc 201
10.6.1 Company Overview 201
10.6.2 Financial Overview 201
10.6.3 Products Offerings 202
10.6.4 Key Developments 202
10.6.5 SWOT Analysis 203
10.6.6 Key Strategy 203
10.7 Evonik Industries AG 204
10.7.1 Company Overview 204
10.7.2 Financial Overview 204
10.7.3 Products Offerings 205
10.7.4 Key Developments Efficiency 205
10.7.5 SWOT Analysis 206
10.7.6 Key Strategy 206
10.8 Henkel AG & Co. KGaA 207
10.8.1 Company Overview 207
10.8.2 Financial Overview 207
10.8.3 Products Offerings 208
10.8.4 Key Developments 208
10.8.5 SWOT Analysis 209
10.8.6 Key Strategy 209
10.9 ExxonMobil Corporation 210
10.9.1 Company Overview 210
10.9.2 Financial Overview 210
10.9.3 Products Offerings 211
10.9.4 Key Developments 211
10.9.5 SWOT Analysis 212
10.9.6 Key Strategy 212
10.10 DowDuPont, Inc 213
10.10.1 Company Overview 213
10.10.2 Financial Overview 213
10.10.3 Products Offerings 214
10.10.4 Key Developments 214
10.10.5 SWOT Analysis 215
10.10.6 Key Strategy 215
10.11 BASF SE 216
10.11.1 Company Overview 216
10.11.2 Financial Overview 216
10.11.3 Products Offerings 217
10.11.4 Key Developments 217
10.11.5 SWOT Analysis 218
10.11.6 Key Strategy 218
10.12 Lanxess AG 219
10.12.1 Company Overview 219
10.12.2 Financial Overview 219
10.12.3 Products Offerings 220
10.12.4 Key Developments 220
10.12.5 SWOT Analysis 221
10.12.6 Key Strategy 221
10.13 Clariant AG 222
10.13.1 Company Overview 222
10.13.2 Financial Overview 222
10.13.3 Products Offerings 223
10.13.4 Key Developments 224
10.13.5 SWOT Analysis 224
10.13.6 Key Strategy 224
10.14 Croda International Inc. 225
10.14.1 Company Overview 225
10.14.2 Financial Overview 225
10.14.3 Products Offerings 226
10.14.4 Key Developments 226
10.14.5 SWOT Analysis 227
10.14.6 Key Strategy 227
10.15 H.B. Fuller 228
10.15.1 Company Overview 228
10.15.2 Financial Overview 228
10.15.3 Products Offerings 229
10.15.4 Key Developments 229
10.15.5 SWOT Analysis 230
10.15.6 Key Strategy 230
11 Conclusion
12 List of Tables
TABLE 1 LIST OF ASSUMPTIONS 21
TABLE 2 GLOBAL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 41
TABLE 3 GLOBAL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KT) 42
TABLE 4 GLOBAL SPECIALTY CHEMICALS MARKET FOR CRUDE OIL, 2020-2027 (USD MILLION) 43
TABLE 5 GLOBAL SPECIALTY CHEMICALS MARKET FOR CRUDE OIL, 2020-2027 (KT) 43
TABLE 6 GLOBAL SPECIALTY CHEMICALS MARKET FOR NAPHTHA, 2020-2027 (USD MILLION) 44
TABLE 7 GLOBAL SPECIALTY CHEMICALS MARKET FOR NAPHTHA, 2020-2027 (KT) 44
TABLE 8 GLOBAL SPECIALTY CHEMICALS MARKET FOR ETHANE, 2020-2027 (USD MILLION) 45
TABLE 9 GLOBAL SPECIALTY CHEMICALS MARKET FOR ETHANE, 2020-2027 (KT) 45
TABLE 10 GLOBAL SPECIALTY CHEMICALS MARKET FOR PROPANE, 2020-2027 (USD MILLION) 46
TABLE 11 GLOBAL SPECIALTY CHEMICALS MARKET FOR PROPANE, 2020-2027 (KT) 46
TABLE 12 GLOBAL SPECIALTY CHEMICALS MARKET FOR WOOD, 2020-2027 (USD MILLION) 47
TABLE 13 GLOBAL SPECIALTY CHEMICALS MARKET FOR WOOD, 2020-2027 (KT) 47
TABLE 14 GLOBAL SPECIALTY CHEMICALS MARKET FOR BUTANE, 2020-2027 (USD MILLION) 48
TABLE 15 GLOBAL SPECIALTY CHEMICALS MARKET FOR BUTANE, 2020-2027 (KT) 48
TABLE 16 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (USD MILLION) 49
TABLE 17 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (KT) 49
TABLE 18 GLOBAL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 52
TABLE 19 GLOBAL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KT) 53
TABLE 20 GLOBAL SPECIALTY CHEMICALS MARKET FOR AGROCHEMICALS, 2020-2027 (USD MILLION) 54
TABLE 21 GLOBAL SPECIALTY CHEMICALS MARKET FOR AGROCHEMICALS, 2020-2027 (KT) 54
TABLE 22 GLOBAL SPECIALTY CHEMICALS MARKET FOR INSECTICIDE, 2020-2027 (USD MILLION) 55
TABLE 23 GLOBAL SPECIALTY CHEMICALS MARKET FOR INSECTICIDE, 2020-2027 (KT) 55
TABLE 24 GLOBAL SPECIALTY CHEMICALS MARKET FOR FUNGICIDES, 2020-2027 (USD MILLION) 56
TABLE 25 GLOBAL SPECIALTY CHEMICALS MARKET FOR FUNGICIDES, 2020-2027 (KT) 56
TABLE 26 GLOBAL SPECIALTY CHEMICALS MARKET FOR HERBICIDES, 2020-2027 (USD MILLION) 57
TABLE 27 GLOBAL SPECIALTY CHEMICALS MARKET FOR HERBICIDES, 2020-2027 (KT) 57
TABLE 28 GLOBAL SPECIALTY CHEMICALS MARKET FOR AMMONIUM SULPHATE FERTILIZERS, 2020-2027 (USD MILLION) 58
TABLE 29 GLOBAL SPECIALTY CHEMICALS MARKET FOR AMMONIUM SULPHATE FERTILIZERS, 2020-2027 (KT) 58
TABLE 30 GLOBAL SPECIALTY CHEMICALS MARKET FOR CALCIUM NITRATE FERTILIZERS, 2020-2027 (USD MILLION) 59
TABLE 31 GLOBAL SPECIALTY CHEMICALS MARKET FOR CALCIUM NITRATE FERTILIZERS, 2020-2027 (KT) 59
TABLE 32 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (USD MILLION) 60
TABLE 33 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (KT) 60
TABLE 34 GLOBAL SPECIALTY CHEMICALS MARKET FOR FLAVOURS INGREDIENTS, 2020-2027 (USD MILLION) 61
TABLE 35 GLOBAL SPECIALTY CHEMICALS MARKET FOR FLAVOURS INGREDIENTS, 2020-2027 (KT) 61
TABLE 36 GLOBAL SPECIALTY CHEMICALS MARKET FOR DAIRY, 2020-2027 (USD MILLION) 62
TABLE 37 GLOBAL SPECIALTY CHEMICALS MARKET FOR DAIRY, 2020-2027 (KT) 62
TABLE 38 GLOBAL SPECIALTY CHEMICALS MARKET FOR BEVERAGES, 2020-2027 (USD MILLION) 63
TABLE 39 GLOBAL SPECIALTY CHEMICALS MARKET FOR BEVERAGES, 2020-2027 (KT) 63
TABLE 40 GLOBAL SPECIALTY CHEMICALS MARKET FOR SAVORY, 2020-2027 (USD MILLION) 64
TABLE 41 GLOBAL SPECIALTY CHEMICALS MARKET FOR SAVORY, 2020-2027 (KT) 64
TABLE 42 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (USD MILLION) 65
TABLE 43 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (KT) 65
TABLE 44 GLOBAL SPECIALTY CHEMICALS MARKET FOR FRAGRANCES INGREDIENTS, 2020-2027 (USD MILLION) 66
TABLE 45 GLOBAL SPECIALTY CHEMICALS MARKET FOR FRAGRANCES INGREDIENTS, 2020-2027 (KT) 66
TABLE 46 GLOBAL SPECIALTY CHEMICALS MARKET FOR HAIR CARE, 2020-2027 (USD MILLION) 67
TABLE 47 GLOBAL SPECIALTY CHEMICALS MARKET FOR HAIR CARE, 2020-2027 (KT) 67
TABLE 48 GLOBAL SPECIALTY CHEMICALS MARKET FOR PERSONAL CARE, 2020-2027 (USD MILLION) 68
TABLE 49 GLOBAL SPECIALTY CHEMICALS MARKET FOR PERSONAL CARE, 2020-2027 (KT) 68
TABLE 50 GLOBAL SPECIALTY CHEMICALS MARKET FOR FABRIC CARE, 2020-2027 (USD MILLION) 69
TABLE 51 GLOBAL SPECIALTY CHEMICALS MARKET FOR FABRIC CARE, 2020-2027 (KT) 69
TABLE 52 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (USD MILLION) 70
TABLE 53 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (KT) 70
TABLE 54 GLOBAL SPECIALTY CHEMICALS MARKET FOR DYES & PIGMENTS, 2020-2027 (USD MILLION) 71
TABLE 55 GLOBAL SPECIALTY CHEMICALS MARKET FOR DYES & PIGMENTS, 2020-2027 (KT) 71
TABLE 56 GLOBAL SPECIALTY CHEMICALS MARKET FOR PERSONAL CARE ACTIVE INGREDIENTS, 2020-2027 (USD MILLION) 72
TABLE 57 GLOBAL SPECIALTY CHEMICALS MARKET FOR PERSONAL CARE ACTIVE INGREDIENTS, 2020-2027 (KT) 72
TABLE 58 GLOBAL SPECIALTY CHEMICALS MARKET FOR WATER TREATMENT CHEMICALS, 2020-2027 (USD MILLION) 73
TABLE 59 GLOBAL SPECIALTY CHEMICALS MARKET FOR WATER TREATMENT CHEMICALS, 2020-2027 (KT) 73
TABLE 60 GLOBAL SPECIALTY CHEMICALS MARKET FOR CALCIUM NITRATE, 2020-2027 (USD MILLION) 74
TABLE 61 GLOBAL SPECIALTY CHEMICALS MARKET FOR CALCIUM NITRATE, 2020-2027 (KT) 74
TABLE 62 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHER WATER TREATMENT CHEMICALS, 2020-2027 (USD MILLION) 75
TABLE 63 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHER WATER TREATMENT CHEMICALS, 2020-2027 (KT) 75
TABLE 64 GLOBAL SPECIALTY CHEMICALS MARKET FOR CONSTRUCTION CHEMICALS, 2020-2027 (USD MILLION) 76
TABLE 65 GLOBAL SPECIALTY CHEMICALS MARKET FOR CONSTRUCTION CHEMICALS, 2020-2027 (KT) 76
TABLE 66 GLOBAL SPECIALTY CHEMICALS MARKET FOR CALCIUM CARBONATE, 2020-2027 (USD MILLION) 77
TABLE 67 GLOBAL SPECIALTY CHEMICALS MARKET FOR CALCIUM CARBONATE, 2020-2027 (KT) 77
TABLE 68 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHER CONSTRUCTION CHEMICALS, 2020-2027 (USD MILLION) 78
TABLE 69 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHER CONSTRUCTION CHEMICALS, 2020-2027 (KT) 78
TABLE 70 GLOBAL SPECIALTY CHEMICALS MARKET FOR SURFACTANTS, 2020-2027 (USD MILLION) 79
TABLE 71 GLOBAL SPECIALTY CHEMICALS MARKET FOR SURFACTANTS, 2020-2027 (KT) 79
TABLE 72 GLOBAL SPECIALTY CHEMICALS MARKET FOR ANIONIC, 2020-2027 (USD MILLION) 80
TABLE 73 GLOBAL SPECIALTY CHEMICALS MARKET FOR ANIONIC, 2020-2027 (KT) 80
TABLE 74 GLOBAL SPECIALTY CHEMICALS MARKET FOR NONIONIC, 2020-2027 (USD MILLION) 81
TABLE 75 GLOBAL SPECIALTY CHEMICALS MARKET FOR NONIONIC, 2020-2027 (KT) 81
TABLE 76 GLOBAL SPECIALTY CHEMICALS MARKET FOR CATIONIC, 2020-2027 (USD MILLION) 82
TABLE 77 GLOBAL SPECIALTY CHEMICALS MARKET FOR CATIONIC, 2020-2027 (KT) 82
TABLE 78 GLOBAL SPECIALTY CHEMICALS MARKET FOR AMPHOTERIC, 2020-2027 (USD MILLION) 83
TABLE 79 GLOBAL SPECIALTY CHEMICALS MARKET FOR AMPHOTERIC, 2020-2027 (KT) 83
TABLE 80 GLOBAL SPECIALTY CHEMICALS MARKET FOR TEXTILE CHEMICALS, 2020-2027 (USD MILLION) 84
TABLE 81 GLOBAL SPECIALTY CHEMICALS MARKET FOR TEXTILE CHEMICALS, 2020-2027 (KT) 84
TABLE 82 GLOBAL SPECIALTY CHEMICALS MARKET FOR POLYMER ADDITIVES, 2020-2027 (USD MILLION) 85
TABLE 83 GLOBAL SPECIALTY CHEMICALS MARKET FOR POLYMER ADDITIVES, 2020-2027 (KT) 85
TABLE 84 GLOBAL SPECIALTY CHEMICALS MARKET FOR BIO-BASED CHEMICALS, 2020-2027 (USD MILLION) 86
TABLE 85 GLOBAL SPECIALTY CHEMICALS MARKET FOR BIO-BASED CHEMICALS, 2020-2027 (KT) 86
TABLE 86 GLOBAL SPECIALTY CHEMICALS MARKET FOR ACETIC ACID, 2020-2027 (USD MILLION) 87
TABLE 87 GLOBAL SPECIALTY CHEMICALS MARKET FOR ACETIC ACID, 2020-2027 (KT) 87
TABLE 88 GLOBAL SPECIALTY CHEMICALS MARKET FOR FURFURAL, 2020-2027 (USD MILLION) 88
TABLE 89 GLOBAL SPECIALTY CHEMICALS MARKET FOR FURFURAL, 2020-2027 (KT) 88
TABLE 90 GLOBAL SPECIALTY CHEMICALS MARKET FOR ETHANOL, 2020-2027 (USD MILLION) 89
TABLE 91 GLOBAL SPECIALTY CHEMICALS MARKET FOR ETHANOL, 2020-2027 (KT) 89
TABLE 92 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (USD MILLION) 90
TABLE 93 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (KT) 90
TABLE 94 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (USD MILLION) 91
TABLE 95 GLOBAL SPECIALTY CHEMICALS MARKET FOR OTHERS, 2020-2027 (KT) 91
TABLE 96 GLOBAL SPECIALTY CHEMICALS MARKET, BY REGION, 2020-2027 (USD MILLION) 93
TABLE 97 GLOBAL SPECIALTY CHEMICALS MARKET, BY REGION, 2020-2027 (KILOTONS) 94
TABLE 98 GLOBAL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 95
TABLE 99 GLOBAL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 95
TABLE 100 GLOBAL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 96
TABLE 101 GLOBAL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 97
TABLE 102 NORTH AMERICA SPECIALTY CHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 98
TABLE 103 NORTH AMERICA SPECIALTY CHEMICALS MARKET, BY COUNTRY, 2020-2027 (KILOTONS) 98
TABLE 104 NORTH AMERICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 98
TABLE 105 NORTH AMERICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 99
TABLE 106 NORTH AMERICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 99
TABLE 107 NORTH AMERICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 100
TABLE 108 U.S SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 101
TABLE 109 U.S SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 101
TABLE 110 U.S SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 102
TABLE 111 U.S SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 103
TABLE 112 CANADA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 103
TABLE 113 CANADA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 104
TABLE 114 CANADA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 105
TABLE 115 CANADA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 106
TABLE 116 EUROPE SPECIALTY CHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 107
TABLE 117 EUROPE SPECIALTY CHEMICALS MARKET, BY COUNTRY, 2020-2027 (KILOTONS) 108
TABLE 118 EUROPE SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 108
TABLE 119 EUROPE SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 109
TABLE 120 EUROPE SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 109
TABLE 121 EUROPE SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 110
TABLE 122 GERMANY SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 111
TABLE 123 GERMANY SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 111
TABLE 124 GERMANY SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 112
TABLE 125 GERMANY SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 113
TABLE 126 UK SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 114
TABLE 127 UK SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 114
TABLE 128 UK SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 115
TABLE 129 UK SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 116
TABLE 130 FRANCE SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 116
TABLE 131 FRANCE SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 117
TABLE 132 FRANCE SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 118
TABLE 133 FRANCE SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 119
TABLE 134 ITALY SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 120
TABLE 135 ITALY SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 120
TABLE 136 ITALY SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 121
TABLE 137 ITALY SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 122
TABLE 138 POLAND SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 122
TABLE 139 POLAND SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 123
TABLE 140 POLAND SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 124
TABLE 141 POLAND SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 125
TABLE 142 REST OF EUROPE SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 126
TABLE 143 REST OF EUROPE SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 126
TABLE 144 REST OF EUROPE SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 127
TABLE 145 REST OF EUROPE SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 128
TABLE 146 ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 129
TABLE 147 ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY COUNTRY, 2020-2027 (KILOTONS) 129
TABLE 148 ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 130
TABLE 149 ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 130
TABLE 150 ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 131
TABLE 151 ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 132
TABLE 152 CHINA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 132
TABLE 153 CHINA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 133
TABLE 154 CHINA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 134
TABLE 155 CHINA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 135
TABLE 156 JAPAN SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 135
TABLE 157 JAPAN SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 136
TABLE 158 JAPAN SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 137
TABLE 159 JAPAN SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 138
TABLE 160 INDIA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 139
TABLE 161 INDIA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 139
TABLE 162 INDIA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 140
TABLE 163 INDIA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 141
TABLE 164 AUSTRALIA & NEW ZEALAND SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 141
TABLE 165 AUSTRALIA & NEW ZEALAND SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 142
TABLE 166 AUSTRALIA & NEW ZEALAND SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 143
TABLE 167 AUSTRALIA & NEW ZEALAND SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 144
TABLE 168 SOUTH KOREA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 144
TABLE 169 SOUTH KOREA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 145
TABLE 170 SOUTH KOREA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 146
TABLE 171 SOUTH KOREA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 147
TABLE 172 REST OF ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 148
TABLE 173 REST OF ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 148
TABLE 174 REST OF ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 149
TABLE 175 REST OF ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 150
TABLE 176 MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 151
TABLE 177 MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 151
TABLE 178 MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 152
TABLE 179 MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 153
TABLE 180 TURKEY SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 154
TABLE 181 TURKEY SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 154
TABLE 182 TURKEY SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 155
TABLE 183 TURKEY SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 156
TABLE 184 IRAN SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 157
TABLE 185 IRAN SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 157
TABLE 186 IRAN SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 158
TABLE 187 IRAN SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 159
TABLE 188 REST OF MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 160
TABLE 189 REST OF MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 160
TABLE 190 REST OF MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 161
TABLE 191 REST OF MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 162
TABLE 192 LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY COUNTRY , 2020-2027 (USD MILLION) 163
TABLE 193 LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY COUNTRY , 2020-2027 (KILOTONS) 163
TABLE 194 LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 164
TABLE 195 LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 164
TABLE 196 LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 166
TABLE 197 LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 167
TABLE 198 BRAZIL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 168
TABLE 199 BRAZIL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 168
TABLE 200 BRAZIL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 169
TABLE 201 BRAZIL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 170
TABLE 202 MEXICO SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 170
TABLE 203 MEXICO SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 171
TABLE 204 MEXICO SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 172
TABLE 205 MEXICO SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 173
TABLE 206 ARGENTINA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 174
TABLE 207 ARGENTINA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 174
TABLE 208 ARGENTINA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 175
TABLE 209 ARGENTINA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 176
TABLE 210 REST OF LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD MILLION) 177
TABLE 211 REST OF LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KILOTONS) 177
TABLE 212 REST OF LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD MILLION) 178
TABLE 213 REST OF LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KILOTONS) 179
TABLE 214 KEY DEVELOPMENT ANALYSIS 182
13 List of Figures
FIGURE 1 GLOBAL SPECIALTY CHEMICALS MARKET: MARKET STRUCTURE 21
FIGURE 2 RESEARCH PROCESS OF MRFR 23
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH 26
FIGURE 4 MARKET DYNAMICS OVERVIEW 28
FIGURE 5 REVENUE GENERATION GROM BUILDING & CONSTRUCTION INDUSTRY IN INDIA 30
FIGURE 6 GLOBAL LIGHTWEIGHT VEHICLE FORECAST 31
FIGURE 7 REGIONAL PERSONAL CARE INDUSTRY SHARE IN 2020 33
FIGURE 8 SUPPLY CHAIN ANALYSIS 36
FIGURE 9 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL SPECIALTY CHEMICALS MARKET 38
FIGURE 10 GLOBAL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (USD BIILLION) 41
FIGURE 11 GLOBAL SPECIALTY CHEMICALS MARKET, BY SOURCE, 2020-2027 (KT) 42
FIGURE 12 GLOBAL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (USD BIILLION) 51
FIGURE 13 GLOBAL SPECIALTY CHEMICALS MARKET, BY TYPE, 2020-2027 (KT) 53
FIGURE 14 GLOBAL SPECIALTY CHEMICALS MARKET, BY REGION, 2020-2027 (USD MILLION) 93
FIGURE 15 GLOBAL SPECIALTY CHEMICALS MARKET, BY REGION, 2020-2027 (KILOTONS) 94
FIGURE 16 NORTH AMERICA SPECIALTY CHEMICALS MARKET, BY COUNTRY (2020) 97
FIGURE 17 EUROPE SPECIALTY CHEMICALS MARKET, BY COUNTRY (2020) 107
FIGURE 18 ASIA-PACIFIC SPECIALTY CHEMICALS MARKET, BY COUNTRY (2020) 128
FIGURE 19 MIDDLE EAST & AFRICA SPECIALTY CHEMICALS MARKET, BY COUNTRY (2020) 150
FIGURE 20 LATIN AMERICA SPECIALTY CHEMICALS MARKET, BY COUNTRY (2020) 163
特殊化学品市場
世界市場は9000億米ドル相当の最終市場収益に達すると推定されており、2030年の予測期間の終わりまでに 4% の世界的なCAGRを予測しています。
$900 Billion
市場規模
4%
CAGR
Asia-Pacific
支配的な地域
2021-2030
予測期間
セグメンテーション
キープレーヤー
- BASF (Germany)
- Ashland Inc. (U.S.)
- Clariant AG (Switzerland)
- Dow Chemical (U.S.)
- Evonik Industries (Germany)
- Akzo Nobel N.V (Netherlands)
- Bayer AG (Germany)
運転手
- Diverse Application Range Of Specialty Chemicals
- Shift From Commodity Chemicals To Specialty Chemicals
- Favorable Trend In The Automotive Industry
特殊化学品市場の概要
特殊化学品市場は、2030年までに9000億米ドルの価値があると予測されており、予測期間（2021年から2030年）に4％のCAGRを記録しています。
COVID19 分析
COVID19パンデミックの全体的な広がりは、企業とその組み立ておよび生産ユニットに影響を与えました。スペシャリティケミカル市場の主な参加者は、現在、ビジネスの強化をもたらすことによって機能規模を拡大することに注目しています。このステップは、危険因子とリスクを制限し、さらに、新しいコロナウイルスのパンデミックによって導入された動的性に耐えるために取られています。ショッピングセンター、小売プラザ、および市場の製品やサービスを利用してビジネスを運営するさまざまな組織は、熟練した労働力にアクセスできず、不完全および完全なロックダウンやその他の機能制限の両方の負担によって作業できないために停止されました。
スペシャリティケミカル市場動向の対象読者と著名な参加者は、COVID19パンデミックの影響を受けています。これらの傾向は、パンデミックが到来して以来、成長と需要の減少という形で大きな影響を目の当たりにしています。同様に、理想的な市場オーディエンスは、市場製品と国際ポートフォリオの拡大を目の当たりにする可能性があります。オンラインポータルの利用の増加は、市場が高まるニーズと拡大する需要を満たすのに役立っています。政府と世界市場のプレーヤーは、2030年に終了する予測期間の市場のプラス成長に影響を与える投資と開発の拡大の結果である市場サービスと製品を拡大しています。
マーケットダイナミクス
ドライバー
特殊化学品市場は、APAC、中東、アフリカ地域で収縮活動が力強い成長を遂げているため、パンデミック後、好調な成長と需要で回復する可能性があります。農薬は、市場の一部として、増加する人口のニーズを満たす能力と、世界のさまざまな地域で食料需要の増加に対応する能力のために、主要なゲームチェンジャーとして浮上する可能性があります。
拘束
2020年のCOVID-19の発生は、特殊化学品市場の収益に打撃を与えました。いくつかの国が封鎖されていました。OICAによると、世界の自動車生産は第2四半期に3,110万台に減少し、第3四半期には52.1台に減少しました。中国やヨーロッパなどの著名な国での自動車販売も非常に低かった。これらの要因により、2021-2030年の予測期間中の市場の成長が抑制されています。
テクノロジー分析
技術は市場の拡大において重要な役割を果たすため、優れた信頼性の高い技術の利用可能性に対する市場の依存性は、特殊化学品市場にとって前向きな特徴を持っています。市場動向は、研究開発活動が大幅に増加していると予測しています。この背後にある動機は、2030年に終了する予測期間中に有名な市場動向を推進し、浸透するための主要な機会を市場に提供するのに役立つ新しい市場製品の開発に対する突然の衝動です。
研究目標
- スペシャリティケミカル市場レポートは、グローバルなターゲットオーディエンスの高まるニーズに応えるのに役立つグローバル市場の機能の基礎を理解し、さらに、推進力のような市場のダイナミクスについて議論するのに役立ちます。市場に続いて、期間中の市場の成長を抑制する課題が続きます。レポートは、2028年の予測期間の終わりまでに市場の範囲を拡大する市場の側面をカバーしています。
- 市場レポートは、地域および国際市場の両方の市場動向に蔓延している特殊化学品市場の動向を強調し、さらに、ターゲットオーディエンスの高まるニーズを満たすのに役立つグローバル市場の細分化について議論し、その後に収益の可能性を判断します。セグメントと市場の成長能力を強化します。
- 市場レポートは、予測期間中に新しい市場競争を引き起こしている世界的な要因を理解するのにさらに役立ちます。市場レポートは、2028年に終了する予測期間中に国内および国際的な市場プレーヤーが行った合併と買収に基づいて、競争の激しい市場の状況を描いています。
セグメントの概要
スペシャリティケミカルズ市場の収益は、市場セグメントの素晴らしいパフォーマンスのため、2021年から208年の予測期間中に予測どおりに増加する可能性があります。市場セグメントは、期間中の市場製品に対する巨大な需要を満たし、生み出すのに役立ちます。市場セグメントは次のとおりです。
市場タイプに基づく
市場タイプに基づいてセグメント化される世界市場は、印刷インキ、農薬、高度なセラミック材料、特殊紙、繊維化学品、特殊ポリマー、水管理化学品、特殊界面活性剤、ポリマーなどの高まる需要に対応するのに役立ちます。
機能に基づく
市場機能に基づく市場細分化には、抗酸化物質、酵素、分離膜、特殊顔料、殺生物剤、特殊コーティング、酸化防止剤などが含まれます。
地域に基づく
市場運営は現在、北米地域、APAC地域、ヨーロッパ、その他の地域（ROW）の4つの主要地域で機能しています。
地域分析
市場の地理的区分に基づくと、APAC地域は最大の収益シェアを達成する可能性が高く、したがって、2021-2028年の予測期間の特殊化学品市場の動向を支配する可能性があります。ただし、最大の市場規模ステータスは、北米地域、次にヨーロッパ地域が保持しています。
競争環境
スペシャリティケミカルズ市場の収益は、次の市場関係者の機能により、2021年から2028年の継続的な予測期間中にかなりの市場金額に達する可能性があります。
- BASF (ドイツ)
- Ashland Inc. (米国)
- クラリアントAG（スイス）
- ダウケミカル (米国)
- エボニック・インダストリーズ (ドイツ)
- アクゾノーベルN.V. (オランダ)
- バイエル社 (ドイツ)
最近の動向
- 北米地域では、既存人口の一人当たりの所得が大幅に増加し、続いて米国、カナダ、メキシコなどの参加地域の人口レベルが大幅に上昇しています。また、これにより餌を与える口の数が増え、その結果、食用作物や換金作物の需要が高まっています。これらの傾向は、2028年に進行中の予測期間の終わりまでに世界的に推進されると予想されます。FAOが発表した統計によると、米国市場だけで食料と換金作物の需要は、2050年末までに50〜90％増加する可能性があります。
- スペシャリティケミカルズ市場の動向は、主にeによって推進されている建設セクターの需要の出現を目の当たりにする可能性があります。
Report Scope:
Report Attribute/Metric Details Market Size 2023: USD 900 Billion CAGR 4%(2021-2030) Base Year 2020 Forecast Period 2021 to 2030 Historical Data 2019 Forecast Units Value (USD Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered Source, Type Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Evonik Industries AG, Henkel AG & Co, ExxonMobil Corporation, Clariant AG, AkzoNobel NV, Lenzing AG, BHS Specialty Chemicals, Lanxess AG, BASF SE, Ashland Inc., Solvay SA, KGaA, DowDuPont, Key Market Opportunities Market Collaborations In The Cosmetic Industry Key Market Drivers - Diverse Application Range Of Specialty Chemicals
- Shift From Commodity Chemicals To Specialty Chemicals
- Favorable Trend In The Automotive Industry
Speak to Analyst Ask for Customization Frequently Asked Questions (FAQ) :
The APAC region is likely to emerge as the largest market for the market products and players.
The North American market consisting of the US and Canada is the second-largest growing region.
The market is likely to attain a global CAGR of 4% during the forecast period.
BASF (Germany),Ashland Inc. (U.S.),Clariant AG (Switzerland),Dow Chemical (U.S.),Evonik Industries (Germany),Akzo Nobel N.V (Netherlands),Bayer AG (Germany)
Global Specialty Chemicals Market: Competitive Landscape
The prominent players in the specialty chemicals market include Solvay SA, AkzoNobel NV, BASF SE, DowDuPont, Lenzing AG, BHS Specialty Chemicals, Evonik Industries AG, Ashland Inc., Henkel AG & Co. KGaA, ExxonMobil Corporation, Lanxess AG, and Clariant AG.
BASF SE, DowDuPont, AkzoNobel NV, and Exxon Mobil Corporation are collectively hold the lion’s share of this market. The global specialty chemicals market is fragmented and is represented by both by Tier-1 and Tier-2 companies. The Tier-1 manufacturers operating in this market have wide product portfolio and cater almost every end-use markets from agriculture to automotive. Many of the industry players are adopting collective approaches such as acquisition and expansion to increase their global presence.
BASF SE, one the leading chemical manufacturer is actively engaged in the provision of specialty chemicals. The company offers a range of compounds and intermediates solutions. In 2017, BASF signed an agreement to acquire selected parts of Bayers seed and non-selective herbicides business. This activity is undertaken by spending USD 6.97 billion. This acquisition includes Bayer’s global glufosinate-ammonium non-selective herbicide business, which is commercialized under the Liberty®, Basta® and Finale® brands, as well as its seed businesses for key row crops in selected markets.
DowDuPont, Inc., a holding company, which engages in the development of specialty materials, chemicals, and agricultural products. The company operates in the market through five major business segments: agriculture, performance materials & coatings, industrial intermediates & infrastructure, packaging & specialty plastics, and electronics & imaging. In 2017, DowDuPont Inc. announced expansion plan for the next two years. As per the proposed plan, the company would be spending around USD 100 million on the expansion of production capacity of specialty plastic material in Texas.
AkzoNobel NV is a holding company that engages in the manufacturing as well as the sale of coating and paint products. It operates through three core business segment: decorative paints, performance coatings, and specialty chemicals. In 2018, the company signed a co-operation agreement with INEOS Nitriles to expand production of biodegradable chelates, used in detergents and other industries. This strategic move is expected to complement company’s specialty chemicals business over the forthcoming years.
Exxon Mobil Corporation, international oil & gas company, produces crude oil, natural gas, petroleum products, and petrochemicals. The company is striving for sustainable future and is looking forward to develop an alternative to synthetic oil-based products. Also, it is focusing on acquiring market players in the South East Asian market to cater the demand for energy sources. For instance, Exxon Mobil Corporation acquired the world’s largest aromatics plant, i.e., Jurongs aromatics plant. This production facility is capable of producing 1.9 million tons of ethylene, which would complement Exxon Mobiles olefin production capacity.
Evonik Industries AG actively deals with the production of specialty chemical products. The company consistently invests in R&D activities to manufacture best specialty chemicals. In 2018, Evonik Industries made single-digit investment in its specialty methacrylate plant in the U.S. This activity has been undertaken to expand production capacity for VISIOMER® CROSSLINKERS. This expansion would help the company to meet the increasing demand from countries such as China and India.
