The global Specialty Chemicals market was valued at US$ 624530 million in 2022 and is projected to reach US$ 761380 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Speciality chemicals are materials used on the basis of their performance or function. Consequently, in addition to "effect" chemicals they are sometimes referred to as "performance" chemicals or "formulation" chemicals.
This report aims to provide a comprehensive presentation of the global market for Specialty Chemicals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Specialty Chemicals. This report contains market size and forecasts of Specialty Chemicals in global, including the following market information:
Global Specialty Chemicals Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Specialty Chemicals Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Specialty Chemicals companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Special Polymers Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Specialty Chemicals include Chevron Phillips Chemical Company, BASF SE, Akzo Nobel N.V., Clariant International Ltd, Evonik Industries AG, Lanxess, Cytec Industries Inc., Albemarle Corporatio and Ferro Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Specialty Chemicals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Specialty Chemicals Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Specialty Chemicals Market Segment Percentages, by Type, 2022 (%)
- Special Polymers
- Construction Chemicals
- Industrial Cleaner
- Electronic Chemicals
- Surface Active Agent
- Flavors and Fragrances
- Special Coatings
- Water-soluble Polymers
- Catalyzer
- Other (oilfield chemicals, food additives, plastic additives, etc.)
Global Specialty Chemicals Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Specialty Chemicals Market Segment Percentages, by Application, 2022 (%)
- Soap Cleaning Products
- Food and Beverage
- Electronics and Electricity
- Construction Industry
- Other
Global Specialty Chemicals Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Specialty Chemicals Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Specialty Chemicals revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Specialty Chemicals revenues share in global market, 2022 (%)
- Key companies Specialty Chemicals sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Specialty Chemicals sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Chevron Phillips Chemical Company
- BASF SE
- Akzo Nobel N.V.
- Clariant International Ltd
- Evonik Industries AG
- Lanxess
- Cytec Industries Inc.
- Albemarle Corporatio
- Ferro Corporation
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Specialty Chemicals, market overview.
- Chapter 2: Global Specialty Chemicals market size in revenue and volume.
- Chapter 3: Detailed analysis of Specialty Chemicals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Specialty Chemicals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Specialty Chemicals capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
