Specialty Chemicals Market Analysis and Forecast 2019-2028
Market Introduction
The global specialty chemicals market is estimated to grow at a rate of around 5% during the forecast period. Specialty chemicals are used by various industries like the agricultural, construction, and transportation industry, among others. In cement production, specialty chemicals are used as combustion agents, fuels, gypsum, and set controller. In concrete, these are used to prepare chemical admixtures and superplasticizers such as RMC, SCC, and RPC. As corrosion inhibitors, they are used as, retarders, and freeze-thaw agents. Specialty chemicals are useful for the automotive industry as they are essential for the smooth functioning of vehicles. The increasing population coupled with the growing demand for foods across the globe are some of the major factors surging the demand for food additives and in turn, driving the growth of the global specialty chemicals market. Additionally, rising demand for high-performance and function-specific chemicals across end use sectors such as oil and gas, pulp and paper, and personal care and cosmetics are other market growth factors. However, variation in raw materials and strict regulations by the government are the key restraints of the specialty chemicals market.
Market Segmentation
The global specialty chemical market is analyzed into type, function, and region. On the basis of type, Agrochemicals, Cleaning Chemicals, Construction Chemicals, Electronic Chemicals, Adhesives & Sealants, Polymer & Plastic Additives, Textile Chemicals, and Others (Paper Chemicals, etc.). Construction chemicals are expected to contribute significantly over the forecast period owing to the large demand for specialty chemicals across the growing chemical industry globally. Based on the function, the market is segmented into Antioxidants, Biocides, Catalysts, Special Enzymes, Specialty Coatings, Specialty Pigments, Surfactants, and Others (Demulsifiers, etc.). Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, Middle East & Africa.
Market Structure and Competitive Landscape
The global specialty chemicals market is highly fragmented in nature with the presence of a large number of manufacturers in the market including Albemarle Corporation, Ashland LLC, BASF SE, Bayer AG, Clariant AG, Huntsman International LLC, 3M Company, Sumitomo Chemical Company, and Solvay SA, Mitsubishi Chemical Corporation, Vink Chemicals GmbH & Co. KG, and DuPont de Nemours Inc. among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global specialty chemicals market include
• In July 2021, Platinum Equity acquired Solenis, Dubilier & Rice, and BASF for a value of US$ 5.2 billion and merged them with Sigura Water.
• In July 2021, two specialty chemicals business lines of H20 Innovation Inc., PWT and Genesys joined together to form the H20 Innovation Specialty Chemicals Group.
Global Specialty Chemicals Market Analysis and Forecast 2019-2028 Table of Contents 1. Market Introduction 1.1. Scope of Study 1.2. Problem Statement 1.3. Market Segmentation 2. Assumptions and Acronyms 3. Executive Summary 3.1. Global Market in 2022 3.2. Analyst Insights & Recommendations 3.3. Growth Opportunities and Key Strategies 3.4. Supply-side and Demand-side Trends 4. Research Methodology 5. Analysis of COVID-19 Impact and Road Ahead 6. Market Indicators and Background 6.1. Macro-Economic Factors 6.2. Forecasting Factors Robust assessment of various factors including industrial performance, industry players' expenditures, economic conditions, among others 6.3. Supply Chain & Value Chain Analysis 6.3.1. Specialty Chemicals Manufacturers 6.3.2. Chemicals Manufacturers and Suppliers 6.4. Industry SWOT Analysis 6.5. PESTLE Analysis 6.6. Porter's Five Forces Analysis 7. Government Laws and Industry Regulations 8. Global and Regional Market Dynamics 8.1. Drivers 8.2. Restraints 8.3. Trends 8.4. Opportunities 9. Global Specialty Chemicals Market: Trade Analysis 9.1. EXIM Analysis by Type 9.2. EXIM Analysis by Region 10. Global Specialty Chemicals Market: Key Investment Analysis 10.1. By Specialty Chemicals Market Manufacturers 10.2. By Region 10.3. M&A Activities Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and key end-use sector 11. Parent Market Overview: Global Chemicals Market 12. Segmental Analysis 12.1. Global Specialty Chemicals Market by Type 12.1.1. Segment Overview 12.1.1.1. Agrochemicals 12.1.1.2. Cleaning Chemicals 12.1.1.3. Construction Chemicals 12.1.1.4. Electronic Chemicals 12.1.1.5. Adhesives & Sealants 12.1.1.6. Polymer & Plastic Additives 12.1.1.7. Textile chemicals 12.1.1.8. Others (Paper Chemicals, etc) 12.2. Global Specialty Chemicals Market by Function 12.2.1. Antioxidants 12.2.2. Biocides 12.2.3. Catalysts 12.2.4. Special Enzymes 12.2.5. Specialty Coatings 12.2.6. Specialty Pigments 12.2.7. Surfactant 12.2.8. Others (Demulsifiers etc.) 12.3. Global Specialty Chemicals Market by Region 12.3.1. North America 12.3.2. Latin America 12.3.3. Western Europe 12.3.4. Eastern Europe 12.3.5. Asia Pacific 12.3.6. Middle East & Africa 13. Regional Analysis 13.1. North America Specialty Chemicals Market Analysis and Forecast 2019-2028 13.1.1. Regional Market Overview and Key Takeaways 13.1.2. North America Specialty Chemicals Market by Type 13.1.3. North America Specialty Chemicals Market by Function 13.1.4. North America Specialty Chemicals Market by Country 13.1.4.1. US 13.1.4.2. Canada 13.2. Latin America Specialty Chemicals Market Analysis and Forecast 2019-2028 13.2.1. Regional Market Overview and Key Takeaways 13.2.2. Latin America Specialty Chemicals Market by Type 13.2.3. Latin America Specialty Chemicals Market by Function 13.2.4. Latin America Specialty Chemicals Market by Country 13.2.4.1. Brazil 13.2.4.2. Mexico 13.2.4.3. Rest of Latin America 13.3. Western Europe Specialty Chemicals Market Analysis and Forecast 2019-2028 13.3.1. Regional Market Overview and Key Takeaways 13.3.2. Western Europe Specialty Chemicals Market by Type 13.3.3. Western Europe Specialty Chemicals Market by Function 13.3.4. Western Europe Specialty Chemicals Market by Country 13.3.4.1. Germany 13.3.4.2. UK 13.3.4.3. France 13.3.4.4. Spain 13.3.4.5. Italy 13.3.4.6. Benelux 13.3.4.7. Nordic 13.3.4.8. Rest of Western Europe 13.4. Eastern Europe Specialty Chemicals Market Analysis and Forecast 2019-2028 13.4.1. Regional Market Overview and Key Takeaways 13.4.2. Eastern Europe Specialty Chemicals Market by Type 13.4.3. Eastern Europe Specialty Chemicals Market by Function 13.4.4. Eastern Europe Specialty Chemicals Market by Country 13.4.4.1. Russia 13.4.4.2. Poland 13.4.4.3. Rest of Eastern Europe 13.5. Asia Pacific Specialty Chemicals Market Analysis and Forecast 2019-2028 13.5.1. Regional Market Overview and Key Takeaways 13.5.2. Asia Pacific Specialty Chemicals Market by Type 13.5.3. Asia Pacific Specialty Chemicals Market by Function 13.5.4. Asia Pacific Specialty Chemicals Market by Country 13.5.4.1. China 13.5.4.2. Japan 13.5.4.3. India 13.5.4.4. South Korea 13.5.4.5. Australia 13.5.4.6. ASEAN 13.5.4.7. Rest of Asia-Pacific 13.6. Middle East & Africa Specialty Chemicals Market Analysis and Forecast 2019-2028 13.6.1. Regional Market Overview and Key Takeaways 13.6.2. Middle East & Africa Specialty Chemicals Market by Type 13.6.3. Middle East & Africa Specialty Chemicals Market by Function 13.6.4. Middle East & Africa Specialty Chemicals Market by Country 13.6.4.1. GCC 13.6.4.2. South Africa 13.6.4.3. Turkey 13.6.4.4. Rest of the Middle East & Africa 14. Competitive Landscape 14.1. Competition Dashboard 14.1.1. Global and Regional Market Share Analysis 14.1.2. Market Structure 14.2. Competitive Benchmarking 14.3. Key Strategy Analysis 14.4. Company Profiles 14.4.1. Albemarle Corporation 14.4.1.1. Company Overview 14.4.1.2. Product/Service Offerings 14.4.1.3. Key Financials 14.4.1.4. Recent Developments 14.4.2. Ashland LLC 14.4.2.1. Company Overview 14.4.2.2. Product/Service Offerings 14.4.2.3. Financials 14.4.2.4. Recent Developments 14.4.3. BASF SE 14.4.3.1. Company Overview 14.4.3.2. Product/Service Offerings 14.4.3.3. Financials 14.4.3.4. Recent Developments 14.4.4. Bayer AG 14.4.4.1. Company Overview 14.4.4.2. Product/Service Offerings 14.4.4.3. Financials 14.4.4.4. Recent Developments 14.4.5. Clariant AG 14.4.5.1. Company Overview 14.4.5.2. Product/Service Offerings 14.4.5.3. Financials 14.4.5.4. Recent Developments 14.4.6. Huntsman International LLC 14.4.6.1. Company Overview 14.4.6.2. Product/Service Offerings 14.4.6.3. Financials 14.4.6.4. Recent Developments 14.4.7. 3M Company 14.4.7.1. Company Overview 14.4.7.2. Product/Service Offerings 14.4.7.3. Financials 14.4.7.4. Recent Developments 14.4.8. Sumitomo Chemical company 14.4.8.1. Company Overview 14.4.8.2. Product/Service Offerings 14.4.8.3. Financials 14.4.8.4. Recent Developments 14.4.9. Solvay SA 14.4.9.1. Company Overview 14.4.9.2. Product/Service Offerings 14.4.9.3. Financials 14.4.9.4. Recent Developments 14.4.10. Mitsubishi Chemical Corporation 14.4.10.1. Company Overview 14.4.10.2. Product/Service Offerings 14.4.10.3. Financials 14.4.10.4. Recent Developments 14.4.11. Vink Chemicals GmbH & Co. KG 14.4.11.1. Company Overview 14.4.11.2. Product/Service Offerings 14.4.11.3. Financials 14.4.11.4. Recent Developments 14.4.12. DuPont de Nemours, Inc. 14.4.12.1. Company Overview 14.4.12.2. Product/Service Offerings 14.4.12.3. Financials 14.4.12.4. Recent Developments 15. Disclaimer
Global Specialty Chemicals Market List of Figures Figure 01: Global Specialty Chemicals Market Volume (???000 tons), 2019-2021 Figure 02: Global Specialty Chemicals Market Volume (???000 tons) & Y-o-Y Growth (%) Analysis, 2022-2028 Figure 03: Specialty Chemicals, Pricing Analysis per unit (US$), in 2022 Figure 04: Specialty Chemicals, Pricing Forecast per unit (US$), in 2028 Figure 05: Global Specialty Chemicals Market Value Analysis (US$ Mn), 2019-2021 Figure 06: Global Specialty Chemicals Market Size (US$ Mn) & Y-o-Y Growth (%) Analysis, 2022-2028 Figure 07: Global Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 08: Global Specialty Chemicals Market Y-o-Y Analysis (%) by Type, 2022-2028 Figure 09: Global Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028 Figure 10: Global Specialty Chemicals Market Y-o-Y Analysis (%) by Function, 2022-2028 Figure 11: Global Specialty Chemicals Market Size and Market Share Analysis (%) by Region, 2022 & 2028 Figure 12: Global Specialty Chemicals Market Y-o-Y Growth (%) by Region, 2022-2028 Figure 13: North America Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 14: North America Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028 Figure 15: North America Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 16: Latin America Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 17: Latin America Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028 Figure 18: Latin America Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 19: Western Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 20: Western Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028 Figure 21: Western Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 22: Eastern Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 23: Eastern Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028 Figure 24: Eastern Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 25: Asia Pacific Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 26: Asia Pacific Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028 Figure 27: Asia Pacific Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 28: Middle East & Africa Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028 Figure 29: Middle East & Africa Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028 Figure 30: Middle East & Africa Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028 List of Tables Table 1: Global Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 2: Global Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Type Table 3: Global Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function Table 4: Global Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Function Table 5: Global Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Region Table 6: Global Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Region Table 7: North America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 8: North America Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Type Table 9: North America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function Table 10: North America Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Function Table 11: North America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 12: North America Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Country Table 13: Latin America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 14: Latin America Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Type Table 15: Latin America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function Table 16: Latin America Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Function Table 17: Latin America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 18: Latin America Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Country Table 19: Western Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 20: Western Europe Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Type Table 21: Western Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function Table 22: Western Europe Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Function Table 23: Western Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 24: Western Europe Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Country Table 25: Eastern Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 26: Eastern Europe Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Type Table 27: Eastern Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function Table 28: Eastern Europe Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Function Table 29: Eastern Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 30: Eastern Europe Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Country Table 31: Asia Pacific Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 32: Asia Pacific Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Type Table 33: Asia Pacific Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function Table 34: Asia Pacific Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Function Table 35: Asia Pacific Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 36: Asia Pacific Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Country Table 37: Middle East & Africa Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type Table 38: Middle East & Africa Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Type Table 39: Middle East & Africa Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function Table 40: Middle East & Africa Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Function Table 41: Middle East & Africa Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 42: Middle East & Africa Specialty Chemicals Market Volume (???000 tons) Analysis and Forecast 2019-2028, by Country
Publisher: RationalStat
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