Global Specialty Chemicals Market report, market size, share, trends, analysis and forecast to 2028

Stratistics MRC's Global Specialty Chemicals Market value is expected to reach $1,307.14 billion growing at a CAGR of 7.0% during 2022-2028.

Specialty chemicals are applicable in industry-specific requirements. These chemicals impart a variety of features to the products, have a high degree of value addition and are produced in small volumes. Specialty chemicals, also called as effect chemicals, these are chemicals which provide different effects when added to different chemicals or substances. Speciality chemicals are resources used on the basis of their performance or purpose.

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By geography, North America is projected to hold the largest market share during the forecast period, as North America is a chief user of cosmetic chemicals, biocides, inhibitors, corrosion, institutional cleaners, lubricating oil additives, and synthetic lubricants, which account for a large share of the market. The increasing demand for construction chemicals from the U.S. and Canada on account of an upsurge in investments in infrastructure projects has also aided North America to secure constructive market growth. As a result, this province is regarded as a promising destination for specialty chemical manufacturers owing to the profitable investment opportunities provided to foreign players.

Some of the key players profiled in the Specialty Chemicals Market include BASF SE, The DOW Chemical Company, Solvay SA, PPG Industries, Novozymes, LANXESS, Huntsman Corporation, Henkel AG & Co. KGAA, Ferro Corporation, Evonik Industries AG , ESpecialty Chemicalson Mobil Corporation, Clariant AG, Chevron Phillips Chemical Company , Bayer AG, Ashland Inc., Albemarle Corporation, Akzonobel N.V.

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All the customers of this report will be entitled to receive one of the following free customization options:
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● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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