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Specialty Chemicals Market Size, Share, Trends, and Growth 2019-2026


(EnergyIndustry.Net, December 18, 2019 ) Market Overview

The global Specialty Chemicals Market was valued at USD YY million in 2018. The research at DMI yielded diverse opinions about the market with the worldwide Specialty Chemicals market forecast valuation pegged at USD YY million by 2026.

The research also revealed that the global Specialty Chemicals Market size is expected to grow at a CAGR of 5,1 % during the forecast period (2019-2026).

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Growth Factors of the Specialty Chemicals Market

Across the globe, chemical producers are slowly heading towards the specialty chemicals from commodity chemicals. Shift from price-sensitive chemicals to low-volume, high value and high margin specialty chemicals are seen in the industry from the past decade.

The substantial enlargement of specialty chemicals across the world is a positive indicator of the new trend.

What are the application segments of Global Specialty Chemicals Market?

High demand for function-specific chemicals is increasing the market for the use of Speciality chemicals. They provide a wide variety of effects on which many other industry sectors depend upon.

The upsurge of high-performance coatings and increased demand in end-user industries such as construction, automotive and electronics are the other factors attributing to the growth of the market. Industrialization in Asia-Pacific supplemented by low labor cost and economic growth also drives demand.

“Automotive Industry dominates the end user industry.”

Automotive is a fast-growing industry which is creating a high demand for paints, coatings, lubricants, adhesives, and others to reduce weight and foster cost savings.

The automotive industry is gradually replacing the welding activities of engine parts assembly with adhesives and sealants products to reduce the vehicle weight, which in turn increases fuel efficiency. Specialty chemicals are accounting for about 20% of overall vehicle weights and also efficient in meeting the emission & sustainability guidelines and regulations.

Market Segmentation

Specialty Chemicals Market is segmented based on various criteria into the following categories

Based on the type

Adhesives & Sealants,


Construction Chemicals,

Cosmetic Chemicals,


Inks, & Pigments,

Electronic Chemicals,

Flavors & Fragrances,

Food Additives,

Foundry Chemicals,

industrial & institutional Cleaners,

Lubricants & Oil Additives,

Mining Chemicals,

Oilfield Chemicals,

Paints & Coatings,

Plastic Additives,

Rubber Processing Chemicals,

Specialty Polymers,

Textile Chemicals, and

Water Treatment Chemicals

Based on End Users

Automotive & transportation,

Construction, Agriculture,

Industrial manufacturing,

Consumer goods, and


Based on Geography

North America,

South America,


The Asia Pacific and


Market Trends

In 2015, Solvay acquired the US-based Cytec to upgrade its portfolio of advanced materials.Mitsubishi has shifted its focus towards the specialty chemicals by shutting down its ethylene crackers business and investing in carbon fiber and composites, organic photovoltaic modules and organic photo-semiconductors.

Features of this report

The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

The report profiles the following companies, which combined occupy most of the global specialty chemicals market share, including Albemarle Corporation, BASF SE, Henkel AG & Co. KGaA, Ashland Inc., Dymax Corporation, Evonik Industries AG, Solvay S.A., Albemarle Corporation, PPG Industries, AkzoNobel, H.B. Fuller, Huntsman Corporation, Ferro Corporation, Chemtura Corporation, EYYonMobil Corp., 3M, The Dow Chemical Company, Avery Dennison, Royal Adhesives & Sealants, Beardow & Adams (Adhesives) Ltd, and Uniseal Inc.

Key takeaways from this report

The professional purchasing the DMI report on global specialty chemicals market will be able to do the following

Visualize the composition of the Speciality Chemicals market across each indication, regarding type and applications, highlighting the critical commercial assets and players.

Identify commercial opportunities in Speciality Chemicals by analyzing trends and co-development deals.

Excel data sheet with thousands of data points in the Speciality Chemicals market – level 4/5 segmentation

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

Product mapping in excel for the critical Speciality Chemicals products of all major market players

Professionals who can derive maximum benefits out of this report

Raw Material Suppliers/ Buyers

Product Suppliers/ Buyers

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals

Emerging Companies


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For any enquiry about the report@

About Us:

DataM Intelligence was established on an elemental idea of publishing Advanced Market Research Reports with precise data points & utmost accuracy that will accelerate the decision-making in designing disruptive solutions. We monitor and analyze the market by dissecting various parameters such as market influencers, competitive intensity, innovations, trends, and emerging products.

For more information:

Sai Kiran

Sales Manager



DataM Intelligence

Sai Kiran

+1 877 441 4866

Source: EmailWire.Com

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