Report Description
This report analyzes and forecasts the specialty chemicals market on the global and regional level. The study provides historic data of 2014 along with forecast from 2015 to 2023 based on revenue (US$ Bn).
The study provides a decisive view of the specialty chemicals market by dividing it into product, application, and regional segments. Product segments have been analyzed based on current trends and future potential. The market has been estimated from 2015 to 2023 in terms of revenue (US$ Bn). Regional segmentation includes current and forecast demand for North America, Europe, Rest of Asia Pacific, Latin America, and Middle East & Africa. These regions have been further sub-segmented into countries and sub-regions with relevance to the market. Segmentation also includes demand for individual product type and applications in all regions.
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Scope
Asia Pacific accounted for over 45% of the specialty chemicals market share in 2014, followed by North America and Europe. The specialty chemicals market in Asia Pacific is anticipated to exhibit the fastest-growth rate, expanding at a CAGR of over 6% between 2015 and 2023. Outlook for the specialty chemicals market in Latin America is likely to be positive owing to rising industrialization in Brazil. Demand for specialty chemicals in Middle East & Africa (MEA) is anticipated rise at a steady pace due to ongoing and upcoming construction projects in the region.
Key Players
Key companies include BASF SE, The Dow Chemical Company, Bayer AG, E. I. du Pont de Nemours and Company (DuPont), INEOS Group AG., Ashland Inc., Clariant AG, Huntsman Corporation, Arkema S.A., Evonik Industries AG, Chevron Philips Chemical Company, Syngenta AG, Albemarle Corporation, Chemtura Corporation, Eastman Chemical Company, Solvay, and Akzo Nobel N.V.
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