Specialty Chemicals Market to grow by USD 357.76 billion between 2022 to 2027 | Albemarle Corp., Ashland Inc., BASF SE, and more among key companies - Technavio

NEW YORK, Oct. 9, 2023 /PRNewswire/ -- The specialty chemicals market size is expected to grow by USD 357.76 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 6.97% during the forecast period, according to Technavio. We provide a detailed analysis of 20 companies operating in the specialty chemicals market, including  Albemarle Corp., Ashland Inc., BASF SE, Beardow and Adams Adhesives Ltd., Clariant International Ltd., Danimer Scientific Inc., Dow Chemical Co., Dymax Corp., Evonik Industries AG, Exxon Mobil Corp., H.B. Fuller Co., Henkel AG and Co. KGaA, Huntsman International LLC, Lanxess AG, Nouryon Chemicals Holding BV, PPG Industries Inc., Prince International Corp., Saudi Arabian Oil Co., Shree Ganesh Remedies Ltd., and Solvay SA. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Free Sample Report

Specialty Chemicals Market 2023-2027: Company Analysis

Albemarle Corp. - The company offers a wide range of specialty chemicals such as Bromine Specialties, Catalysts and Lithium.

• This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information.

Specialty Chemicals Market 2023-2027: Segmentation

End-user

• The Agrochemicals segment will contribute the highest market share growth during the forecast period. Agrochemicals are used to improve the quality and yield of crops. They are mainly classified into fertilizers and pesticides. Fertilizers are further segmented into nitrogenous, potassic, phosphatic, and others, whereas the different segments of pesticides include insecticides, herbicides, bio-pesticides, and others.

Geography 

• By Geography, APAC is estimated to contribute 60% to the growth of the global market during the forecast period. Countries like China, Japan, India, Vietnam, South Korea, Malaysia, and Australia. China, Japan, South Korea, and India majorly contribute to the regional market growth. The growth can be attributed to rapid industrialization and the increasing demand for agrochemicals, plastic additives, food additives, and adhesives and sealants in the region.
• Other regions include North America, Europe, South America, and Middle East and Africa.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View Free PDF Sample Report

Specialty Chemicals Market 2023-2027: Key Highlights

• Historic Market Size 2017-2021
• CAGR of the market during 2023-2027
• Detailed information on factors that will assist specialty chemicals market growth during the next five years
• Estimation of the specialty chemicals market size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behavior
• The growth of the specialty chemicals market
• Analysis of the competitive landscape and detailed information on companies
• Comprehensive details of factors that will impede the growth of specialty chemicals market companies

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by End-user

Market Segmentation by Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio