China and Japan are expected to lead the Asia-Pacific market. The specialty chemicals market was estimated at around USD 900 billion in 2020, and the market is projected to register a CAGR of over 4% during the forecast period (2021-2026). The technological level of dyes & pigments from domestic producers appears to be on par with other advanced countries, but it lags in the development of specialty chemicals that . The market size is valued at USD 627.7 billion in 2021 and it is expected to grow to USD 886.2 billion by 2030, at a CAGR of 4.3% during 2022-2030. It is expected to reach INR 6,995.86 Bn by FY 2027, expanding at a CAGR of ~16.66% during the FY 2021 FY 2027 period. This report includes market dynamics as well as recent developments in the Specialty Chemicals Market forecast from 2022 to 2030. It is expected to reach INR 6,995.86 Bn by FY 2027, expanding at a CAGR of ~16.66% during the FY 2021 ? Sandy, USA, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled "Specialty Chemicals Market Size, Share, Growth Analysis Report By Product Type . Commoditization of specialty-chemical businesses poses a structural . Specialty polymers, industrial and institutional cleaners, construction chemicals, electronic chemicals, and flavors and fragrances . At its core specialty chemicals are recognized due to their ability to provide various effects to numerous industries that are catered by them, for instance, food, cosmetics, oil . Specialty chemicals are particular chemicals that help provide a variety of effects to the various industries they serve, such as textiles, ink additives, construction, oil and gas, cosmetics and the like. The APAC specialty chemicals market was valued at $259.6 billion in 2017 and is projected to reach $361.0 billion by 2023, witnessing a CAGR of 5.7% during the forecast period. Specialty chemicals cover areas such as paints and inks, cosmetic additives, food additives, construction chemicals, lubricants, surfactants, cleaning materials, colors, elastomers, and textile auxiliaries. The chemical industry faces dual impact from demand and oil price collapse owing to COVID-19. According to the report published by Zion Market Research, global demand for Specialty Chemicals market was valued at approximately USD 630 Billion in 2019, and is expected to generate revenue of around USD 750 Billion by end of 2026, growing at a CAGR of around 3-4% between 2020 and 2026. The global specialty chemicals market size was valued at USD 586.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2028. At the entry level, we look for the finest minds with the best attitude, and a genuine interest in what we do. The specialty chemicals market size in terms of value is projected to reach $470 Billion by 2020, at a CAGR of 5.42% between 2015 and 2020. Third-party distribution of specialty chemicals grew 7.0 percent annually from 2008 through 2013 to a total market size of 71 billion in 2013 (compared with a 6.2 percent CAGR and a 97 billion market size for commodity distribution). Specialty Chemicals Market Outlook - 2027 The global specialty chemicals market was valued at $711.0 billion in 2019, and is projected to reach $953.9 billion by 2027, growing at a CAGR of 5.0% from 2020 to 2027. The global impact of COVID-19 has been unprecedented and staggering, with specialty chemicals witnessing a negative demand shock across all regions amid the pandemic. Meanwhile, the combination of new, low-cost market entrantsespecially from Chinaand too much capacity means that the prices of increasing numbers of products are determined not by the value they deliver to customers but by their production costs and freight to market. This research report on the specialty chemical provides in-depth analysis of the global market based on functions and applications markets and major geographies for the period from 2014 to 2020. The specialty oilfield chemicals market is segmented on the basis of type, and application. Construction chemicals are expected to witness the highest growth rate of 8.63% from 2015 to 2020. . Specialty chemicals are a niche segment that offers special ingredients to improve the performance of several end-users, including construction, automotive, cosmetic, textile, and agricultural industries. Thus, the industry has huge potential for growth over the next few years. As the chemical industry moves into 2022, strong demand for both commodity and specialty chemicals should keep prices robust throughout the year. FY 2027 period. DOWNLOAD PDF. This market research report, from KD Market Insights, studies the Specialty Chemicals market for the forecast period of 2020 to 2025 in terms of Value (USD million) and Volume (m2/tons). The market was negatively impacted by the COVID-19 outbreak in 2020. The market was negatively impacted by the COVID-19 outbreak in 2020. [194 Pages Report] The specialty oilfield chemicals market size is projected to reach USD 13.4 billion by 2025 from USD 10.9 billion in 2020, at a CAGR of 4.2%. China has a large production base of specialty chemicals through joint ventures, partnerships and wholly owned entities. Global Specialty Chemical Market was valued US$ 200 Bn in 2019 and is estimated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast. The United States Specialty Chemicals market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. The global specialty chemicals market by revenue is expected to grow at a CAGR of 5.60% during the period 2020-2026. Global Specialty Pulp And Paper Chemicals Market 2022-2026 The analyst has been monitoring the specialty pulp and paper chemicals market and it is poised to grow by $8. Specialty Chemicals Market Research Reports & Industry Analysis. The growth rate for the specialty chemicals market in the Middle East is estimated to be between 5-8% (2020-2028). The global specialty chemicals market is forecast to grow to US$ 979.1 billion by 2030 by registering a compound annual. Global Specialty Chemicals Market Expected To Reach $953.9 Billion by 2027. Demand for chemicals is experiencing severe shocks across . The report focuses on COVID-19 impact on the market with concentrating on YOY growth rates for 2019-2020. To learn more about this report, Request a Free sample Our specialty chemicals market intelligence solutions are designed to help manufacturers understand the specialty chemicals market space and facilitate efficient capital investment decisions. The continuous research and development have made goods with optimum and sophisticated characteristics easier to produce. 4. Coagulants and flocculants are the most widely used chemicals, followed by . Specialty Oilfield Chemicals Market Country Level Analysis. Top Speciality Chemicals Stocks in India by Market Capitalization: Get the List of Top Speciality Chemicals Companies in India (BSE) based on Market Capitalization Factors such as rise in construction industry, growth in. The global specialty chemicals market size was reached at USD 721.06 billion in 2019 and is projected to hit USD 957.30 billion by 2027, expanding growth at a CAGR of 4.9% from 2020 to 2027. The global water treatment chemicals market is likely to reach USD 157.42 billion by 2026, growing at a CAGR of 5.79%. Some of the downstream users for the specialty chemicals market include mining, water, wastewater treatment plants, construction, etc. 78 bn during 2022-2026 . The report reviews, analyzes and projects the global Specialty Chemicals market for the period 2017-2026 in terms of value in US$; and the compound annual growth rates (CAGRs) projected from 2020 through 2026. The corona crisis is having major impact on the global chemical industry, is 5th hardest hit industry in the economy. Specialty Chemicals Market 2022 - 2030 - Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MDC Research The global Specialty Chemicals market size will reach USD 735830 million in 2028, growing at a CAGR of 3.1% over the analysis period. Specialty chemicals are a group of highly valued, rapid-growth chemicals that appeal to multiple market sectors. Pesticides account for a major share, by type, in terms of value, in the specialty chemicals market. 5. The size of the market was USD 627.7 billion in 2020 and is expected to touch USD 641.2 billion in 2021, shares Fortune Business Insights in its report, titled "Specialty Chemicals Market . In FY 2020, the specialty chemicals market was valued at INR 2,441.66 Bn. Specialty Chemicals Market Intelligence maintains a team of analysts, managers and account specialists who are immersed in the global Specialty Chemicals space and work with leading companies and investors in this space each day. The global specialty chemicals market is expected to reach value of around US$ 301 Bn by 2026 and is anticipated to grow at a CAGR of around 4.8% in terms of revenue during the forecast period 2019 to 2026. 3. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The specialty chemical marketplace is drastically changing along with the rising cost of raw materials and products. The global chemicals market is expected to record a value of US$6.58 trillion in 2026, recording growth at a CAGR of 7.38%, for the time period of 2022-2026. The challenge to accommodate a new merger or acquisition based on the existing business system. The Middle East Specialty Chemicals Market Analysis, 2022, by MarkNtel Advisors presents a well-researched, detail-driven, and accurate study for the stakeholders. Geographic Coverage This growth is predicted to occur at a promising CAGR of 4.7% during the forecast period from 2017 to 2023. Specialty polymers, industrial and institutional cleaners, electronic chemicals, surfactants, and flavors and fragrances were the largest sectors. Chemicals Market by Type (Corrosion Inhibitors, Coagulants and Flocculants), Source (Bio-based, Synthetic), End User (Residential, Municipal, and Industrial), and . Specialty chemicals: The next big opportunity in the Arabian Gulf . 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