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Global Specialty Chemicals Market Outlook to 2026

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  • 207 Pages
  • March 2021
  • Region: Global
  • BlueQuark Research & Consulting
  • ID: 5398070
Specialty chemicals are low-volume, high-value, and high-margin chemicals that are used in low quantities and are targeted towards specific end-use applications. The major factors responsible for the growth of the global specialty chemicals market is increasing demand from the construction industry especially in the Asia-Pacific region coupled with the increasing demand for cleaning chemicals due to the outbreak of the Covid-19 pandemic. The market is also driven by the increasing technological innovations in the specialty chemicals resulting in high performance and efficiency.

However, the growth of the market is expected to be hindered by the stringent regulations on the production of specialty chemicals and short-term disruptions in the supply chain as a result of the Covid-19 pandemic. There has been a strong impact on the supply of raw materials to produce specialty chemicals across the globe. The majority of the raw materials for specialty chemicals production takes place in China. With the outbreak or pandemic and the transportation and logistics restrictions, there has been a supply shortage during the q1 2020. Between March 2019 and March 2020, the specialty chemicals market in the United States witnessed a growth rate of -4.4%.

In 2019, the consumption of specialty chemicals was high in the Asia-Pacific region owing to the presence of a large base of end-user industries in the region. The major end-user industries for specialty chemicals in the region include construction, chemicals, agriculture, personal care, and cosmetics among others. Asia-Pacific region exhibited the highest growth rate during the forecast period and is anticipated to dominate the market in terms of specialty chemical consumption.

The global market for specialty chemicals is highly fragmented owing to the presence of a large number of players in both local and international markets. Each segment of specialty chemicals is dominated by a different set of producers.

In April 2020, BASF SE appointed BTC Europe as a distribution partner for the entire personal care portfolio in the UK and Ireland. BASF Care Creations personal care portfolio includes surfactants, emulsions, polymers, cosmetic active ingredients.

In March 2020, Cargill and BASF entered distribution collaboration to bring enzyme solutions to MEA (Middle East and Africa) region. According to the collaboration, Cargill will be the strategic marketing and sales channel partner of BASF’s animal feed enzymes.

GlobalSpecialty ChemicalsMarketreport provides deep insight into the current and future state ofspecialty chemicalsmarket across various regions.The study comprehensively analyzes thespecialty chemicalsmarket by segmenting based on geography, by product type(Adhesives & Sealants, Catalysts, Construction Chemicals, Cosmetic Chemicals, Dyes, Inks and Pigments, Electronic Chemicals, Mining Chemicals, Flavours & Fragrances, Food Additives,Industrial & Institutional Cleaners, Oilfield Chemicals, Leather Chemicals, Lubricants & Oil Additives, Pulp & Paper Chemicals,Plastic Additives, Paints & Coatings, Water Treatment Chemicals, Specialty Polymers, Textile Chemicals, and Rubber Processing Chemicals). The report examines the market drivers and restraints along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscapewith profiles of major companies including their market shares and projects.
This product will be updated with the latest data at the time of order. Consequently, dispatch time for this product will be 7-10 business days.

Table of Contents

1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 Adhesives & Sealants
5.2 Catalysts
5.3 Construction Chemicals
5.4 Cosmetic Chemicals
5.5 Dyes, Inks, & Pigments
5.6 Electronic Chemicals
5.7 Mining Chemicals
5.8 Flavors & Fragrances
5.9 Food Additives
5.10 Industrial & Institutional Cleaners
5.11 Oilfield Chemicals
5.12 Leather Chemicals
5.13 Lubricant & Oil Additives
5.14 Pulp & Paper Chemicals
5.15 Plastic Additives
5.16 Paints & Coatings
5.17 Water Treatment Chemicals
5.18 Specialty Polymers
5.19 Rubber Processing Chemicals
5.20 Textile Chemicals
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 United Kingdom
6.2.2 Germany
6.2.3 Italy
6.2.4 France
6.2.5 Russia
6.2.6 Nordic Countries
6.2.7 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 ASEAN Countries
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
7. Key Company Profiles
7.1 3M
7.2 AECI
7.3 Afton Chemicals
7.4 Air Liquide
7.5 Ajinomoto Co., Inc.
7.6 AkzoNobel N.V.
7.7 Archer Daniels Midland Company
7.8 Archroma
7.9 Arkema Group
7.10 Baker Hughes Company
7.11 BASF SE
7.12 Cargill, Incorporated
7.13 Chevron Corporation
7.14 Chevron Phillips Chemical Company
7.15 Clariant AG
7.16 Eastman Chemical Company
7.17 Ecolab (NALCO Champion)
7.18 Evonik Industries AG
7.19 Exxon Mobil Corporation
7.20 Firmenich SA
7.21 Givaudan
7.22 H.B. Fuller Co.
7.23 Halliburton
7.24 Henkel AG & Co. KGaA
7.25 Honeywell International Inc.
7.26 Infineum International Limited
7.27 International Flavors & Fragrances Inc.
7.28 Kemira
7.29 Kurita Water Industries Ltd
7.30 Lanxess AG
7.31 Lonza Group
7.32 MAPEI
7.33 Nippon Paint Holdings Co., Ltd.
7.34 Nouryon
7.35 PPG Industries Inc.
7.36 Praxair Technology, Inc7.37 Procter & Gamble
7.38 R.T. Vanderbilt Holding Company, Inc.
7.39 RPM International
7.40 Schlumberger Limited
7.41 Sensient Technologies Corporation
7.42 Sika AG
7.43 Solenis
7.44 Solvay S.A.
7.45 Suez
7.46 Symrise AG
7.47 The Dow Chemical Company
7.48 The Lubrizol Corporation
7.49 The Sherwin-Williams Company
7.50 Transene Company, Inc
7.51 Wacker Chemie AG
7.52 Innospec Inc.
*List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 3M
  • AECI
  • Afton Chemicals
  • Air Liquide
  • Ajinomoto Co. Inc.
  • AkzoNobel N.V.
  • Archer Daniels Midland Company
  • Archroma
  • Arkema Group
  • Baker Hughes Company
  • Cargill Incorporated
  • Chevron Corporation
  • Chevron Phillips Chemical Company
  • Clariant AG
  • Eastman Chemical Company
  • Ecolab (NALCO Champion)
  • Evonik Industries AG
  • Exxon Mobil Corporation
  • Firmenich SA
  • Givaudan