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Report
Global Specialty Chemicals Market Analysis and Forecast 2019-2028
Market Report I 2022-08-01 I 136 Pages I RationalStat
Specialty Chemicals Market Analysis and Forecast 2019-2028
Market Introduction
The global specialty chemicals market is estimated to grow at a rate of around 5% during the forecast period. Specialty chemicals are used by various industries like the agricultural, construction, and transportation industry, among others. In cement production, specialty chemicals are used as combustion agents, fuels, gypsum, and set controller. In concrete, these are used to prepare chemical admixtures and superplasticizers such as RMC, SCC, and RPC. As corrosion inhibitors, they are used as, retarders, and freeze-thaw agents. Specialty chemicals are useful for the automotive industry as they are essential for the smooth functioning of vehicles. The increasing population coupled with the growing demand for foods across the globe are some of the major factors surging the demand for food additives and in turn, driving the growth of the global specialty chemicals market. Additionally, rising demand for high-performance and function-specific chemicals across end use sectors such as oil and gas, pulp and paper, and personal care and cosmetics are other market growth factors. However, variation in raw materials and strict regulations by the government are the key restraints of the specialty chemicals market.
Market Segmentation
The global specialty chemical market is analyzed into type, function, and region. On the basis of type, Agrochemicals, Cleaning Chemicals, Construction Chemicals, Electronic Chemicals, Adhesives & Sealants, Polymer & Plastic Additives, Textile Chemicals, and Others (Paper Chemicals, etc.). Construction chemicals are expected to contribute significantly over the forecast period owing to the large demand for specialty chemicals across the growing chemical industry globally. Based on the function, the market is segmented into Antioxidants, Biocides, Catalysts, Special Enzymes, Specialty Coatings, Specialty Pigments, Surfactants, and Others (Demulsifiers, etc.). Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, Middle East & Africa.
Market Structure and Competitive Landscape
The global specialty chemicals market is highly fragmented in nature with the presence of a large number of manufacturers in the market including Albemarle Corporation, Ashland LLC, BASF SE, Bayer AG, Clariant AG, Huntsman International LLC, 3M Company, Sumitomo Chemical Company, and Solvay SA, Mitsubishi Chemical Corporation, Vink Chemicals GmbH & Co. KG, and DuPont de Nemours Inc. among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global specialty chemicals market include
- In July 2021, Platinum Equity acquired Solenis, Dubilier & Rice, and BASF for a value of US$ 5.2 billion and merged them with Sigura Water.
- In July 2021, two specialty chemicals business lines of H20 Innovation Inc., PWT and Genesys joined together to form the H20 Innovation Specialty Chemicals Group.
Global Specialty Chemicals Market Analysis and Forecast 2019-2028
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players' expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Specialty Chemicals Manufacturers
6.3.2. Chemicals Manufacturers and Suppliers
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Specialty Chemicals Market: Trade Analysis
9.1. EXIM Analysis by Type
9.2. EXIM Analysis by Region
10. Global Specialty Chemicals Market: Key Investment Analysis
10.1. By Specialty Chemicals Market Manufacturers
10.2. By Region
10.3. M&A Activities
Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and key end-use sector
11. Parent Market Overview: Global Chemicals Market
12. Segmental Analysis
12.1. Global Specialty Chemicals Market by Type
12.1.1. Segment Overview
12.1.1.1. Agrochemicals
12.1.1.2. Cleaning Chemicals
12.1.1.3. Construction Chemicals
12.1.1.4. Electronic Chemicals
12.1.1.5. Adhesives & Sealants
12.1.1.6. Polymer & Plastic Additives
12.1.1.7. Textile chemicals
12.1.1.8. Others (Paper Chemicals, etc)
12.2. Global Specialty Chemicals Market by Function
12.2.1. Antioxidants
12.2.2. Biocides
12.2.3. Catalysts
12.2.4. Special Enzymes
12.2.5. Specialty Coatings
12.2.6. Specialty Pigments
12.2.7. Surfactant
12.2.8. Others (Demulsifiers etc.)
12.3. Global Specialty Chemicals Market by Region
12.3.1. North America
12.3.2. Latin America
12.3.3. Western Europe
12.3.4. Eastern Europe
12.3.5. Asia Pacific
12.3.6. Middle East & Africa
13. Regional Analysis
13.1. North America Specialty Chemicals Market Analysis and Forecast 2019-2028
13.1.1. Regional Market Overview and Key Takeaways
13.1.2. North America Specialty Chemicals Market by Type
13.1.3. North America Specialty Chemicals Market by Function
13.1.4. North America Specialty Chemicals Market by Country
13.1.4.1. US
13.1.4.2. Canada
13.2. Latin America Specialty Chemicals Market Analysis and Forecast 2019-2028
13.2.1. Regional Market Overview and Key Takeaways
13.2.2. Latin America Specialty Chemicals Market by Type
13.2.3. Latin America Specialty Chemicals Market by Function
13.2.4. Latin America Specialty Chemicals Market by Country
13.2.4.1. Brazil
13.2.4.2. Mexico
13.2.4.3. Rest of Latin America
13.3. Western Europe Specialty Chemicals Market Analysis and Forecast 2019-2028
13.3.1. Regional Market Overview and Key Takeaways
13.3.2. Western Europe Specialty Chemicals Market by Type
13.3.3. Western Europe Specialty Chemicals Market by Function
13.3.4. Western Europe Specialty Chemicals Market by Country
13.3.4.1. Germany
13.3.4.2. UK
13.3.4.3. France
13.3.4.4. Spain
13.3.4.5. Italy
13.3.4.6. Benelux
13.3.4.7. Nordic
13.3.4.8. Rest of Western Europe
13.4. Eastern Europe Specialty Chemicals Market Analysis and Forecast 2019-2028
13.4.1. Regional Market Overview and Key Takeaways
13.4.2. Eastern Europe Specialty Chemicals Market by Type
13.4.3. Eastern Europe Specialty Chemicals Market by Function
13.4.4. Eastern Europe Specialty Chemicals Market by Country
13.4.4.1. Russia
13.4.4.2. Poland
13.4.4.3. Rest of Eastern Europe
13.5. Asia Pacific Specialty Chemicals Market Analysis and Forecast 2019-2028
13.5.1. Regional Market Overview and Key Takeaways
13.5.2. Asia Pacific Specialty Chemicals Market by Type
13.5.3. Asia Pacific Specialty Chemicals Market by Function
13.5.4. Asia Pacific Specialty Chemicals Market by Country
13.5.4.1. China
13.5.4.2. Japan
13.5.4.3. India
13.5.4.4. South Korea
13.5.4.5. Australia
13.5.4.6. ASEAN
13.5.4.7. Rest of Asia-Pacific
13.6. Middle East & Africa Specialty Chemicals Market Analysis and Forecast 2019-2028
13.6.1. Regional Market Overview and Key Takeaways
13.6.2. Middle East & Africa Specialty Chemicals Market by Type
13.6.3. Middle East & Africa Specialty Chemicals Market by Function
13.6.4. Middle East & Africa Specialty Chemicals Market by Country
13.6.4.1. GCC
13.6.4.2. South Africa
13.6.4.3. Turkey
13.6.4.4. Rest of the Middle East & Africa
14. Competitive Landscape
14.1. Competition Dashboard
14.1.1. Global and Regional Market Share Analysis
14.1.2. Market Structure
14.2. Competitive Benchmarking
14.3. Key Strategy Analysis
14.4. Company Profiles
14.4.1. Albemarle Corporation
14.4.1.1. Company Overview
14.4.1.2. Product/Service Offerings
14.4.1.3. Key Financials
14.4.1.4. Recent Developments
14.4.2. Ashland LLC
14.4.2.1. Company Overview
14.4.2.2. Product/Service Offerings
14.4.2.3. Financials
14.4.2.4. Recent Developments
14.4.3. BASF SE
14.4.3.1. Company Overview
14.4.3.2. Product/Service Offerings
14.4.3.3. Financials
14.4.3.4. Recent Developments
14.4.4. Bayer AG
14.4.4.1. Company Overview
14.4.4.2. Product/Service Offerings
14.4.4.3. Financials
14.4.4.4. Recent Developments
14.4.5. Clariant AG
14.4.5.1. Company Overview
14.4.5.2. Product/Service Offerings
14.4.5.3. Financials
14.4.5.4. Recent Developments
14.4.6. Huntsman International LLC
14.4.6.1. Company Overview
14.4.6.2. Product/Service Offerings
14.4.6.3. Financials
14.4.6.4. Recent Developments
14.4.7. 3M Company
14.4.7.1. Company Overview
14.4.7.2. Product/Service Offerings
14.4.7.3. Financials
14.4.7.4. Recent Developments
14.4.8. Sumitomo Chemical company
14.4.8.1. Company Overview
14.4.8.2. Product/Service Offerings
14.4.8.3. Financials
14.4.8.4. Recent Developments
14.4.9. Solvay SA
14.4.9.1. Company Overview
14.4.9.2. Product/Service Offerings
14.4.9.3. Financials
14.4.9.4. Recent Developments
14.4.10. Mitsubishi Chemical Corporation
14.4.10.1. Company Overview
14.4.10.2. Product/Service Offerings
14.4.10.3. Financials
14.4.10.4. Recent Developments
14.4.11. Vink Chemicals GmbH & Co. KG
14.4.11.1. Company Overview
14.4.11.2. Product/Service Offerings
14.4.11.3. Financials
14.4.11.4. Recent Developments
14.4.12. DuPont de Nemours, Inc.
14.4.12.1. Company Overview
14.4.12.2. Product/Service Offerings
14.4.12.3. Financials
14.4.12.4. Recent Developments
15. Disclaimer
Global Specialty Chemicals Market
List of Figures
Figure 01: Global Specialty Chemicals Market Volume ('000 tons), 2019-2021
Figure 02: Global Specialty Chemicals Market Volume ('000 tons) & Y-o-Y Growth (%) Analysis, 2022-2028
Figure 03: Specialty Chemicals, Pricing Analysis per unit (US$), in 2022
Figure 04: Specialty Chemicals, Pricing Forecast per unit (US$), in 2028
Figure 05: Global Specialty Chemicals Market Value Analysis (US$ Mn), 2019-2021
Figure 06: Global Specialty Chemicals Market Size (US$ Mn) & Y-o-Y Growth (%) Analysis, 2022-2028
Figure 07: Global Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 08: Global Specialty Chemicals Market Y-o-Y Analysis (%) by Type, 2022-2028
Figure 09: Global Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028
Figure 10: Global Specialty Chemicals Market Y-o-Y Analysis (%) by Function, 2022-2028
Figure 11: Global Specialty Chemicals Market Size and Market Share Analysis (%) by Region, 2022 & 2028
Figure 12: Global Specialty Chemicals Market Y-o-Y Growth (%) by Region, 2022-2028
Figure 13: North America Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 14: North America Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028
Figure 15: North America Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 16: Latin America Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 17: Latin America Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028
Figure 18: Latin America Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 19: Western Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 20: Western Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028
Figure 21: Western Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 22: Eastern Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 23: Eastern Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028
Figure 24: Eastern Europe Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 25: Asia Pacific Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 26: Asia Pacific Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028
Figure 27: Asia Pacific Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 28: Middle East & Africa Specialty Chemicals Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 29: Middle East & Africa Specialty Chemicals Market Size and Market Share Analysis (%) by Function, 2022 & 2028
Figure 30: Middle East & Africa Specialty Chemicals Market Size and Market Share Analysis (%) by Country, 2022 & 2028
List of Tables
Table 1: Global Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 2: Global Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Type
Table 3: Global Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function
Table 4: Global Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Function
Table 5: Global Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Region
Table 6: Global Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Region
Table 7: North America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 8: North America Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Type
Table 9: North America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function
Table 10: North America Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Function
Table 11: North America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 12: North America Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Country
Table 13: Latin America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 14: Latin America Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Type
Table 15: Latin America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function
Table 16: Latin America Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Function
Table 17: Latin America Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 18: Latin America Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Country
Table 19: Western Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 20: Western Europe Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Type
Table 21: Western Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function
Table 22: Western Europe Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Function
Table 23: Western Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 24: Western Europe Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Country
Table 25: Eastern Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 26: Eastern Europe Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Type
Table 27: Eastern Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function
Table 28: Eastern Europe Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Function
Table 29: Eastern Europe Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 30: Eastern Europe Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Country
Table 31: Asia Pacific Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 32: Asia Pacific Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Type
Table 33: Asia Pacific Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function
Table 34: Asia Pacific Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Function
Table 35: Asia Pacific Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 36: Asia Pacific Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Country
Table 37: Middle East & Africa Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 38: Middle East & Africa Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Type
Table 39: Middle East & Africa Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Function
Table 40: Middle East & Africa Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Function
Table 41: Middle East & Africa Specialty Chemicals Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 42: Middle East & Africa Specialty Chemicals Market Volume ('000 tons) Analysis and Forecast 2019-2028, by Country
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