Global Select Specialty Chemicals Market to Post 5.1% CAGR to 2022, Forecasts Industry Experts in Its Report Available at MarketPublishers.com11 Sep 2017 • by Natalie Aster
LONDON – Globally, the select specialty chemicals market is poised to be estimated at USD 883.8 billion in 2022, posting a 5.1% CAGR over the projected period. While agrochemicals dominate the market with a value of USD 218 billion in 2017, APAC is poised to witness the fastest growth in the foreseeable future due to the mushroom growth in electronic chemicals applications as the region is a hub for a vast number of firms engaged in the production of electrical & electronic components.
Agrochemicals, adhesives & sealants, coatings and engineering thermoplastics make up the leading segments in the world market for specialty chemicals, together capturing an estimated share of close to 50% as of 2016. In regard to the growth terms, however, the segments that hold greater promise comprise electronic chemicals, construction chemicals, and nutraceutical ingredients, among others.
Nanotechnology turned out to be a provider of innovative agrochemicals and delivery mechanisms for enhanced yield capacity.
Suppliers of electronic chemicals & materials are anticipated to be challenged by increased environmental protection standards in the offing.
Next-generation construction chemicals are being widely used in precast technology.
In-demand research report “Select Specialty Chemicals Applications – A Global End-Use Industry Analysis” created by Industry Experts offers an in depth, unbiased analysis of the global market for select specialty chemicals, specifically focusing on application areas.
The report gives an overview, analysis and projections of the global market during 2014-2022, by value, and the CAGRs projected, from 2017 to 2022. It sheds light on the market trends, key growth drivers and lucrative opportunities. The research study explores the market for end-use applications of all segments in each country reviewed. The report also discusses key business trends focusing on product innovations and/or developments, JVs, M&As, etc. The study includes granular profiles of the top 66 companies, and includes the contact information for 264 companies.
More in-demand research publications by this publisher are available at Industry Experts page.