Global Specialty Chemicals Market Worth U.S. $456.52 Billion by 201423 Feb 2011 • by Natalie Aster
Wilmington – According to a new market research report, ‘Global Specialty Chemicals Market’, published by MarketsandMarkets, the global specialty chemicals market is expected to be worth U.S. $456.52 billion by 2014, recording an estimated CAGR of 7.0% from 2009 to 2014.
Specialty chemicals can be best termed as value-addition products as they speed up production processes and also improve the quality of the end-product. For instance, construction chemicals such as wax emulsions can enhance corrosion resistance and the load-bearing property of the steel used in construction. This research report categorizes the overall specialty chemicals market into submarkets by applications and functions.
The specialty chemicals market is currently fragmented but is moving towards consolidation as larger players are buying out smaller ones. Mergers and acquisitions also form a major growth strategy, as it reduces R&D costs while enhancing product portfolio. Market players are also making improvement in chemical processing technologies to gain a competitive edge through lower product prices and reduced manufacturing costs.
Published: March 2010
Price: USD 4,650
Scope of the report
The report analyzes the global specialty chemicals market by applications, and by functions.
- Specialty chemicals market by application/target market: Advanced ceramic materials, construction chemicals, cosmetic chemicals, water management chemicals, oil field chemicals, textile chemicals, food additives and others such as rubber processing chemicals, specialty paper chemicals and imaging chemicals and materials.
- Specialty chemicals market by functions: Adhesives and sealants, catalysts, corrosion inhibitors, antioxidants, flame retardants and others such as separation membranes, synthetic dyes, specialty pigments and water soluble polymers.
The report provides more than 20 market tables covering various geographic regions. Market trends and opportunities are identified and analyzed for each submarket along with a comprehensive competitive outlook including profiles of 40 key players.
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