Title: Specialty Chemicals Market - Forecast 2021 - 2026
1Specialty Chemicals Market - Forecast(2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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- Specialty Chemicals Market is forecast to reach
588.41 billion by 2025, after growing at a CAGR
of 5.51 during 2020-2025. The construction
industry will boost consumer demand as a result
of increased commercial and residential
construction projects. - Rising urbanization in developing regions has
resulted in numerous upcoming housing projects
increasing product demand. Further, it enhances
the overall market demand.
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Key Takeaways
- Asia-Pacific, due to its large customer base, has
dominated the world economy, leading to high
demand for specialty chemicals, rising industrial
production and rapid growth in the region's
construction sector. - Growing RD is likely to provide an opportunity
over the forecast period for the market studied
to develop new products. - Paints and coatings dominated the market for
specialty chemicals and are expected to grow over
the forecast period, with robust growth in the
construction industry, driven largely by growth
in residential construction worldwide.
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- By Distribution Channel- Segment Analysis
- Food Additives segment held the largest share in
the Specialty Chemicals Market. Growing
population and need for food which in turn
increases the Food additives specialty chemicals.
These are used to enhance the foods nutrient
content, keep the product fresh and make the food
more appealing. Furthermore, it also provides
consistent and smooth texture along with
maintaining the wholesomeness of food. Increasing
living standards accompanied by rising consumers
disposable income would drive growth for food
additives in the next few years.
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- Specialty Chemicals Market
- Industry OutlookÂ
- Henkel Ag Co. KGAA, BASF SE, AkzoNobel N.V.,
Evonik Industries AG and Clariant AG, Huntsman
International LLC, The Dow Chemical Company,
Albemarle Corporation, and Ashland Inc.
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Specialty Chemicals Market - Forecast(2022 -
2027)Learn More About the Report _at_
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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