Specialty Chemicals Market Worth $ 610.14 Billion by 2016

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MarketsandMarkets Presents
Specialty Chemicals Market Worth 610.14
Billion by 2016
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obal-specialty-chemicals-165.html
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The Global Specialty Chemicals Market by
Product Type, Functional Type, Key Applications,
Raw Materials, Regulations, Geography, Price
trends, Forecasts(2011-2016) analyzes the
specialty chemicals market by products,
functions, and geography and studies the major
market drivers, restraints, and opportunities for
the specialty chemicals in major geographies of
the U.S., Europe, and Asia. The global specialty
chemicals market is expected to grow from 476.13
billion in 2010 to 610.14 billion in 2016, at an
estimated CAGR of 4.11 from 2011 to
2016. Browse gtgt 160 market data
tables on "Specialty Chemicals Market  http//ww
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ialty-chemicals-165.html Early buyers will
receive 10 customization of reports.
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Growth in the end-user industries, growth in
Asia, increasing scope of applications, focus on
innovations to produce efficient and safe
chemicals remain the key drivers for the
specialty chemicals market. Rising cost of raw
materials, regulatory issues, and environmental
concerns are the key challenges that the industry
is facing. The pesticides segment, which was
estimated to be 51 billion in 2010, accounted
for the largest share i.e. 10.7 of the overall
specialty chemicals market. This segment is
expected to reach 80.0 billion in 2016, at a
CAGR of 7.59 for the same period. Other high
growth segments, which are expected to grow at a
CAGR of over 5, are advanced ceramics,
construction chemicals, oilfield chemicals, and
textile chemicals.
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Asia has emerged as the largest market for
specialty chemicals and accounted for 32 of the
overall market in 2010, just edging out North
America at 29 and Europe at 28. The North
American specialty chemicals market was estimated
to be worth 138.0 billion in 2010 and is
expected to be worth 174.6 billion in 2016,
growing at a CAGR of 3.84 from 2011 to 2016.
Specialty polymers were the largest specialty
chemicals segment in Europe and were estimated to
be worth 10.3 billion in 2010, growing at a CAGR
of 3.98 from 2011 to 2016. Electronic chemicals
are one of the largest segments of specialty
chemicals in the Asian market and were estimated
to be worth 12.8 billion in 2010. The report
Global Specialty Chemicals Market By Product
Type, Functional Type, Key Applications , Raw
Materials, Regulations, Geography, Price Trends,
Forecasts (2011-2016) segments the market on
three aspects by products, by functionality and
by geography. The product segmentation covers a
host of specialty chemicals by fifteen
applications such as construction, electronics,
pesticides, water-treatment, etc.
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obal-specialty-chemicals-165.html
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The second segmentation discusses the specialty
chemicals market by functionalities such as
antioxidants, biocides, catalysts, and so on. The
report also discusses the major technological and
market trends along with market share of major
industry participants in the specialty chemicals
industry and includes key industry events such as
new product launches, mergers and acquisitions,
and agreements. The objective of report is to
highlight key market trends which can be
strategically useful and actionable for the
stakeholders i.e. specialty chemicals
manufacturers, bulk and commodity chemicals
manufactures, raw material suppliers,
distributors, importers and exporters, and
research and consulting firms in the specialty
chemicals industry. The entire report is
supported with a number of facts and figures
about market size, market revenues, and company
market share analysis. The total number of tables
and figures are about 160 in the report. The
report also forecasts the specialty chemicals
market till 2016.
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obal-specialty-chemicals-165.html
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