Скачать или смотреть Speciality Chemicals Market Size, Share, Statistics, Trends, Demand and Revenue, Forecast To 2028

The Global Specialty Chemical Market is valued at USD 623.5 Billion in 2020 and is anticipated to grow with a CAGR of 4.12% during the forecast period from 2020 to 2028. The major factors that are contributing to the growth of the specialty chemicals market are, an increasing demand from the various end use markets such as personal care, power & energy, building & construction, transportation, aerospace & defense, food & beverages, textile and others. Besides to this, new innovations and efforts by the manufacturers to enhance performance of the existing product line are contributing factors for the growth of the specialty chemicals market.

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Specialty chemicals are particular segment of chemical products which are manufactured to use wide arena of applications due to its wide range of properties. Specialty chemicals have a definite formulations and performance benefits to provide superior physical, chemical and performance benefits in different end use applications. The formulation of the specialty chemicals directly contributes to the performance and processing of the product for further end use applications. The major categories of specialty chemicals are pesticides, agrochemicals, electronic chemicals, lubricants, paints & coatings, construction chemicals, surfactants, oil field chemicals, cosmetic chemicals, additives, polymers and many among others.