Specialty Chemicals Market CAGR of around 5.4% between 2015 and 2020.
Deerfield Beach, FL -- (SBWIRE) -- 02/05/2016 -- Zion Research has published a new report titled "Specialty Chemicals (Agrochemicals, Polymers & Plastic Additives, Construction Chemicals, Electronic Chemicals, Cleaning Chemicals, Surfactants, Lubricants & Oilfield Chemicals, Specialty Coatings, Paper & Textile Chemicals, Food Additives, Adhesives & Sealants and Others) Market - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020" According to the report, global specialty chemicals market was valued at around USD 345.5 billion in 2014 and is expected to reach USD 473.7 billion in 2020, growing at a CAGR of around 5.4% between 2015 and 2020.
Specialty chemicals are also called as effect chemicals or specialties. These chemicals are manufactured either by a single chemical formulation or a combination of several chemicals whose composition significantly contributes to performance of the final product. These chemicals are categorized by their properties like low volume, relatively high value chemicals etc., and recognized for their performance-enhancing properties. Specialty chemicals are used to enhance product performance across a variety of industries, such as paints, cosmetics, electronics, automotives, and construction. For example, in a construction site, the corrosion resistance of steel can be improved by construction chemicals. These chemicals are differentiated on the basis of performance and composition; and are also used to enhance the manufacturing processes. For example, textile manufacturers use textile chemicals to enhance the softness of textiles.
Browse the full "Specialty Chemicals (Agrochemicals, Polymers & Plastic Additives, Construction Chemicals, Electronic Chemicals, Cleaning Chemicals, Surfactants, Lubricants & Oilfield Chemicals, Specialty Coatings, Paper & Textile Chemicals, Food Additives, Adhesives & Sealants and Others) Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/specialty-chemicals-market-z45989
This report segments the global specialty chemicals market as follows:
Global Specialty Chemicals Market: Product Segment Analysis
Polymers & Plastic Additives
Lubricants & Oilfield Chemicals
Paper & Textile Chemicals
Adhesives & Sealants
Global Specialty Chemicals Market: Regional Segment Analysis
Middle East and Africa
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