Strategic Assessment of Worldwide Specialty Chemicals Market – Forecast

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Strategic Assessment of Worldwide Specialty Chemicals Market – Forecast Till 2021

Released on 16th May 2016

Specialty Chemicals Market – Report Insights

Chemicals constitute an integral part of the global manufacturing industry for that they constitute the raw materials for most of the key end use industries driving the world economy. The global chemical output, valued at $180 billion in 1970 has grown to more than $4 trillion in 2015, driven by rapidly growing demand for a wide variety of products and processes that throughout their lifecycles stand as indispensable parts in making the modern human life more comfortable and productive. Specialty chemicals play an even more important role as they stand as the pillars for innovation driving the efficiency in each end user industry, while resolving complex issues pertaining to human health and ecosystem.

The word ‘Specialty chemical’ is used to refer to unique molecules or mixtures of molecules that are used on the basis of their performance or function. They are also referred to ""formulation"" chemicals. The differentiating component between specialty chemicals and commodity chemicals is that the former has specified target segments and unique applications. Commodity chemicals or base chemicals on the other hand has more than one application and constitute a major portion of the worldwide chemical output by weight.

Worldwide Specialty Chemicals market research report covers the present scenario and the growth prospects of the worldwide Specialty chemicals market for the period 2015-2021. The report provides in-depth analysis of market size and growth of worldwide specialty chemicals market. This market research report includes a detailed market segmentation of the worldwide specialty chemicals Market by the following segmentation types

By Application

• Paints and Coatings

• Polymers and Plastic Additives

• Agrochemicals

• Food Additives

• Homecare Surfactants

• Water Management...