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Link : https://www.marketwatch.com/press-release/latest-report-on-specialty-
chemicals-market-2019-segmentation-and-outlook-by-upcoming-trends-market-growth-
rate-latest-technologies-and-forecast-to-2024-2019-07-01

Latest Report on Specialty Chemicals Market 2019

Segmentation and Outlook by Upcoming Trends, Market
Growth Rate, Latest Technologies, and Forecast to 2024
Published: July 1, 2019 5:40 a.m. ET

Jul 01, 2019 (The Expresswire via COMTEX) -- Specialty Chemicals Market Research
Report study on market strategy, investment plan, industry share, growth factors,
industry policy, revenue, opportunity, demand and 2019-2024 forecast.

The Specialty Chemicals report delivers detailed profiles of key players with latest
investigation and highlights the rising opportunities and difficulties looked by Specialty
Chemicals market. It gives definite portrayal of key players and their promoting
methodologies pursued by official statements and pertinent records to get aggressive
investigation market understanding.

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Market Overview:
 The market for specialty chemicals is expected to grow at a CAGR of around 5.17%
during the forecast period of 2019 2024. The major factors driving the growth of the
market studied are its robust growth of construction activities, especially in Asia-
Pacific and Middle East and Africa regions, and growth of oil exploration and
production activities. On the flip side, increasing environmental regulation, and
reducing fossil fuel reserves are the restraints hampering the growth of the studied
market.
 - Paints and coatings dominated the specialty chemicals market in 2018 and is
expected to grow during the forecast period with the robust growth in the construction
industry, which is majorly driven by the growth in residential construction across the
globe.
 - Growing research and development for developing new products is likely to provide
opportunity for the studied market over the forecast period.
 - Asia-Pacific dominated the market across the globe owing to huge customer base
leading to high demand for specialty chemicals, increasing industrial production, and
robust growth of the construction sector in the region.
Scope of the Report:

 This report studies the global Specialty Chemicals market size, industry status and
forecast, competition landscape and growth opportunity.
Top Players Are:

 3M
 A. Schulman Inc.
 Akzo Nobel NV
 Albemarle Corporation
 American Water Chemicals Inc.
 Archroma
 Ashland
 Asian Paints
 Baker Hughes Incorporated
 BASF SE
 Beckers Group
 Berger Paints India Limited
 BWA WATER ADDITIVES
 BP PLC
 Buckman Laboratories International Inc.
 Chevron Corporation
 China Petroleum and Chemical Corporation
 Clariant
 ConocoPhillips Company
 Covestro AG
 Cytec Solvay Group
 Dainichiseika Color and Chemicals Mfg Co. Ltd
 Dow
 DuPont
 DuluxGroup Limited
 Dura Coat Products Inc.
 Eastman Chemical Company
 Ecolab
 Emery Oleochemicals
 Evonik Industries AG
 Exxon Mobil Corporation
 Ferro Corporation
 FMC Corporation
 Formosa Plastics Group
 FUCHS
 GENERAL ELECTRIC
 H.B. Fuller Company
 Halliburton
 Henkel AG and Co. KGaA
 Hexion
 Huntsman International LLC
 Indian Oil Corporation Ltd
 INEOS
 Johnson and Johnson Services Inc.
 Kurita Water Industries Ltd
 LOreal
 LANXESS
 Lonza
 Merck KGaA
 NIPSEA GROUP
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Key Market Trends:

Paints and Coatings Segment to Dominate the Market Demand

- Paints and coatings segment dominated the share in the specialty chemicals market in
2018. The growth of the segment is extensively driven by the robust performance of the
construction industry across the globe.
- Asia-Pacific and Middle East regions are expected to witness huge demand for paints
and coatings, owing to significant investments coming into the construction sector.
- In Asia-Pacific, the construction sector growth is majorly driven by rising in residential
construction projects to meet the accommodation requirements of the growing
population.
- Middle-East and Africa, on the other hand, has been witnessing huge rise in industrial
and institutional construction. Middle Eastern countries, such as Saudi Arabia, United
Arab Emirates, and Qatar have been trying to expand its tourism, healthcare, and
manufacturing industry, with an intention to reduce their economic dependency on oil
and gas industry.
- Besides, increasing renovation projects in North America and the recovery of
construction activities in Europe are further likely to drive the growth of the global
construction industry.
- Hence, all these such favorable trends in the global construction sector are expected
to drive the demand and growth of paints and coating market during the forecast period.
This is in-turn expected to drive the demand for specialty chemicals market.

Asia-Pacific Region to Dominate the Market

- Asia-Pacific region dominated the specialty chemicals market in 2018, and is further
likely to retain its position during the forecast period due to robust growth of construction
sector, increasing demand for cosmetic products, growing investment and production in
automotive industry, increasing electrical and electronics industry output, increasing
demand for adhesives and plastic from packaging industry, and increasing installations
of water treatment systems from the industries in the region.
- Asia-Pacific construction sector growth is majorly driven by the expansion of service
sector leading to increase in the demand for office spaces, increase in residential
construction projects, and inflow of investments from multi-national companies to set up
industrial base in the region. Such factors are likely to increase in the demand for paints
and coatings, adhesives and sealants, construction chemicals, and specialty polymers
in the region during the forecast period.
- The cosmetic industry is also witnessing strong growth in demand in the region, which
is fueled by the increased usage of cosmetic products due to rising demand for anti-
aging cosmetic products from baby boomers and X generation, western culture
influence on youth, increased women employment, and continuous innovation of
products attracting the masses. This is, in turn, increasing the cosmetic production in
the region, leading to rise in demand for cosmetic chemicals.
- Automotive industry in the region is further witnessing increase in investments and
production in countries, like India, Indonesia, Thailand, and Malaysia. Such investments
are leading to increase in automotive production base in the region, which is further
projected to increase the demand for adhesives and sealants, paints and coatings,
specialty polymers, and textile chemicals in the coming years, for automotive
applications.
- Hence, all such favorable trends are collectively likely to drive the growth of specialty
chemicals market in the region during the forecast period.

Competitive Landscape:

Most of the companies present in the market are efficient at the technological front, but
require significant support for enhancing their services and expanding their businesses.
Thus, mergers and acquisitions offer significant opportunities to gain the attention of a
large number of providers across developed regions.

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Detailed TOC of Specialty Chemicals Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.2 Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis

5 MARKET SEGMENTATION
5.1 Adhesives and Sealants - by Technology
5.1.1 Water-borne Adhesives
5.1.2 Solvent-borne Adhesives
5.1.3 Hot-melt Adhesives
5.1.4 Reactive Adhesives
5.1.5 Sealants
5.2 Catalysts - by Function
5.2.1 Chemical Synthesis Catalysts
5.2.2 Petroleum Refining Catalysts
5.2.3 Polymerization Catalysts
5.3 Construction Chemicals - by Application
5.3.1 Commercial
5.3.2 Industrial
5.3.3 Infrastructure
5.3.4 Residential
5.3.5 Public Space
5.4 Cosmetic Chemicals - by Application
5.4.1 Hair Care
5.4.2 Skin Care
5.4.3 Oral Care
5.4.4 Personal Hygiene
5.4.5 Other Applications
5.5 Dyes, Inks, and Pigments - by Type
5.5.1 Inks
5.5.2 Dyes
5.5.3 Organic Pigments
5.5.4 Inorganic Pigments
5.6 Electronic Chemicals - by Application
5.6.1 Semiconductors and Integrated Circuits
5.6.2 Printed Circuit Boards
5.7 Flavors and Fragrances - by Type
5.7.1 Flavors
5.7.2 Fragrances
5.8 Food Additives - by Type
5.8.1 Natural Additives
5.8.2 Synthetic Additives
5.9 Foundry Chemicals - by Application
5.9.1 Iron and Steel
5.9.2 Non-ferrous Metals
5.10 Industrial and Institutional Cleaners - by Application
5.10.1 General Purpose Cleaners
5.10.2 Floor Care Products
5.10.3 Ware-washing Detergents
5.10.4 Disinfectants and Sanitizers
5.10.5 Laundry Care Products
5.10.6 Vehicle Wash Products
5.10.7 Hand Cleansers
5.11 Lubricants and Oil Additives - by Product Type
5.11.1 Dispersants and Emulsifiers
5.11.2 Detergents
5.11.3 Oxidation Inhibitors
5.11.4 Extreme-pressure Additives and Anti-wear Additives
5.11.5 Viscosity Index Modifiers
5.11.6 Friction Modifiers
5.11.7 Corrosion Inhibitors
5.11.8 Other Product Types
5.12 Mining Chemicals - by Function
5.12.1 Flotation Chemicals
5.12.2 Extraction Chemicals
5.12.3 Grinding Aids
5.13 Oilfield Chemicals - by Chemical Type
5.13.1 Biocides
5.13.2 Corrosion and Scale Inhibitors
5.13.3 Demulsifiers
5.13.4 Polymers
5.14 Paints and Coatings - by Application
5.14.1 Architectural
5.14.2 Automotive
5.14.3 Industrial
5.14.4 Wood
5.14.5 Other Applications
5.15 Plastic Additives - by Plastic Type
5.15.1 Polyethylene
5.15.2 Polystyrene
5.15.3 Polypropylene
5.15.4 Polyamide
5.15.5 Polyethylene Terephthalate
5.15.6 Polyvinyl Chloride
5.15.7 Polycarbonate
5.15.8 Other Plastic Types
5.16 Rubber Processing Chemicals - by Application
5.16.1 Tire
5.16.2 Non-tire
5.17 Specialty Polymers - by Type
5.17.1 Specialty Elastomers
5.17.2 Specialty Composites
5.17.3 Specialty Thermoplastics
5.17.4 Specialty Thermosets
5.18 Textile Chemicals - by Application
5.18.1 Apparels
5.18.2 Automotive Textiles
5.18.3 Geo-textiles
5.18.4 Home Furnishing
5.18.5 Industrial Textiles
5.18.6 Smart-textiles for Military and Defense
5.19 Water Treatment Chemicals - by Function
5.19.1 Flocculants
5.19.2 Coagulants
5.19.3 Biocides and Disinfectants
5.19.4 Defoamers and Defoaming Agents
5.19.5 pH Adjusters and Softeners
5.19.6 Odor Control Agents
5.19.7 Other Functions
5.20 Geography
5.20.1 Asia-Pacific
5.20.1.1 China
5.20.1.2 India
5.20.1.3 Japan
5.20.1.4 South Korea
5.20.1.5 Rest of Asia-Pacific
5.20.2 North America
5.20.2.1 United States
5.20.2.2 Canada
5.20.2.3 Mexico
5.20.3 Europe
5.20.3.1 Germany
5.20.3.2 United Kingdom
5.20.3.3 France
5.20.3.4 Italy
5.20.3.5 Rest of Europe
5.20.4 South America
5.20.4.1 Brazil
5.20.4.2 Argentina
5.20.4.3 Rest of South America
5.20.5 Middle East and Africa
5.20.5.1 Saudi Arabia
5.20.5.2 South Africa
5.20.5.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 A. Schulman Inc.
6.4.3 Akzo Nobel NV
6.4.4 Albemarle Corporation
6.4.5 American Water Chemicals Inc.
6.4.6 Archroma
6.4.7 Ashland
6.4.8 Asian Paints
6.4.9 Baker Hughes Incorporated
6.4.10 BASF SE
6.4.11 Beckers Group
6.4.12 Berger Paints India Limited
6.4.13 BWA WATER ADDITIVES
6.4.14 BP PLC
6.4.15 Buckman Laboratories International Inc.
6.4.16 Chevron Corporation
6.4.17 China Petroleum and Chemical Corporation
6.4.18 Clariant
6.4.19 ConocoPhillips Company
6.4.20 Covestro AG
6.4.21 Cytec Solvay Group
6.4.22 Dainichiseika Color and Chemicals Mfg Co. Ltd
6.4.23 Dow
6.4.24 DuPont
6.4.25 DuluxGroup Limited
6.4.26 Dura Coat Products Inc.
6.4.27 Eastman Chemical Company
6.4.28 Ecolab
6.4.29 Emery Oleochemicals
6.4.30 Evonik Industries AG
6.4.31 Exxon Mobil Corporation
6.4.32 Ferro Corporation
6.4.33 FMC Corporation
6.4.34 Formosa Plastics Group
6.4.35 FUCHS
6.4.36 GENERAL ELECTRIC
6.4.37 H.B. Fuller Company
6.4.38 Halliburton
6.4.39 Henkel AG and Co. KGaA
6.4.40 Hexion
6.4.41 Huntsman International LLC
6.4.42 Indian Oil Corporation Ltd
6.4.43 INEOS
6.4.44 Johnson and Johnson Services Inc.
6.4.45 Kurita Water Industries Ltd
6.4.46 LOreal
6.4.47 LANXESS
6.4.48 Lonza
6.4.49 Merck KGaA
6.4.50 NIPSEA GROUP

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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