Market Highlights: Specialty Chemicals market has high growth prospects due to its demand for construction projects and water treatment process. Specialty Chemicals are the chemical products which offered wide variety of effects on which many other industries sector rely. The Specialty Chemicals are mostly applicable in oilfields chemicals, water treatment chemicals, and cosmetic chemicals due to its superior performance and formulation. Major companies such as Evonik and Siemens introduced a Rheticus II to produce specialty chemicals in their product portfolio in german markets that beneficial in power plants and bio-gas plants arena. The market study is being classified by Type (Food-Additives, Cosmetic Chemicals, Water Treatment Chemicals, Textile Chemicals, Paper & Pulp Chemicals and Oil Field Chemicals) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Speciality Chemical are Akzonobel N.V. (The Netherlands), Accepta (United Kingdom), Accurel Systems (United States), Adeka Corp. (Japan), Ajinomoto Co. Inc. (Japan), Albemarle Corp. (United States), Arkema S.A. (France), Aquatech International (United States), Baker Hughes Inc. (United States), BASF Corp. (Germany), Chemtura Corp. (United States) and Clariant AG (Switzerland).
Major Market Development Highlights In April 2019, Vantage Specialty Chemicals acquired Textron Plimon, S.L.U. Natural Oils Business to expand its business portfolio and produces specialty formulator of natural oils for the personal care, food, and chemical. This acquisition is beneficial for distribution business in Spanish regions. In April 2019, Airedale Chemical introduced two new products such as polymers and antifoams, which is beneficial in capturing waste matters from water and suppress foams without affecting the products. It also delivers first food-grade antifoam which is being used in fermentation and distillery processes.
Key Questions Answered in the Report What will the Speciality Chemical Market size and the growth rate be in Future? What are the key factors driving the Speciality Chemical Market? What are the key market trends and macro-economic impacting the growth of the Speciality Chemical Market? What are the challenges to market growth? Who are the key vendors in the Speciality Chemical Market? What are the market opportunities and threats faced by the vendors in the Speciality Chemical Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Speciality Chemical Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Speciality Chemical market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Speciality Chemical market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Speciality Chemical Manufacturers, Speciality Chemical Traders, End-Use Market Participants of Different Segments of Speciality Chemical, Government and Research Organizations, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.