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Specialty Chemicals Market To Witness A Significant Growth Of USD 914.4 Billion By 2030

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  San Francisco, 17 June 2024:  The Report  Specialty Chemicals Market  Size, Share & Trends Analysis Report By Product (Institutional & Industrial Cleaners, Flavor & Fragrances, Food & Feed Additives), By Application, By Region, And Segment Forecasts, 2024 - 2030 The global specialty chemicals market size was estimated at USD 914.4 billion in 2023 and is anticipated to witness a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. The growth is attributed to the growing demand from pharmaceuticals, flavors and fragrances, rubber processing, and electronics chemicals, among others. One of the prime growth factors is consumer-driven demand, led by categories such as personal care, food & feed additives, and pharmaceuticals, among others. Growing trends of rubber products such as long service life tires, high- performance requirements, and others influence the demand for rubber processing chemicals used in tires and industrial products. The market is primaril

Specialty Chemicals Market Registering At USD 1.79 Trillion By 2025 : Grand View Research Inc.

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San Francisco, 9 December 2019:   The Report   Specialty Chemicals Market   Size, Share & Trends Analysis Report By Product (Coatings, Agrochemicals, Electronics, Construction Chemicals), By Application (Transportation, Construction, Agriculture, Manufacturing), And Segment Forecasts, 2018 – 2025 The global specialty chemicals market size is expected to reach USD 1.79 trillion by 2025, according to a new report by Grand View Research, Inc. Growing popularity of high-value chemicals that play a crucial role in the development of novel products is a major driving factor for the industry. Specialized & advanced features of these compounds lends them a significant advantage in comparison with commodity products, since the former are formulated on the basis of unique performance characteristics for specific applications in the construction, automotive, electronics, agriculture and other sectors. International chemical authorities are widely advocating the passage of f