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Showing posts with the label Specialty Chemicals Market Trends

Specialty Chemicals Market To Create Business Opportunities, Due To High Demand of Flavor & Fragrances Till 2028

  Specialty Chemicals Industry Overview   The global  specialty chemicals market  size is expected to reach USD 824.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Higher performance achieved by the application of specialty chemicals when compared to their conventional counterparts is expected to be one of the prime market growth factors.   According to the European Chemical Industry Council (Cefic), specialty chemicals accounted for more than 25.0% of the total production in the EU region in FY 2018. Increasing disposable income, growing awareness, healthcare spending, construction spending, infrastructural development, and population growth are factors likely to increase the product sales across end-use industries such as construction, personal care, and cosmetics, pharmaceutical and nutraceuticals, food, automotive, and electronics. It is further expected to be accelerated by the...

Specialty Chemicals Market is expected to grow at a CAGR of 5.1% from 2017 to 2025: Radiant Insights

The global specialty chemicals market is expected to reach USD 1.79 trillion by 2025, according to a new report by Radiant Insights, 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. For further inquiries, about - Global Industry Analysis, Size, Growth, Trends and Forecast 2017 - 2021, click on this link - http://www.radiantinsights.com/research/specialty-chemicals-market International chemical authorities are widely advocating the passage of free trade agreements such as Transatlantic Trade Investment Partnership (TTIP) between the U.S. and Europe which is expected to...