DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The "Specialty Chemicals Market by Type by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to ResearchAndMarkets.com's offering.

The global specialty chemicals market is projected to reach $782.2 billion by 2023.

Of these, agrochemicals hold the largest share in the global specialty chemicals market, which is attributed to the increasing food consumption around the world, due to the increasing population. Additionally, the demand of agrochemicals is growing due to the increasing need of crop protection, in order to meet the ever-increasing demand of food products worldwide.

APAC has been contributing the highest revenue to the global market, crossing 40.0% in 2017. It is also expected to be the fastest growing specialty chemicals market during the forecast period, attributed to the growing consumption of these chemicals in various industries including construction, agriculture, and automotive. The region has a very strong base of manpower, and a well-developed chemical industry, which provides raw materials at competitive prices, further driving the market growth.

The region has emerged as a hub of chemical manufacturing and exports in recent years. This has attracted several leading companies to make huge investments in the region's chemical business and also set up their own sites here to increase their presence in this emerging market, which is further fueling the growth of the specialty chemicals market.

Companies Mentioned:

Ashland Global Holdings Inc. DowDuPont Inc. Evonik Industries AG Akzo Nobel N.V. Eastman Chemical Company LOTTE Fine Chemical Mitsui Chemicals Inc. Mitsubishi Chemical Corporation BASF SE Clariant AG Huntsman Corporation China Petroleum & Chemical Corporation Saudi Basic Industries Corporation Sadara Chemical Company Saudi Speciality Industries Co Ltd. Thebe Unico AECI Ltd.

Key Topics Covered:

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction

Chapter 5. Global Market Size And Forecast

Chapter 6. North America Market Size And Forecast

Chapter 7. Europe Market Size And Forecast

Chapter 8. APAC Market Size And Forecast

Chapter 9. LatAm Market Size And Forecast

Chapter 10. MEA Market Size And Forecast

Chapter 11. Competitive Landscape

Chapter 12. Company Profiles

Chapter 13. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/w2pp98/global_specialty?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005344/en/

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Related Topics:Chemicals

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/07/2018 04:55 AM/DISC: 08/07/2018 04:55 AM

http://www.businesswire.com/news/home/20180807005344/en