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Specialty Chemicals Market Share

Name: Specialty Chemicals Market Size and Share | Industry Analysis - 2024
Creator: Global Market Insights
License: https://www.gminsights.com/privacy-policy

Report ID: GMI792
Published Date: Oct 2016
Report Format: PDF

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Specialty Chemicals Market Share

Key specialty chemicals market manufacturers are

Akzo Nobel N.V
Bayer AG
Eastman Chemical Company
The Dow Chemical Company
Solvay
BASF SE
Chemtura Corporation
DuPont
Albemarle Corporation
Clariant AG
Chevron Philips Chemical Company
Ashland Inc.
Huntsman Corporation
INEOS Group AG
Evonik Industries AG
Syngenta AG

Presence of numerous companies has resulted in a fragmented market structure. There are various distribution channels such as online portals, company websites, sales outlets, wholesale & retail channels, etc., through which the company tries to market its specialty chemicals. For example, Chevron Philips Chemical Co. signed a partnership agreement with the Quadra Chemicals to deliver chemicals required in the Canadian mining industry. Another example is of the agreement between Evonik Industries AG and distribution companies like Glenn Corporation & Univar Inc. This agreement helps Evonik to distribute its cosmetic chemicals in various parts of the world.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The specialty chemicals market size is anticipated to cross $1.2 trillion by 2024, according to Global Market Insights, Inc.

Increasing demand for yield-enhancing agrochemicals and rising demand from automotive industry are major factors expected to drive the growth of global market.

The electronic chemical application segment registered a major market share in 2016 and is projected to record a remarkable growth rate throughout the forecast period.

Akzo Nobel N.V., BASF SE, Ashland Inc., Clariant AG, Evonik Industries, The Dow Chemical Company, Huntsman Corporation, DuPont, Arkema S.A., Bayer AG, Chevron Philips Chemical Company, Syngenta AG, Albemarle Corporation, Chaitra Corporation, Eastman Chemical Company, Solvay, INEOS Group AG are some of the top contributors in the industry.