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Specialty Chemicals Market Overview:

Global Specialty chemicals market is expected to reach $233.5 billion by 2020. Specialty chemicals are manufactured for specific performance and functions in different end use industries.

There are numerous specialty chemicals used in several end-user industries, globally; however, specialty chemicals included in this report are food additives, cosmetic chemicals, water treatment chemicals, paper & pulp chemicals, textile chemicals, construction chemicals, and oil field chemicals. 

The market is segmented based on type and geography. The global specialty chemicals market has been analyzed on the basis of type, which includes food additives, cosmetic chemicals, water treatment chemicals, paper & pulp chemicals, textile chemicals, construction chemicals, and oil field chemicals. In 2014, the construction chemicals segment garnered the highest share of 22.3% in the global market. Increasing urbanization in emerging economies is driving public infrastructure and housing projects; this in turn has increased the consumption specialty construction chemicals such as protective coatings, adhesives and sealants, concrete admixtures, and asphalt additives. The construction chemicals industry is booming in emerging economies such as Asia-Pacific, the Middle East, Africa, Central and South America. In 2014, food additives, cosmetic chemicals, and paper & pulp chemicals collectively accounted for around half of the global specialty chemicals consumption. Ink additives is projected to be the fastest growing segment, registering a CAGR of 5.8% during the forecast period.

In 2014, food additives, cosmetic chemical, and paper & pulp chemicals collectively accounted for around half of the global specialty chemicals consumption. Water treatment chemical is projected to be one of the fastest growing segment, registering a CAGR of 5.6% during the forecast period. Stringent government regulations for proper utilization of water compels industries and municipal corporations to adopt water treatment solutions, which in turn is fueling the demand for water treatment chemicals. 

Specialty Chemicals Market by Type and Applications 2020

Based on geography, the global specialty chemicals market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Historically, developed regions such as North America, Europe, and Japan were the major consumers of specialty chemicals. However, now the trend is shifted and in 2014, the Asia-Pacific region dominated the market, accounting for almost 35% of the global market share and would consolidate its position throughout the forecast period. Asia-Pacific is also the fastest growing specialty chemicals market in the global, registering a CAGR of 5.4% during the forecast period (2015-2020). 

The demand for specialty chemicals in the Asia-Pacific market is primarily attributed by the rapid industrialization in India, China, Japan, South Korea, and Taiwan. Rapid industrialization in the Asia-Pacific region is supplemented by trade liberalization, the spread of process technology, low labor cost, and high economic growth. In 2014, North America and Europe together accounted for more than half of the market share in the global specialty chemicals market. 

The global specialty chemicals market generated a revenue of $175,377.2 million in 2014 and is projected to garner $233,570.1 million by 2020, registering a CAGR of 4.9% during the analysis period. 

Top Winning Strategies

Top market players in global specialty chemicals market are adopting acquisitions, agreements, expansions, partnerships, product launches, and divestitures as their key business strategy to sustain in the competitive market. The data of market players and their strategic moves are gathered through the press release of respective companies, various blogs, which is limited to the available information on the website and primary calls to the experts in the industry. Strategic moves that are tracked from the recent developments of the key companies in this industry include: 

The pie chart depicted the top strategies adopted by the market players: 

Top Winning Strategies for global Specialty Chemicals Market, 2012‐2015 (%)
 

Source: Primary Research, Company Publications, and AMR Analysis 

The pie chart represents the percentage split of the strategies adopted by top companies in the global market. Product launches is the leading strategy adopted by the key market players in the global specialty chemicals market in order to introduce novel and innovative products in various business segments such as ink additives, oilfield chemicals, and construction chemicals. Product launches by the market players cover 42.9% share out of the total number of strategies. Akzo Nobel N.V., Novozymes, Rhodia S.A., Clariant AG and Evonik Industries AG are the leading companies who adopted product launch as their key business strategy. 

Acquisitions, expansions, and divestitures are the second most popular strategies adopted by companies operating in the global specialty chemical business. Most of the divestiture strategy was adopted by BASF SE; while, most acquisitions were undertaken by BASF SE, AkzoNobel N.V., and Huntsman Corporation. Clariant AG and Evonik Industries AG focused more towards expansion of new business units.

SPECIALTY CHEMICALS MARKET KEY BENEFITS:

  • The specialty chemicals industry projections and applications in the report are made by analyzing the current trends, share and size and future potential for the period of 2014-2020 in terms of value.
  • Region-wise industry outlook and conditions are comprehensively analyzed in the report.
  • Exhaustive analysis of the global specialty chemicals market by type helps in understanding the types of specialty chemicals that are currently being used along with the variants that would gain prominence in the future.
  • Competitive intelligence (of leading manufacturers and distributors of specialty chemicals) helps in understanding the competitive scenario across geographies.
  • The report provides a quantitative analysis through 2014-2020, which would enable the stakeholders to capitalize on prevailing opportunities.
  • Key players within the market are profiled in the report and their strategies are analyzed thoroughly, which helps in understanding the competitive outlook of global construction chemicals market.

SPECIALTY CHEMICALS MARKET KEY SEGMENTS:

The global specialty chemical market is segmented as: 

  • By Type 

    • Food Additives
    • Cosmetic Chemicals 
    • Water Treatment Chemicals 
    • Paper & Pulp Chemicals 
    • Textile Chemicals 
    • Construction Chemicals 
    • Oil field Chemicals
    • Ink Additives 

  • By Geography 

    • North America
    • Europe
    • Asia-Pacific
    • LAMEA

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key market benefits
1.3 Key market segment
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective
2.2 Market beyond: what to expect by 2025

2.2.1 Moderate growth scenario
2.2.2 Rapid growth scenario
2.2.3 Critical growth scenario

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top investment pockets
3.2.2 Top winning strategies

3.3 Porters five forces analysis

3.3.1 Low threat of new entrants
3.3.2 Medium threat of substitutes
3.3.3 Low bargaining power of suppliers
3.3.4 High bargaining power of buyers
3.3.5 Rivalry amongst firms

3.4 Drivers

3.4.1 The emerging markets of Asia-pacific Region
3.4.2 Constant Focus on Research & development
3.4.3 Rising Population

3.5 Restraints

3.5.1 Fluctuating cost of raw materials
3.5.2 Stringent regulations governing the market

3.6 Opportunities

3.6.1 Development of Eco-friendly products
3.6.2 Commercialization and Industrialization of specialty chemicals market

Chapter: 4 WORLD SPECIALTY CHEMICALS MARKET, BY TYPE

4.1 Introduction

4.1.1 Market size and forecast

4.2 Food additives

4.2.1 Food flavors

4.2.1.1 Market size and forecast

4.2.2 Hydrocolloids

4.2.2.1 Market size and forecast

4.2.3 Flavor enhancers

4.2.3.1 Market size and forecast

4.2.4 Others

4.2.4.1 Market size and forecast
4.2.4.2 Emulsifiers
4.2.4.3 Colorants
4.2.4.4 Enzymes
4.2.4.5 Preservatives
4.2.4.6 Antioxidants

4.2.5 Market size and forecast

4.3 Cosmetic chemicals

4.3.1 Emollients, filmformers, moisturizer

4.3.1.1 Market size and forecast

4.3.2 Surfactants

4.3.2.1 Market size and forecast

4.3.3 Single-used additives

4.3.3.1 Market size and forecast

4.3.4 Others

4.3.4.1 Market size and forecast
4.3.4.2 Thickening agent
4.3.4.3 Carriers
4.3.4.4 colorants (color additives)
4.3.4.5 pigments

4.3.5 Market size and forecast

4.4 Water treatment chemicals

4.4.1 Corrosion & scale Inhibitor

4.4.1.1 Market size and forecast

4.4.2 Biocides & disinfectants

4.4.2.1 Market size and forecast

4.4.3 Coagulants and Flocculants

4.4.3.1 Market size and forecast

4.4.4 Activated Carbon

4.4.4.1 Market size and forecast

4.4.5 Anti-foaming agents

4.4.5.1 Market size and forecast

4.4.6 pH adjusters and softeners

4.4.6.1 Market size and forecast

4.4.7 Market size and forecast

4.5 Textile chemicals

4.5.1 Colorants & auxiliaries
4.5.2 Coating & sizing chemicals
4.5.3 Finishing Chemicals
4.5.4 Others

4.5.4.1 Surfactants
4.5.4.2 Desizing agents
4.5.4.3 Bleaching agents
4.5.4.4 Yarn lubricants

4.5.5 Market size and forecast

4.6 Construction chemicals

4.6.1 Protective Coatings

4.6.1.1 Market size and forecast

4.6.2 Adhesives and sealants

4.6.2.1 Market size and forecast

4.6.3 Concrete admixtures

4.6.3.1 Market size and forecast

4.6.4 Asphalt additives

4.6.4.1 Market size and forecast

4.6.5 Market size and forecast

4.7 Paper & Pulp Chemicals

4.7.1 Bleaching & RCF Chemicals

4.7.1.1 Market size and forecast

4.7.2 Process chemicals

4.7.2.1 Market size and forecast

4.7.3 Functional chemicals

4.7.3.1 Market size and forecast

4.7.4 Coating chemicals

4.7.4.1 Market size and forecast

4.7.5 Pigments & fillers

4.7.5.1 Market size and forecast

4.7.6 Market Size and Forecast

4.8 Oil field chemicals

4.8.1 Drilling fluids

4.8.1.1 Market size and forecast

4.8.2 Cementing

4.8.2.1 Market size and forecast

4.8.3 Acidizing

4.8.3.1 Market size and forecast

4.8.4 Fracturing

4.8.4.1 Market size and forecast

4.8.5 Oil Production chemicals

4.8.5.1 Market size and forecast

4.8.6 Market size and forecast

4.9 Ink Additives

4.9.1 Market size and forecast

Chapter: 5 WORLD SPECIALTY CHEMICALS MARKET, BY GEOGRAPHY

5.1 Introduction

5.1.1 Market size and forecast

5.2 North America

5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast

5.3 Europe

5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast

5.4 Asia-Pacific

5.4.1 Key market trend growth factors and opportunities
5.4.2 Market size and forecast

5.5 LAMEA

5.5.1 Key market trends, growth factor and opportunities
5.5.2 Market size and forecast

Chapter: 6 COMPANY PROFILES

6.1 BASF SE

6.1.1 Company overview
6.1.2 Operating business segment overview
6.1.3 Financial performance
6.1.4 Strategic moves and developments
6.1.5 SWOT analysis

6.2 The Dow Chemical Co.

6.2.1 Company overview
6.2.2 Operating business segment overview
6.2.3 Financial performance
6.2.4 SWOT analysis

6.3 Bayer AG

6.3.1 Company overview
6.3.2 Operating business segment overview
6.3.3 Financial performance
6.3.4 Strategic moves and developments
6.3.5 SWOT analysis

6.4 AkzoNobel N.V.

6.4.1 Company overview
6.4.2 Financial performance
6.4.3 Strategic moves and developments
6.4.4 SWOT analysis of AkzoNobel N.V.

6.5 Huntsman Corporation

6.5.1 Company overview
6.5.2 Financial performance
6.5.3 Strategic moves and developments
6.5.4 SWOT analysis

6.6 Chemtura Corporation

6.6.1 Company overview
6.6.2 Financial performance
6.6.3 Strategic moves and developments
6.6.4 SWOT analysis of Chemtura corporation

6.7 Rhodia S.A.

6.7.1 Company overview
6.7.2 Strategic moves and developments
6.7.3 SWOT analysis of Rhodia S.A.

6.8 Clariant AG

6.8.1 Company overview
6.8.2 Financial performance
6.8.3 Strategic moves and developments
6.8.4 SWOT analysis of Clariant AG Company

6.9 Evonik Industries AG

6.9.1 Company overview
6.9.2 Financial performance
6.9.3 Strategic moves and developments
6.9.4 SWOT analysis of Evonik

6.10 Novozymes A/S

6.10.1 Company overview
6.10.2 Financial performance
6.10.3 Strategic moves and developments
6.10.4 SWOT analysis of Novozymes

List of Figures

FIG. 1 TOP IMPACTING FACTORS, MODERATE GROWTH SCENARIO (2020-2025)
FIG. 2 TOP IMPACTING FACTORS, RAPID GROWTH SCENARIO (2020 - 2025)
FIG. 3 TOP IMPACTING FACTORS, DIMINISHING GROWTH SCENARIO (2020-2025)
FIG. 4 TOP INVESTMENT POCKETS IN SPECIALTY CHEMICALS MARKET
FIG. 5 TOP WINNING STRATEGIES FOR WORLD SPECIALTY CHEMICALS MARKET (2012-2015)
FIG. 6 TOP WINNING STRATEGIES BY COMPANY
FIG. 7 PORTERS FIVE FORCES ANALYSIS OF WORLD SPECIALTY CHEMICALS MARKET
FIG. 8 WORLD POPULATION GROWTH, 2014-2020
FIG. 9 CRUDE OIL PRICES, 20102015 ($/BARREL)
FIG. 10 TOP FACTORS IMPACTING WORLD SPECIALTY CHEMICALS MARKET
FIG. 11 WORLD FOOD FLAVORS MARKET VALUE ($MILLION), 2014-2020
FIG. 12 WORLD HYDROCOLLOIDS MARKET VALUE ($MILLION), 2014-2020
FIG. 13 WORLD FLAVOR ENHANCERS MARKET VALUE ($MILLION), 2014-2020
FIG. 14 WORLD OTHER FOOD ADDITIVES MARKET VALUE ($MILLION), 2014-2020
FIG. 15 WORLD EMMOLLIENTS, FILMFORMERS & MOISTURIZERS MARKET VALUE ($MILLION), 2014-2020
FIG. 16 WORLD SURFACTANT MARKET VALUE ($MILLION), 2014-2020
FIG. 17 WORLD SINGLE-USED ADDITIVES MARKET VALUE ($MILLION), 2014-2020
FIG. 18 WORLD OTHER COSMETIC ADDITIVES MARKET VALUE ($MILLION), 2014-2020
FIG. 19 WORLD CORRSION AND SCALE INHIBITOR MARKET VALUE ($MILLION), 2014-2020
FIG. 20 WORLD BIOCIDES & DISINFECTANTS MARKET VALUE ($MILLION), 2014-2020
FIG. 21 WORLD COAGULANTS AND FLOCCULANTS MARKET VALUE ($MILLION), 2014-2020
FIG. 22 WORLD ACTIVATED CARBON MARKET VALUE ($MILLION), 2014-2020
FIG. 23 WORLD ANTI-FOAMING AGENTS MARKET VALUE ($MILLION), 2014-2020
FIG. 24 WORLD PH ADJUSTER AND SOFTENERS MARKET VALUE ($MILLION), 2014-2020
FIG. 25 WORLD PROTECTIVE COATING MARKET VALUE ($MILLION), 2014-2020
FIG. 26 WORLD ADHESIVES AND SEALANTS MARKET VALUE ($MILLION), 2014-2020
FIG. 27 WORLD CONCRETE ADMIXTURES MARKET VALUE ($MILLION), 2014-2020
FIG. 28 WORLD ASPHALT ADDITIVES MARKET VALUE ($MILLION), 2014-2020
FIG. 29 WORLD BLEACHING & RCF CHEMICALS MARKET VALUE ($MILLION), 2014-2020
FIG. 30 WORLD PROCESS CHEMICALS MARKET VALUE ($MILLION), 2014-2020
FIG. 31 WORLD FUNCTIONAL CHEMICALS MARKET VALUE ($MILLION), 2014-2020
FIG. 32 WORLD COATING CHEMICALS MARKET VALUE ($MILLION), 2014-2020
FIG. 33 WORLD PIGMENT & FILLERS MARKET VALUE ($MILLION), 2014-2020
FIG. 34 WORLD DRILLING FLUIDS MARKET VALUE ($MILLION), 2014-2020
FIG. 35 WORLD CEMENTING MARKET VALUE ($MILLION), 2014-2020
FIG. 36 WORLD ACIDIZING MARKET VALUE ($MILLION), 2014-2020
FIG. 37 WORLD FRACTURING MARKET VALUE ($MILLION), 2014-2020
FIG. 38 WORLD OIL PRODUCTION CHEMICALS MARKET VALUE ($MILLION), 2014-2020
FIG. 39 KEY FINANCIALS OF BASF SE, $ MILLION (2012-2014)
FIG. 40 BASF SE REVENUES, BY BUSINESS SEGMENTS (2014)
FIG. 41 SWOT ANALYSIS OF BASF SE
FIG. 42 KEY FINANCIALS OF DOW CHEMICALS $ BILLION (2010-14)
FIG. 43 DOW CHEMICALS REVENUE, BY SEGMENTS (2014)
FIG. 44 SWOT ANALYSIS OF DOW CHEMICAL COMPANY
FIG. 45 KEY FINANCIALS OF BAYER $ MILLIONS (2012-2014)
FIG. 46 FINANCIAL REVENUES BY SEGMENTS (2014)
FIG. 47 FINANCIAL REVENUES BY GEOGRAPHY (2014)
FIG. 48 SWOT ANALYSIS OF BAYER AG
FIG. 49 KEY FINANCIALS OF AKZOBOBEL N.V., $ MILLIONS (2012-2014)
FIG. 50 AKZONOBEL N.V. REVENUE BY BUSINESS SEGMENTS (2014)
FIG. 51 AKZONOBEL N.V. REVENUE BY GEOGRAPHY (2014)
FIG. 52 SWOT ANALYSIS OF AKZONOBEL N.V.
FIG. 53 KEY FINANCIALS OF HUNTSMAN CORPORATION, $ MILLIONS (2012-2014)
FIG. 54 HUNTSMAN CORPORATION REVENUE BY BUSINESS SEGMENTS-2014
FIG. 55 HUNTSMAN CORPORATION COMPANY REVENUE BY GEOGRAPHY (2014)
FIG. 56 SWOT ANALYSIS OF HUNTSMAN CORPORATION COMPANY
FIG. 57 KEY FINANCIALS OF CHEMTURA CORPORATION, $ MILLIONS (2012-2014)
FIG. 58 CHEMTURA CORPORATION INDUSTRIAL PERFORMANCE PRODUCT NET SALES (2012-2014), $ MILLION
FIG. 59 SWOT ANALYSIS OF CHEMTURA CORPORATION
FIG. 60 SWOT ANALYSIS OF RHODIA S.A.
FIG. 61 CLARIANT AG REVENUE BY YEAR, $MILLION
FIG. 62 CLARIANT AG REVENUE BY BUSINESS SEGMENTS (2014)
FIG. 63 CLARIANT AG COMPANY REVENUE BY GEOGRAPHY (2014)
FIG. 64 SWOT ANALYSIS OF CLARIANT AG COMPANY
FIG. 65 EVONIK INDUSTRIES AG REVENUE BY YEAR, $MILLION
FIG. 66 EVONIK INDUSTRIES AG REVENUE BY BUSINESS SEGMENTS (2014)
FIG. 67 EVONIK INDUSTRIES AG COMPANY REVENUE BY GEOGRAPHY (2014)
FIG. 68 SWOT ANALYSIS OF EVONIK INDUSTRIES AG COMPANY
FIG. 69 NOVOZYMES REVENUE, 2012-2014
FIG. 70 NOVOZYMES REVENUE, BY SEGMENT
FIG. 71 NOVOZYMES REVENUE, BY GEOGRAPHY
FIG. 72 SWOT ANALYSIS OF NOVOZYMES

List of Tables

TABLE 1 WORLD SPECIALTY CHEMICALS MARKET REVENUE, BY GEOGRAPHY, 2014-2020, ($ MILLION)
TABLE 2 WORLD SPECIALTY CHEMICALS MARKET, MODERATE GROWTH SCENARIO VALUE, BY GEOGRAPHY, 2020-2025 ($MILLION)
TABLE 3 WORLD SPECIALTY CHEMICALS MARKET, RAPID GROWTH SCENARIO VALUE, BY GEOGRAPHY, 2020-2025 ($MILLION)
TABLE 4 WORLD SPECIALTY CHEMICALS, MARKET CRITICAL GROWTH SCENARIO VALUE, BY GEOGRAPHY, 2020-2025 ($MILLIONS)
TABLE 5 WORLD SPECIALTY CHEMICALS MARKET, BY TYPE, VALUE ($MILLION), 2014-2020
TABLE 6 WORLD SPECIALTY FOOD ADDITIVES MARKET, BY TYPE, VALUE ($MILLION), 2014-2020
TABLE 7 WORLD SPECIALTY FOOD ADDITIVES MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 8 WORLD SPECIALTY COSMETIC CHEMICALS MARKET, BY TYPE, VALUE ($MILLION), 2014-2020
TABLE 9 WORLD SPECIALTY COSMETIC CHEMICALS MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 10 WORLD SPECIALTY WATER TREATMENT CHEMICALS MARKET, BY TYPE, VALUE ($MILLION), 2014-2020
TABLE 11 WORLD SPECIALTY WATER TREATMENT CHEMICALS MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 12 WORLD SPECIALTY TEXTILE CHEMICALS MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 13 WORLD SPECIALTY CONSTRUCTION CHEMICALS MARKET, BY TYPE, VALUE ($MILLION), 2014-2020
TABLE 14 WORLD SPECIALTY CONSTRUCTION CHEMICALS MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 15 WORLD SPECIALTY PAPER & PULP CHEMICALS MARKET, BY TYPE, VALUE ($MILLION), 2014-2020
TABLE 16 WORLD SPECIALTY PAPER & PULP CHEMICALS MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 17 WORLD SPECIALTY OIL FIELD CHEMICALS MARKET, BY TYPE, VALUE ($MILLION), 2014-2020
TABLE 18 WORLD SPECIALTY OIL FIELD CHEMICALS MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 19 WORLD SPECIALTY INK ADDITIVES MARKET, BY GEOGRAPHY, VALUE ($MILLION), 2014-2020
TABLE 20 WORLD SPECIALTY CHEMICAL MARKET, BY GEOGRAPHY, REVENUE ($ MILLION), 2014-2020
TABLE 21 NORTH AMERICA SPECIALTY CHEMICAL MARKET, BY TYPE, REVENUE ($ MILLION), 2014-2020
TABLE 22 EUROPE SPECIALTY CHEMICAL MARKET, BY TYPE, REVENUE ($ MILLION), 2014-2020
TABLE 23 ASIA PACIFIC SPECIALTY CHEMICAL MARKET, BY TYPE, REVENUE ($ MILLION), 2014-2020
TABLE 24 LAMEA SPECIALTY CHEMICAL MARKET, BY TYPE, REVENUE ($ MILLION), 2014-2020
TABLE 25 BASF SE SNAPSHOT
TABLE 26 BASF SE OPERATING SEGMENTS
TABLE 27 DOW CHEMICALS SNAPSHOT
TABLE 28 DOW CHEMICAL COMPANY OPERATING SEGMENTS
TABLE 29 BAYER AG SNAPSHOT
TABLE 30 BAYER AG OPERATING SEGMENTS
TABLE 31 AKZONOBEL N.V. SNAPSHOT
TABLE 32 HUNTSMAN CORPORATION SNAPSHOT
TABLE 33 CHEMTURA CORPORATION SNAPSHOT
TABLE 34 RHODIA S.A. SNAPSHOT
TABLE 35 CLARIANT AG COMPANY SNAPSHOT
TABLE 36 EVONIK INDUSTRIES AG COMPANY SNAPSHOT
TABLE 37 NOVOZYMES A/S COMPANY SNAPSHOT

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