Specialty Chemicals

SPECIALTY CHEMICALS

Specialty chemicals are either single-chemical entities or mixtures of various chemical ingredients that are designed for specific purposes and sometimes for specific customers. They are sold on the basis of their unique properties and functionalities such as increased durability, enhanced performance, improved efficiency, and better environmental sustainability.

Specialty chemicals can be further classified into several categories such as

  • ADHESIVES
  • COATINGS
  • POLYMERS
  • SURFACTANTS
  • CATALYSTS
  • and others.

The growth of the specialty chemicals market is driven by several factors, including increasing demand for high-performance materials in various industries, such as automotive, construction, and electronics, as well as the growing population and urbanization. The increasing focus on sustainability and environmental regulations is also driving the demand for specialty chemicals that are eco-friendly.

The Asia-Pacific region is the largest market for speciality chemicals, followed by North America and Europe.

CO2

GLOBAL SPECIALTY CHEMICALS MARKET

Global Specialty Chemicals Market

INDIA SPECIALTY CHEMICALS MARKET IS 22% OF INDIA’S OVERALL CHEMICALS MARKET

India Specialty Chemicals Market

IN TERMS OF TRADE, SPECIALTY CHEMICALS ACCOUNT FOR A SIGNIFICANT PORTION—MORE THAN 50 PER CENT OF ALL CHEMICAL EXPORTS