Specialty Chemicals Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
Specialty Chemicals Market is forecast to reach $588.41 billion by 2025, after growing at a CAGR of 5.51% during 2020-2025. The construction industry will boost consumer demand as a result of increased commercial and residential construction projects. Rising urbanization in developing regions has resulted in numerous upcoming housing projects increasing product demand. Further, it enhances the overall market demand. Report Coverage The “Specialty Chemicals Market Report– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Specialty Chemicals Market. Key Takeaways Asia-Pacific, due to its large customer base, has dominated the world economy, leading to high demand for specialty chemicals, rising industrial production and rapid growth in the region's construction sector. Growing R&D is likely to provide an opportunity over the forecast period for the market studied to develop new products. Paints and coatings dominated the market f...