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North America Specialty Chemicals Market projected to reach US$370.23 and Growing at a CAGR of 5.1% during forecast period 2020-2027

The North Americaspecialty chemicalsmarket was valued at US$240.28 million in 2018 and is projected to reach US$370.23 million by 2027; it is expected to grow at a CAGR of 5.1% from 2019 to 2027.

Specialty chemicals or performance chemicals are used in the manufacturing of finished products to improve the process. The chemicals are used in a wide range of verticals such as automotive, construction, agriculture, industrial manufacturing, and consumer goods,as per their performance or function. Specialty chemicals are extensively usedin relatively small amounts in the production of adhesives, inks, plastics, coatings, cosmetics, and cleaning products to enhance the performance of these products. In the construction sector, these chemicals are applied in numerous applications to impart additional protection from environmental hazards, reduce water and cement quantities utilized during construction,and enhance the lifetime of construction chemicals.

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Key Players:

  1. SOLVAY S.A.
    2. Albemarle Corporation
    3. Ashland Inc.
    4. BASF SE
    5. Evonik Industries AG
    6. LANXESS
    7. Akzo Nobel N.V.
    8. HENKEL AG AND CO. KGAA
    9. Koninklijke DSM N.V.
    10. The Dow Chemical Company

After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study. Most companies in the Specialty Chemicals Market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in the global market

Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to present a perfect in-depth knowledge about Specialty Chemicals Market. Ample graphs, tables, charts are added to help have an accurate understanding of this market. The Specialty Chemicals Market is also been analyzed in terms of value chain analysis and regulatory analysis.

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In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure

Growth Drivers

Restraints and Challenges

Emerging Product Trends & Market Opportunities

Risk Assessment for Investing in Global Market

Critical Success Factors (CSFs)

The competitive landscape of the market has been examined on the basis of market share analysis of key players. Detailed market data about these factors is estimated to help vendors take strategic decisions that can strengthen their positions in the market and lead to more effective and larger stake in the global Specialty Chemicals Market. Pricing and cost teardown analysis for products and service offerings of key players has also been undertaken for the study.

Table of Contents:

1 Executive Summary

2 Preface

3 Specialty Chemicals Market Overview

4 Market Trend Analysis

5 Global Specialty Chemicals Market Segmentation

6 Market Effect Factors Analysis

7 Market Competition by Manufacturers

8 Key Developments

9 Company Profiling

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Sameer Joshi                               
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