Speciality Chemicals are also known as specialties or effect chemicals. These are the chemical products that provide a wide range of effects on many industry sectors. The different types of speciality chemicals are adhesives, cleaning materials, agrichemicals, cosmetic additives, flavors, food additives, lubricants and textile auxiliaries. It also includes the industrial areas like aerospace, automobile, agriculture, food, and cosmetics. The market share is expected to reach USD XX billion with a CAGR of XX% by 2024.
Among the various types of application Construction chemicals, Speciality Chemicals and Electronic chemicals hold the largest share of the market due to the demand for the end-user industries.
US Speciality Chemicals Market Size:
The United States contributes the largest size in the specialty chemicals market due to its growing demand for high-performance coatings, constant shale gas development increasing demand for polyolefin catalysts and also the rising demand for the end-user industries.
US Speciality Chemicals Market Growth:
Major factors driving the
US Speciality Chemicals Market Industry Analysis:
US Speciality Chemical Market is segmented on the basis of Function which is further segmented into catalysts and water treatment chemicals. Catalysts are subdivided into petroleum refining catalyst, polymerization catalysts, and chemical synthesis catalysts. Water treatment chemicals are classified into coagulants & flocculants, biocides & disinfectants, defoamers & defoaming agents, corrosion & scale inhibitors and pH adjusters & softeners.
US Speciality Chemicals Market Outlook:
Speciality Chemicals are majorly used in many industrial sectors like wastewater treatment, textiles, paints, oil & gas, agriculture, electronic and consumer goods. Many industries and firms are trying to develop new technological advancements to increase the growth of the specialty chemicals market.
US Speciality Chemicals Market Trends:
Akucell is a product manufactured by AkzoNobel that is used as a thickener and stabilizer for fat uptake and Arkofil CMC is the product by manufactured Archroma that is used as a sizing agent for cotton and rayon staple.
US Speciality Chemicals Market Research Report includes:
Market Trends: Akucell is
Starting from $2700
Starting from $2700
Starting from $2700
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