Africa Baby Care Products Market - Infinium Global Research Global Specialty Chemical Market - IGR 2021 | Page 2
The report on Specialty Chemical by Infinium Global Research analyses the
Specialty Chemical Market over the period of 2016 to 2021. This report also
provides detailed qualitative and quantitative analyses of the market
dynamics, market size and future trends in Global Specialty Chemical
Market. It will help a lot of decision makers to develop strategies and find
new opportunities in the Global Specialty Chemical Market.
The Global Specialty Chemical Market is projected to reach USD 492.4 billion
by the end of 2021, growing with a CAGR of 5.52% from 2016 to 2021.
Specialty chemicals, also known as effect chemicals, are chemicals which
provide different effect when added to different chemical or substances.
Specialty chemicals are used under different categories such as adhesives
(substance applied at the surfaces of materials binding them together to resist
separation), agrichemicals (pesticides such as insecticides, herbicides and
fungicides), cleaning materials, cosmetic additives, construction chemicals,
elastomers, flavors, food additives (food preservatives such as salt, sugar,
vinegar and sulfur dioxide), fragrances, Industrial gases, lubricants, polymers,
surfactants (emulsifiers, foaming agents and dispersants), and textile
auxiliaries. Industrial sectors such as automobile, aerospace, food, cosmetics,
agriculture, manufacturing, textile industries are the major end-user of
specialty chemicals.