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Specialty Chemicals Market Overview

20 September 2019 Aida Jebens

The global specialty chemicals industry stood at almost $600 billion in 2018. Specialty polymers, industrial and institutional cleaners, electronic chemicals, surfactants, and flavors and fragrances were the largest sectors. Specialty chemicals are consumed in a wide variety of end use industries and growth is very much dependent on the health of the economy.

China is the largest market for specialty chemicals and will continue to advance the growth of the global specialty chemicals industry over the next five years.

The Overview of the Specialty Chemicals Industry from IHS Markit provides a high-level look into the status of the industry in 2018, highlight events influencing the markets, and provides an outlook by market and geography through 2023.

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Posted 20 September 2019 by Aida Jebens, Associate Director, Specialty Chemicals Insights, S&P Global Commodity Insights


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