Market Overview

Asia-Pacific Specialty Chemicals Market, 2013-2018 & 2023 - Market is Projected to Reach $361.0 Billion - ResearchAndMarkets.com

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The "Asia-Pacific
Specialty Chemicals Market by Type, by Country - Market Size, Share,
Development, Growth, and Demand Forecast, 2013 - 2023"
report
has been added to ResearchAndMarkets.com's offering.

The APAC specialty chemicals market is projected to reach $361.0 billion
by 2023

The rapidly growing population; increasing growing middle-class
population in the region; and rising industrialization in the field of
food, agriculture, cosmetics, and many other manufacturing sectors, are
propelling the demand of specialty chemicals in the region.

India to lead the market growth

India is expected to be the fastest growing APAC specialty chemicals
market, advancing at a CAGR of 8.2% during the forecast period. The
highest growth in the country is attributed to the growing urbanization
trend, increasing disposable income, and high demand for enhanced
aesthetics in residential infrastructures. Specialty chemicals are used
in a variety of industries including automotive, construction, food and
beverage (F&B), personal care, and electronics.

Increase in construction activities is laying immense
opportunities for market growth

In order to facilitate rapid industrialization and improving lifestyle,
almost all APAC countries are focusing on infrastructure development.
The infrastructure projects include construction of commercial and
residential buildings, hospitals, schools, malls, shopping complexes,
warehouse, manufacturing facilities, roads, highways and railroads.
Specialty chemicals are used in the construction industry in the form of
resins, pigments, surfactants, coatings, paints, varnishes, additives,
sealants and adhesives, and others. Thus, increasing construction
activities is driving the demand of these chemicals in the region,
creating growth opportunities for APAC specialty chemicals market.

Some of the major players operating in the APAC specialty
chemicals market are

  • Ashland Global Holdings Inc.
  • Dowdupont Inc.
  • Evonik Industries Ag
  • Akzo Nobel N. V.
  • Eastman Chemical Company
  • Lotte Fine Chemical
  • Mitsui Chemicals Inc.
  • Mitsubishi Chemical Corporation
  • Basf Se
  • Clariant Ag
  • Huntsman Corporation
  • China Petroleum & Chemical Corporation

Key Topics Covered:

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction

Chapter 5. APAC Market Size And Forecast

Chapter 6. Competitive Landscape

Chapter 7. Company Profiles

Chapter 8. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/wmxv3f/asiapacific?w=4

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