 Home > Chemicals Industry > International Chemical > IHS Markit: The market value of specialty products will increase steadily

IHS Markit: The market value of specialty products will increase steadily

 Last Update: 2021-10-20
 Source: Internet
 Author: User

Tags

chevron synthetic oil

plastic oil container

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Recently, as the vaccination rate in most countries has risen and the global economy has resumed growth, the specialty products market has also resumed growth, and it is expected to continue to grow in the next few years

According to the report, the world's 20 largest specialty chemical companies are headquartered in the United States, Western Europe or Japan in 2020, and they together account for about 35% of global specialty chemical sales revenue

North America is the main consumption area of fungicides, corrosion inhibitors, surfactants, synthetic lubricants and water treatment chemicals

From the perspective of end-use industries, in 2020, the five major end-use industries, cleaning and cosmetics, food and beverages, electrical and electronics, construction, and automobiles, together account for about 65% of the global consumption of specialty chemicals

The report pointed out that this shows that the specialty chemicals industry is undergoing transformation

In addition, Chinese and Indian manufacturers have become key players in some specialty chemicals markets

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

UV-119

CAS No.: 106990-43-6

$6-7/MT FOB

UV-622

CAS No.: 65447-77-0

$5-6/MT FOB

Isopropyl Ethyl Thionocarbamate IPTEC CAS 141-98-0

CAS No.: 141-98-0

Industrial Grade

$100-120/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.