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The global speciality chemical industry is facing a positive future, given the solid economic growth being witnessed in the emerging economies of the world, according to a new report from companiesandmarkets.com.
Recovery in the global speciality chemical industry in 2010 is all set to go into a higher gear in 2011 and beyond, with a comprehensive increase in volumes all over.
An ongoing economic recovery, coupled with tighter supply/demand balances in major products are expected to bolster profitability in the speciality chemicals industry even further in coming years, and has the potential to lead to a ‘supercycle’ in certain product and geographic areas.
The next couple of years are forecast to witness fast growth in the emerging nations in Asia Pacific, Africa and the Middle East, emerging Europe and Latin America. Though China, India and Brazil are to be the major growth areas, countries such as Korea, Singapore and Taiwan would also offer noteworthy growth prospects. The report reviews, analyses and projects the speciality chemicals sector for global and regional markets including North America, Europe, Japan, China, Asia Pacific and the rest of world. The regional markets further analysed four independent countries across Europe: Germany, France, Italy, the United Kingdom and the rest of Europe.
The major functional areas of speciality chemicals analysed in the study include: adhesives & sealants, agrochemicals, APIs, construction chemicals, electronic chemicals, food additives petrochemical catalysts, speciality films, textile chemicals, water treatment and others. Other key segments covered include: corrosion inhibitors, cosmetic chemicals, enzymes, flame retardants, high temperature polymers, oil field chemicals, paper additives and plastic additives.
The 333 page global market report includes 81 charts (including a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region and functional/application areas of speciality chemicals.