APAC Specialty Chemicals Market Size Womens DeSean Jackson Jersey , Drivers, Opportunities, Top Companies, Trends, Challenges Forecast by 2023 by deepakkumarwts · October 23, 2018
The聽APAC specialty chemicals market聽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 Womens Dallas Goedert Jersey , and many other manufacturing sectors, are propelling the demand of specialty chemicals in the region.
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On the basis of type, the聽APAC specialty chemicals market聽is categorized into agrochemicals, construction chemicals, specialty coatings, surfactants, food additives, polymer additives Womens Carson Wentz Jersey , electronic chemicals, cleaning chemicals, plastic additives, paper and textile chemicals, adhesives and sealants, lubricants and oilfield chemicals, and others. The other types include advanced ceramic materials, rubber processing chemicals Womens Brian Dawkins Jersey , water treatment chemicals, and mining chemicals.
India is expected to be the fastest growing聽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 Womens Randall Cunningham Jersey , and electronics.
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 Authentic Clayton Thorson Jersey , roads, highways and railroads.
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Some of the major players operating in the聽APAC specialty chemicals market聽are DowDuPont Inc., Ashland Global Holdings Inc., Evonik Industries AG, Akzo Nobel N. V., Eastman Chemical Company, LOTTE Fine Chemical, Mitsui Chemicals Inc. Authentic Shareef Miller Jersey , Mitsubishi Chemical Corporation, BASF SE, Clariant AG, Huntsman Corporation, and China Petroleum & Chemical Corporation.
China By type Japan By type India By type Rest of APAC By type
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