2017 US Specialty Chemicals Market Segmented by Technology, Type, Application, Channel and Geography 2022

The United States specialty chemicals market was valued at USD 126.15 billion, and is likely to reach USD XX billion by 2020, growing at a CAGR of 3.3%, during the forecast period (2017 – 2022). The United States specialty chemicals market accounted for about 20% of the global chemicals market in 2015.

Specialty chemicals are generally defined within the chemical industry as niche chemicals and polymers with unique functions to enhance performance. They are used in a variety of industries, including waste water treatment, textiles, paints, agriculture, oil & gas, electronics and consumer goods. Construction chemicals, specialty polymers and electronic chemicals hold the highest market segment collectively accounting for about 30% of the market share, due to their demand from their end user industries. The key markets for these chemicals include electronics, textiles, construction and agro chemicals industry.

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The specialty chemicals industry has experienced slower growth and lower overall profitability within a more competitive environment in the past 10 years, than in the preceding period. After dropping 10% in value from 2008 to 2009, consumption grew 16% in 2010, only to fall again in 2011. After a very slow growth of less than 1% in 2012, consumption rebounded 7% in 2013 and grew another 4% in 2014. During 2015-20, volume consumption of specialty chemicals is expected to increase at close to 4% on a global basis. The combined consumption in North America, Western Europe and Japan will grow more slowly at about 3.3% per year.

The United States specialty chemicals market is driven by number of factors such as growing demand for high-performance coatings, continuous shale gas development boosting demand for polyolefin catalysts, and rising demand from end-user industries. However, this market faces certain drawbacks such as low crude oil prices and stringent environmental regulations governing specialty chemicals. The aforementioned factors may act as a roadblock to the growth of the market.

There is an increasing trend in the US to use sustainable products to reduce the emissions. This is increasing the need for environment friendly coatings and water-based coatings. Furthermore, with the regulations being made to curb the emissions, the demand for greener coatings, which is further driving the market for high performance coatings. The growing power sector is also a reason for the increasing demand for higher performance chemicals.

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The United States specialty chemicals market, on the basis of type can be broadly segmented into adhesives & sealants, catalysts, construction chemicals, cosmetic chemicals, dyes, inks, & pigments, electronic chemicals, flavors & fragrances, food additives, foundry chemicals, industrial & institutional cleaners, lubricants & oil additives, oil field chemicals, mining chemicals, paints & coatings, plastic additives, rubber processing chemicals, specialty polymers, textile chemicals, and water treatment chemicals. The aforementioned types has been further sub-segmented on the basis of technology, function, applications, type, and plastic type.

Furthermore, the rising R&D activities for the development of the innovative products to meet the environmental regulation will offer numerous opportunities for the growth of the United States Specialty Chemicals market. Some of the major companies dominating the market with their products and services are the Dow Chemicals Co., AkzoNobel, Ashland Inc., BASF SE, Henkel AG & Co. KGaA, Huntsman Corp., Solvay SA, Evonik Industries AG, and Albermarle.

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Key Deliverables in the Study

  • Market analysis for the United States Specialty Chemicals market, with region specific assessments and competition analysis
  • Market definition along with the identification of key drivers and restraints
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares
  • Identification and analysis of the macro and micro factors that affect the United States Specialty Chemicals market.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Table of Contents:

  1. Introduction

1.1 Scope of the Report

1.2 Description

1.3 Research Methodology

 

  1. Executive Summary

 

  1. United States Specialty Chemicals Market

3.1 Overview

3.2 Industry Value Chain Analysis

3.3 Raw Material Analysis

3.4 Exports/Imports

3.5 Industry Attractiveness Porters Five Force Analysis

3.5.1 Bargaining Power of Suppliers

3.5.2 Bargaining Power of Buyers

3.5.3 Threat of New Entrants

3.5.4 Threat of Substitute Products and Services

3.5.5 Degree of Competition

3.6 PESTEL Analysis

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  1. Market Dynamics

4.1 Drivers

4.1.1 Growing Demand for High-Performance Coatings

4.1.2 Continuous Shale Gas Development Boosting Demand for Polyolefin Catalysts

4.1.2 Increasing Demand from End-User Industries

4.2 Restraints

4.2.1 Low Crude Oil Prices

4.2.2 Stringent Environmental Regulations Governing Specialty Chemicals

4.2.3 Strict Surveillance of Phthalate-Based Catalyst

4.3 Opportunities

4.3.1 Growing R&D Activities for the Development of Innovative Products

 

  1. US Specialty Chemicals Market Segmentation and Analysis (Market size, Forecast, CAGR)

5.1 Adhesives & Sealants (Segmented by Technology)

5.1.1Water-borne Adhesives

5.1.2 Solvent-borne Adhesives

5.1.3 Hot Melt Adhesives

5.1.4 Reactive Adhesives

5.1.5 Sealants

5.2 Catalysts (Segmented by Function)

5.2.1 Chemical Synthesis Catalysts

5.2.2 Petroleum Refining Catalysts

5.2.3 Polymerization Catalysts

5.3 Construction Chemicals (Segmented by Application)

5.3.1 Commercial

5.3.2 Industrial

5.3.3 Infrastructure

5.3.4 Residential

5.4 Cosmetic Chemicals (Segmented by Application)

5.4.1 Hair-care

5.4.2 Skin Care

5.4.3 Oral Care

5.4.4 Personal Hygiene

5.4.5 Others

5.5 Dyes, Inks, & Pigments (Segmented by Type)

5.5.1 Inks

5.5.2 Dyes

5.5.3 Organic Pigments

5.5.4 Inorganic Pigments

5.6 Electronic Chemicals (Segmented by Application)

5.6.1 Semiconductors & Integrated Circuits

5.6.2 Printed Circuit Boards

5.7 Flavors & Fragrances (Segmented by Type)

5.7.1 Flavors

5.7.2 Fragrances

5.8 Food Additives (Segmented by Type)

5.8.1 Natural Additives

5.8.2 Synthetic Additives

5.9 Foundry Chemicals (Segmented by Application Sector)

5.9.1 Iron & Steel

5.9.2 Non Ferrous Metals

5.10 lndustrial & lnstitutional Cleaners (Segmented by Application)

5.10.1 General Purpose Cleaners

5.10.2 Floor Care Products

5.10.3 Ware-washing Detergents

5.10.4 Disinfectants & Sanitizers

5.10.5 Laundry Care Products

5.10.6 Vehicle Wash Products

5.10.7 Hand Cleansers

5.11 Lubricants & Oil Additives (Segmented by Type)

5.11.1 Bio-Based Lubricants

5.11.2 Mineral Oil Lubricants

5.11.3 Synthetic Lubricants

5.11.4 Greases

5.12 Mining Chemicals (Segmented by Application)

5.12.1 Blasting & drilling

5.12.2 Mineral Processing

5.12.3 Water & waste treatment

5.12.4 Others

5.13 Oilfield Chemicals (Segmented by Type)

5.13.1 Biocides

5.13.2 Corrosion & Scale Inhibitors

5.13.3 Demulsifiers

5.13.4 Polymers

5.13.5 Surfactants

5.14 Paints & Coatings (Segmented by Application)

5.14.1 Industrial Coatings

5.14.2 Architectural Coatings

5.14.3 Specialty Coatings

5.15 Plastic Additives (Segmentation by Plastic Type)

5.15.1 Commodity Plastics

5.15.2 Engineering and High Performance Plastics

5.16 Rubber Processing Chemicals (Segmented by Application)

5.16.1 Tire

5.16.2 Non-Tire

5.17 Specialty Polymers (Segmentation by Type)

5.17.1 Specialty Elastomers

5.17.2 Specialty composites

5.17.3 Specialty thermoplastics

5.17.4 Specialty thermosets

5.18 Textile Chemicals (Segmented by Application)

5.18.1 Apparels

5.18.2 Automotive Textiles

5.18.3 Geo-textiles

5.18.4 Home Furnishing

5.18.5 Industrial Textiles

5.18.6 Smart-textiles for Military & Defense

5.19 Water Treatment Chemicals (Segmented by Function)

5.19.1 Biocides & Disinfectants

5.19.2 Coagulants & Flocculants

5.19.3 Corrosion & Scale Inhibitors

5.19.4 Defoamers & Defoaming Agents

5.19.5 pH Adjusters & Softeners

5.19.6 Other Chemicals

 

  1. Competitive Landscape

6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share Analysis

6.2.1 Adhesives & Sealants

6.2.2 Paints & Coatings

6.2.3 Specialty Polymers

6.2.4 Water Treatment Chemicals

6.2.5 Oilfield Chemicals

6.2.6 Lubricants & Oil Additives

6.2.7 Construction Chemicals

6.3 Strategies Adopted by Leading Players

  1. Company Profiles (Overview, Financials, Products and Services, and Recent Developments)

7.1 3M

7.2 A.Schulman

7.3 AkzoNobel

7.4 Albemarle Corporation

7.5 Archroma

7.6 Ashland Inc

7.7 Asian Paints

7.8 Baker Hughes Inc.

7.9 BASF

7.10 Berwind (BWA Water Additives)

7.11 BP

7.12 Buckman Laboratories Inc.

7.13 Chemtura Corporation

7.14 Chevron

7.15 Clariant International Ltd.

7.16 ConocoPhillips Co.

7.17 Covestro

7.18 Cytec Industries Inc

7.19 DOW Chemical Company

7.20 Dulux Group

7.21 E. I. DuPont de Nemours and Co.

7.22 Eastman Chemical Company

7.23 Ecolab Inc

7.24 Emery Oleochemicals Group

7.25 Evonik Industries AG

7.26 Exxon Mobil Corporation

7.27 Ferro Corporation

7.28 GE Water and Process Technologies

7.29 H.B. Fuller

7.30 Halliburton

7.31 Henkel AG & Co. KGAA

7.32 Hexion

7.33 Huntsman International

7.34 INEOS

7.35 Johnson & Johnson

7.36 Lonza Group Ltd.

7.37 L’Oréal

7.38 Merck KGaA

7.39 Nippon Paints

7.40 Procter & Gamble Company

7.41 Schlumberger Ltd.

7.42 Royal Dutch Shell

7.43 W.R. Grace & Co.

7.44 Total SA

7.45 Solvay SA

7.46 Sika AG

7.47 Unilever

  1. Disclaimer

 Report Details:

No. of Report Pages: 120

Price: $3250 (Single User Licence)

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