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North America Specialty Chemicals Market Forecast 2019-2027

KEY FINDINGS
The North American specialty chemicals market is expected to propel at a CAGR of 5.32% during the forecasting years 2019-2027. The specialty chemicals have found their utilization in numerous construction projects during the renovation of old buildings and in the construction of high rise buildings. The construction industry has rebounded at a modest pace post-recession and is expected to witness steady growth rate, which in turn will be beneficial for the specialty market in North America.

MARKET INSIGHTS
The United States and Canada are considered for the market study. Chemical products are essential to the production of countless manufactured products. The extensive use of paper products in the form of bags, pouches, teabags, wrapping and paper-based flexible packaging has raised the demand for improved and convenient packaging, especially in the US. On top of that, the United States is the top chemical producer in the world, accounting for nearly one-fifth of world production. Production of other products, such as plastics, pharmaceuticals, and fertilizers is more widely dispersed among the states.

COMPETITIVE INSIGHTS
Some of the major market players in the North American specialty chemicals market are PPG Industries Inc., Huntsman Corporation, BASF SE, Koninklijke DSM N.V., AkzoNobel N.V., DowDuPont, Ashland Inc., Clariant SE, Solvay S.A., Bayer AG, Merck & Co., Inc. and Sasol Limited.
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North America Specialty Chemicals Market Forecast 2019-2027
Published By :Inkwood Research
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