Specialty Chemicals Market – Industry Insights, Trends and Growth Opportunity Analysis to 2030

Mon, 02 Dec 2024 07:02:25 +0000

The global specialty chemicals market size is estimated at USD 914.4 billion in 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. The growth is attributed to the growing demand from pharmaceuticals, flavors and fragrances, rubber processing, and electronics chemicals, among others. One of the prime growth factors is consumer-driven demand, led by categories such as personal care, food & feed additives, and pharmaceuticals, among others.