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Specialty Chemicals Market

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<strong>Specialty</strong> <strong>Chemicals</strong> <strong>Market</strong><br />

expected to surge demand for specialty chemicals in the years to come. The rising<br />

individual income of the population demands for household products, construction, cleaning<br />

products, food and textile products etc in which specialty chemicals are necessary, this<br />

factor boost the specialty chemicals market. However, manufacturers are expected to face<br />

some challenges such as stringent regulations against agrochemicals which may hamper<br />

the growth of this market.<br />

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On the basis of product type specialty chemicals market can be segmented as<br />

agrochemicals, polymers & plastic additives, construction chemicals, electronic chemicals,<br />

cleaning chemicals, surfactants, lubricants & oilfield chemicals, specialty coatings, paper &<br />

textile chemicals, food additives, adhesives & sealants and others. Agrochemical was the<br />

largest product segment in 2014. The construction chemicals segment is anticipated to<br />

exhibit strong growth during the forecast period. Construction chemicals are used in<br />

manufacturing of concrete, cement, or other construction materials to provide superior<br />

strength and development in infrastructure demand for this construction material. Electronic<br />

chemicals market are expected to show strong demand in coming days due to large used of<br />

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