The specialty chemicals market accounted for $1.11 trillion in 2017.
The specialty chemicals market accounted for $1.11 trillion in 2017 and is expected to reach $1.97 trillion by 2026, growing at a compound annual growth rate (CAGR) of 6.5%, according to a recent report.
Some key factors propelling the market growth are increasing demand from various end users, technological advancements, the rapid expansion of shale oil and gas drilling and refining activities, and rising construction activities.