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Global Specialty Chemicals Market 2014-2018: Trend of Mergers and Acquisitions Expected to Continue in the High Growth Areas of Latin America and the APAC Region
M2 - Fri Mar 07, 6:32AM CST
Research and Markets (http://www.researchandmarkets.com/research/kqdpg3/global_specialty) has announced the addition of the "Global Specialty Chemicals Market 2014-2018" report to their offering. The analysts forecast the Global Specialty Chemicals market to grow at a CAGR of 5.16 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing demand for specialty chemicals products in the rapidly developing countries of the APAC region. The Global Specialty Chemicals market has also been witnessing the increase in mergers and acquisitions through which key players in the market are increasing their penetration in the emerging economies. However, the increasingly stringent health and environmental regulations could pose a challenge to the growth of this market. Key vendors dominating this space are 3M Company, AkzoNobel NV, Arkema SA, BASF SE, Bayer AG, Clariant AG, Dow Chemical Co., Evonik Industries Inc., Ecolab Inc., E. I. du Pont de Nemours and Co., Henkel AG & Co. KGaA, Koninklijke DSM NV, PPG Industries Inc., Solvay-Rhodia, and Syngenta AG. Other vendors mentioned in the report are Ashland Inc., Avery Dennison Corp., DIC Corp., Eastman Chemical Co., Givaudan SA, Honeywell International Inc., Huntsman Corp., Lonza Group, Lubrizol Corp., Merck KGaA, Momentive Performance Materials Holdings Inc., Monsanto Co., RPM International Inc., Sherwin-Williams Co., Shin-Etsu Chemical Co. Ltd., Toray Industries Inc., Valspar Corp., and Wacker Chemie AG. Commenting on the report, an analyst from the team said: Many SMEs involved in chemical manufacturing are effective in the production of specialty chemicals for niche markets, though they lack in logistics for manufacturing specialty chemicals in bulk. Since the Specialty Chemicals market is highly fragmented, the key players are trying to gain more market share through the mergers and acquisitions of smaller firms. This trend will help the large vendors to grow and improve their networks at a faster pace. Moreover, the mergers and acquisitions strategy will help the bigger players to penetrate the markets in the emerging economies of Latin America and the APAC region. Global chemical manufacturers that have a large geographic presence, diversified product portfolio, and technical expertise for providing VAS are preferred by large industrial consumers. The mergers and acquisitions strategy serves all three main purposes of improving efficiency, diversifying product portfolio, and expanding the vendors' geographic presence. For more information visit http://www.researchandmarkets.com/research/kq..._specialty About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.