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Sustained Demand Across End-Use Industries Fuels Expansion of Specialty Chemicals Sector
The global specialty chemicals market was valued at USD 671.72 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% during the forecast period through 2034. Unlike commodity chemicals, which are traded on volume and price, specialty chemicals derive value from their performance, formulation expertise, and application-specific functionality—serving as...
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