Europe Specialty Chemicals Market Size & Outlook
Europe specialty chemicals market, 2018-2030 (US$M)
Related Markets
Europe specialty chemicals market highlights
- The Europe specialty chemicals market generated a revenue of USD 294,377.2 million in 2024.
- The market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
- In terms of segment, case was the largest revenue generating industry in 2024.
- Institutional & Industrial Cleaners is the most lucrative industry segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 294,377.2 million |
| Market revenue in 2030 | USD 407,354.8 million |
| Growth rate | 5.6% (CAGR from 2025 to 2030) |
| Largest segment | Case |
| Fastest growing segment | Institutional & Industrial Cleaners |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CASE, Institutional & Industrial Cleaners, Rubber Processing Chemicals, Food & Feed Additives, Cosmetic Chemicals, Oilfield Chemicals, Specialty Pulp & Paper Chemicals, Specialty Textile Chemicals, Water Treatment Chemicals, Construction Chemicals, Electronic Chemicals, Mining Chemicals, Pharmaceutical Additives, Other Industries |
| Key market players worldwide | Solvay SA, Evonik Industries AG, Clariant AG, Akzo Nobel NV, DuPont de Nemours Inc, Kemira Oyj, Lanxess AG, Croda International PLC, Huntsman Corp, The Lubrizol Corp, Albemarle Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.1% of the global specialty chemicals market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 407,354.8 million by 2030.
Case was the largest segment with a revenue share of 38.9% in 2024. Horizon Databook has segmented the Europe specialty chemicals market based on case, institutional & industrial cleaners, rubber processing chemicals, food & feed additives, cosmetic chemicals, oilfield chemicals, specialty pulp & paper chemicals, specialty textile chemicals, water treatment chemicals, construction chemicals, electronic chemicals, mining chemicals, pharmaceutical additives, other industries covering the revenue growth of each sub-segment from 2018 to 2030.
Europe emerged as a prominent market for specialty chemicals after Asia Pacific. It is characterized by the presence of several developed economies, such as Germany, the UK, France, Switzerland, Russia, and the Netherlands. Innovation and development in the manufacturing industries of the region, especially automotive & transportation, food & beverages, as well as chemical manufacturing, have boosted the growth of specialty polymers, rubber processing chemicals, flavors & fragrances, electronic chemicals, adhesives, plastic additives, coatings, and food additives in the region.
Europe is run by major industrial economies, such as the UK, Germany, France, Italy, Spain, Russia, and others, with an increasing number of manufacturers and various suppliers of electronics, cosmetics, and pharmaceutical products penetrating the regional ecosystem. The presence of major cosmetic manufacturing units drives the demand for specialty chemicals in Europe.
Specialty chemicals used in the manufacturing of cosmetic and personal care products include single-use products category, such as antiperspirants and deodorants, antidandruff agents, sunscreens, hair conditioning polymers, hair setting resins, silicone fluids, and others.
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Specialty Chemicals Market Scope
Specialty Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe specialty chemicals market size, by country, 2018-2030 (US$M)
Europe Specialty Chemicals Market Outlook Share, 2024 & 2030 (US$M)
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