Germany Specialty Chemicals Market Size & Outlook
Germany specialty chemicals market, 2018-2030 (US$M)
Related Markets
Germany specialty chemicals market highlights
- The Germany specialty chemicals market generated a revenue of USD 67,848.3 million in 2024 and is expected to reach USD 91,076.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 5% from 2025 to 2030.
- In terms of segment, case was the largest revenue generating industry in 2024.
- Pharmaceutical Additives is the most lucrative industry segment registering the fastest growth during the forecast period.
Specialty chemicals market data book summary
| Market revenue in 2024 | USD 67,848.3 million |
| Market revenue in 2030 | USD 91,076.9 million |
| Growth rate | 5% (CAGR from 2025 to 2030) |
| Largest segment | Case |
| Fastest growing segment | Pharmaceutical Additives |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Germany accounted for 6.9% of the global specialty chemicals market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany specialty chemicals market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 50,950.6 million by 2030.
Case was the largest segment with a revenue share of 39% in 2024. Horizon Databook has segmented the Germany 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.
Specialty chemicals demand in Germany in terms of revenue is expected to increase over the forecasted period, due to the growing demand for additives, printing inks, coatings, and others in the automotive, food, and wood coating applications. The key market players in the region, including BASF SE, Lanxes, and Evonik Industries AG, are the largest producers of specialty chemicals in the country.
Manufacturers are introducing new and advanced products across their specialty chemicals portfolio, investing in the expansion of their existing or new production lines to cater to customers’ surging demand for specialty chemicals. Expansion of end-user industries is a key characteristic of the specialty chemicals market in Germany.
For instance, in January 2024, Evonik Industries AG began to increase production capacity at its polybutadiene production plant in Marl, Germany. The company expects to benefit from supply security in the case of raw materials for producing POLYVEST. Expansions like these are expected to increase the consumption of rubber processing chemicals in the region as a result of growth in end-user industries.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Specialty Chemicals Market Scope
Specialty Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany Industry - Specialty Chemicals Market size, 2024 - 2030 (US$M)
Germany Specialty Chemicals Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
