North America Specialty Chemicals Market Size & Outlook

The specialty chemicals market in North America is expected to reach a projected revenue of US$ 307,321.1 million by 2030. A compound annual growth rate of 4.5% is expected of North America specialty chemicals market from 2025 to 2030.
Revenue, 2024 (US$M)
$236,226.2
Forecast, 2030 (US$M)
$307,321.1
CAGR, 2025 - 2030
4.5%
Report Coverage
North America

North America specialty chemicals market highlights

  • The North America specialty chemicals market generated a revenue of USD 236,226.2 million in 2024.
  • The market is expected to grow at a CAGR of 4.5% 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, U.S. is expected to register the highest CAGR from 2025 to 2030.

North America data book summary

Market revenue in 2024USD 236,226.2 million
Market revenue in 2030USD 307,321.1 million
Growth rate4.5% (CAGR from 2025 to 2030)
Largest segmentCase
Fastest growing segmentInstitutional & Industrial Cleaners
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCASE, 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 worldwideSolvay 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, North America region accounted for 24.1% 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 39.87% in 2024. Horizon Databook has segmented the North America 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.


North America is the major market for food additives, printing inks, biocides, surfactants, lubricating oil additives, corrosion inhibitors, industrial and institutional cleaners, cosmetic chemicals, and oil field chemicals. 

The North America market is characterized by the presence of key specialty chemical producers, such as BASF SE, Akzo Nobel N.V., Ashland, Dow, LANXESS, DSM, Albemarle Corporation, Evonik Industries, and SOLVAY.

Corrosion inhibitors are majorly used in petroleum, water treatment, construction, metal treatment, chemical-manufacturing industry, and in the manufacturing of engineering tools. Furthermore, specialty chemicals are used in the form of additives in the pharmaceutical and nutraceuticals industry. 

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Specialty Chemicals Market Scope

Specialty chemicals market segmentation & scope

Specialty Chemicals Market Companies

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North America specialty chemicals market size, by country, 2018-2030 (US$M)

North America Specialty Chemicals Market Outlook Share, 2024 & 2030 (US$M)

North America specialty chemicals market size, by country, 2018-2030 (US$M)

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