Industry News, Market Research

GMI: Specialty Chemicals Market Worth $1.2 Trillion by 2024

Forecasted to experience gains exceeding 4% CAGR by 2024.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

The specialty chemicals market size was valued at more than USD $830 billion in 2015 and is forecasted to experience gains exceeding 4% CAGR by 2024, according to Global Market Insights.   The global population was approximately 6.89 billion in 2010 and reached more than 7 billion in 2015. According to the World Bank, farmers may have to upscale their yield by 50% per hectare by 2050 owing to boost agrochemicals, such as fungicides, demand by 2024.   The automotive industry is one of the most lu...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters