Study Reports Increase in Demand For Eco-Friendly Specialty Chemicals
PORTLAND, OR — According to a new study by Allied Market Research, the market for specialty chemicals is expected to grow into a $233.5 billion industry by 2020. The specialty chemicals industry operates within a targeted space that is filled with new opportunities as well as challenges. Manufacturing chemicals that meet clients’ demand and perform different tasks are not good enough in today’s world. To maintain a foothold in the chemical industry, producers must be ahead of the curve and keep up with the ever-changing industry demands, especially when the chemical industry has become so sensitive to global forces such Brexit and a strong dollar.