Europe Specialty Chemicals Market Size & Outlook

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.