Speciality chemicals are materials used on the basis of their performance or function. Consequently, in addition to “effect” chemicals they are sometimes swot analysis of textile industry in india pdf to as “performance” chemicals or “formulation” chemicals.
The physical and chemical characteristics of the single molecules or the formulated mixtures of molecules and the composition of the mixtures influences the performance end product. In commercial applications the companies providing these products more often than not provide targeted customer service to innovative individual technical solutions for their customers. Specialty chemicals differ from commodity chemicals in that each one may have only one or two uses, while commodities may have dozens of different applications for each chemical. A batch process is one in which a defined quantity of product is made from a fixed input of raw materials during a measured period of time. It is a consumer driven sector and as such the specialty chemical industry has to be innovative, entrepreneurial and consumer-driven. 980 billion by the end of 2016. The speciality chemical market is complex and each specialty chemicals business segment comprises many sub-segments, each with individualized product, market and competitive profiles.
This has given rise to a wide range of business needs and opportunities, consequently there are a large number of speciality chemical companies around the world. Many of these companies are SME’s with their own niche products and sometimes technology focus. There are many more privately owned speciality chemical companies that are not quoted on the global stock markets. By definition, speciality chemicals are produced in relatively small quantities but they represent 28 per cent of EU chemical sales. The emergence of India as a manufacturer and supplier of speciality chemicals has had a major impact on the Global speciality chemical industry.
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The wide capability of these companies extends into all sectors and sub-sectors of the speciality chemical market. The products of these UK companies are sold globally and contribute significantly to the UKs export trade. Speciality Chemicals make up a significant proportion of this. The products include dyestuffs, paints, explosives, adhesives, flavors and fragrances, photographic chemicals, unrecorded media and various industrial specialities. Speciality Chemical companies can be found in almost all regions of the UK. UK chemical and pharmaceutical manufacturing:The heart of our economy”. This page was last edited on 18 August 2017, at 12:25.
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