Jun 22 2010
After experiencing fluctuations in growth, the Italian specialty chemicals market fell into decline in 2009. Fast recovery is expected however, and the market is set to grow at a stronger and more stable rate in the forecast period.
The specialty chemicals market was, like many other markets, affected by the recent financial and economic crisis. While several specialty chemicals segments i.e. plastics additives, textile chemicals, construction chemicals, electronic chemicals or specialty polymers followed the downturn of their end-use industries, others such as cosmetic chemicals, food additives, and industrial cleaners, have showed more resilience to the negative economic conditions.
The Italian specialty chemicals market generated total revenues of $36.9 billion in 2009, representing a compound annual growth rate (CAGR) of 5% for the period spanning 2005-2009. In comparison, the French and German markets grew with CAGRs of 0.8% and 0.7% respectively, over the same period, to reach respective values of $27.4 billion and $49 billion in 2009.
Key Topics Covered:
1. Specialty Chemicals Market in Italy 2010
2. Specialty Chemicals Market in Italy Competitive Analysis
3. Specialty Chemicals Market in Italy Market Players Profiles
Companies Mentioned:
- Gruppo Mossi & Ghisolfi (M&G)
- MAPEI S.p.A.
- Polimeri Europa SpA
- Radici Group
Source: http://www.researchandmarkets.com/