Specialty Chemicals Industry in Canada

A Specialty Chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. Some examples of specialty chemicals are adhesives, additives, antioxidants, corrosion inhibitors, cutting fluids, dyes, lubricants, pigments, etc.

The chemical industry world over always enjoys a love-hate relationship with communities. Driven by many objectives as well as balancing social concerns with profit and R&D investments, the industry often finds itself straddled with key questions bordering on growth and ensuring sustenance in collaboration with the community.

High demand helped to lift profits for Canadian chemical producers in the last couple of years, and experts say that this trend will continue in 2008 and 2009. Feedstock availability is still a big issue for Canadian chemical producers, but they are working on ways to harness Canada's hydrocarbon riches for new petrochemical investments.

The Canadian specialty chemicals market is highly capital intensive and it is unlikely that small scale operations will find success in the market. The Canadian specialty chemicals market had total revenues of $9.9 billion in 2007.

Aruvian Research's report Specialty Chemicals Industry in Canada researches the characteristics of the Canadian Specialty Chemicals industry and the segments which, as a whole, make up this dynamic machinery of growth.

The report delves deeper into the industry's dynamics like competition, market value, and market segmentation. The report also profiles some of the leading players in the industry who have earned the reputation and pride for the Canadian Specialty Chemicals Industry globally and have placed Canada at the top of the pecking order.