Cri-report Rhodia Leads in the Russia Specialty Chemicals Market till 2018


Posted May 16, 2013 by Angela9

Russian specialty chemicals market is still in its nascent stage when compared to its European counterparts as well as other chemicals segments such as commodity chemicals and base chemicals.

 
According to “Russia Specialty Chemicals Market Forecast & Opportunities, 2018” the specialty chemicals market in Russia is has excellent growth prospects and opportunities. The report also forebodes that Rhodia is going to maintain its lead in the Russia Specialty chemicals market till 2018 with about 23% market share. The growing end user application industries such as automotive, oil & gas, personal care and construction have fuelled the demand for specialty chemicals in the country. Currently, around 50% demand for specialty chemicals is met through imports. The Russian manufacturers tend to export raw material to developed nations and in turn import the high value specialty chemicals, this causes profit margin erosion. Thus, the government has targeted reduction in import of specialty chemicals to 12%. In order to meet the demand, the country is developing the domestic production for complex secondary chemical formulation. The “Russia Specialty Chemicals Market Forecast & Opportunities, 2018” report elaborates following particulars:

- Market Size, Share and Forecast till 2018
- Segmental Analysis
- Policy & Regulatory Landscape
- Market Trends & Developments
- Competitive Landscape & Strategic Recommendations
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Issued By China Research and Intelligence
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Country China
Categories Marketing
Tags base chemicals , commodity chemicals , market forecast , market share , specialty chemicals
Last Updated May 16, 2013