In 2023, specialty chemicals had a market value of nearly 79 billion U.S. dollars, while active pharmaceutical ingredients had a market value of around 73.34 billion U.S. dollars. Forecasts indicate a continued rise in their market values in the coming years.
Additional information on the global fine chemicals market can be found here.
Market value of the fine chemicals industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by type
(in billion U.S. dollars)
Characteristic
Specialty chemicals
Active pharmaceutical ingredients
Agrochemicals
Others
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Extrapolate. (March 5, 2024). Market value of the fine chemicals industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1457035/global-fine-chemicals-industry-market-value-by-type/
Extrapolate. "Market value of the fine chemicals industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by type (in billion U.S. dollars)." Chart. March 5, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1457035/global-fine-chemicals-industry-market-value-by-type/
Extrapolate. (2024). Market value of the fine chemicals industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1457035/global-fine-chemicals-industry-market-value-by-type/
Extrapolate. "Market Value of The Fine Chemicals Industry Worldwide from 2021 to 2023 with a Forecast from 2024 to 2031, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Mar 2024, https://www.statista.com/statistics/1457035/global-fine-chemicals-industry-market-value-by-type/
Extrapolate, Market value of the fine chemicals industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1457035/global-fine-chemicals-industry-market-value-by-type/ (last visited August 25, 2024)
Market value of the fine chemicals industry worldwide from 2021 to 2023 with a forecast from 2024 to 2031, by type (in billion U.S. dollars) [Graph], Extrapolate, March 5, 2024. [Online]. Available: https://www.statista.com/statistics/1457035/global-fine-chemicals-industry-market-value-by-type/