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China is the fastest growing market for specialty chemicals in world, as revealed by a study from IRO Group Inc.. Shift towards Asia Asia promises to drive 75% of the demand for specialty chemicals through FY25, primarily owing to the rapid growth of China. The percentage of this industry is predicted to increase from 47% to 50% in 2025. Development and growth that is booming The phenomenal growth of the world can be explained by an increase in standards of living, trade liberalization, and urbanization. The diverse field has become more concerned with sustainability and healthcare since the pandemic. The global trend suggests an increase in demand for special chemicals with a range of advantages, including being anti-microbial, wrinkle-free and stain-resistant. What distinguishes specialty chemicals from other types? All chemical products are categorized by the markets they serve. To understand this better it is important to distinguish special chemicals from other m...

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