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

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