CASE STUDY

Analyzing Latest Industry Trends to Gain a Competitive Advantage: SpendEdge’s Engagement Summary for a Specialty Chemicals Supplier

Dec 3, 2018

Specialty Chemicals Market: Latest Trends

The global specialty chemicals market is witnessing notable growth, owing to its increasing penetration in prominent end-use industries such as personal care & cosmetics, surfactants, construction, and electronics. Despite extraordinary pressures from a multitude of sources, the specialty chemicals industry has continued to perform and mature. The rise in the R&D funding and research activities amongst the specialty chemicals market players is expected to fuel specialty chemicals industry progress in the coming years.

Furthermore, with the world witnessing the advent of new powerful materials, end users are expecting to see new innovations in specialty chemicals. Consequently, to become market leaders in the specialty chemicals market, companies in the specialty chemicals industry will need some vital necessities: restructuring of their product portfolios, successful exploitation of digital technologies, and revising business models to generate higher returns on their investment in innovation. Thus, manufacturers are focusing on delivering products that are specific to certain applications.

SE Demo

Why Trends Analysis is Important for Companies in the Chemicals Industry?

Multiple factors contribute to the success of a chemical company. Unfortunately, an equal number of factors lead to a company’s failure. To become a high-flying chemicals supplier, it’s essential for business leaders to identify the latest trends and developments in the market. Moreover, the analysis of past and existing trends will give you an inkling of what might happen in the future.

Trend analysis is the process of analyzing business data over time to identify any consistent results or the latest trends. Analysis of the latest trends will help you understand how your business has performed and predict where current business operations and practices will take you over the coming years. Moreover, trends analysis will give you ideas about how you might change things to move your business in the right direction.


Wondering how analyzing the latest trends and looking deeper into specific market segments offers additional insights? Continue reading to know more or request a FREE proposal below.

request proposal

Recent Case Studies

Industries

Services

Getting Down To Business

We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by Covid-19 and are looking to connect with prospect buyers immediately.

Contact us

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

COVID-19 Resources

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

5 KEY CORONAVIRUS RISK ASSESSMENT STRATEGIES TO OVERCOME HEALTHCARE SUPPLY CHAIN CHALLENGES

IDENTIFYING STRATEGIC PURCHASING PRACTICES FOR A COMPANY IN THE US FOOD SERVICE INDUSTRY | SPENDEDGE’S LATEST SUCCESS STORY

COVID-19

Featured

Overview

Buyers

Diagnostic Test Kit

Additional Resources
Contact

A LOOK INTO THE FUTURE OF THE FOOD AND BEVERAGE INDUSTRY AFTER THE COVID-19 PANDEMIC

Identifying the Top 100 Coronavirus (COVID-19) Test Kit Manufacturers Across Regions

Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

News

About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
Global Offices

Press Releases and Media Mentions

Upcoming Events & Webinars