10/4/17 7:00 am EDT

HOUSTON (October 4, 2017) – The global market for specialty chemicals totaled $556 billion in 2016, driven by growing global demand for personal electronics and the increasing buying power of Chinese consumers, according to new analysis from IHS Markit (Nasdaq: INFO), a world leader in critical information.

Specialty chemicals are specially formulated chemicals that are sold on the basis of their performance or function, rather than their composition. They are the focus of the IHS Markit more...