These substances can be combined to alter the composition, functioning, and processing of the finished product, or they can exist independently as chemical substances. As opposed to a commodity having hundreds of applications, a Specialty Chemical may only have one or two principal uses The end-user industries can be used to further segment some chemicals. Furthermore, these compounds are the result of extensive research and development, which is a crucial differentiation from the commoditized chemical business
These compounds are utilised based on their performance. Particularly chemicals can be further categorised according to the industries in which they are employed. These chemicals differ from the commoditized chemical industry in that they are the outcome of extensive research and development. A Speciality Chemical may only have one or two primary applications, in contrast to a commodity chemical, which has dozens of uses.
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