The global market for fine chemicals was estimated to be about $85 billion in 2010.
The largest markets are pharmaceuticals (about $55 billion) and agrochemicals (about $15 billion), with the $15 billion balance spread across another 50+ markets.
facts & figures
Given the difficulty of defining a fine chemical, estimates of the size of the fine chemicals market vary.
At $85 billion, the fine chemicals global industry (ex-manufacturer level) represents about 4% of the $2.5 trillion chemical industry turnover worldwide.
captive and merchant
In 2010, it was estimated that the $55 billion pharmaceuticals market was divided between captive (in-house) manufacture ($32 billion) and merchant (outsourced) manufacture ($23 billion).
For agrochemicals, the $15 billion market was divided between captive manufacture ($11 billion) and merchant manufacture ($4 billion).
For other specialty markets, the $15 billion was divided between captive ($10 billion) and merchant ($5 billion) manufacture.