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Specialized chemicals can be grouped according to their composition or usage. On the basis of composition, there are two categories — fine chemicals and performance chemicals. Fine chemicals are synthesis products, used as intermediates in the manufacture of various end products, ranging from pharmaceuticals to flavors and essences, from agrochemicals to detergents. These products have medium to low volume sales, but are priced higher compared to commodities. They are composition products described by their chemical-physical properties. Performance chemicals, on the other hand, could be mixtures of chemicals, designed for specific customers and applications. Depending on the use, the chemical industry is divided into traditional specialized chemicals used in textiles and leather treatment segments and the emerging specialized chemicals used in paper treatment, polymer intermediates, master batches, water treatment chemicals and electronic chemicals segments.
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