Specialty chemicals, also known as performance or value-added chemicals, are chemicals that are produced for specific industrial or consumer applications, rather than for general or commodity use. They are usually high-value, low-volume products that require specialized knowledge and expertise to produce. They can perform a variety of functions, such as improving the quality, durability, or safety of a product, or enhancing its performance in some way. Overall, specialty chemicals play a critical role in modern industry, and they are essential for driving innovation and meeting the complex and diverse needs of consumers and businesses.