U.S. Chemicals Market Projected to Intensify as Global Growth Slows

By Kevin Duffy

The U.S. chemical market is projected to grow 3.6% in 2019, up from a 3.1% increase in 2018, according to the American Chemistry Council. Strong conditions in key end markets as well as an advantage in feedstock supply and costs are expected to drive the U.S. industry. In contrast, experts anticipate the global chemicals market to increase 3.0% in 2019, down from 3.2% growth the prior year.

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