Us chemical industry trade balance by sector302010 0 10 20 30. The outlook for the european chemical industry is positive. Economic implications of trends in chemicals production, trade and use. Chemicals industry stock outlook apr 2016 april 14. Global chemical mergers and acquisitions outlook deloitte. The outlook for the asian chemical industry in 2018 is good. Chemical industry project outlook improves for 2018. It takes stock of global trends as well as progress made and gaps in. The global chemical distribution market size was valued at usd 239 billion in 2019 and is expected to register a cagr of 5. The global market for chemicals is a dynamic growth market to 2030, with chances for the german chemicalpharmaceutical industry to continue the successes of the past if the framework conditions in the energy policy in germany and europe do not further weaken the competitiveness of the industry. Chemical distribution market size, share industry growth. Chemical industry outlook vma market outlook workshop august 1415, 2014 the langham boston, ma presented by ihs chemical. Plastics often contain a complex blend of chemical.
Cosmetics market size, share, analysis, forecast global cosmetics industry report, 2015 to 2025 the global cosmetics market is anticipated to witness significant growth in the coming years owing to growing need for antiageing products among men and women. Data is from the time period of 1 january 2009 to 31 december 2014. Acc forecasts bright outlook for the chemical industry aiche. Our flagship business publication has been defining and informing the seniormanagement agenda since 1964. It focuses particularly on the challenges and opportunities facing developing nations. Chemical production increased only marginally in the european union 2016. Industry outlook is a subscription service from the centre for monitoring indian economy pvt ltd. Global chemicals outlook acknowledgements the global chemicals outlook report was coordinated by kaj madsen and pierre quiblier, chemicals branch, united na ons environment programme, under the guidance of sylvie lemmet, director, division of technology, industry. Best practice integration of capital projects into turnarounds. The chemical industry is one of the worlds largest branches and has significant influence on many other industries. The chemical industry excluding pharmaceuticals grew at the rate we had anticipated, by 3. Yearend 2015 chemical industry situation and outlook. Despite starting 2017 at a similar potential spend level, by april of 2017 industrial info had witnessed the future spend fall much further.
A graphic with the title of cover story world chemical outlook. The resolution also requested the executive director to ensure that the updated global chemicals outlook addresses the. The fastest growth was seen in chemical production in the emerging markets of asia 2016. Challenges and perspectives on the chemical industry in brazil all dollar amounts throughout this article are u. Global speciality chemical market size, outlook, trends. Specialty chemicals market size, share, outlook industry. China will presumably contribute more than two percentage points to the rate of global chemical industry growth in 2016. Mckinsey global institute our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. The big 3 think act chemicals 2035 2 roland berger strategy consultants 1 3 2 outlook for chemicals 4. Ideally this means optimism about the future spend in the chemical industry is even stronger. Chemicals are an integral part of modern daily life.
The global specialty chemicals market size was estimated at usd 1. Acc forecasts bright outlook for the chemical industry. It includes the mining, manufacturing, utilities and and services industries. Chemical industry outlook may 2011 wall street pit. The european chemical industry council cefic expects chemical output in the european union to rise 2% year over year in 2018. May 2015 chemicals 2035 gearing up for growth how europes chemical industry can gain traction in a tougher world. Figure 5 projection of annual production growth in the chemical industry by region, 20152022. World economic outlook international monetary fund. Midyear 2016 chemical industry situation and outlook. As yahoo finance stated in a report on the chemical industry outlook that.
In the united states, the economy remains below its potential growth as high taxes, debt and regulatory burdens still take a toll on both business and consumer confidence. The global chemicals outlook ii from legacies to innovative solutions. Towards sound management of chemicals published on jan 19, 2015 the global chemicals outlook is a comprehensive and practical publication that assembles scientific. Energy outlook 2015 global gdp projection 202040 and. This statistic shows the total revenue of the global chemical industry from 2002 to 2018. Challenges and perspectives on the chemical industry in brazil. Specialty chemicals are manufactured for specific performance and functions in different end use industries. Recent developments and implications for the global outlook.
Midyear 2016 chemical industry situation and outlook american chemistry. Industry sector trends relevant for sound chemicals. The global growth rate of the chemical market will be largely determined by developments in china, which accounts for more than a third of worldwide production. Global chemicals outlook sustainable development the united. The textiles industry is also a significant sector in the global. In 2014 the us chemical industry grew by 2%, over 3% in 2015 and around the same is forecast for 2016. Chemical industry outlook may 2011 may 12, 2011 zacks investment research chemicals are generally used to make a wide variety of consumer goods and are also used in. Increasing consumption of chemicals across enduse industries such as construction, pharmaceutical, polymers and resins coupled with high complexity in reaching the customers is likely to drive the opportunities for chemical distributors over. There is a slight negative bias in the outlook distribution that is largely explained by company and countryspecific issues. Revenue of brazils chemical industry, as defined by. Total global chemical shipments are worth an enormous five billion u.
Specialty chemicals market size and share outlook by. Higher cash levels on corporate balance sheets, low levels of innovation, and a low growth macroeconomic outlook. Chemical outlook 2015 by market january 12, 2015 issue. If the global economy will experience higher growth and low inflation, i think that bodes well for the chemical business, he said. End users in industries such as oil and gas, chemical and petrochemical, power generation, food and beverage, and life sciences among others looking to invest in greenfieldbrownfield projects in various regions and looking for compressor manufacturers for such projects. If the global economy will experience higher growth and low inflation. Global manufacturing, which softened during 2015, is also anticipated to strengthen in 2017. The new plastics economy ellen macarthur foundation. Global outlook b razils chemical industry is the largest in the south. Global chemicals outlook towards sound management of chemicals. Yearend 2015 chemical industry situation and outlook american. Longterm growth to accelerate and outpace overall u. Millions of people throughout the world lead richer, more.
The global manufacturing sector, which represents the primary customer base for the chemical industry, entered a soft period in 2015. Global chemicals outlook towards sound management of. Global chemical mergers and acquisitions activity has continued to flourish, even in uncertain times and could continue to provide a robust market for growth, although volumes are predicted to be slightly less. Industry outlook is a comprehensive service that provides detailed information on indian industries.
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