January Brings Gains For U.S. Specialty Chemicals Markets

March 1, 2021
The American Chemistry Council reports that U.S. specialty chemicals market volumes rose 1.2% in January, accelerating slightly from a 1.0% gain in December.

The American Chemistry Council (ACC) reports that U.S. specialty chemicals market volumes rose 1.2% in January, accelerating slightly from a 1.0% gain in December. Of the 28 specialty chemical segments that ACC monitors, 19 expanded in January, off from 22 in December. Two segments were stable and seven declined. On a sequential basis, diffusion was 70%, off from 79% in December. Of the segments that increased in January, 12 featured gains of 1.0% or more.

During January, overall specialty chemicals volumes were off 4.2% on a year-over-year (Y/Y) basis, a slight improvement from December. Volumes stood at 108.3% of their average 2012 levels in December. This is equivalent to 7.38 billion pounds (3.35 million metric tons). On a year-earlier basis, six chemical segments showed gains: cosmetic additives, electronic chemicals, flavors and fragrances, food additives, plastic compounding and water management chemicals. On a year-earlier basis, diffusion was 18% in January.

For more information, visit: www.americanchemistry.com

Sponsored Recommendations

Keys to Improving Safety in Chemical Processes (PDF)

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.

Get Hands-On Training in Emerson's Interactive Plant Environment

Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...

Managing and Reducing Methane Emission in Upstream Oil & Gas

Measurement Instrumentation for reducing emissions, improving efficiency and ensuring safety.

Micro Motion 4700 Coriolis Configurable Inputs and Outputs Transmitter

The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.