ACC Reports Slowdown In U.S. Specialty Chemicals Markets

April 1, 2019
U.S. specialty chemical markets ease in February.

The American Chemistry Council (ACC) reports that U.S. specialty chemicals market volumes eased 0.1% in February after a 0.2% gain in January and a 0.4% gain in December. All changes in the data are reported on a three-month moving average (3MMA) basis. Performance chemistry reflects trends in manufacturing. Of the 28 specialty chemical segments ACC monitors, only 11 expanded in February, off from 14 in January and 17 in December. Thirteen markets experienced decline in February and four were flat. During February, large market volume gains (1.0% and over) occurred only in mining chemicals.

During February, the overall specialty chemicals volume index was up 4.4% on a year-over-year (Y/Y) 3MMA basis. The index stood at 114.6% of its average 2012 levels in January. This is equivalent to 7.81 billion pounds (3.54 million metric tons). On a Y/Y basis, there were gains in 19 market and functional specialty chemical segments. Compared with last year, volumes were down in nine segments.

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.