ACC Market Volume Index Falls In January

Feb. 18, 2016
The U.S. specialty chemicals market starts the year on a soft note.

The Specialty Chemicals Market Volume Index, a tool created by the American Chemistry Council (ACC), fell in January, dropping .5% on a three-month moving average (3MMA) basis after a .1% decline in December. Weakness in 2015 was centered in oilfield chemicals and a few other segments that, combined, weighed on overall volumes. Of 28 specialty chemical segments monitored, only 10 expanded in January, with none experiencing large gains (1% and over) in market volumes, according to ACC.

The overall specialty chemicals volume index was off 2.7% year-over-year (Y/Y) also on a 3MMA basis. Year-earlier comparisons were generally in the 4% to 6.8% range during 2012-2014, but since February they have fallen below that range as the downturn in the oil and gas sectors affected headline volumes. The strong U.S. dollar has adversely affected a number of export-oriented customer industries, according to ACC. On a Y/Y basis, gains are still fairly widespread among most market and functional specialty chemical segments. With few exceptions, however, year-earlier comparisons have been moderating.

For more information, visit:

Sponsored Recommendations

Heat Recovery: Turning Air Compressors into an Energy Source

More than just providing plant air, they're also a useful source of heat, energy savings, and sustainable operations.

Controls for Industrial Compressed Air Systems

Master controllers leverage the advantages of each type of compressor control and take air system operations and efficiency to new heights.

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!

The Art of Dryer Sizing

Read how to size compressed air dryers with these tips and simple calculations and correction factors from air system specialists.