The American Chemistry Council (ACC) issues its 2015 edition of the Guide to the Business of Chemistry, a detailed economic profile of the chemistry industry and its contributions to the U.S. and world economies.
American chemistry is the global leader in production, providing over 15% of the world’s chemicals and representing 14% of all U.S. exports, according to the ACC. It is also one of America’s largest manufacturing industries, an $801 billion enterprise providing 804,000 high-paying jobs. For every one chemistry industry job, 6.3 others are generated in other sectors of the economy, including construction, transportation and agriculture, totaling nearly 6 million chemistry-dependent jobs.
Prepared annually by ACC’s economics and statistics department, The Guide to the Business of Chemistry divides the $801 billion business into more than 30 categories of production, ranging from inorganic chemicals to plastic resins; from adhesives and sealants to oilfield chemicals; and from fertilizers to pharmaceuticals and consumer products. Within each segment the report highlights distinct characteristics, including growth dynamics, markets, new developments and other issues affecting each sector.
Individual sections of the guide cover a variety of topics in detail, including financial performance, U.S. and global trade, innovation, capital investment, employment, environmental, health and safety statistics, energy and distribution. Charts and graphs help illustrate data and provide comparisons for the past ten years.
The Guide to the Business of Chemistry is available to ACC members for $285 and non-members for $385. For more information, visit: www.americanchemistry.com
