ACC Reports Three-Month Market Decline

July 20, 2016
The U.S. specialty chemicals market declines for third consecutive month, ending second quarter on a soft note.

The Specialty Chemicals Market Volume Index, a tool created by the American Chemistry Council (ACC), slipped 0.4% in June. This follows a 0.3% decline in May and a 0.5% decline in April. All data is measured on a three-month moving average (3MMA) basis. Of the 28 specialty chemical segments monitored, 11 expanded in June, two were stable and the remaining 15 declined, according to ACC. Large gains (1.0% and over) were noted only in rubber processing chemicals.

The overall specialty chemicals volume index was off 1.4% year-over-year (Y/Y) also on a 3MMA basis. Year-earlier comparisons were generally in the 4.0% to 6.8% range during 2012-2014 but since February 2015, they have fallen below that range as the downturn in the oil and gas sectors reportedly affected headline volumes. In addition, the strong U.S. dollar has adversely affected a number of export-oriented customer industries, according to ACC. Weakness spread to other segments as well and year-earlier comparisons have been negative since second quarter 2015.  Still, on a Y/Y basis, there were reportedly gains among market and functional specialty chemical segments. With few exceptions, however, year-earlier comparisons have been moderating, according to ACC.

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.