The Society of Chemical Manufacturers & Affiliates (SOCMA) has released a Contract Manufacturing Outlook Report, offering a comprehensive analysis of the specialty chemical sector. Despite challenges in 2023, the report forecasts a robust rebound in 2024. The survey, focusing on specialty, custom and toll chemical manufacturers, identifies key trends, including an optimistic outlook amidst an industry recession, strategic investments for growth and a notable push for reshoring and collaborations in North America post-pandemic.