Report: Rebound For Specialty, Custom, Toll Manufacturers

Dec. 8, 2023
Amidst an industry recession and destocking trends in 2023, specialty chemical manufacturers are showing resilience and optimism, according to SOCMA

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. 

Access the full report.

Sponsored Recommendations

Reliability and safety in even the most demanding environments

Transform your operations with real-time insight and run at your peak potential. Measurement Instrumentation Technologies that help you reliably maxim…

Common Applications for Industrial Measurement Instrumentation

Pressure Measurement. Chemical. Food & Beverage. Mining, Minerals & Metals. Measurement Solutions for Hot Process Industries. Solve high process temperatu…

Measurement Instrumentation

The Leader in Measurement Instrumentation for Over 50 Years. For over half a century Emerson has been your trusted partner in exploring new opportunit…