ACC Publishes 2015 Guide to Chemical Industry
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
American chemistry is the global leader in production, providing over
fifteen percent of the world’s chemicals and representing 14 percent of
all U.S. exports. 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 six million chemistry-dependent jobs.
“The business of chemistry is the building block for everything around
us,” said the publication’s lead author, ACC chief economist Kevin
Swift. “Supporting nearly 25 percent of the U.S. GDP, the business of
American chemistry is vital to continued economic expansion, job
creation, and the return of a strong domestic manufacturing sector.”
“At the midway point in 2015, the business of chemistry is poised for
growth,” Swift continued. “Ongoing recovery of end-use markets,
sustained competitiveness, and the return of global economic growth will
lift demand for American chemistry for several years and in the
long-term the industry will grow faster than the overall economy.”
Prepared annually by ACC’s Economics and Statistics Department, The
Guide to the Business of Chemistry divides the $801 billion business
into more than thirty 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 10 years.
The Guide to the Business of Chemistry is available to ACC members for $285 and non-members for $385.
Order or download an electronic version
Order a bound, printed version
Alternatively, orders can be placed by calling 301-617-7824.
For related articles, news, and equipment reviews, visit our Equipment Zones
Click here for a List of Equipment Manufacturers