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ACC: Chemical Industry Growth Rate Surpasses 20-Year Average as Industry Rebounds from Hurricanes

US manufacturing turns corner, rides upswing of global economies.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The US chemical industry is riding a global wave of growth as the world’s major economies experience an upswing for the first time in a decade. Increased output and accelerating growth rates that surpass the previous 20-year average will help cement the business of American chemistry as $1 trillion industry within the next five years, according to the American Chemistry Council’s (ACC) “Year End 2017 Chemical Industry Situation and Outlook.” Despite disruptions from this year’s historic Hurrican...

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