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Chemical industry - Wikipedia
The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy , it converts raw materials ( oil , natural gas , air , water , metals , and minerals ) into commodity chemicals for industrial and consumer products .
Chemical industry | Overview, Importance, & History | Britannica
Chemical industry, complex of processes, operations, and organizations engaged in the manufacture of chemicals and their derivatives. Raw materials include fossil fuels and inorganic chemicals. An average chemical product is passed from factory to factory several times before it emerges into the market.
Deep Dive into the chemical industry: What defines its transformation ...
The chemical industry is dynamically responding to global shifts and advancing internal innovations, playing a pivotal role in socioeconomic systems. The chemical industry is crucial in the energy transition, tackling emissions and enabling renewable technologies.
U.S. Chemical industry - statistics & facts | Statista
The chemical industry is one of the largest and most important industries worldwide, and United States is one of the largest national producers of chemical products globally. Including the...
2025 Chemical Industry Outlook - Deloitte Insights
In the next year, chemical companies will navigate many of the same challenges as other industries: evolving macroeconomic conditions, shifts in policy and regulations across regions, changing customer preferences, and advances in technology.
2024 chemical industry outlook | Deloitte Insights
But, by mid-2023, several chemical companies significantly revised down their expectations. 1 Multiple factors contributed to sluggish demand for chemicals globally, including a recession in Europe, inflation in the United States, and a smaller-than-expected rebound in demand from China.
Chemical Sector Profile - CISA
From research and development to manufacturing, the U.S. chemical industry employs 529,000 people, while creating jobs in the many other industries it touches. The business of chemistry is America’s largest exporting sector, accounting for more than 9 percent of U.S. exports.
Understanding the U.S. Chemicals Industry - IndustrySelect®
The U.S. chemicals sector is among the largest manufacturing industries, with reported annual average sales of $1.7 trillion. Many chemical companies, 34% of the total number, find homes in the South.
Chemical Sector Profile - CISA
From research and development to manufacturing, the U.S. chemical industry employs nearly 800,000 people, while creating jobs in the many other industries it touches. The business of chemistry is America’s largest exporting sector, supplying an eighth of the world’s chemical needs.
The state of the chemicals industry: Time for bold action and ...
In this article, we take our annual look at the chemicals industry’s performance and the factors that may be influencing its current trajectory. We also propose questions that industry stakeholders could consider as they navigate today’s competitive landscape—one that calls on companies to focus more on innovation and make bolder moves.
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