Resilient chem industries outpace traditional markets in 2009

12/23/2009 | Royal Society of Chemistry

The gap in performance between chemical industries in developed and developing economies began to widen in 2009, and it is expected to become more pronounced in the coming years. The emerging economies of China, India and Brazil continue to seek a bigger share of the global chemicals market, while the North American, European and Japanese chemical sectors struggle with recession. The American Chemistry Council, however, is optimistic that chemicals production in the U.S. will grow by 3% next year.

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