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ACC: US Specialty Chemical Markets End Q2 on Positive Note

Author: SSESSMENTS

According to a report by American Chemistry Council (ACC), specialty chemicals market volumes in the US expanded 0.3% in June after rising slightly 0.1% in May and dropping 0.3% in April. The volumes also showed weakness in the first quarter.


The ACC monitors 28 specialty chemical segments in the US. It reported 12 segments experienced an expansion, 13 declined, while the 3 of them were flat. Lubricant additives and mining chemicals made significant market volumes gains of above 1%.


Last month, the total specialty chemicals volume index (SCI) was up 1.9% year-on-year, on a three-month moving average. The index in June was equal to 3.56 million tons, about 115% of its average 2012 levels.


Specialty chemicals include materials produced based on their unique function. They might have only one or two uses but provide a wide variety of effects. They differ from commodity chemicals which account for the majority of the production volume in the global market.

Tags: EN FNSS American Chemistry Council (ACC),Chemical Industry,SSESSMENTS,Specialty Chemical,Specialty chemical industry,Specialty chemical market,United States,chemical,specialty chemicals volume index (SCI)

Published on July 25, 2019 7:44 PM (GMT+8)
Last Updated on January 14, 2020 7:43 AM (GMT+8)