The global chemical industry is expected to navigate significant challenges in 2025, including sluggish market demand and geopolitical tensions. Despite these hurdles, the American Chemistry Council (ACC) predicts a 3.1% growth in global chemical production, driven primarily by the Asia-Pacific region. Europe is anticipated to recover from a sharp decline, while the U.S. chemical industry is projected to grow by 1.9%, supported by gradual recovery in domestic and international markets. Key sectors such as electronics-related chemicals are performing well, while housing and construction-related markets continue to struggle. The industry also faces uncertainties due to potential new tariffs under the incoming U.S. administration.
Post time: Mar-20-2025