Summary
The global chemicals market is estimated to have shown a growth of 5% y/y in terms of value for 2006. This growth in chemical industry is driven by strong demand from consumer industrial sectors and exports. According to American Chemistry Council (ACC), global Chemicals Production Index 2006 for all the major regions have experienced growth with Asia Pacific registering the highest growth of 6.98% y/y. The Global Chemicals Industry Insight -2007 provides an overview of the industry as a whole. The report essentially covers the macro issues and gives a broad overview of the industry from the global perspective. It consists of industry overview, major markets associated with the sector, the major players driving the industry, regulatory aspects, mergers and acquisitions and future outlook. This report, however, does not cover pharmaceuticals. Major players in each segment have been profiled (total 13 companies are covered). This chapter on "Future Outlook" discusses the projected growth of the chemical industry for 2007.
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