In 2022, the global chemical industry experienced substantial growth in various sectors. The specialty chemicals sector was particularly notable, boasting an impressive 6.2 percent increase. In 2023, although some sectors maintained their growth momentum, other sectors experienced negative growth. For example, the organics segment experiencing a decline of 1.3 percent. In 2024 all sectors are forecast to experience growth, with inorganic chemicals exhibiting the largest anticipated growth of 3.3 percent that year.
Annual production growth in the chemical industry worldwide in 2022 and 2023, with a forecast for 2024, by segment
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American Chemistry Council. (November 27, 2023). Annual production growth in the chemical industry worldwide in 2022 and 2023, with a forecast for 2024, by segment [Graph]. In Statista. Retrieved April 27, 2024, from https://www.statista.com/statistics/1445558/annual-growth-in-chemical-industry-worldwide-by-segment/
American Chemistry Council. "Annual production growth in the chemical industry worldwide in 2022 and 2023, with a forecast for 2024, by segment." Chart. November 27, 2023. Statista. Accessed April 27, 2024. https://www.statista.com/statistics/1445558/annual-growth-in-chemical-industry-worldwide-by-segment/
American Chemistry Council. (2023). Annual production growth in the chemical industry worldwide in 2022 and 2023, with a forecast for 2024, by segment. Statista. Statista Inc.. Accessed: April 27, 2024. https://www.statista.com/statistics/1445558/annual-growth-in-chemical-industry-worldwide-by-segment/
American Chemistry Council. "Annual Production Growth in The Chemical Industry Worldwide in 2022 and 2023, with a Forecast for 2024, by Segment." Statista, Statista Inc., 27 Nov 2023, https://www.statista.com/statistics/1445558/annual-growth-in-chemical-industry-worldwide-by-segment/
American Chemistry Council, Annual production growth in the chemical industry worldwide in 2022 and 2023, with a forecast for 2024, by segment Statista, https://www.statista.com/statistics/1445558/annual-growth-in-chemical-industry-worldwide-by-segment/ (last visited April 27, 2024)
Annual production growth in the chemical industry worldwide in 2022 and 2023, with a forecast for 2024, by segment [Graph], American Chemistry Council, November 27, 2023. [Online]. Available: https://www.statista.com/statistics/1445558/annual-growth-in-chemical-industry-worldwide-by-segment/