Volume 94 Issue 2 | p. 8
Issue Date: January 11, 2016

World Chemical Outlook

Forecast is for growth, but clouds loom in the form of China, Brazil, and Europe
By Business Department
Department: Business

Last year was a good one for the global chemistry enterprise. Business expanded in most regions, especially in the U.S., where chemical output increased a robust 3.8%. The 2016 forecast is for continued growth, thanks to low energy prices and healthy customers in industries such as pharmaceuticals and auto manufacturing. Yet executives see clouds in China’s slowing economy, turmoil in Brazil, and weakness in Europe. The economic winds are favorable for now, but they may not last.

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Credit: Yang H. Ku/CEN
Illustration of scientists in the sky
 
Credit: Yang H. Ku/CEN
 
Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

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