Specialty Chemical Market Grows During End of Second Quarter

August 8, 2018

The American Chemistry Council (ACC) recently released its second quarter specialty chemical report, highlighting a 0.4 percent gain in June, following a 0.4 percent gain in May and a 1.0 percent gain in April.

The ACC data tracks the production volumes and trends for the specialty chemical markets, including biocides, corrosion inhibitors, and lubricant additives.

Specialty chemical volumes are up 4.8 percent on a year-over-year, three-month moving average (MMA) -- the equivalent of nearly 7.7 billion pounds of products.

Overall, data are collected for 28 substances and the report shows: