Outlook for an Industry That Touches 96 Percent of All Manufactured Goods
Wednesday, January 11, 2012 - 15:00
in Physics & Chemistry
The chemical industry, which touches 96 percent of all manufactured goods, is seeing some positive signs for 2012, although the overall outlook is not very rosy. Growing demand for chemicals used in agriculture, electronics, cars and airplanes will boost an industry that generates $674 billion in sales in the U.S. alone, but expiring patents and global economic woes will take a toll.