Market Analysis - Chemistry 2017
Conference Series LLC proudly announces the “3rd World Chemistry Conference” during September 11-12, 2017 in Dallas, USA. This includes prompt keynote presentations, Oral talks, Poster presentations and Exhibitions.
Chemistry volumes continue to rise in the U.S. and chemical market expected to contract this year—As a result, chemical industry capital spending in the U.S. surged 12.1% in 2014 and gained 21.0% in 2015, reaching $43.58 billion and accounting for more than one-half of total construction spending by the manufacturing sector. The association representing US-based chemical producers said that US chemical production (excluding pharmaceuticals) is expected to realize overall growth of 1.6% in 2016, followed by 4.1% growth next year, and 5.0% in 2018. Average annual gains of over 8% per year in U.S. Chemical industry capital spending are expected through 2018 with only a minor slowdown in subsequent growth expected. By 2021, ACC expects capital spending to reach $70 billion, contributing to four consecutive years of job growth in the industry. American chemistry revenues will exceed $1.0 trillion by 2020. Chemistry Council stated that more than 275 new chemical production projects had been announced since 2010 with a total value of more than $170 billion, with a full 49% already complete or under construction; 61% of these are foreign direct investment. By 2021, U.S. capital spending by the chemical industry will reach $65 billion—more than triple the level of spending at the start of this prolonged cycle in 2010. The trade surplus in chemicals (excluding pharmaceuticals) will grow to $36 billion this year as exports rise by 2% to $132 billion and imports hold steady at $96 billion. Two-way trade between the U.S. and its foreign partners will reach $227 billion this year and will grow steadily over the coming years.
Chemistry Conferences is a global platform to discuss and learn about Organic Chemistry, Inorganic Chemistry, Analytical Chemistry, Materials Chemistry and Green Chemistry: Green chemical principles, Medical Biochemistry, Physical Chemistry, Biological Chemistry, Theoretical Chemistry. Chemistry Meeting would discuss various topics related to Biochemistry, Petroleum and Petrochemicals, Nuclear chemistry, Polymer chemistry, Pharmacognosy & Phytochemistry, Stereochemistry, Clinical chemistry, Medicinal & pharmaceutical chemistry, Industrial chemistry and Environmental Chemistry. Conferenceseries LLC has taken the initiation to gather the world class experts both from academic and industry in a common platform at Chemistry Conferences.