Market Analysis - Industrial Chemistry 2020
Chemistry Conferences: The global market analysis for chemicals and water treatment should reach $38.2 billion by 2021 from $28.5 billion in 2019 at a compound annual growth rate (CAGR) of 6.1%, from 2017 to 2021.
In 2019 market analysis for alternative U.S chemical end-use product market is expected to increase from $149.9 billion to an estimated $345.6 billion by 2021. In 2026 it should reach $884.1 billion, with a compound annual growth rate of 19.4% for the period of 2019-2026.
USA Industrial Chemistry: U.S. chemistry output is expected to rise 1.6% in 2019 and 3.7% in 2020. Chemical production will continue to grow across over all United States of America during 2019. In next five years, growth will occur in the Gulf Coast region, followed by the Ohio Valley. American chemistry revenues will more than $1.0 trillion by 2020.
USA chemical production-excluding production of the pharmaceuticals segment, which is expected to contract this year-will expand 2.7% this year, in 2017 4.1% and in 2018 5.0%. Including pharmaceuticals, the chemical industry will expand this year at a slightly lower 1.6%. In 2019 growth in production volumes will accelerate and the industry will expand 3.7% and In 2018 by another 4.5%. Capacity utilization is expected to tighten to 73.5% in 2018 and further to 73.3% in 2019.
Effects of renewed competitiveness from shale gas is experienced by U.S. basic chemicals, inorganic chemicals, petrochemicals, resins, synthetic rubber, Plastic, and manufactured fibres. Basic chemicals production is anticipated to grow 3.1% in 2019 and 4.9% in 2020. Production volume growth will exceed 5.0% per year during 2019 and 2020 by new capacity coming, followed by smaller gains in 2021 and 2022. Basic major role in expanding production play by chemicals, led by petrochemicals and organics as well as plastic resins. There will be strength in the production of inorganic chemicals, synthetic rubbers and manufactured fibres as well. In the specialties chemicals segment, production will pick up by 1.5% in 2019, after contracting last year, and grow further by 3.4% in 2020.
USA Water Treatment: This statistic represents the revenue of the water utility industry in the United States between 2000 and 2010. In 2000, this particular industry generated revenue of approximately 29.9 billion U.S. dollars. Water is a prerequisite for economic development. Water as a resource for production focuses on the economic value of the natural resource water. Different types of industries demand different quantities of water resources, and produce and dispose of different kinds of wastewater. Agriculture uses 69% of the world's water withdrawal - including irrigation, livestock watering and cleaning, and aquaculture. The production of energy also requires water in processes such as thermal power plant cooling systems or lowering the water table for raw materials extraction.
FAO reports that global water withdrawal increased from 600 km3/year in 1900 to almost 4,000 km3/year in 2010. According to the OECD "Environmental Outlook to 2050", global demand for water is projected to increase by 55% between 2000 and 2050, mainly driven by a 400% increase in demand from the manufacturing sector. Proper water management for
production purposes is getting more and more important as the manufacturing sector is just one of many stakeholders dependent on this natural resource. The report explores the main policy responses governments should consider to address the challenges of increased water demand.
Jobs: Chemical industry adding jobs in the industry’s expansion continues to reverse a falling trend in employment. In 2016 0.8% growth was expected in the chemical industry employment. This trend is in contrast to continuous decline in employment from 1999 to 2011. Because chemical industry workers are among the highest paid in the manufacturing sector, growing payrolls will strengthen local economies.
Chemical industry capital spending in the U.S. surged 12.1% in 2014 and gained 21.0% in 2015, reaching $43.58 billion. During 2015, chemistry accounted for one-half of total construction spending by the manufacturing sector. Despite the hindrance of slow global growth, uncertainty and U.S. tax policies that discourage business investment, these strong gains in capital spending for American chemistry are expected to continue. U.S. chemical industry capital spending will increase by 10.4% this year; 7.8% in 2017; 7.2% in 2017; and the year-over-year gains will remain above 6.0% until 2020.
Expansions will continue and investments to improve operating efficiencies will play a role as well. By 2021, Chemical industry will reach $65 billion by U.S. capital spending—more than triple the level of spending at the start of this prolonged cycle in 2010.
Capital spending for bulk petrochemical and for organic intermediates, along with spending for plastic resins, will advance from less than 29% of the total to 52% in 2021.
By rising 2% to $132 billion, the trade excess in chemicals (excluding pharmaceuticals) will grow to $36 billion in this year 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 & Water Conferences- On behalf of Industrial Chemistry organizing committee, we warmly welcome analytical expertise researchers, professors, scientific communities, delegates, students, business professionals and executives to attend "21st International Conference on Industrial Chemistry and Aqua Technology” which is to be held during November 23-24, 2020 at London, UK.
Industrial Chemistry 2020 is an international platform for presenting research about chemistry and related fields thus contributes to the dissemination of knowledge for the benefit of both the academia, chemical and water treatment business. This event brings together the top professionals in the chemistry and chemical engineering field along with the highly affiliated professors to explore the advancements and latest applications achieved in the field of Industrial chemistry, Water Treatment technology and reverse osmosis membrane technology. Industrial Chemistry 2020 discusses various fields of chemistry employed in Petroleum and Organic Industrial Chemistry, Industrial Polymers, Metals and Composites Chemistry, Industrial Processes, White biotechnology and Green Chemistry, Metallurgy and
Material Science in Industrial Chemistry, Applied chemistry, Industrial Photo Chemistry, Pharmaceutical Chemistry, Clean water technology, Water Solutions and Strategies in chemical Industry, Reverse Osmosis and Nano filtration, Domestic Water Treatment, Desalination, Ultrapure Water Production, Industrial Water and Waste Water treatment, Boiler Water Treatment and Cooling Water Treatment, Applied Membranes and Nano membrane technology and chemical science fields which mark the support for the advanced and much needed research by their study on various topics. The scientific program will focus on current advances in the research in water treatment and use of chemistry and related with particular focus on its roles and applications in various fields and industries.
In the light of this theme, the Conference Series LLC Ltd aims to provide a forum for International Chemistry researchers from various areas of chemistry, pharmacy, water technologies and life science by providing a platform for critical analysis of new data, and to share latest cutting-edge research findings and results about all aspects of Industrial chemistry. Chemistry conferences provide a platform to detail the research work of expertise from various scientific backgrounds and the same can be perceived by young researchers and students.