Today: February 9, 2016, 11:37 pm
  
Finance

United States specialty chemicals market: $760 million industry in 2012

companiesandmarkets.com
companiesandmarkets.com
USA Specialty Chemicals 2012 - East Coast - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-13 19:05:01
The United States specialty chemicals market is one of the most significant manufacturing industries in the US and plays a critical role as an economic growth engine. The industry was valued at around $760 billion in 2012 and accounts for nearly 25% of GDP in the United States. Products derived from the specialty chemicals market make there way into almost all parts of the American economy; they account for over 12% of exports; and generate 1 in 5 US patents.

As the cornerstone of the economic future in the US, it is important to have policies that encourage solutions to the biggest challenges through innovation that drives economic growth, protects US jobs, and enhances the safety, health and quality of life. One of the US´s biggest challenges and highest priorities today is achieving greater energy security.

In one of the most exciting developments for the industry in decades, the US has seen incredible increases in supplies of natural gas from previously untapped shale deposits. These supplies help provide energy security but also create a competitive advantage for US petrochemical manufacturers, leading to greater US investment and growth.

It is estimated that a modest increase in natural gas supply from shale deposits would generate more than 400,000 new jobs in the United States, more than $132 billion in US economic output and $4.4 billion in new annual tax revenues.

The business of chemistry is at the heart of US manufacturing, and access to shale gas has the potential to dramatically boost America´s competitiveness and help meet the US´s goals for increased exports and new jobs. Right now the business of chemistry accounts for 12% of all US exports, making it the largest exporting sector in the US.

Report Scope

USA Specialty Chemicals 2012 tracks the changing industry of the East Coast, with exclusive interviews and guest articles from the industry´s leaders, alongside extensive coverage of these issues provided by GBR´s own on-the-ground journalists.

Click for report details: www.companiesandmarkets.com/Market/Chemicals/Market-Research/USA ..

Browse all Chemicals Market Research Reports www.companiesandmarkets.com/Market/Chemicals/Market-Research?aCo ..

Browse all Chemicals Company Profile Reports www.companiesandmarkets.com/Market/Chemicals/Company-Profile?aCo ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 524 Words
Related Articles
 
More From Finance
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Credit-Yogi.com Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.