A new report by SOCMA and Vault Consulting, the Specialty Chemicals Industry Census, has found that speciality chemical companies in the US “remain bullish despite the uncertain landscape”. Key findings include:
* About 93% of respondents expect an increase in revenue growth and 83% expect an increase in capacity in the next three years
* Over 67% have capital expansion plans in place.
* Markets driving revenue growth within the next three years include performance materials (81% of respondents), agrochemicals (49%) and APIs and excipients (47%)