01.04.18
The Specialty Chemicals Market Volume Index fell 0.3% in September, reflecting the lingering effects of Hurricane Harvey on market volumes. The decline follows a virtually flat performance in August. All data are reported on a three-month moving average (3MMA) basis, according to The American Chemistry Council (ACC), which releases the index.
Of the 28 specialty chemical segments monitored, 18 expanded in September while seven markets declined and three remained stable. Markets showing largest gains included cosmetic chemicals, electronic chemicals, and flavors and fragrances. Muting the overall index, large declines were observed in the catalysts, lubricants and plastic compounding markets.
The overall specialty chemicals volume index rose 4.1% on a year-over-year (Y/Y) 3MMA basis.
Of the 28 specialty chemical segments monitored, 18 expanded in September while seven markets declined and three remained stable. Markets showing largest gains included cosmetic chemicals, electronic chemicals, and flavors and fragrances. Muting the overall index, large declines were observed in the catalysts, lubricants and plastic compounding markets.
The overall specialty chemicals volume index rose 4.1% on a year-over-year (Y/Y) 3MMA basis.
