Of the 28 specialty chemical segments ACC monitors, 25 expanded in December, no markets experienced decline and three were stable. During December, large market volume gains (1.0% and over) occurred in catalysts, electronic chemicals, lubricant additives, mining chemicals, oilfield chemicals, plastic additives, plasticizers and plastic compounding.
The overall specialty chemicals volume index was up 5.6% on a year-over-year (Y/Y) 3MMA basis. The index stood at 111.6% of its average 2012 levels. This is equivalent to 7.69 billion pounds (3.49 million metric tons). On a Y/Y basis, there were gains among 24 market and functional specialty chemical segments. Compared to last year, volumes were down in only four segments.