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The American Chemistry Council estimated that global chemical sales in 2014 rose by 3.7% to US$5,389,000,000,000. [3] In 2018, Forty-eight of the companies on the list disclosed chemical profits, which totaled US$110,100,000,000, an increase of 1.3% from 2017. The average profit margin for chemical operations for these companies was 9.6%. [1]
The State posted a record growth of 7.02% at Constant Prices (2011–12) against the country’s growth of 7%. [2] [14] In 2014–15, the state ranked eighth in GSDP at current prices, which stood at ₹ 5,200.3 billion (US$60 billion). It recorded 12.03% growth compared to previous fiscal which was ₹ 4,641.84 billion (US$54 billion).
There have been several studies of the scale and complexity of this market for example in the USA. [ 1 ] [ 2 ] Commodity chemicals are a sub-sector of the chemical industry (other sub sectors are fine chemicals , specialty chemicals , inorganic chemicals , petrochemicals , pharmaceuticals , renewable energy (e.g. biofuels ) and materials (e.g ...
The growth is driven by changes in feedstock availability and price, labor and energy costs, differential rates of economic growth and environmental pressures. Just as companies emerge as the main producers of the chemical industry, we can also look on a more global scale at how industrialized countries rank, with regard to the billions of ...
Major topics include measurement of economic performance, national income and price determination, fiscal and monetary policy, and international economics and growth. AP Macroeconomics is frequently taught in conjunction with (and, in some cases, in the same year as) AP Microeconomics as part of a comprehensive AP Economics curriculum, although ...
The industry also has a track record of above-average growth. The fine chemical industry has a keen interest in the top-selling or "blockbuster drugs", i.e. those with worldwide annual sales in excess of $1 billion. Their number has increased steadily, from 27 in 1999 to 51 in 2001, 76 in 2003, and then levelled off.
The chemical industry of India is a major industry in the Indian economy and as of 2022, contributes 7% of the country's Gross Domestic Product . [1] India is the world's sixth largest producer of chemicals and the third largest in Asia, as of 2022. [2] The value of the Indian chemical industry was estimated at $100 billion dollars in 2019. [3]
The specialty chemical market is complex and each specialty chemicals business segment comprises many sub-segments, each with individualized product, market and competitive profiles. This has given rise to a wide range of business needs and opportunities, consequently there are a large number of speciality chemical companies around the world.