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Expiring patents and global economic woes will take a toll

Outlook for an industry that touches 96 percent of all manufactured goods


The chemical industry, which touches 96 percent of all manufactured goods, is seeing some positive signs for 2012, although the overall outlook is not very rosy. Growing demand for chemicals used in agriculture, electronics, cars and airplanes will boost an industry that generates $674 billion in sales in the U.S. alone, but expiring patents and global economic woes will take a toll. These forecasts and others are in the cover story in the current issue of Chemical & Engineering News (C&EN), the weekly news magazine of the American Chemical Society, the world’s largest scientific society.
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