Chemicals market will grow by 63%

Embattled UK chemical firms can take comfort from a report suggesting that the world chemicals market will grow 63% in real terms by 2010. In Main World Chemicals Markets by Geographic Area 1996-2010, the Chemical Industries Association (CIA) says the global chemical industry will recover from its slump to be worth $2,400bn (£1,472bn) by 2010.

Embattled UK chemical firms can take comfort from a report suggesting that the world chemicals market will grow 63% in real terms by 2010.

In Main World Chemicals Markets by Geographic Area 1996-2010, the Chemical Industries Association (CIA) says the global chemical industry will recover from its slump to be worth $2,400bn (£1,472bn) by 2010.