Industrial Market Outlook in Review: Cheap Natural Gas Spurs High Hopes for U.S. Chemical Industry

SUGAR LAND--February 5, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Trey Hamblet, Industrial Info's Vice President of Research for Chemical Processing, told attendees at the company's most recent Industrial Market Outlook that few U.S. industries are benefiting from low commodity prices as much as the Chemical Processing Industry. Spending on construction starts in the industry has risen each year for the past half-decade--and this trend is expected to continue through 2016, when a stunning $58.5 billion worth of projects are proposed to kick off. But, as Hamblet warned, these things rarely go according to plan.

Within this article: Details from Hamblet's presentation about the U.S. Chemical Processing Industry in 2015 and beyond, with information on the booming ethylene market, strengthening demand for exports, the ammonia market, and increased maintenance activity.