According to a new technical market research report, “Alternative Chemical Products and Processes”, from BCC Research, the U.S. market for alternative chemical products is expected to be worth $ 46.6 billion in 2008. This will increase to $ 94.8 billion in 2013, a compound annual growth rate (CAGR) of 15.3%. The market is broken down by end-use alternative chemical products and includes plastics, packaging, cleaning and detergent products, miscellaneous specialty chemicals and other chemical products. Miscellaneous specialty chemicals have the largest share of the U.S. market and are expected to be worth $ 17.3 billion in 2008 and $ 35.5 billion in 2013, for a CAGR of 15.5%.¹
¹Process Worldwide-04-2008
