The combined chemical, petrochemical and refining markets make up one of the largest industry segments in the world at over $800 Billion.
Chemical industry growth continues to be driven by abundant, long term and inexpensive supplies of natural gas and oil from shale and other sources, and there continues to be increased capital investment in plants and refineries, site expansions and process improvements across the U.S. and around the world.
In fact, according to the American Chemistry Council, U.S. chemical production will continue to expand over the next several years, and will ultimately see longer-term growth as new investments in the chemical industry continue.
From a market perspective, that’s a sizable opportunity for any vendor. And Chemical Processing’s ultimate role in the chemical community is to connect global decision makers (our audience) with vendors who can help these decision makers optimize their operations, reduce costs, improve equipment efficiency & reliability, automate processes, improve energy efficiency, better manage their assets, all while complying with air, water and safety regulations.
From a thought leadership perspective, vendors have a real opportunity to influence and lead the discussion on these and other important issues impacting the chemical, petrochemical and refining industries. Whether that’s through print advertising, an online presence or with various content marketing/lead generation and research solutions, you need to be there and engage with the chemical community.
In this highly competitive world, sitting on the sidelines is not an option.