Industrial Chemical Industry Performance Snapshot Q2 / First Half 2019

  • Shipments of industrial chemicals increased 1.1% in the first half of 2019 compared to the first half of 2018. Petrochemicals was the only sub-sector to show a decline in shipments year over year, while other sub-sectors rose between 4.4%-6.1%. Industrial gas shipments increased dramatically by 26.9% year over year.
  • Exports for industrial chemicals declined 1.6% in the first half of 2019 compared to 2018. Increased exports from Inorganic Chemicals and industrial gases were not enough to offset declines in petrochemicals and organic chemicals.
  • Industrial Chemical GDP grew 2.4% in Q2 erasing the decline seen in Q1. Rail car shipments of industrial chemicals fell 1% in Q2 from Q1 2019.