Global Industry Forecasts > Quarterly Industry Forecasts > Chemicals

A turbulent start to the year in financial markets has led to downgrades in our GDP and chemical forecasts. Meanwhile, declining global oil prices remain an important feature of the narrative, while healthy demand from key chemical consuming sectors will support output growth among the varying sub-sectors of chemicals ahead. Overall, we expect global chemical output to increase by 3¼% in 2016 and 4¼% in 2017, from 4% in 2015.