Between September 2020 and October 2020, there was a 0.4 percent decrease in the market volume of oilfield chemicals in the United States. Specialty chemicals are manufactured for specific purposes within a variety of industries, and differ from commodity chemicals in that they usually have only a few uses, while commodity chemicals often have many applications. The impact of COVID-19 on the U.S. specialty chemicals market has been substantial, with market volumes decreasing by four percent in this sector overall from February 2020 to March 2020, and by a record decline of 12.5 percent from March to April 2020. By October (as compared to September) 2020, the U.S. specialty chemicals' market volume increased by 1.2 percent.
Monthly market volume change in U.S. specialty chemical market between February 2020 and October 2020, by segment
Characteristic
February to March 2020
March to April 2020
April to May 2020
May to June 2020
June to July 2020
July to August 2020
August to September 2020
September to October 2020
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American Chemistry Council. (November 20, 2020). Monthly market volume change in U.S. specialty chemical market between February 2020 and October 2020, by segment [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1112503/us-specialty-chemical-market-volume-change-monthly/
American Chemistry Council. "Monthly market volume change in U.S. specialty chemical market between February 2020 and October 2020, by segment." Chart. November 20, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1112503/us-specialty-chemical-market-volume-change-monthly/
American Chemistry Council. (2020). Monthly market volume change in U.S. specialty chemical market between February 2020 and October 2020, by segment. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1112503/us-specialty-chemical-market-volume-change-monthly/
American Chemistry Council. "Monthly Market Volume Change in U.S. Specialty Chemical Market between February 2020 and October 2020, by Segment." Statista, Statista Inc., 20 Nov 2020, https://www.statista.com/statistics/1112503/us-specialty-chemical-market-volume-change-monthly/
American Chemistry Council, Monthly market volume change in U.S. specialty chemical market between February 2020 and October 2020, by segment Statista, https://www.statista.com/statistics/1112503/us-specialty-chemical-market-volume-change-monthly/ (last visited September 01, 2024)
Monthly market volume change in U.S. specialty chemical market between February 2020 and October 2020, by segment [Graph], American Chemistry Council, November 20, 2020. [Online]. Available: https://www.statista.com/statistics/1112503/us-specialty-chemical-market-volume-change-monthly/