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Chemical Week Magazine :: Specialty Chemicals
Consumers, Demographics Drive Market Changes
7:25 AM MDT | May 11, 2012 | â€”Vincent Valk
Chemical makers serving the personal care market are trying to keep pace with middle-class growth in developing regions, and shifting demographics and consumer preferences in developed ones. Growing middle classes mean more disposable income and consumer demand, says Ashland CEO James Oâ€™Brien. Demand should grow even as economic growth moderates, according to Ashland, because it is driven by consumer spending, rather than infrastructure or construction spending. Pavlichko: Global regulations a priority...
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