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IHS Chemical Week

Chemical Week Magazine :: Specialty Chemicals

Consumers, Demographics Drive Market Changes

7:25 AM MDT | May 11, 2012 | —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 O’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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