The North America commodity chemicals market is estimated to be valued at USD 60.49 Bn in 2025 and is expected to reach USD 88.05 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.5% from 2025 to 2032.
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The market growth is driven by growth in key end-use Industry industries such as construction, automotive, healthcare, and consumer goods. Increased spending on infrastructure development along with industrialization is further augmenting demand for commodity chemicals.
Growth in end-use industries coupled with rising per capita income will boost the consumption of commodity chemicals in the region. However, stringent environmental regulations regarding chemical manufacturing may slightly impact the market growth during the analysis years.
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