Title: Introduction to the Chemical Sector
Course: 2016FA-MCO-115-401 > Section: Module 12: Chemical

This video shows examples of the importance of the chemical sector and helps us to see why it is considered critical infrastructure.

VIDEO TEXT:

Introducing the Chemical Sector

5 Main Chemical Segments

- Basic Chemicals
- Specialty Chemicals
- Agriculture Chemicals
- Pharmaceuticals
- Consumer Products

The Chemical Sector is an $8.12 Billion Industry

The United States Chemical Industry provides over 15% of the world's chemicals

The chemical industry supports 25% of the United States GDP

Over 800,000 Americans are employed in the chemical sector

1 job in the chemical industry means 7.5 jobs elsewhere

More than 96% of all manufactured goods are directly touched by the chemical industry

In the long term, the US Chemical Sector is projected to grow faster than the overall United States economy

SOURCES: Department of Homeland Security, Bureau of Labor Statistics, American Chemistry Council

Watch this video on YouTube: Introduction to the Chemical Sector