Deutsche Bank’s latest report predicts that the US chemical industry will show modest growth momentum in 2012 and is expected to increase by 4.5% from 2011. Exports to emerging markets such as Asia and Latin America will compensate for the weakness in the European market. In addition, the growth rate of US GDP in 2012 is expected to be 2.5%, which will support domestic demand for chemicals to some extent. Deutsche Bank expects to see mixed performance in the world's major chemical terminal markets in 2012. The global automobile production is expected to increase by 4% to 6%. The growth in China and other emerging markets will compensate for the weakness in the European market. In 2012, the United States is expected to produce 13 million light-duty vehicles, which is the same as in 2011, while the European automobile production is expected to decline by 2.4%. . The construction market will remain weak. With the construction of the Billings Index still weak, Deutsche Bank expects that there will be no real recovery in demand for construction-related chemicals before the end of 2012 or early 2013. There will be some growth in electronics, solar energy and agriculture. Destocking will lead to a decline in demand for electronic chemicals, but it will start to improve in the second half of 2012. Deutsche Bank predicts that the growth range of the electronic chemicals market in 2012 will be 0 to 5%. The growth will come from smartphones and tablet computers. Solar energy installed capacity will increase by 12% in 2012 after experiencing rapid growth in previous years and a downturn in 2011. The fundamentals of agriculture will remain normal, and food prices should remain high. Deutsche Bank also forecast that the global GDP growth rate in 2012 will be 3.2%, of which China is 8.3%, India 7.3% and Japan 0.5%, while the Eurozone GDP will decline by 0.5%. Powerful CNC Engraving Machine Powerful Cnc Engraving Machine,Automatic Powerful Cnc Engraving Machine,Precision Powerful Cnc Engraving Machine,Metal Powerful Cnc Engraving Machine WEISS MACHINERY CO., LTD. , https://www.weissmachinerys.com