The chemical sector is an integral part of Argentina’s economy, with above average growth rates in comparison to other sectors, at 10.5% average annual growth from 2007 to 2011, making it the most dynamic sector in the country’s economy. In 2010, the sale of chemical products in Argentina totaled $25.4 billion, with the industry exporting $5.85 billion worth of chemical products in the same year making it the second largest market in South America. According to data from Argentina’s Chamber of the Chemical and Petrochemical industries (CIQyP), basic chemical substances and products contributed 24.8% of the industry’s production value, while agrochemicals contributed 13.0%, specialty chemicals contributed 15.1% and end-use chemical products such as pharmaceuticals, paints and coatings, cosmetics and hygiene products contributed the remaining 47.1%. Despite these seemingly positive findings from CIQyP, there is an air of uncertainty and concern that pervades the industry. While the private players have built solid foundations and display impressive innovation and growth, in line with the rising GDP, a question mark hangs over the government’s efforts to provide a competitive business environment.