New Delhi, May 12 -- Even in the optimistic view the global chemical industry is expected to witness a gradual recovery in demand during 2025, according to a recent report by B&K Research.

The report highlights that while 2024 saw some improvement in volumes across segments, the overall performance was modest and companies remain cautiously optimistic about the year ahead.

It said "After a modest 2024 performance, Chemical companies' outlook for 2025 remains mixed, with some expressing concerns about demand recovery, while others remaining optimistic. Even with the optimistic view, demand growth is expected to be gradual".

The report said that global chemical, specialty chemical, and agrochemical companies reported their fourth quarter...