New Delhi, June 9 -- Recently released annual reports of several global chemical companies expect stress to continue in the chemical sector in 2025.
According to a report by PL Capital, Global chemical industry growth (excluding pharmaceuticals) is expected to slow to 3 per cent in 2025, down from 3.9 per cent in 2024.
Growth in China is also expected to decline to 4.2 per cent in 2025 from 6.8 per cent in 2024, though it is likely to remain ahead of other regions. China contributes 86 per cent of the global chemical production.
Outlook commentaries by leading companies also point to several headwinds facing the industry in 2025. High tariffs are expected to disrupt prices, supply chains, and overall market stability.
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