Investors generally assess the economic and financial prospects of the Sector first before finalizing the industry analysis for any investment-related decision.

For example, under the Chemicals as a sector if one wants to invest then an investor needs to find out whether Agrochem or Specialty chemical or dyes and pigments or Industrial Chemical Industry is a better investment bet.

An Industry is defined as a portion of the Sector where a more specific group of businesses is defined.

So, let us understand sector analysis and industry analysis.