03.12.2024 - By ICIS - chemical podcasts
Stock markets around the world are surpassing previous highs while the chemical industry continues to be bogged down by low demand, poor profitability and rising overcapacity. - Chemicals supply/demand imbalance will persist even if economy picks up- China, Middle East will continue to add capacity- China chemicals demand growth could be low or even negative- Stock markets dominated by technology companies- Valuations bloated by past era of cheap borrowing- Stock market bubble could burst - More trade barriers likely to protect European industry- Demographics will continue to drag on GDP growth