Chemical Products

The industry experienced a sharp contraction in revenues in 2020, owing to the COVID-19 pandemic and the global economic downturn, hindering demand for chemical products in domestic and export markets. Imposed lockdown measures, a slump in demand and...

Fertilisers and nitrogen compounds producers witnessed a decline in revenues, as a result of the COVID-19 pandemic and lower fertiliser prices. According to the World Bank, the price of potassium chloride declined by 15% year-on-year in 2020, while ...

In 2020, Canadian basic chemical producers recorded a sharp contraction, due to the COVID-19 pandemic and subdued industrial B2B demand. Exports of chemical products stalled in the first half of 2020 due to global supply chain disruptions and imposed...

In 2020, the industry experienced a slight contraction, due to the ripple effects of the COVID-19 pandemic. Industrial chemicals segments, such as basic chemicals, plastic in primary forms and synthetic rubber, fared worst among the industry’s ...

The UK’s GDP slumped by 6% in March 2020, having been hit by COVID-19 social distancing measures, and the country’s chemicals producers, especially basic chemical companies, have faced declining domestic demand and supply disruptions. Moreover, crude...

In 2019, the Chinese plastics in primary forms and synthetic rubber sector saw slower revenue growth, owing to declining B2B purchases from the Chinese rubber and plastic sector, which was negatively affected by decreasing domestic demand from the ...

In 2019, US basic chemical producers recorded slowing revenue growth, owing to falling commodity prices and slower growth in industrial B2B demand. Moreover, in early 2020, following oversupply in oil products and disagreements among the OPEC+ ...

In 2019, following stable turnover growth in the previous year, the Italian household cleaning and personal care products sector recorded falling production growth, owing to decreasing domestic demand due to a deceleration in the country’s economy’s ...

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