S&P Global Commodity Insights thoroughly examines the numerous macro- and micro-level elements that are expected to influence the global chemicals markets during the first half of 2024.
Despite the challenges of overcapacity and low demand in certain chemical sectors, market participants are closely monitoring the situation in China, where the property sector has been struggling and exports of many chemicals have soared in recent years.
Chemical producers in Europe are anticipated to encounter tough times ahead, but the bright spots for the global industry are India's positive economic growth outlook and the possibility of another strong year for gasoline blendstocks.
