4 Trends Disrupting The Chemicals Industry

STEFAN GUERTZGEN | August 22, 2018

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The Chinese zodiac calendar says it’s the Year of the Dog, but in the chemicals industry, 2018 might be more appropriately dubbed the Year of the Tiger for the pace at which the business is changing its stripes. This year we’ve seen a continued shift in supply centers due to the rise of shale gas in the United States and the move from coal to olefins in China, for example. Demand centers are shifting, too, due to a rapidly growing middle class in such places as the Asia Pacific region and Latin America. The accelerated globalization of the chemicals market is one of four major trends that we see shaping the chemical industry through the remainder of 2018 and beyond.

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