Experts Remain Watchful About Chemical Industry Momentum

April 17, 2017
Several factors could dampen industry growth.

Strength across automotive and construction sectors, strategic growth measures and investment on capacity expansion point to growth for the chemical industry, according to an article from Zacks. Despite this momentum, however, there are still reasons to be watchful in the near-term.

Among these factors, according to the article, are continued worries about a slowdown in China and sluggishness in some European economies along with uncertainties around Brexit and Trump’s trade policies. Other potential areas for concern reportedly include a still challenging agrichemical space, subdued demand in the energy sector and commodity pricing.

Read the entire analysis here.

Sponsored Recommendations

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.
Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...
See how Rosemount™ 625IR Fixed Gas Detector helps keep workers safe with ultra-fast response times to detect hydrocarbon gases before they can create dangerous situations.
The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.