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During the same year, 2020, the commodity chemical was the most lucrative segment with 50.2% of the market’s overall value. The industry has witnessed high levels of M&A activity in recent years- a trend that is expected to continue. Globally, growth in the chemicals industry benefits from more construction and consumption in faster-growing economies of Brazil, Asia, and India. In 2021, the global chemical production (excluding pharmaceuticals) grew 6.1% and for 2022 it is expected to grow by 3.5% which still above the average for the years prior to the coronavirus pandemic.
Geo Strategy Partners understands the dynamics of the chemical industry and serves clients in this sector with customized research and analysis, strategy consulting, and M&A support.
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