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Chemical Trends H1 2024: China property sector, India economy in focus amid low demand

S&P Global Commodity Insights takes a deep dive into the many macro- and micro-level factors that are likely to impact the global chemicals markets in the first half of 2024.While the challenges of overcapacity and low demand still linger for some chemicals, market participants are keeping a close eye on developments in China, where the property sector has been struggling and exports of many chemicals have soared in recent years.Chemical producers in Europe are expected to face 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.

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PETROCHEMICALS
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What's in store for specialty chemicals?

Jennifer Abril, president and CEO of Socma, the US trade association for specialty and custom chemical makers, joins the podcast to discuss how the year is looking for companies in the sector. Topics include a topsy-turvy 2023, the likely end of destocking, interest in AI, and Socma's advocacy agenda for 2024.This episode was recorded live at the Socma Show 2024 in Nashville, Tenn. on February 20.If you enjoyed this episode, we think you'll get a lot out of the 2024 World Petrochemical Conference. Register here: https://bit.ly/WPC2024podThe Chemical Week podcast is the industry’s premier platform for wide-ranging discussion of issues impacting the global chemicals sector, hosted by the editors of Chemical Week and S&P Global Commodity Insights. Subscribe to the Chemical Week podcast on your favorite platform, or visit chemweek.com/podcast to view our episode archive.

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