At this point, it’s no secret that the pandemic hurt a wide variety of sectors and industries to various degrees. But while the story about retailers, manufacturers and the travel industry has been told a thousand times, a few stories have been ignored. One of the biggest ones could be the global chemicals industry.
Forming the basic ingredients to many products – both industrial and consumer – the chemicals industry basically imploded as the world stopped. With no one buying these ingredients to make their goods, the industry was hit hard throughout the last year.
However, these days, things are looking brighter for the group. With global growth rebounding, several firms bowing to activist pressures and profits starting to rise, the often-ignored chemicals industry could be an interesting play for dividend and growth seekers.
Check out our list of stocks, funds and ETFs from the chemicals industry here.
