Episode 991: Think Tank: Chemical markets plagued by low demand; focus on future bright spots

Poor demand continues to plague chemical markets around the world and with no sign of a second half recovery business leaders should focus on long-term opportunities for chemical companies. -          Negative outlook for demand across global chemical markets-          Cost of living crisis persists with high interest rates, inflation-          EU construction output forecast to fall in 2023-          Construction sector depressed in Europe, US-          Chemical markets hit by war, pandemic, financial crisis-          Future opportunities from new technologies such as electric vehicles-          China recovering relative to weak 2022, but can’t return to previous levels-          Demographics could help drive negative China growth-          Global oversupply of chemicals to reach record levels