{"product_id":"industry-global-industry-forecasts-chemicals","title":"Industry - Global Industry Forecasts - Chemicals","description":"\u003cp\u003eIndustry - Global Industry Forecasts - Chemicals\u003c\/p\u003e\n\n\u003cp\u003eMeagre global demand for chemical output will ensure that the production recovery will be gradual. Global sectoral production will be flat this year, before gathering momentum with 3.1% and 4.4% growth in 2024 and 2025. The chemical industry was amongst the worst impacted by the energy crisis. Output is heavily reliant on oil and gas as feedstock and requires energy-intensive manufacturing processes. Whilst energy prices have fallen sharply, we do not expect sectoral production to pick up meaningfully until H2 2024. Demand will be insufficient to support strong growth.\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"September, 2023 \/ 28 Pages \/ MCW16213897","offer_id":47616274202930,"sku":null,"price":1140.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/industry-global-industry-forecasts-chemicals","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}