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Episode 583: Pandemic has broken link to GDP for chemicals demand, new models required
ICIS - chemical podcasts
English - April 13, 2021 00:00 - 24 minutes - 33.4 MBBusiness chemicals prices business polymer trade Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Post-pandemic patterns of chemicals demand will break the traditional link to GDP, meaning new models are needed to measure and analyse market trends.
- Post-pandemic demand patterns will vary between mature, emerging economies
- Questions over future demand growth for durable goods, packaging
- Demand has completely broken link to GDP
- Sustainability, geopolitics, demographics will impact demand
- Europe chemicals growth could be driven by sustainability
- China self-sufficiency could alter global chemicals supply picture radically
- US consumers are cautious, in save not spend mode
- Industry must boost customer contact to realise opportunities
- Demographics may be a drag on the US economy