The world is in the midst of a digital revolution. There’s also awakening towards environmental issues. Both these factors have created a slowdown in traditional industries like chemicals and materials. And now with governments also stepping into increase regulation, the numbers may slow down even further.
To the average investor, this looks like a bad place to invest but the truth is quite the opposite. If you look closely, the chemicals and materials industry has still shown positive growth, and its consistently getting better. Digitalization, environmental awareness, and government regulations are going to ensure an increase in quality in the industry. There will be a better quality of raw materials and manufacturing practices that will put the industry on the fast track of growth. There will also be fewer hindrances. Though it may show ridiculous growth numbers, the payout will be much bigger in the long run.
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