- For Experts
With a growth rate of 3.8%, chemical company sales kept up with global GDP growth between 2015 and 2019, but most chemical companies can still expect a future of slowed sales growth. This is especially true of those who serve North American and European markets, where end-consumers are eschewing products with a high chemical content due to health and environmental concerns. The chemical industry currently lags behind averages for shareholder returns – only the auto industry performs worse. So how will chemical companies keep up with the times? Andreas Gocke, Marcus Morawietz and Udo Jung offer some tips in this special report from the Boston Consulting Group.
About the Authors
Andreas Gocke, Marcus Morawietz and Udo Jung are professionals with the Boston Consulting Group.
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