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The «» query returned 5 matches.

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  1. Electric vehicles market overview

    ... specialty chemicals. This year, the tables are turned; we are seeing a new trend forming before our very eyes, which will reshape the car market and, thus, the chemical industry in the not-too-distant future. The “Big Three” of Far East Asia (China, South Korea and Japan) have been acting as the trendsetters for the automotive industry for the past several years, being both the largest manufacturers and the largest consumers at the same time. According to the International Organisation of ...

  2. Special-Purpose Chemistry Trends

    ... in terms of growth (10%), such as the ones used to control the pandemic: sanitizers and disinfectants, chemicals used for manufacturing personal protective equipment, its transportation and packaging. It is notable that at the beginning of the year China’s impact on the global economy was negative but by the end of the year it became positive. Due to unprecedented drastic quarantine measures, by the time other countries started closing their borders and imposing restrictions of various degrees ...

  3. China to lead global propylene capacity

    China will contribute 48% to the global propylene capacity additions by 2030. “Global propylene consumption is expected to potentially increase from 129.8 mtpa in 2019 to 191.84 mtpa in 2030,” reports GlobalData. Its analysts believe that “China ...

  4. A jab for the economy

    ... and the pharmaceutical industry as a whole. Worrying about their health, people stocked up on all kinds of medicines, medical products and related goods. During the first wave of the pandemic, demand for large swathes of commodities fell. China saved the day by emerging from lockdown first and stepping up its economic activity, which was stimulated by the government through, for example, investment in infrastructure. This drove a growth in demand for hydrocarbons, metal ores and primary ...

  5. WEF: looking ahead

    ... negative trends in emerging market and developing economies. In this way, it may be possible to lay the foundations for subsequent economic recovery in the global economy as well. Over the past 20 years, emerging market and developing economies (excluding China) accounted for 30% of global GDP growth, with associated multiplier effects for all advanced economies. However, developed countries believe that they have shouldered the burden of trade liberalisation for far too long, and that developing countries ...