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Plastics & Chemicals

Plastics & Chemicals

Since the majority of chemicals and plastics are derived from the “feedstocks” of petroleum or natural gas, fluctuations in those commodities have an immediate impact on the industry. Demand for plastics and chemicals is, in turn, dependent upon downstream manufacturing activity. Recently, the chemicals and plastics industries have been challenged by fluctuating input costs, the ongoing trade war between the U.S. and China, and uncertainty in the global economy. While chemicals and plastics output continues to increase, experts are wary of the impacts that the complex global economic and socio-political environment may have on the industries in the future.

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