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StockNews.com
StockNews.com
Business
Rashmi Kumari

3 Chemical Stock Buys Under $20

Chemical Brenntag SE Japan

The chemical sector is well-positioned for long-term growth thanks to the high demand for specialty chemicals and the integration of digital technology. So, quality chemical stocks Brenntag SE (BNTGY), Shin-Etsu Chemical Co., Ltd. (SHECY), and Toray Industries, Inc. (TRYIY) could be worth buying. These stocks are currently trading under $20.

The global chemicals market is expected to be worth $7.06 trillion by 2027, with a CAGR of 7.3%. The growth can be attributed to rising demand in areas such as pharmaceuticals, agriculture, and manufacturing. Also, technological and innovative improvements are driving the creation of new chemical products and solutions, which is fuelling market expansion.

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