Despite facing multiple macroeconomic headwinds of supply chain disruptions, rising raw material costs, and geopolitical issues, the chemical sector has remained resilient over the past year. Therefore, investors could benefit from fundamentally strong chemical stocks Mitsubishi Chemical Group Corporation (MTLHY), NewMarket Corporation (NEU), and ChromaDex Corporation (CDXC) with solid historical growth.
Thanks to the widespread use of chemicals across industries, and rapid innovations, the chemical industry is expanding. Moreover, with the industry playing a crucial role in tackling climate change, driving the urgency for change and optimization, it has a significant growth potential in the long term.
