Despite facing headwinds of supply chain disruptions and geopolitical issues, the chemical sector has steadily recovered over the past year. Therefore, investors could look to buy fundamentally strong chemical stocks NewMarket Corporation (NEU), CSW Industrials, Inc. (CSWI), and ChromaDex Corporation (CDXC).
Speeding up innovation in the chemical industry arguably boosts advancements in numerous other sectors. For example, the sector plays a role in 96% of all manufactured goods, from lithium-ion batteries powering EVs to life-saving vaccines during a global pandemic. Moreover, the industry plays a crucial role in tackling climate change, driving the urgency for change and optimization.
