The chemical industry plays a crucial part in diverse applications across several end-use industries. Given the industry’s steady growth prospects, investors could buy chemical stocks Hawkins, Inc. (HWKN), Orion S.A. (OEC), and Oil-Dri Corporation of America (ODC).
The U.S. chemical industry is a $486 billion enterprise that is responsible for more than a quarter of the U.S. GDP. The industry supports the production of almost all commercial and household goods and is essential to economic growth. The US chemical industry is the world’s second-largest chemical producer, and 13% of the world’s chemicals come from the US.
