Challenges of Oversupply in the Chemical Industry

Exploring the impact of oversupply in the chemical industry in 2024, this chapter discusses the struggles faced by producers in balancing supply and demand, particularly in segments like polyethylene and polyvinyl chloride. It highlights the global industry's flat growth trend, the need for rationalization to rebalance the market, and the disparities in position between regions like the US, Europe, and Asia in handling the oversupply challenges.