fmiFebruary 25, 2021
Impact of COVID-19 on Chemicals & Materials Industry
COVID-19 pandemic has caused severe impact on the global economy at various levels and the impact is seen on Chemicals & Materials market as well. The market growth declined drastically during the lockdown when the manufacturing units experienced shutdowns and a dearth in raw materials supply and absence of human resources Owing to the ongoing crisis caused by the pandemic, the production, and supply chain activities have seen a minor slump. However, the market is likely to set on a path of regaining as the economy starts to stabilize.
Future Market Insights has adopted multi-disciplinary approach to shed light on the advancement of the Hydro-processing Catalysts Market during the recorded period. The study presents a profound plunge into the current growth dynamics and their major avenues in the estimation year of 2020, with key prospects over the forecast period 2021 to 2031.