Chemicals are used in worldwide production, building, consumer goods manufacturing, and polymers. The coronavirus epidemic wreaked havoc on the sector, which is known for its cyclical nature. However, as the world prepares to reopen following the release of COVID-19 vaccines, a robust recovery is on the horizon. Revenues in the chemical business are predicted to increase by roughly 8% in 2021. Top chemical businesses will concentrate on areas such as healthcare, microelectronics, and sophisticated construction materials. According to Deloitte, 64% of chemical executives believe sophisticated chemicals will fuel most of the industry’s development.
Here is Insider Monkey’s list of the 10 best chemical stocks to buy according to Jonathan Barrett and Paul Segal’s Luminus Management. Ferro Corporation is a specialty materials manufacturer and marketer with operations in the United States, Europe, the Middle East, Africa, Asia Pacific, and Latin America. Appliances, electronics, automotive, industrial products, construction, healthcare, food and beverage, information technology, energy, and defense industries all employ the company’s products. Linde Plc is a North and South American industrial gas corporation with operations in Europe, the Middle East, Africa, and Asia Pacific. The company was formed in 1879 and is headquartered in Guildford, England. H.B. Fuller Company is ranked eighth. The company also announced revenue of $827.87 million, up 22.72 percent year over year and $63.51 million higher than expected. Atotech Limited is based in West Bromwich, United Kingdom, and was formed in 1851. The company’s products and technology serves the principal surface finishing end markets. Over the last six months, Atotech Limited has gained 9.99 percent, with a year-to-date gain of 25.25 percent. The Chemours Company is based in Wilmington, Delaware, and was created in 2014. The company brought in $1.66 billion in revenue, up 51.42 percent year over year and $125.78 million more than expected. For more details, click 10 Best Chemical Stocks To Buy According To Jonathan Barrett And Paul Segal’s Luminus Management.