Global Specialty Chemicals - M&A Quarterly Market Report

The year 2020 was meant to be a year of transition for the chemical industry towards a recovery phase but then the COVID-19 pandemic disrupted it. The supply chain collapsed, production stopped, borders closed, and lengthy lockdowns led to a global economic slump.
Although the second wave of coronavirus is still in the picture, the introduction of the vaccines in the markets have raised hopes for a recovery on a global scale. However, the other challenges Chemical and Specialty Chemical Sector faced prior to the pandemic remain unchanged. Hence, 2021 will be a year of re-adjustments of company portfolios with business models being put to the test and adapted to the new environment.