This post was originally published on this site
The United States chemical industry is expected to experience a comeback in 2022, driven by the strong economic recovery and the easing of the pandemic restrictions. U.S. chemical volumes are expected to grow 3% in 2022, with chemical shipping increasing 8% in 2021 and 2022. Given this backdrop, we think fundamentally sound chemical stocks Linde plc (LIN) and Westlake Chemical Corporation (NYSE:WLK) could be solid bets now.
However, supply chain worries and inflationary effects are taking a heavy toll on chemical firms. So, we think fundamentally bleak stocks Air Products and Chemicals, Inc. (APD) and Albemarle Corporation (ALB) are better avoided now.
