Episode 1411: Think Tank: Use scenario planning to estimate China's future impact on chemicals
Update: 2025-11-26
Description
China has a huge impact on the global chemical industry in terms of supply and demand so analysis of future demographic and economic trends is important for business leaders. - Huge variation in forecasts for changes in population- Chemicals demand growth scenario planning is vital- Must take into account China’s success in technology and exports- Demand boost if export earnings are funnelled back into pension and healthcare reforms- ICIS base case 2025-2050 sees 2% polyolefins demand growth per annum, down from 10% between 1992 and 2024- More container traffic may return to the Suez Canal if ceasefire holds
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