Sector snapshot H1 2024: specialty chemicals
Our industrials sector co-head Tom McCarthy recently took a look at the specialty chemicals sector.
Transaction activity during the first half of 2024 reached a total of 136 deals, marking a 14% decline compared to the second half-year period of 2023, but in line with the long-term average of 138 deals per half year. He also notes, among market’s valuation trends and drivers, a long-term optimism within the sector, as many research companies forecast CAGR of ~5% through the 2020’s. There are some early signs of improving conditions as we move into the second half of 2024.
Read the full report here:
