Chemicals industry roundup 2025

Construction equipment

Source: © Dhiraj Singh/Bloomberg/Getty Images

Europe hit hard by China’s independence push, but India is growing

2025 has been a year of uncertainty for the chemical industry. At the beginning of the year, companies were nervously anticipating the arrival of US president Donald Trump’s tariffs in April, but a year on, the situation regarding tariffs continues to change and still the daily uncertainty remains, with significant impacts on supply chains.