The coronavirus (COVID-19) pandemic had a measurably negative impact on the stock price of specialty chemical companies worldwide in February and March 2020 when compared to January 2020.
The average stock decline of specialty chemicals companies with a medium-range revenue (between 500 million and five billion U.S. dollars in annual revenue) in February and March 2020 compared to January 2020 was 14 percent.
Specialty chemicals refers to chemicals that are sold based on their performance or functionality rather than on their composition. Some of the main companies in this industry include DSM, Clariant, Huntsman, and Ashland.
Impact of coronavirus (COVID-19) on stock price of specialty chemical companies worldwide from January to March 2020 by revenue category
(in percent)
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Average stock price decline
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PwC. (April 30, 2020). Impact of coronavirus (COVID-19) on stock price of specialty chemical companies worldwide from January to March 2020 by revenue category (in percent) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/497627/coronavirus-impact-on-specialty-chemical-companies-stock-price-by-revenue-class/
PwC. "Impact of coronavirus (COVID-19) on stock price of specialty chemical companies worldwide from January to March 2020 by revenue category (in percent)." Chart. April 30, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/497627/coronavirus-impact-on-specialty-chemical-companies-stock-price-by-revenue-class/
PwC. (2020). Impact of coronavirus (COVID-19) on stock price of specialty chemical companies worldwide from January to March 2020 by revenue category (in percent). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/497627/coronavirus-impact-on-specialty-chemical-companies-stock-price-by-revenue-class/
PwC. "Impact of Coronavirus (Covid-19) on Stock Price of Specialty Chemical Companies Worldwide from January to March 2020 by Revenue Category (in Percent)." Statista, Statista Inc., 30 Apr 2020, https://www.statista.com/statistics/497627/coronavirus-impact-on-specialty-chemical-companies-stock-price-by-revenue-class/
PwC, Impact of coronavirus (COVID-19) on stock price of specialty chemical companies worldwide from January to March 2020 by revenue category (in percent) Statista, https://www.statista.com/statistics/497627/coronavirus-impact-on-specialty-chemical-companies-stock-price-by-revenue-class/ (last visited August 25, 2024)
Impact of coronavirus (COVID-19) on stock price of specialty chemical companies worldwide from January to March 2020 by revenue category (in percent) [Graph], PwC, April 30, 2020. [Online]. Available: https://www.statista.com/statistics/497627/coronavirus-impact-on-specialty-chemical-companies-stock-price-by-revenue-class/