Within the materials sector, several businesses have continued to push the boundaries and drive the industry forward. However, with this comes the question of which of these companies should you be investing in this month that will prove profitable? In this article, we will be providing you with four industries you may not have known were in the materials sector that could make great investments.
International Paper
As one of the biggest producers of Paper and packaging products in the world at this time, this is one of the fastest-growing materials sector investment options within the materials sector as of December 2020. This is a worthwhile investment within this industry as the need for sustainable packaging increases. AS this continues to expand, the brand International Paper is set to be at the forefront of innovation within paper production as well as being a leader in packaging production.
Huntsman Corp
Another company that has been revolutionising the materials sector in 2020 is Huntsman Corp. They are the leading producers of dye as well as do it yourself adhesives. This is set to be a huge development within the industry and is more than worthwhile investment as they are set to be expanding their business into material production throughout 2021. This will not only see an increase in stock value, but it is a market that will be expanding in the near future allowing you to make a profitable long-term investment during this ongoing time of continued uncertainty within the stock market.
The Scotts Miracle-Gro Company
This company is one of may in 2020 that has seen a huge jump in their stock as more and more people have taken up gardening throughout lockdowns across the UK. This means that The Scotts Miracle-Gro Company has become one of the leading companies in material creations. With sustainability at the heart of what they do and the products that they create, this is a worthwhile investment within the materials sector. The company provides lawn services around Europe, the U.S and North America making it one of the leading industries in the market at this time.
Steel Dynamics
The final investment within the materials sector that is worthwhile is Steel Dynamics. As one of the biggest steel producers in the United States, they are leading the charge when it comes to the production of materials across the globe. With the sheer amount of material that is being produced and the market rapidly expanding, this is becoming one of the biggest markets to invest in throughout 2020. With the rapid expansion in this year, this is one of the best investments that we can recommend on the market in 2020 despite the volatility of the market at this time.
With this in mind, there are several investments that you begin to make as we head into 2020 that will prove profitable over time as the industry continues to expand over the next few years. Which of these will you be investing in?