Moving forward in the chemical industry
Rising standards of living and a growing middle class in emerging markets will drive ongoing strong demand for chemicals, as more end-users purchase appliances, consumer goods, automobiles, and other products that require the use of chemicals and plastics.
But to capitalize on the growth opportunities, the trend toward digital transformation has become an urgent need that will enable chemical companies to modernize their development, planning, and production processes.
As the chemical industry looks for ways to differentiate and excel in a fiercely competitive consolidated environment, leading companies will accelerate their digital transformations–via technology, processes, and people. The most successful companies may be those willing to take the most disruptive, challenge-the-conventional-industry-wisdom approaches to their business models.
To learn more about the trends defining today’s chemical industry, visit our webpage.