Smart Systems, Asset Performance Management and Digital Innovation in the Chemical Industry

The chemicals industry encompasses a wide range of companies that develop and supply the inputs that other manufacturers incorporate into their products. The impact of chemical manufacturers on the global economy cannot be overstated. The breadth of products that require chemicals demonstrates the importance of these inputs to everyday life. From consumer electronics and household cleaners, to batteries that power cars and drones and the processors and fiber optics that power the world’s computing and Internet infrastructure, chemicals are a part of nearly everything. 

This Harbor Research paper identifies new forces acting on players and markets and key growth themes that tie closely to future chemical manufacturer competitiveness which, in turn, are tied to several technology developments that will enable new solutions and new nontraditional growth opportunities.