Nearly all manufactured goods are impacted by the business of chemistry. Chemistry is essential to our economy & plays a vital role in the creation of ground-breaking products that make our lives and our world healthier, safer, more sustainable and more productive.
Emerging digital technologies drive value chain improvements and sustainability by evaluating, optimizing, and assimilating ingredient recipes and domain knowledge thereby impacting the decision-making landscape of chemical producers.
Global Chemical Industry added USD 1.1 trillion to the global GDP and employed 15 million
people in FY2020.
Advent of Digitalization has initially shifted the focus on increasing productivity, however this industry will be supporting the development of new business models in the coming years.