Report Analyzes How Global Megatrends Will Transform the Chemical Industry
Climate change, sustainability and digital transformation will drive massive change for future chemicals companies.
BOSTON – Over the next 20 years, the chemicals and materials industries will face fundamental changes, forcing them to adopt new skills and develop new goals. These changes will have a major impact on the flow of both materials and information. In the new report, The Chemicals and Materials Company of 2040, Lux Research outlines the factors impacting these industries and how they will cause large-scale change.
There are four megatrends currently shaping the chemicals and materials industries: feedstock and resource transformation, sustainability, change in consumer demand, and digital transformation. The first two will impact the flow of materials, while the last two will impact the flow of information.