Chemical & Process

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Chemical & Process

In 2025, the global chemical and process industry is projected to reach approximately $6.2 trillion, driven by trends such as decarbonisation, digitalisation, sustainability initiatives and a growing demand for materials that support energy transitions.

The industry continues to rebound from pandemic disruptions, with significant activity in renewable energy and the creation of sustainable, eco-friendly solutions across sectors like automotive and construction, especially within the Asia-Pacific region which has seen strong growth. Advancements in smart materials and green technologies, such as the adoption of green hydrogen and electric vehicles, are also playing a substantial role in reshaping the market landscape as environmental policies bolster investment in clean technology.

Looking forward to 2032, the chemical and process industry is anticipated to further expand, underpinned by the continued acceleration in sustainable practices, especially as companies align more with Industry goals that integrate advanced technologies with human-centric, sustainable approaches. This shift is expected to enhance the chemical value chain and improve both environmental impact and industry profitability as companies prioritise reduced emissions, circular economy models and digitalisation.

 

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