The advanced chemicals and materials industry have played a vital role in industrial revolutions and is currently acting as an important enabler of the Fourth Industrial Revolution. Industries including construction, transportation, utilities, F&B, cosmetics, telecom, healthcare, and oil and gas makes rational use of chemicals and materials for manufacturing their products. Extensive R&D in the field of advanced materials, demand for high-performance coatings, and expanding production operations in developing economies are driving the growth of advanced chemicals and materials market.
Rapid technological advancement in product innovation
Development of sustainable products
Growing development of green chemistry products
Increasing demand for graphene as an advanced material