Chemicals and Materials
The Industry that affects many other segments is affected by “Going Green” campaign
The chemicals and materials industry forms the center line of various other industries such as healthcare, food and beverages, oil and gas, transportation, construction, pharmaceuticals, utilities, and electronics. Thus the need to stay ahead in the market with new innovations becomes imperative for the players of the chemical and materials market. Challenges such as rise of emerging markets, urbanization, broadening of product/service offerings, and rise of emerging markets are likely to influence the dynamics of this industry.
Given the adverse effect of climate change, the world is going through “go-green” revolution and trying to achieve environmental sustainability. The emergence of green or environment-friendly products, greener real estate solutions are further shaping demands of the consumer.
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