Chemicals & Material Science

Overview

The chemical industry is undergoing a significant transformation as ambitious research and development teams focus on better ways to produce, store, and use chemical resources. The production of chemicals involves converting raw materials such as fossil fuels, water, minerals, metals, and so on into tens of thousands of different products that are central to modern life as we know it. While focusing on sustainability, bio-based products are gaining interest in most segments, leading to a reduction in carbon footprint. The ongoing adoption of technological developments is a feature of the chemicals industry that can be seen in every segment and creates both opportunities and risks. The growing need for process efficiency drives the adoption of technologies such as Internet of Things (IoT) sensors for production processes and end-product performance. Other than this, high-performance materials are increasingly being used in various industries due to their strength and durability. Environmental and social governance (ESG) issues are a tipping point for the chemicals industry and are impacting businesses across sectors. So, more and more businesses are focusing on new technology trends like plastic and polymer technology, 3D printing research, etc.

Ingenious e-Brain (IeB) assesses the strategic paths and actions focused on the short to long-term horizon, usually ranging from 1 to 20 years down the line. We support our clients in defining their strategic paths for the future through technology, market intelligence, competitive intelligence services, and implementation practices in a pragmatic manner, facilitating decision-making, and translating the strategy into feasible initiatives.