The Digital Transformation of Chemicals and Materials

Significant business model transformation will radically transform the chemicals and materials market in the next 20 years

Lux Research Predicts Digital Transformation Will Affect $500 Billion of the Global Chemicals and Materials Industry

The chemicals and materials industry has mostly seen only incremental innovation in recent decades, with growth coming primarily from expansion into new geographic markets, and very little from product innovation. At the same time, there is additional pressure on the industry with consumers demanding increased personalization, sustainability, and efficiency, which has forced the chemicals and materials industry to innovate its business practices.

In our new report “The Digital Transformation of Chemicals and Materials,” we outline use cases already in practice in facets of the chemicals and materials industry and a vision for how digital technologies will reshape the chemicals and materials landscape in the coming decades. Download the executive summary to learn more.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory services, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux empowers clients to make more informed decisions today to ensure future success.

For more information about materials innovation and insights from Lux, visit our blog, connect on LinkedIn, or follow @LuxResearch.

Download the Executive Summary