Key trends such as 3D printing, digital transformation, circular economy, lightweighting, and C02 as feedstock are poised to create a dynamic year for the global chemicals and materials in infrastructure and mobility applications sector.
Frost & Sullivan, a research firm has been investigating on the subject for a while and expects today market growth to be propelled by rapid economic and infrastructure development in Asia-Pacific as well as further market consolidation through small-value deals and merger and acquisition activities.
“Growth opportunities can be found in plastics and composites, along with the coatings, adhesives, sealants, and elastomers (CASE) sectors, as these segments drive innovation, product introduction, and technology sophistication,” said Soundarya Gowrishankar, Team Leader, Chemicals & Materials in Infrastructure & Mobility. “Furthermore, the water and wastewater treatment chemicals sector growth is likely to be steered by digitization trends in the industry.”
“In 2019, chemical industry trends will largely be influenced by the slowing Chinese economy, US-China trade tensions, Brexit implications, along with the emerging investment outlook in India, Brazil, and rest of Asian countries,” noted Christeena Thomas, Senior Research Analyst, Chemicals & Materials in Infrastructure & Mobility. “Trade wars and higher raw material prices are likely to encourage smaller-value deals that are targeted at focused product/market or regional diversification, with investment and cross-border deals kept at bay.”
Market participants can make the most of growth opportunities in the market by:
- Targeting the promotion of more environmentally sustainable products that are compliant with the regulations mandated by each sector.
- Improving their portfolio with products that can be customized based on end-user specifications, such as improved adhesion, durability, and ease of operation.
- Implementing marketing programs that improve awareness among end-user customers about the utility of advanced products.
Outlook of Global Chemicals and Materials (C&M) in Infrastructure and Mobility Applications, 2019 is part of Frost & Sullivan’s Chemicals & Materials in Infrastructure and Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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