In a world where 96% of all manufactured goods depend on chemicals in one way or another, there are ample opportunities for chemical companies to grow. Chemical manufacturers, striving to secure a larger share in the marketplace, have created an extremely competitive battleground. Several industry trends – protectionist trade policies, tariff wars, and industry consolidation – are also pushing businesses to adopt new ways to stand out.
As these trends permeate the chemical industry, many businesses are remodelling to drive growth and profitability. At the core of this transformation is the need to build resilience – with the ability to adapt, digitise, and modernise. Safety remains a high priority while sustainability has increasingly become a focus.
Chemical companies see their supply chains playing a crucial role in their business transformation. Whether they need to support continuous production lines with effective storage solutions; increase margins with supply chain cost-efficiencies; improve safety and compliance, or gain customer loyalty with greater visibility and on-time deliveries, they are making high demands of their supply chain partners to add value at every stage of their supply chain.