The Chemical Industry at a crossroads

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The chemical industry has always been the quiet enabler of progress—from ammonia that feeds billions to polymers that power EVs and biocompatible plastics that save lives. Today, the sector faces a defining moment. Supply chains are strained, profit margins squeezed, and plastics waste looms as a critical challenge. Yet history shows that constraints fuel innovation, and once again, chemicals are set to transform our world.

S&P Global’s Chemicals at a Crossroads report explores the forces shaping the industry’s future. By 2030, India and Africa will drive nearly 40% of global demand, creating trillion-dollar opportunities for localized, sustainable solutions. The energy transition is moving from ambition to action with carbon capture, green ammonia, and lightweight polymers enabling hydrogen storage. Circular economy initiatives are reshaping business models, while advanced recycling and product redesign pave the way for sustainable growth.

AI is also emerging as a catalyst, streamlining operations and redefining how businesses compete. The message is clear: the challenges ahead are not crises, but catalysts for innovation.

Gain insights into market dynamics, trade flows, and future opportunities with S&P Global Commodity Insights—your partner in navigating the future of chemicals.

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The Chemical Industry at a crossroads

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