Global Chemicals and Materials in Infrastructure and Mobility Applications Sector to See Growth

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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 expects 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.

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