Assessing the Impact of Four Key Digital Technologies on the Materials and Chemicals Industry

November 20, 2017 | State of the Market Report

The materials and chemicals space is under substantial pressure to improve margins, operate efficiently, and grow in the face of consolidated competition. Blockbuster new materials are few and far between, meaning companies must target increasingly niche areas for new growth. Digital transformation can play a key role in meeting these challenges simultaneously. This report identifies four key technologies of digital transformation – materials informatics, predictive analytics, synthetic biology, and end user data platforms – and assesses both their individual effects and their combined impact on the future of the materials and chemicals space.

Coverage Areas

  • Accelerating Materials Innovation
  • Advanced Materials
  • Bio-based Materials and Chemicals
  • Corporate Strategic Intelligence: Chemicals and Materials
  • Digital Transformation
  • Materials Design and Manufacturing

Table of Contents

  • Landscape
    The materials and chemicals industry needs to become more efficient while continuing to find growth despite a lack of blockbuster innovation.
  • Analysis
    Digital transformation is the key to operating more like a commodity business while producing and selling like a specialty business
  • Outlook
    Digital transformation in materials and chemicals will requires a strategy that capitalizes on near-term benefits while preparing for long-term shifts.

Lead Analyst

Anthony Schiavo
Senior Analyst

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, 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 clients are empowered to make more informed decisions today to ensure future success.

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