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

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.