The Lux Competitive Benchmark for Large Chemical and Material Companies: Assessing corporate innovation effort and business performance

June 29, 2018 | Research Report

Although almost two centuries old, the chemical industry still requires innovation, particularly in using new digital technologies, to drive growth in the face of tough global market challenges. To assess who is positioned to succeed, we’ve analyzed 40 top chemical and material firms using the Lux Competitive Benchmark (LCB), which scores companies based on Innovation Effort and Business Execution. While there is not a universal relationship between Innovation Effort and Business Execution, specific segments do show a positive correlation, including diversified chemicals; paints, coatings, and adhesives; and materials.


  • Chemicals
  • Government & Non-Profit

Table of Contents

  • Title page

Lead Analyst

Matthew Wagner, Ph.D.
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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