Frost & Sullivan presents the key perspectives on growth in the Chemicals

General Press Releases Thursday May 24, 2012 11:45
Bangkok--24 May--Frost & Sullivan

Green products like bioplastics, high demand for innovative chemicals and materials, and industry consolidation will dominate the chemicals and materials industry across Europe, while weight management, heart and digestive health will be the high growth sectors in food and beverage markets.

A new forecast from Frost & Sullivan presents the key perspectives on growth in the Chemicals, Materials and Food Industry in 2012 and shows where the next growth opportunities are in many different sectors and in new geographies.

Research Director Dr Leonidas Dokos says: "The four Mega Trends of low carbon economy, health and wellness, functionality and performance, and globalisation define the developments in the chemicals, materials and food industry. The food, mobility and construction markets remain core developments for 2012 exhibiting growth overall driven by the emerging economies."

Frost & Sullivan’s insight on the big predictions for the Chemicals, Materials and Food industry is available on SlideShare.
Global hot spots

According to Frost & Sullivan, China, Brazil and Russia are the top priorities for construction and utilities players, while for transportation players the focus is on China, India and Brazil. In particular, the Indian demand for chemicals will grow on the back of massive growth in end-user industries such as automotive production. China\'s development of green technology will draw in strong chemicals investment, even for technologies such as electric vehicles.

The Western European market remains the priority for EU based manufacturers over other regions. North America and Eastern Europe are the next priority while Russia presents significant opportunities across sectors, especially in construction, water treatment, transportation and PPE.

Latin America will be the hub for bioethanol and Brazil will continue to export it to neighbouring nations. There will also be increasing focus in oil and gas exploration with restructure in the state petrochemicals companies. Brazil, in particular, is forecast to become a major centre of supply for biobased feedstocks and will be the construction hot spot until 2016 (supported by the 2014 Football World Cup and the 2016 Olympic Games).

The food and beverage suppliers are looking at the following three emerging markets – China, India and Brazil while in Europe the focus is and will be on bakery ingredients.

Targeted consolidation in the chemicals and materials industry continues as one of the main highlights of recent years but the number of closed deals will be smaller due to widespread lack of cash availability. However, in 2012 we will witness a mega acquisition of a top 100 global chemicals company headquartered in Europe. As a general forecast for all segments, the continuing debt crisis in the eurozone and the high US government debt continue to undermine the speed of the macroeconomic recovery of markets and the level of investment available.

Corporate Communications, Frost & Sullivan Thailand, 02 637 7414

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