1、The future of demandOpportunities for chemicals to capture growthThe future of demand:opportunities for chemicals to capture growthCopyright 2025 Accenture.All rights reserved.2During the last 150 years,the chemical industry has provided innovative solutions to customer industries and consumers,help
2、ing drive progress and new demand in everything from packaging to consumer electronics to agriculture.While we expect current patterns to continue shaping demand during the next two to three years,more importantly,what will chemical demand look like in 10 to 20 years?Research by Accenture shows that
3、 demand for sustainable chemical products has been growing,and we expect that trend to continue.In fact,we found that more than half of consumers are motivated to purchase eco-friendly productsboth now and in the future1and are often willing to pay a premium price for them.Manufacturing and consumer
4、 goods companies are responding with innovations that address this demand,and they are also willing to pay a premium for eco-friendly products.These consumer and industry trends will foreseeably shape the future of demand for the chemical industry.The demand for sustainability-related offerings is t
5、wofold:sustainable chemicals for the production of eco-friendly products and conventional chemicals used to manufacture products that reduce environmental impact,such as solar panels or electric vehicles.We found that sustainability-related segments within industries served by the chemical industry
6、are growing faster than conventional ones.Meanwhile,we estimate that demand for sustainability-related chemical products will increase by about 70%by 2028,projected to reach$570 billion.2 This increase reflects an 11%compound annual growth rate(CAGR),expanding at a rate 4.5 times greater than the 2.