Dear Audience, the market for chemical products is expected to grow to some 5.6 trillion euros by 2035, more than doubling its current size. But even though growth prospects are good, the industry’s dynamism is set to wane.
The European chemical industry will see itself especially hard hit – annual growth will amount to as little as 1.5 percent in the next 20 years. Besides sluggish growth in the domestic markets, Europe’s industry has other significant hurdles to clear.
To find out, what these hurdles are and how the European chemical industry might overcome them, we talk today to Erwin Douma, Principal at Roland Berger Strategy Consultants and one of the authors of the recent study named „Chemicals 2035 – Gearing up for Growth: How Europe’s chemical industry can gain traction in a digitized world“ …
Ulrich Hinsen | ManagementRadio
