Digitalisation and Sustainability in European Chemicals
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The European chemical industry is a global leader and vital contributor to the continent's economy, supplying essential materials to sectors like automotive, healthcare, and agriculture, while generating €600 billion annually and accounting for 7.5% of EU manufacturing output. Anchored by key segments such as petrochemicals, specialty chemicals, agrochemicals, and green chemicals, it faces challenges like fluctuating feedstock costs, stringent regulations, and geopolitical uncertainties. However, with strong leadership in high-value products, a proactive shift towards sustainable practices under the European Green Deal, and the adoption of Industry 4.0 technologies, the industry is well-positioned to navigate energy constraints, expand export opportunities, and drive innovation, securing its global competitiveness in an evolving economic landscape.
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anamalkova
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