AI in Chemicals Market by Component (Hardware, Software (by Type, Technology, and Deployment Mode) and Services), Business Application, End User (Basic Chemicals, Active Ingredients, and Paints & Coatings) and Region - Global Forecast to 2029
The global AI in chemicals market is valued at USD 0.7 billion in 2024 and is estimated to reach USD 3.8 billion in 2029, registering a CAGR of 39.2% during the forecast period. Optimizing chemical processes with AI-enabled solutions serves as a potential driver for accelerating the adoption of AI in the chemical sector. As more than 80% of chemical companies now prioritize sustainability alongside revenue growth, AI emerges as a crucial tool for achieving these goals. Notably, in 2022, two-thirds of companies actively developing AI strategies reported significant increases in both productivity and sustainability achievements. AI-powered predictive models offer precise recommendations for formulations and manufacturing processes, advancing sustainability objectives while significantly improving return on investment. Companies implementing AI strategies have witnessed notable cost reductions of up to 30% and impressive decreases of 20% in greenhouse gas emissions within their chemical workflows. Successful integration of AI relies on robust data foundations and effective training strategies. Ensuring data diversity and quality is paramount to maintaining accuracy and preventing model drift, safeguarding against suboptimal predictions and investments. Through enriched datasets and curated training sets, companies validate AI models, unlocking new insights and breakthroughs.
“By component, the software segment is projected to hold the largest market size during the forecast period.”
The AI landscape in the chemicals market is multifaceted, encompassing a diverse range ofvarious software solutions tailored to specific industry needs. These software solutions is are categorized by type, including dashboard and analytics tools that enable real-time data visualization and strategic decision-making, process simulation software that aids in modeling and optimizing chemical processes, chemical modeling software for molecular design and analysis, laboratory management software for efficient lab operations, virtual screening tools for drug discovery and materials design, and chemical property prediction tools for predicting material properties and behavior. This software is further categorized by advanced technologies such as machine learning, deep learning, generative AI, natural language processing (NLP), computer vision, and advanced analytics. Moreover, these softwares are deployed across different modes, including cloud-based solutions for scalability, flexibility, and accessibility, as well as on-premises deployments for data security, control, and compliance. This diverse software ecosystem forms the foundation for AI-driven innovation, optimization, and transformative advancements in the chemicals industry.
“By Business Application, R&D is registered to grow at the highest CAGR during the forecast period.”
The chemical sector is undergoing a significant transformation driven by the rapid adoption of artificial intelligence (AI) technologies. This shift is propelled by the need for more efficient and sustainable research and development (R&D) processes. In November 2022, Chemical.AI, a Shanghai-based R&D AI technology firm, secured USD 14 million in Series B funding. Chemical.AI specializes in harnessing AI and automation to create an intelligent chemical synthesis platform, thereby boosting research efficacy in chemistry and streamlining drug discovery processes. Initiatives such as the collaboration between Eastman and NC State's Department of Chemical and Biomolecular Engineering exemplify this trend by leveraging AI, catalysis, and robotics to create self-driving labs. By automating labor-intensive tasks and accelerating compound discovery and property prediction, AI optimizes R&D processes, leading to more sustainable and efficient manufacturing of specialty chemicals. Additionally, companies such as Quantistry, with its advanced cloud-native simulation platform integrating Quantum and AI technologies, are further revolutionizing chemical research and development. Their focus on sustainability and efficiency, coupled with quantum-based simulations and AI-driven insights, enables innovative materials' optimization, discovery, and design.
“Asia Pacific is projected to witness the highest CAGR during the forecast period.”
The Asia Pacific region is experiencing a transformative shift in the chemicals industry due to the integration of artificial intelligence technologies. Countries such as China and Japan are leading this transformation with robust investments in AI research, development, and implementation across the chemical value chain. China, being the largest chemicals market, is leveraging AI for process optimization, predictive maintenance, and supply chain management, driving efficiency and cost savings. Japan's chemical industry, renowned for its innovation, is adopting AI for product development, quality control, and sustainability initiatives, contributing to its global competitiveness. India's rapidly growing chemical sector is embracing AI for smart manufacturing, safety enhancements, and environmental sustainability, supported by government initiatives and private investments. South Korea, with its focus on AI research and development, is fostering AI-driven innovations in chemical production processes, driving technological advancements and market competitiveness.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI in chemicals market.
? By Company: Tier I: 35%, Tier II: 45%, and Tier III: 20%
? By Designation: C-Level Executives: 35%, Directors: 25%, and Others: 40%
? By Region: North America: 40%, Europe: 20%, Asia Pacific: 30%, Middle East & Africa: 5%, Latin America: 5%
Major vendors offering AI in chemicals hardware, software and services across the globe are IBM (US), Microsoft (US), Schneider Electric (France), AWS (US), Google (US), SAP (Germany), NVIDIA (US), C3.ai (US), GE Vernova (US), Siemens (Germany), Hexagon (Sweden), Engie Impact (US), TrendMiner (Belgium), Xylem (US), NobleAI (US), Iktos (France), Kebotix (US), Uptime AI (US), Canvass AI (Canada), Nexocode (Poland), SandboxAQ (US), Deepmatter (England), Zapata AI (US), Citirne Informatics (US), Chemical.AI (China), Augury (Israel), Intellegens (UK), Ripik.AI (India), Tractian (US), Polymerize (Singapore), ScienceDesk (Germany), OptiSol Business Solutions (India), NuWater (Africa) and VROC (Australia).
Research Coverage
The market study covers AI in chemicals across segments. It aims at estimating the market size and the growth potential across different segments, such as component (hardware, software [by type, technology, and, deployment mode] & services), business application, end users, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for AI in chemicals and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“By component, the software segment is projected to hold the largest market size during the forecast period.”
The AI landscape in the chemicals market is multifaceted, encompassing a diverse range ofvarious software solutions tailored to specific industry needs. These software solutions is are categorized by type, including dashboard and analytics tools that enable real-time data visualization and strategic decision-making, process simulation software that aids in modeling and optimizing chemical processes, chemical modeling software for molecular design and analysis, laboratory management software for efficient lab operations, virtual screening tools for drug discovery and materials design, and chemical property prediction tools for predicting material properties and behavior. This software is further categorized by advanced technologies such as machine learning, deep learning, generative AI, natural language processing (NLP), computer vision, and advanced analytics. Moreover, these softwares are deployed across different modes, including cloud-based solutions for scalability, flexibility, and accessibility, as well as on-premises deployments for data security, control, and compliance. This diverse software ecosystem forms the foundation for AI-driven innovation, optimization, and transformative advancements in the chemicals industry.
“By Business Application, R&D is registered to grow at the highest CAGR during the forecast period.”
The chemical sector is undergoing a significant transformation driven by the rapid adoption of artificial intelligence (AI) technologies. This shift is propelled by the need for more efficient and sustainable research and development (R&D) processes. In November 2022, Chemical.AI, a Shanghai-based R&D AI technology firm, secured USD 14 million in Series B funding. Chemical.AI specializes in harnessing AI and automation to create an intelligent chemical synthesis platform, thereby boosting research efficacy in chemistry and streamlining drug discovery processes. Initiatives such as the collaboration between Eastman and NC State's Department of Chemical and Biomolecular Engineering exemplify this trend by leveraging AI, catalysis, and robotics to create self-driving labs. By automating labor-intensive tasks and accelerating compound discovery and property prediction, AI optimizes R&D processes, leading to more sustainable and efficient manufacturing of specialty chemicals. Additionally, companies such as Quantistry, with its advanced cloud-native simulation platform integrating Quantum and AI technologies, are further revolutionizing chemical research and development. Their focus on sustainability and efficiency, coupled with quantum-based simulations and AI-driven insights, enables innovative materials' optimization, discovery, and design.
“Asia Pacific is projected to witness the highest CAGR during the forecast period.”
The Asia Pacific region is experiencing a transformative shift in the chemicals industry due to the integration of artificial intelligence technologies. Countries such as China and Japan are leading this transformation with robust investments in AI research, development, and implementation across the chemical value chain. China, being the largest chemicals market, is leveraging AI for process optimization, predictive maintenance, and supply chain management, driving efficiency and cost savings. Japan's chemical industry, renowned for its innovation, is adopting AI for product development, quality control, and sustainability initiatives, contributing to its global competitiveness. India's rapidly growing chemical sector is embracing AI for smart manufacturing, safety enhancements, and environmental sustainability, supported by government initiatives and private investments. South Korea, with its focus on AI research and development, is fostering AI-driven innovations in chemical production processes, driving technological advancements and market competitiveness.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI in chemicals market.
? By Company: Tier I: 35%, Tier II: 45%, and Tier III: 20%
? By Designation: C-Level Executives: 35%, Directors: 25%, and Others: 40%
? By Region: North America: 40%, Europe: 20%, Asia Pacific: 30%, Middle East & Africa: 5%, Latin America: 5%
Major vendors offering AI in chemicals hardware, software and services across the globe are IBM (US), Microsoft (US), Schneider Electric (France), AWS (US), Google (US), SAP (Germany), NVIDIA (US), C3.ai (US), GE Vernova (US), Siemens (Germany), Hexagon (Sweden), Engie Impact (US), TrendMiner (Belgium), Xylem (US), NobleAI (US), Iktos (France), Kebotix (US), Uptime AI (US), Canvass AI (Canada), Nexocode (Poland), SandboxAQ (US), Deepmatter (England), Zapata AI (US), Citirne Informatics (US), Chemical.AI (China), Augury (Israel), Intellegens (UK), Ripik.AI (India), Tractian (US), Polymerize (Singapore), ScienceDesk (Germany), OptiSol Business Solutions (India), NuWater (Africa) and VROC (Australia).
Research Coverage
The market study covers AI in chemicals across segments. It aims at estimating the market size and the growth potential across different segments, such as component (hardware, software [by type, technology, and, deployment mode] & services), business application, end users, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for AI in chemicals and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Growing demand of AI for research & development, Rising demand for AI-enhanced chemical process optimization), restraints (High cost associated with AI implementation in chemical industry, Regulatory constraints posing obstacles to scalability of AI solutions in chemical sector), opportunities (Growing demand for AI-based predictive maintenance, Growing integration of generative AI to unlock unprecedented opportunities), and challenges (Issues related to converting chemical data into machine-readable data, Lack of skilled workforce) influencing the growth of the AI in chemicals market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the AI in chemicals market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the AI in chemicals market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in AI in chemicals market strategies; the report also helps stakeholders understand the pulse of the AI in chemicals market and provides them with information on key market drivers, restraints, challenges, and opportunities.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players such as IBM (US), Microsoft (US), Google (US), Schneider Electric (France), SAP (Germany) among others in the AI in chemicals market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATE, 2020–2023
1.5 STAKEHOLDERS
1.6 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 AI IN CHEMICALS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key insights from industry experts
2.2 DATA TRIANGULATION
FIGURE 2 AI IN CHEMICALS MARKET: DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 3 AI IN CHEMICALS MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 4 APPROACH 1 (SUPPLY SIDE): REVENUE FROM VENDORS OF HARDWARE/SOFTWARE/SERVICES OF AI IN CHEMICALS MARKET
FIGURE 5 APPROACH 2 (BOTTOM-UP, SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL HARDWARE/SOFTWARE/SERVICES OF AI IN CHEMICALS
FIGURE 6 APPROACH 3 (BOTTOM-UP, SUPPLY SIDE): MARKET ESTIMATION FROM ALL HARDWARE/SOFTWARE/SERVICES AND CORRESPONDING SOURCES
FIGURE 7 APPROACH 4 (BOTTOM-UP, DEMAND-SIDE): SHARE OF AI IN CHEMICALS THROUGH OVERALL AI IN CHEMICALS SPENDING
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS
2.7 IMPACT OF RECESSION ON GLOBAL AI IN CHEMICALS MARKET
TABLE 4 RECESSION IMPACT ON AI IN CHEMICALS MARKET
3 EXECUTIVE SUMMARY
TABLE 5 GLOBAL AI IN CHEMICALS MARKET SIZE AND GROWTH RATE, 2019–2023 (USD MILLION, Y-O-Y)
TABLE 6 GLOBAL AI IN CHEMICALS MARKET SIZE AND GROWTH RATE, 2024–2029 (USD MILLION, Y-O-Y)
FIGURE 8 SOFTWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 9 ACCELERATORS SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 10 DASHBOARD & ANALYTICS TOOLS SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 11 MACHINE LEARNING SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 12 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2024
FIGURE 13 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET IN 2024
FIGURE 14 CONSULTING SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 15 PRODUCTION SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 16 ACTIVE INGREDIENTS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 17 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN AI IN CHEMICALS MARKET
FIGURE 18 RISING DEMAND FOR AI-ENHANCED PROCESS OPTIMIZATION TO BOOST MARKET GROWTH
4.2 OVERVIEW OF RECESSION IN GLOBAL AI IN CHEMICALS MARKET
FIGURE 19 AI IN CHEMICALS MARKET TO WITNESS MINOR DECLINE IN Y-O-Y GROWTH IN 2024
4.3 AI IN CHEMICALS MARKET, BY COMPONENT
FIGURE 20 SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.4 AI IN CHEMICALS MARKET: COMPONENTS & KEY END USERS
FIGURE 21 SOFTWARE AND BASIC CHEMICALS SEGMENTS TO ACCOUNT FOR SIGNIFICANT SHARES IN AI IN CHEMICALS MARKET IN 2024
4.5 AI IN CHEMICALS MARKET, BY REGION
FIGURE 22 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 23 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: AI IN CHEMICALS MARKETS
5.2.1 DRIVERS
5.2.1.1 Growing demand for AI for R&D purposes in chemicals and materials sectors
FIGURE 24 IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE IN CHEMICAL SECTOR
5.2.1.2 Rising demand for AI-enhanced chemical process optimization
5.2.2 RESTRAINTS
5.2.2.1 High cost associated with AI implementation in chemical industry
5.2.2.2 Regulatory constraints posing obstacles to scalability of AI solutions in chemical sector
5.2.3 OPPORTUNITIES
5.2.3.1 Growing demand for AI-based predictive maintenance
5.2.3.2 Growing integration of generative AI to unlock unprecedented opportunities
5.2.4 CHALLENGES
5.2.4.1 Issues related to converting chemical data into machine-readable data
5.2.4.2 Lack of skilled workforce
5.3 EVOLUTION OF AI IN CHEMICALS MARKET
FIGURE 25 EVOLUTION OF AI IN CHEMICALS MARKET
5.4 SUPPLY CHAIN ANALYSIS
FIGURE 26 AI IN CHEMICALS MARKET: SUPPLY CHAIN ANALYSIS
5.5 ECOSYSTEM ANALYSIS
FIGURE 27 KEY PLAYERS IN AI IN CHEMICALS MARKET ECOSYSTEM
TABLE 7 ROLE OF KEY PLAYERS IN AI IN CHEMICALS MARKET
5.5.1 SOFTWARE PROVIDERS
5.5.2 SERVICE PROVIDERS
5.5.3 END USERS
5.5.4 REGULATORY BODIES
5.6 CASE STUDY ANALYSIS
5.6.1 EVONIK COLLABORATED WITH IBM RESEARCH EUROPE AND MIT-IBM WATSON AI LAB TO LEVERAGE AI TO ACCELERATE DEVELOPMENT AND OPTIMIZATION OF MATERIALS
5.6.2 INDORAMA VENTURES OPTIMIZED RISK MANAGEMENT WITH SAP’S INTELLIGENT ASSET MANAGEMENT AND ASLNT’S SOLUTIONS
5.6.3 TERRAY THERAPEUTICS REVOLUTIONIZED DRUG DISCOVERY WITH AI-DRIVEN MOLECULAR DESIGN COATI BY LEVERAGING NVIDIA DGX CLOUD
5.6.4 BASF OPTIMIZED CHEMICAL PLANT UPTIME WITH AI-DRIVEN REMOTE MONITORING SUBSTATION 6 BUILD WITH HELP OF SCHNEIDER ELECTRIC
5.6.5 LARGE EUROPEAN SPECIALTY CHEMICALS MANUFACTURER IMPLEMENTED C3 AI PROCESS OPTIMIZATION APPLICATION TO IMPROVE MANUFACTURING YIELDS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Conversational AI
5.7.1.2 LLMs
5.7.1.3 Context-aware computing
5.7.1.4 Cloud computing
5.7.1.5 Augmented analytics
5.7.2 ADJACENT TECHNOLOGIES
5.7.2.1 Digital twins
5.7.2.2 IoT
5.7.2.3 RPA
5.7.2.4 Blockchain
5.7.2.5 Cybersecurity
5.8 PRICING ANALYSIS
5.8.1 INDICATIVE PRICING ANALYSIS OF AI IN CHEMICALS, BY COMPONENT
TABLE 8 INDICATIVE PRICING LEVELS OF AI IN CHEMICALS, BY COMPONENT
5.8.2 AVERAGE SELLING PRICE TREND OF KEY PLAYERS: TOP THREE BUSINESS APPLICATIONS
FIGURE 28 AVERAGE SELLING PRICE TREND OF KEY PLAYER: TOP THREE BUSINESS APPLICATIONS
TABLE 9 AVERAGE SELLING PRICE TREND OF KEY PLAYERS: TOP THREE BUSINESS APPLICATIONS
5.9 PATENT ANALYSIS
5.9.1 METHODOLOGY
5.9.2 PATENTS FILED, BY DOCUMENT TYPE
TABLE 10 PATENTS FILED, 2014–2024
5.9.3 INNOVATION AND PATENT APPLICATIONS
FIGURE 29 NUMBER OF PATENTS GRANTED IN LAST 10 YEARS, 2014–2024
5.9.3.1 Top 10 applicants in AI in chemicals market
FIGURE 30 TOP 10 APPLICANTS IN AI IN CHEMICALS MARKET, 2014–2024
FIGURE 31 REGIONAL ANALYSIS OF PATENTS GRANTED FOR AI IN CHEMICALS MARKET, 2014–2024
TABLE 11 TOP 20 PATENT OWNERS IN AI IN CHEMICALS MARKET, 2014–2024
TABLE 12 LIST OF FEW PATENTS IN AI IN CHEMICALS MARKET, 2023–2024
5.10 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO OF AUTOMATIC DATA-PROCESSING MACHINES AND UNITS
FIGURE 32 AUTOMATIC DATA-PROCESSING MACHINES AND UNITS IMPORT DATA, BY KEY COUNTRY, 2016–2023 (USD MILLION)
5.10.2 EXPORT SCENARIO OF AUTOMATIC DATA-PROCESSING MACHINES AND UNITS
FIGURE 33 AUTOMATIC DATA-PROCESSING MACHINES AND UNITS EXPORT DATA, BY KEY COUNTRY, 2016–2023 (USD MILLION)
5.11 TARIFF AND REGULATORY LANDSCAPE
5.11.1 TARIFF RELATED TO AI IN CHEMICALS
TABLE 13 TARIFF RELATED TO AI IN CHEMICALS
5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11.2.1 North America
5.11.2.1.1 US
5.11.2.1.2 Canada
5.11.2.2 Europe
5.11.2.3 Asia Pacific
5.11.2.3.1 South Korea
5.11.2.3.2 China
5.11.2.3.3 India
5.11.2.4 Middle East & Africa
5.11.2.4.1 UAE
5.11.2.4.2 KSA
5.11.2.4.3 Bahrain
5.11.2.5 Latin America
5.11.2.5.1 Brazil
5.11.2.5.2 Mexico
5.12 INVESTMENT AND FUNDING SCENARIO
FIGURE 34 AI IN CHEMICALS MARKET: INVESTMENT LANDSCAPE, 2019–2024
5.13 PORTER’S FIVE FORCES’ ANALYSIS
FIGURE 35 PORTER’S FIVE FORCES’ ANALYSIS: AI IN CHEMICALS MARKET
TABLE 19 PORTER’S FIVE FORCES’ IMPACT ON AI IN CHEMICALS MARKET
5.13.1 THREAT OF NEW ENTRANTS
5.13.2 THREAT OF SUBSTITUTES
5.13.3 BARGAINING POWER OF SUPPLIERS
5.13.4 BARGAINING POWER OF BUYERS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 36 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.15 KEY CONFERENCES & EVENTS IN 2024–2025
TABLE 20 AI IN CHEMICALS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
5.16.2 BUYING CRITERIA
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 22 KEY BUYING CRITERIA FOR TOP THREE END USERS
5.17 TECHNOLOGY ROADMAP
5.17.1 SHORT-TERM ROADMAP (1-3 YEARS)
5.17.2 LONG-TERM ROADMAP (3-10 YEARS)
6 AI IN CHEMICALS MARKET, BY COMPONENT
6.1 INTRODUCTION
6.1.1 COMPONENTS: AI IN CHEMICALS MARKET DRIVERS
FIGURE 39 SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 23 AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 24 AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
6.2 HARDWARE
6.2.1 HARDWARE TO ENHANCE PRODUCTIVITY, PREDICTIVE MAINTENANCE, AND INNOVATION IN PRODUCT DEVELOPMENT
TABLE 25 AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 26 AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 27 HARDWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 28 HARDWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 ACCELERATORS
TABLE 29 ACCELERATORS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 30 ACCELERATORS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.3 PROCESSORS
TABLE 31 PROCESSORS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 32 PROCESSORS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.4 MEMORY
TABLE 33 MEMORY: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 34 MEMORY: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.5 NETWORK
TABLE 35 NETWORK: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 36 NETWORK: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 SOFTWARE
6.3.1 SOFTWARE TO HELP IN REAL-TIME DATA VISUALIZATION, STRATEGIC DECISION-MAKING, AND OPTIMIZING CHEMICAL PROCESSES
TABLE 37 SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 38 SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2 BY SOFTWARE TYPE
FIGURE 40 CHEMICAL MODELING SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 39 AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 40 AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
6.3.2.1 Dashboard & analytics tools
TABLE 41 DASHBOARD & ANALYTICS TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 42 DASHBOARD & ANALYTICS TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.2 Process simulation software
TABLE 43 PROCESS SIMULATION SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 44 PROCESS SIMULATION SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.3 Chemical modeling software
TABLE 45 CHEMICAL MODELING SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 46 CHEMICAL MODELING SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.4 Laboratory management software
TABLE 47 LABORATORY MANAGEMENT SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 48 LABORATORY MANAGEMENT SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.5 Virtual screening tools
TABLE 49 VIRTUAL SCREENING TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 50 VIRTUAL SCREENING TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.6 Chemical property prediction tools
TABLE 51 CHEMICAL PROPERTY PREDICTION TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 52 CHEMICAL PROPERTY PREDICTION TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3 BY TECHNOLOGY
FIGURE 41 GENERATIVE AI TECHNOLOGY SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 53 AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 54 AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
6.3.3.1 ML
TABLE 55 MACHINE LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 56 MACHINE LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.2 Deep learning
TABLE 57 DEEP LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 58 DEEP LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.3 Generative AI
TABLE 59 GENERATIVE AI: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 60 GENERATIVE AI: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.4 NLP
TABLE 61 NATURAL LANGUAGE PROCESSING: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 62 NATURAL LANGUAGE PROCESSING: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.5 Computer vision
TABLE 63 COMPUTER VISION: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 64 COMPUTER VISION: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.6 Advanced analytics
TABLE 65 ADVANCED ANALYTICS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 66 ADVANCED ANALYTICS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.4 BY DEPLOYMENT MODE
FIGURE 42 CLOUD SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 67 AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 68 AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
6.3.4.1 Cloud
TABLE 69 CLOUD: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 70 CLOUD: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.4.2 On-premises
TABLE 71 ON-PREMISES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 72 ON-PREMISES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4 SERVICES
6.4.1 SERVICES TO ACCELERATE AI ADOPTION, DRIVE INNOVATION, AND MAXIMIZE BENEFITS OF AI TECHNOLOGIES IN CHEMICALS INDUSTRY
FIGURE 43 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 73 AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 74 AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 75 SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 76 SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2 PROFESSIONAL SERVICES
FIGURE 44 SUPPORT & MAINTENANCE SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 77 AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 78 AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 79 PROFESSIONAL SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 80 PROFESSIONAL SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2.1 Consulting services
TABLE 81 CONSULTING SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 82 CONSULTING SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2.2 Deployment & integration services
TABLE 83 DEPLOYMENT & INTEGRATION SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 84 DEPLOYMENT & INTEGRATION SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2.3 Support & maintenance services
TABLE 85 SUPPORT & MAINTENANCE SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 86 SUPPORT & MAINTENANCE SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.3 MANAGED SERVICES
TABLE 87 MANAGED SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 88 MANAGED SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7 AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION
7.1 INTRODUCTION
7.1.1 BUSINESS APPLICATIONS: AI IN CHEMICALS MARKET DRIVERS
FIGURE 45 RESEARCH & DEVELOPMENT SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 89 AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2019–2023 (USD MILLION)
TABLE 90 AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2024–2029 (USD MILLION)
7.2 RESEARCH & DEVELOPMENT
7.2.1 GROWING NEED FOR EFFICIENT AND SUSTAINABLE PROCESSES IN RESEARCH & DEVELOPMENT TO FUEL DEMAND FOR AI
TABLE 91 RESEARCH & DEVELOPMENT: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 92 RESEARCH & DEVELOPMENT: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.2.2 MATERIAL SCIENCE
7.2.3 CHEMICAL SYNTHESIS
7.2.4 NEW MATERIAL DISCOVERY
7.2.5 TAILORING PROPERTIES
7.2.6 CHEMICAL REGISTRATION & REGULATORY DATA ANALYSIS
7.3 PRODUCTION
7.3.1 NEED FOR EFFICIENCY, PROMOTION OF INNOVATION, AND STREAMLINING PRODUCTION PROCESSES TO FOSTER MARKET GROWTH
TABLE 93 PRODUCTION: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 94 PRODUCTION: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.2 QUALITY ASSURANCE
7.3.3 PRODUCTION PLANNING
7.3.4 PROCESS OPTIMIZATION & CONTROL
7.3.5 PRODUCT PORTFOLIO OPTIMIZATION
7.3.6 FEEDSTOCK OPTIMIZATION
7.3.7 ASSET MANAGEMENT
7.3.8 DEFECT DETECTION
7.3.9 CHEMICAL FORMULATION
7.3.10 OTHER PRODUCTION SUB-APPLICATIONS
7.4 SUPPLY CHAIN MANAGEMENT
7.4.1 RISING NEED FOR COMPANIES TO IMPROVE DECISION-MAKING TO PROPEL MARKET
TABLE 95 SUPPLY CHAIN MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 96 SUPPLY CHAIN MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.2 PRODUCT SOURCING
7.4.3 INVENTORY OPTIMIZATION
7.4.4 DEMAND FORECASTING
7.4.5 ORDER MANAGEMENT
7.4.6 MATERIAL SOURCING & PROCUREMENT
7.4.7 SUPPLIER RELATIONSHIP MANAGEMENT
7.4.8 OTHER SUPPLY CHAIN MANAGEMENT SUB-APPLICATIONS
7.5 STRATEGY MANAGEMENT
7.5.1 INTEGRATING AI TO REVOLUTIONIZE STRATEGY MANAGEMENT BY EMPOWERING INNOVATION AND COMPETITIVENESS
TABLE 97 STRATEGY MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 98 STRATEGY MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.5.2 MARKET FORECAST & ANALYTICS
7.5.3 CUSTOMER INSIGHTS & FEEDBACK
7.5.4 COMPETITIVE INTELLIGENCE
7.5.5 SCENARIO PLANNING & SIMULATION
7.5.6 CUSTOMER BEHAVIOR ANALYSIS
7.5.7 PRICING OPTIMIZATION
8 AI IN CHEMICALS MARKET, BY END USER
8.1 INTRODUCTION
8.1.1 END USERS: AI IN CHEMICALS MARKET DRIVERS
FIGURE 46 ACTIVE INGREDIENTS SEGMENT TO GROW AT LARGEST MARKET DURING FORECAST PERIOD
TABLE 99 AI IN CHEMICALS MARKET, BY END USER, 2019–2023 (USD MILLION)
TABLE 100 AI IN CHEMICALS MARKET, BY END USER, 2024–2029 (USD MILLION)
8.2 BASIC CHEMICALS
8.2.1 AI TO IDENTIFY EQUIPMENT FAILURES, MINIMIZE DOWNTIME, AND OPTIMIZE PRODUCTION OUTPUT
TABLE 101 BASIC CHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 102 BASIC CHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.2.2 PETROCHEMICALS & LUBRICANTS
8.2.3 COMMODITY CHEMICALS
8.2.4 INORGANIC CHEMICALS & GASES
8.3 ADVANCED MATERIALS
8.3.1 AI TO REFINE RAW MATERIAL SELECTION, ENHANCE PRODUCT DESIGN AND DEVELOPMENT, AND OPTIMIZE INVENTORY AND SUPPLY CHAIN MANAGEMENT
TABLE 103 ADVANCED MATERIALS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 104 ADVANCED MATERIALS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3.2 COMPOSITES
8.3.3 NANOMATERIALS
8.3.4 SPECIALTY POLYMERS
8.3.5 OTHER ADVANCED MATERIALS
8.4 ACTIVE INGREDIENTS
8.4.1 AI TO DEVELOP, OPTIMIZE, AND ENHANCE EFFICACY AND SAFETY OF ACTIVE INGREDIENTS
TABLE 105 ACTIVE INGREDIENTS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 106 ACTIVE INGREDIENTS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4.2 AGROCHEMICALS
8.4.3 FLAVOR & FRAGRANCE CHEMICALS
8.4.4 PERSONAL CARE & CLEANING PRODUCTS
8.4.5 OTHER ACTIVE INGREDIENTS
8.5 GREEN & BIOCHEMICALS
8.5.1 NEED TO REDUCE GLOBAL WARMING AND CARBON EMISSIONS TO FUEL DEMAND FOR AI SOLUTIONS IN GREEN AND BIOCHEMICALS SECTOR
TABLE 107 GREEN & BIOCHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 108 GREEN & BIOCHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.5.2 BIOFUELS
8.5.3 BIOPLASTICS
8.5.4 BIO-BASED CHEMICALS
8.5.5 OTHER GREEN & BIOCHEMICAL PRODUCTS
8.6 PAINTS & COATINGS
8.6.1 PAINTS & COATINGS SECTOR TO GAIN COMPETITIVE ADVANTAGES, STREAMLINE OPERATIONS, AND IMPROVE PRODUCT QUALITY WITH AI
TABLE 109 PAINTS & COATINGS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 110 PAINTS & COATINGS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.7 ADHESIVES & SEALANTS
8.7.1 RISING ADOPTION OF AI TECHNOLOGY TO ENHANCE FORMULATION TO PRODUCTION PROCESSES TO DRIVE MARKET
TABLE 111 ADHESIVES & SEALANTS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 112 ADHESIVES & SEALANTS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.8 WATER TREATMENT & SERVICES
8.8.1 RISING DEMAND TO OPTIMIZE PROCESSES RELATED TO WATER TREATMENT AND IMPROVE EFFICIENCY AND RESOURCE UTILIZATION TO BOOST MARKET GROWTH
TABLE 113 WATER TREATMENT & SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 114 WATER TREATMENT & SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.9 OTHER END USERS
TABLE 115 OTHER END USERS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 116 OTHER END USERS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
9 AI IN CHEMICALS MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 47 INDIA TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 48 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 117 AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 118 AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA: AI IN CHEMICALS MARKET DRIVERS
9.2.2 NORTH AMERICA: IMPACT OF RECESSION
FIGURE 49 NORTH AMERICA: MARKET SNAPSHOT
TABLE 119 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 120 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 121 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 122 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 123 NORTH AMERICA: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 124 NORTH AMERICA: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 125 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 126 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 127 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 128 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 129 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 130 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 131 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 132 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 133 NORTH AMERICA: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 134 NORTH AMERICA: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 135 NORTH AMERICA: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2019–2023 (USD MILLION)
TABLE 136 NORTH AMERICA: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2024–2029 (USD MILLION)
TABLE 137 NORTH AMERICA: AI IN CHEMICALS MARKET, BY END USER, 2019–2023 (USD MILLION)
TABLE 138 NORTH AMERICA: AI IN CHEMICALS MARKET, BY END USER, 2024–2029 (USD MILLION)
9.2.3 US
9.2.3.1 Dominance of chemical industry, presence of leading companies, and funding from government to drive market
TABLE 139 US: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 140 US: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 141 US: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 142 US: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 143 US: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 144 US: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 145 US: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 146 US: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 147 US: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 148 US: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 149 US: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 150 US: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
9.2.4 CANADA
9.2.4.1 Canada’s AI investments to fuel chemical industry with innovation and global competitiveness
TABLE 151 CANADA: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 152 CANADA: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 153 CANADA: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 154 CANADA: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 155 CANADA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 156 CANADA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 157 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 158 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 159 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 160 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 161 CANADA: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 162 CANADA: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
9.3 EUROPE
9.3.1 EUROPE: AI IN CHEMICALS MARKET DRIVERS
9.3.2 EUROPE: IMPACT OF RECESSION
TABLE 163 EUROPE: AI IN CHEMICALS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 164 EUROPE: AI IN CHEMICALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 165 EUROPE: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 166 EUROPE: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 167 EUROPE: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 168 EUROPE: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 169 EUROPE: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 170 EUROPE: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 171 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 172 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 173 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 174 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 175 EUROPE: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 176 EUROPE: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 177 EUROPE: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 178 EUROPE: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 179 EUROPE: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2019–2023 (USD MILLION)
TABLE 180 EUROPE: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2024–2029 (USD MILLION)
TABLE 181 EUROPE: AI IN CHEMICALS MARKET, BY END USER, 2019–2023 (USD MILLION)
TABLE 182 EUROPE: AI IN CHEMICALS MARKET, BY END USER, 2024–2029 (USD MILLION)
9.3.3 UK
9.3.3.1 Government investments in AI research and training and demand for advanced chemical products to spur market growth
9.3.4 GERMANY
9.3.4.1 Robust AI research hubs and strong research-industry collaboration to propel chemical innovation
TABLE 183 GERMANY: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 184 GERMANY: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 185 GERMANY: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 186 GERMANY: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 187 GERMANY: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 188 GERMANY: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 189 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 190 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 191 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 192 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 193 GERMANY: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 194 GERMANY: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
9.3.5 FRANC
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATE, 2020–2023
1.5 STAKEHOLDERS
1.6 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 AI IN CHEMICALS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key insights from industry experts
2.2 DATA TRIANGULATION
FIGURE 2 AI IN CHEMICALS MARKET: DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 3 AI IN CHEMICALS MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 4 APPROACH 1 (SUPPLY SIDE): REVENUE FROM VENDORS OF HARDWARE/SOFTWARE/SERVICES OF AI IN CHEMICALS MARKET
FIGURE 5 APPROACH 2 (BOTTOM-UP, SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL HARDWARE/SOFTWARE/SERVICES OF AI IN CHEMICALS
FIGURE 6 APPROACH 3 (BOTTOM-UP, SUPPLY SIDE): MARKET ESTIMATION FROM ALL HARDWARE/SOFTWARE/SERVICES AND CORRESPONDING SOURCES
FIGURE 7 APPROACH 4 (BOTTOM-UP, DEMAND-SIDE): SHARE OF AI IN CHEMICALS THROUGH OVERALL AI IN CHEMICALS SPENDING
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS
2.7 IMPACT OF RECESSION ON GLOBAL AI IN CHEMICALS MARKET
TABLE 4 RECESSION IMPACT ON AI IN CHEMICALS MARKET
3 EXECUTIVE SUMMARY
TABLE 5 GLOBAL AI IN CHEMICALS MARKET SIZE AND GROWTH RATE, 2019–2023 (USD MILLION, Y-O-Y)
TABLE 6 GLOBAL AI IN CHEMICALS MARKET SIZE AND GROWTH RATE, 2024–2029 (USD MILLION, Y-O-Y)
FIGURE 8 SOFTWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 9 ACCELERATORS SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 10 DASHBOARD & ANALYTICS TOOLS SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 11 MACHINE LEARNING SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 12 CLOUD SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2024
FIGURE 13 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET IN 2024
FIGURE 14 CONSULTING SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 15 PRODUCTION SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024
FIGURE 16 ACTIVE INGREDIENTS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 17 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN AI IN CHEMICALS MARKET
FIGURE 18 RISING DEMAND FOR AI-ENHANCED PROCESS OPTIMIZATION TO BOOST MARKET GROWTH
4.2 OVERVIEW OF RECESSION IN GLOBAL AI IN CHEMICALS MARKET
FIGURE 19 AI IN CHEMICALS MARKET TO WITNESS MINOR DECLINE IN Y-O-Y GROWTH IN 2024
4.3 AI IN CHEMICALS MARKET, BY COMPONENT
FIGURE 20 SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.4 AI IN CHEMICALS MARKET: COMPONENTS & KEY END USERS
FIGURE 21 SOFTWARE AND BASIC CHEMICALS SEGMENTS TO ACCOUNT FOR SIGNIFICANT SHARES IN AI IN CHEMICALS MARKET IN 2024
4.5 AI IN CHEMICALS MARKET, BY REGION
FIGURE 22 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 23 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: AI IN CHEMICALS MARKETS
5.2.1 DRIVERS
5.2.1.1 Growing demand for AI for R&D purposes in chemicals and materials sectors
FIGURE 24 IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE IN CHEMICAL SECTOR
5.2.1.2 Rising demand for AI-enhanced chemical process optimization
5.2.2 RESTRAINTS
5.2.2.1 High cost associated with AI implementation in chemical industry
5.2.2.2 Regulatory constraints posing obstacles to scalability of AI solutions in chemical sector
5.2.3 OPPORTUNITIES
5.2.3.1 Growing demand for AI-based predictive maintenance
5.2.3.2 Growing integration of generative AI to unlock unprecedented opportunities
5.2.4 CHALLENGES
5.2.4.1 Issues related to converting chemical data into machine-readable data
5.2.4.2 Lack of skilled workforce
5.3 EVOLUTION OF AI IN CHEMICALS MARKET
FIGURE 25 EVOLUTION OF AI IN CHEMICALS MARKET
5.4 SUPPLY CHAIN ANALYSIS
FIGURE 26 AI IN CHEMICALS MARKET: SUPPLY CHAIN ANALYSIS
5.5 ECOSYSTEM ANALYSIS
FIGURE 27 KEY PLAYERS IN AI IN CHEMICALS MARKET ECOSYSTEM
TABLE 7 ROLE OF KEY PLAYERS IN AI IN CHEMICALS MARKET
5.5.1 SOFTWARE PROVIDERS
5.5.2 SERVICE PROVIDERS
5.5.3 END USERS
5.5.4 REGULATORY BODIES
5.6 CASE STUDY ANALYSIS
5.6.1 EVONIK COLLABORATED WITH IBM RESEARCH EUROPE AND MIT-IBM WATSON AI LAB TO LEVERAGE AI TO ACCELERATE DEVELOPMENT AND OPTIMIZATION OF MATERIALS
5.6.2 INDORAMA VENTURES OPTIMIZED RISK MANAGEMENT WITH SAP’S INTELLIGENT ASSET MANAGEMENT AND ASLNT’S SOLUTIONS
5.6.3 TERRAY THERAPEUTICS REVOLUTIONIZED DRUG DISCOVERY WITH AI-DRIVEN MOLECULAR DESIGN COATI BY LEVERAGING NVIDIA DGX CLOUD
5.6.4 BASF OPTIMIZED CHEMICAL PLANT UPTIME WITH AI-DRIVEN REMOTE MONITORING SUBSTATION 6 BUILD WITH HELP OF SCHNEIDER ELECTRIC
5.6.5 LARGE EUROPEAN SPECIALTY CHEMICALS MANUFACTURER IMPLEMENTED C3 AI PROCESS OPTIMIZATION APPLICATION TO IMPROVE MANUFACTURING YIELDS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Conversational AI
5.7.1.2 LLMs
5.7.1.3 Context-aware computing
5.7.1.4 Cloud computing
5.7.1.5 Augmented analytics
5.7.2 ADJACENT TECHNOLOGIES
5.7.2.1 Digital twins
5.7.2.2 IoT
5.7.2.3 RPA
5.7.2.4 Blockchain
5.7.2.5 Cybersecurity
5.8 PRICING ANALYSIS
5.8.1 INDICATIVE PRICING ANALYSIS OF AI IN CHEMICALS, BY COMPONENT
TABLE 8 INDICATIVE PRICING LEVELS OF AI IN CHEMICALS, BY COMPONENT
5.8.2 AVERAGE SELLING PRICE TREND OF KEY PLAYERS: TOP THREE BUSINESS APPLICATIONS
FIGURE 28 AVERAGE SELLING PRICE TREND OF KEY PLAYER: TOP THREE BUSINESS APPLICATIONS
TABLE 9 AVERAGE SELLING PRICE TREND OF KEY PLAYERS: TOP THREE BUSINESS APPLICATIONS
5.9 PATENT ANALYSIS
5.9.1 METHODOLOGY
5.9.2 PATENTS FILED, BY DOCUMENT TYPE
TABLE 10 PATENTS FILED, 2014–2024
5.9.3 INNOVATION AND PATENT APPLICATIONS
FIGURE 29 NUMBER OF PATENTS GRANTED IN LAST 10 YEARS, 2014–2024
5.9.3.1 Top 10 applicants in AI in chemicals market
FIGURE 30 TOP 10 APPLICANTS IN AI IN CHEMICALS MARKET, 2014–2024
FIGURE 31 REGIONAL ANALYSIS OF PATENTS GRANTED FOR AI IN CHEMICALS MARKET, 2014–2024
TABLE 11 TOP 20 PATENT OWNERS IN AI IN CHEMICALS MARKET, 2014–2024
TABLE 12 LIST OF FEW PATENTS IN AI IN CHEMICALS MARKET, 2023–2024
5.10 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO OF AUTOMATIC DATA-PROCESSING MACHINES AND UNITS
FIGURE 32 AUTOMATIC DATA-PROCESSING MACHINES AND UNITS IMPORT DATA, BY KEY COUNTRY, 2016–2023 (USD MILLION)
5.10.2 EXPORT SCENARIO OF AUTOMATIC DATA-PROCESSING MACHINES AND UNITS
FIGURE 33 AUTOMATIC DATA-PROCESSING MACHINES AND UNITS EXPORT DATA, BY KEY COUNTRY, 2016–2023 (USD MILLION)
5.11 TARIFF AND REGULATORY LANDSCAPE
5.11.1 TARIFF RELATED TO AI IN CHEMICALS
TABLE 13 TARIFF RELATED TO AI IN CHEMICALS
5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11.2.1 North America
5.11.2.1.1 US
5.11.2.1.2 Canada
5.11.2.2 Europe
5.11.2.3 Asia Pacific
5.11.2.3.1 South Korea
5.11.2.3.2 China
5.11.2.3.3 India
5.11.2.4 Middle East & Africa
5.11.2.4.1 UAE
5.11.2.4.2 KSA
5.11.2.4.3 Bahrain
5.11.2.5 Latin America
5.11.2.5.1 Brazil
5.11.2.5.2 Mexico
5.12 INVESTMENT AND FUNDING SCENARIO
FIGURE 34 AI IN CHEMICALS MARKET: INVESTMENT LANDSCAPE, 2019–2024
5.13 PORTER’S FIVE FORCES’ ANALYSIS
FIGURE 35 PORTER’S FIVE FORCES’ ANALYSIS: AI IN CHEMICALS MARKET
TABLE 19 PORTER’S FIVE FORCES’ IMPACT ON AI IN CHEMICALS MARKET
5.13.1 THREAT OF NEW ENTRANTS
5.13.2 THREAT OF SUBSTITUTES
5.13.3 BARGAINING POWER OF SUPPLIERS
5.13.4 BARGAINING POWER OF BUYERS
5.13.5 INTENSITY OF COMPETITIVE RIVALRY
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 36 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.15 KEY CONFERENCES & EVENTS IN 2024–2025
TABLE 20 AI IN CHEMICALS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
5.16.2 BUYING CRITERIA
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE END USERS
TABLE 22 KEY BUYING CRITERIA FOR TOP THREE END USERS
5.17 TECHNOLOGY ROADMAP
5.17.1 SHORT-TERM ROADMAP (1-3 YEARS)
5.17.2 LONG-TERM ROADMAP (3-10 YEARS)
6 AI IN CHEMICALS MARKET, BY COMPONENT
6.1 INTRODUCTION
6.1.1 COMPONENTS: AI IN CHEMICALS MARKET DRIVERS
FIGURE 39 SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 23 AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 24 AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
6.2 HARDWARE
6.2.1 HARDWARE TO ENHANCE PRODUCTIVITY, PREDICTIVE MAINTENANCE, AND INNOVATION IN PRODUCT DEVELOPMENT
TABLE 25 AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 26 AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 27 HARDWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 28 HARDWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 ACCELERATORS
TABLE 29 ACCELERATORS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 30 ACCELERATORS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.3 PROCESSORS
TABLE 31 PROCESSORS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 32 PROCESSORS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.4 MEMORY
TABLE 33 MEMORY: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 34 MEMORY: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.5 NETWORK
TABLE 35 NETWORK: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 36 NETWORK: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3 SOFTWARE
6.3.1 SOFTWARE TO HELP IN REAL-TIME DATA VISUALIZATION, STRATEGIC DECISION-MAKING, AND OPTIMIZING CHEMICAL PROCESSES
TABLE 37 SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 38 SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2 BY SOFTWARE TYPE
FIGURE 40 CHEMICAL MODELING SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 39 AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 40 AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
6.3.2.1 Dashboard & analytics tools
TABLE 41 DASHBOARD & ANALYTICS TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 42 DASHBOARD & ANALYTICS TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.2 Process simulation software
TABLE 43 PROCESS SIMULATION SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 44 PROCESS SIMULATION SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.3 Chemical modeling software
TABLE 45 CHEMICAL MODELING SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 46 CHEMICAL MODELING SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.4 Laboratory management software
TABLE 47 LABORATORY MANAGEMENT SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 48 LABORATORY MANAGEMENT SOFTWARE: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.5 Virtual screening tools
TABLE 49 VIRTUAL SCREENING TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 50 VIRTUAL SCREENING TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.2.6 Chemical property prediction tools
TABLE 51 CHEMICAL PROPERTY PREDICTION TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 52 CHEMICAL PROPERTY PREDICTION TOOLS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3 BY TECHNOLOGY
FIGURE 41 GENERATIVE AI TECHNOLOGY SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 53 AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 54 AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
6.3.3.1 ML
TABLE 55 MACHINE LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 56 MACHINE LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.2 Deep learning
TABLE 57 DEEP LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 58 DEEP LEARNING: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.3 Generative AI
TABLE 59 GENERATIVE AI: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 60 GENERATIVE AI: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.4 NLP
TABLE 61 NATURAL LANGUAGE PROCESSING: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 62 NATURAL LANGUAGE PROCESSING: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.5 Computer vision
TABLE 63 COMPUTER VISION: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 64 COMPUTER VISION: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.3.6 Advanced analytics
TABLE 65 ADVANCED ANALYTICS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 66 ADVANCED ANALYTICS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.4 BY DEPLOYMENT MODE
FIGURE 42 CLOUD SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 67 AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 68 AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
6.3.4.1 Cloud
TABLE 69 CLOUD: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 70 CLOUD: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.4.2 On-premises
TABLE 71 ON-PREMISES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 72 ON-PREMISES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4 SERVICES
6.4.1 SERVICES TO ACCELERATE AI ADOPTION, DRIVE INNOVATION, AND MAXIMIZE BENEFITS OF AI TECHNOLOGIES IN CHEMICALS INDUSTRY
FIGURE 43 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 73 AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 74 AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 75 SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 76 SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2 PROFESSIONAL SERVICES
FIGURE 44 SUPPORT & MAINTENANCE SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 77 AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 78 AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 79 PROFESSIONAL SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 80 PROFESSIONAL SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2.1 Consulting services
TABLE 81 CONSULTING SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 82 CONSULTING SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2.2 Deployment & integration services
TABLE 83 DEPLOYMENT & INTEGRATION SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 84 DEPLOYMENT & INTEGRATION SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2.3 Support & maintenance services
TABLE 85 SUPPORT & MAINTENANCE SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 86 SUPPORT & MAINTENANCE SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.3 MANAGED SERVICES
TABLE 87 MANAGED SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 88 MANAGED SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7 AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION
7.1 INTRODUCTION
7.1.1 BUSINESS APPLICATIONS: AI IN CHEMICALS MARKET DRIVERS
FIGURE 45 RESEARCH & DEVELOPMENT SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 89 AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2019–2023 (USD MILLION)
TABLE 90 AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2024–2029 (USD MILLION)
7.2 RESEARCH & DEVELOPMENT
7.2.1 GROWING NEED FOR EFFICIENT AND SUSTAINABLE PROCESSES IN RESEARCH & DEVELOPMENT TO FUEL DEMAND FOR AI
TABLE 91 RESEARCH & DEVELOPMENT: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 92 RESEARCH & DEVELOPMENT: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.2.2 MATERIAL SCIENCE
7.2.3 CHEMICAL SYNTHESIS
7.2.4 NEW MATERIAL DISCOVERY
7.2.5 TAILORING PROPERTIES
7.2.6 CHEMICAL REGISTRATION & REGULATORY DATA ANALYSIS
7.3 PRODUCTION
7.3.1 NEED FOR EFFICIENCY, PROMOTION OF INNOVATION, AND STREAMLINING PRODUCTION PROCESSES TO FOSTER MARKET GROWTH
TABLE 93 PRODUCTION: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 94 PRODUCTION: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3.2 QUALITY ASSURANCE
7.3.3 PRODUCTION PLANNING
7.3.4 PROCESS OPTIMIZATION & CONTROL
7.3.5 PRODUCT PORTFOLIO OPTIMIZATION
7.3.6 FEEDSTOCK OPTIMIZATION
7.3.7 ASSET MANAGEMENT
7.3.8 DEFECT DETECTION
7.3.9 CHEMICAL FORMULATION
7.3.10 OTHER PRODUCTION SUB-APPLICATIONS
7.4 SUPPLY CHAIN MANAGEMENT
7.4.1 RISING NEED FOR COMPANIES TO IMPROVE DECISION-MAKING TO PROPEL MARKET
TABLE 95 SUPPLY CHAIN MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 96 SUPPLY CHAIN MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4.2 PRODUCT SOURCING
7.4.3 INVENTORY OPTIMIZATION
7.4.4 DEMAND FORECASTING
7.4.5 ORDER MANAGEMENT
7.4.6 MATERIAL SOURCING & PROCUREMENT
7.4.7 SUPPLIER RELATIONSHIP MANAGEMENT
7.4.8 OTHER SUPPLY CHAIN MANAGEMENT SUB-APPLICATIONS
7.5 STRATEGY MANAGEMENT
7.5.1 INTEGRATING AI TO REVOLUTIONIZE STRATEGY MANAGEMENT BY EMPOWERING INNOVATION AND COMPETITIVENESS
TABLE 97 STRATEGY MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 98 STRATEGY MANAGEMENT: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
7.5.2 MARKET FORECAST & ANALYTICS
7.5.3 CUSTOMER INSIGHTS & FEEDBACK
7.5.4 COMPETITIVE INTELLIGENCE
7.5.5 SCENARIO PLANNING & SIMULATION
7.5.6 CUSTOMER BEHAVIOR ANALYSIS
7.5.7 PRICING OPTIMIZATION
8 AI IN CHEMICALS MARKET, BY END USER
8.1 INTRODUCTION
8.1.1 END USERS: AI IN CHEMICALS MARKET DRIVERS
FIGURE 46 ACTIVE INGREDIENTS SEGMENT TO GROW AT LARGEST MARKET DURING FORECAST PERIOD
TABLE 99 AI IN CHEMICALS MARKET, BY END USER, 2019–2023 (USD MILLION)
TABLE 100 AI IN CHEMICALS MARKET, BY END USER, 2024–2029 (USD MILLION)
8.2 BASIC CHEMICALS
8.2.1 AI TO IDENTIFY EQUIPMENT FAILURES, MINIMIZE DOWNTIME, AND OPTIMIZE PRODUCTION OUTPUT
TABLE 101 BASIC CHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 102 BASIC CHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.2.2 PETROCHEMICALS & LUBRICANTS
8.2.3 COMMODITY CHEMICALS
8.2.4 INORGANIC CHEMICALS & GASES
8.3 ADVANCED MATERIALS
8.3.1 AI TO REFINE RAW MATERIAL SELECTION, ENHANCE PRODUCT DESIGN AND DEVELOPMENT, AND OPTIMIZE INVENTORY AND SUPPLY CHAIN MANAGEMENT
TABLE 103 ADVANCED MATERIALS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 104 ADVANCED MATERIALS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3.2 COMPOSITES
8.3.3 NANOMATERIALS
8.3.4 SPECIALTY POLYMERS
8.3.5 OTHER ADVANCED MATERIALS
8.4 ACTIVE INGREDIENTS
8.4.1 AI TO DEVELOP, OPTIMIZE, AND ENHANCE EFFICACY AND SAFETY OF ACTIVE INGREDIENTS
TABLE 105 ACTIVE INGREDIENTS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 106 ACTIVE INGREDIENTS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.4.2 AGROCHEMICALS
8.4.3 FLAVOR & FRAGRANCE CHEMICALS
8.4.4 PERSONAL CARE & CLEANING PRODUCTS
8.4.5 OTHER ACTIVE INGREDIENTS
8.5 GREEN & BIOCHEMICALS
8.5.1 NEED TO REDUCE GLOBAL WARMING AND CARBON EMISSIONS TO FUEL DEMAND FOR AI SOLUTIONS IN GREEN AND BIOCHEMICALS SECTOR
TABLE 107 GREEN & BIOCHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 108 GREEN & BIOCHEMICALS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.5.2 BIOFUELS
8.5.3 BIOPLASTICS
8.5.4 BIO-BASED CHEMICALS
8.5.5 OTHER GREEN & BIOCHEMICAL PRODUCTS
8.6 PAINTS & COATINGS
8.6.1 PAINTS & COATINGS SECTOR TO GAIN COMPETITIVE ADVANTAGES, STREAMLINE OPERATIONS, AND IMPROVE PRODUCT QUALITY WITH AI
TABLE 109 PAINTS & COATINGS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 110 PAINTS & COATINGS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.7 ADHESIVES & SEALANTS
8.7.1 RISING ADOPTION OF AI TECHNOLOGY TO ENHANCE FORMULATION TO PRODUCTION PROCESSES TO DRIVE MARKET
TABLE 111 ADHESIVES & SEALANTS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 112 ADHESIVES & SEALANTS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.8 WATER TREATMENT & SERVICES
8.8.1 RISING DEMAND TO OPTIMIZE PROCESSES RELATED TO WATER TREATMENT AND IMPROVE EFFICIENCY AND RESOURCE UTILIZATION TO BOOST MARKET GROWTH
TABLE 113 WATER TREATMENT & SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 114 WATER TREATMENT & SERVICES: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
8.9 OTHER END USERS
TABLE 115 OTHER END USERS: AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 116 OTHER END USERS: AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
9 AI IN CHEMICALS MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 47 INDIA TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 48 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 117 AI IN CHEMICALS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 118 AI IN CHEMICALS MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA: AI IN CHEMICALS MARKET DRIVERS
9.2.2 NORTH AMERICA: IMPACT OF RECESSION
FIGURE 49 NORTH AMERICA: MARKET SNAPSHOT
TABLE 119 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 120 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 121 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 122 NORTH AMERICA: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 123 NORTH AMERICA: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 124 NORTH AMERICA: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 125 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 126 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 127 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 128 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 129 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 130 NORTH AMERICA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 131 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 132 NORTH AMERICA: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 133 NORTH AMERICA: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 134 NORTH AMERICA: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 135 NORTH AMERICA: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2019–2023 (USD MILLION)
TABLE 136 NORTH AMERICA: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2024–2029 (USD MILLION)
TABLE 137 NORTH AMERICA: AI IN CHEMICALS MARKET, BY END USER, 2019–2023 (USD MILLION)
TABLE 138 NORTH AMERICA: AI IN CHEMICALS MARKET, BY END USER, 2024–2029 (USD MILLION)
9.2.3 US
9.2.3.1 Dominance of chemical industry, presence of leading companies, and funding from government to drive market
TABLE 139 US: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 140 US: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 141 US: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 142 US: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 143 US: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 144 US: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 145 US: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 146 US: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 147 US: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 148 US: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 149 US: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 150 US: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
9.2.4 CANADA
9.2.4.1 Canada’s AI investments to fuel chemical industry with innovation and global competitiveness
TABLE 151 CANADA: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 152 CANADA: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 153 CANADA: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 154 CANADA: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 155 CANADA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 156 CANADA: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 157 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 158 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 159 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 160 CANADA: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 161 CANADA: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 162 CANADA: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
9.3 EUROPE
9.3.1 EUROPE: AI IN CHEMICALS MARKET DRIVERS
9.3.2 EUROPE: IMPACT OF RECESSION
TABLE 163 EUROPE: AI IN CHEMICALS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 164 EUROPE: AI IN CHEMICALS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 165 EUROPE: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 166 EUROPE: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 167 EUROPE: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 168 EUROPE: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 169 EUROPE: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 170 EUROPE: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 171 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 172 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 173 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 174 EUROPE: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 175 EUROPE: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 176 EUROPE: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 177 EUROPE: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)
TABLE 178 EUROPE: AI IN CHEMICALS MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)
TABLE 179 EUROPE: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2019–2023 (USD MILLION)
TABLE 180 EUROPE: AI IN CHEMICALS MARKET, BY BUSINESS APPLICATION, 2024–2029 (USD MILLION)
TABLE 181 EUROPE: AI IN CHEMICALS MARKET, BY END USER, 2019–2023 (USD MILLION)
TABLE 182 EUROPE: AI IN CHEMICALS MARKET, BY END USER, 2024–2029 (USD MILLION)
9.3.3 UK
9.3.3.1 Government investments in AI research and training and demand for advanced chemical products to spur market growth
9.3.4 GERMANY
9.3.4.1 Robust AI research hubs and strong research-industry collaboration to propel chemical innovation
TABLE 183 GERMANY: AI IN CHEMICALS MARKET, BY COMPONENT, 2019–2023 (USD MILLION)
TABLE 184 GERMANY: AI IN CHEMICALS MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
TABLE 185 GERMANY: AI IN CHEMICALS MARKET, BY HARDWARE, 2019–2023 (USD MILLION)
TABLE 186 GERMANY: AI IN CHEMICALS MARKET, BY HARDWARE, 2024–2029 (USD MILLION)
TABLE 187 GERMANY: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION)
TABLE 188 GERMANY: AI IN CHEMICALS MARKET, BY SOFTWARE TYPE, 2024–2029 (USD MILLION)
TABLE 189 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 190 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 191 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION)
TABLE 192 GERMANY: AI IN CHEMICALS SOFTWARE MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
TABLE 193 GERMANY: AI IN CHEMICALS MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 194 GERMANY: AI IN CHEMICALS MARKET, BY SERVICE, 2024–2029 (USD MILLION)
9.3.5 FRANC
