The chemicals industry is currently facing significant challenges driven by sustainability demands, regulatory pressures, and supply chain disruptions. Environmental regulations are becoming stricter, pushing companies to reduce emissions, manage waste more efficiently, and adopt greener technologies. These transitions often come with high costs, especially as the industry grapples with rising energy prices and raw material shortages. Global supply chain disruptions, particularly due to geopolitical tensions and the pandemic, have further complicated production, causing delays and increasing costs.

In addition to environmental and supply issues, the industry faces technological and workforce challenges. While digitalisation offers the potential for greater efficiency, many companies are struggling to keep up with technological advancements. Simultaneously, a talent shortage, especially in sustainability and chemical engineering roles, adds to the difficulty of modernizing operations. Companies are also dealing with profitability pressures as rising costs and the demand for eco-friendly products reshape the market landscape. Adaptation to these shifts will be essential for the industry’s future resilience and growth.