Many companies in this market are
adopting IoT (Internet of Things) technologies to connect equipment and smart
devices to garner real time insights and locate gaps in the manufacturing
process. The data obtained is processed, analyzed and interpreted by plant
managers and senior level management to improve quality and achieve optimum
production levels. For example, smart systems give information on the working
condition and performance of chemical reactors with embedded software and
analytics tools to notify plant operators and managers on possible machine
breakdowns.
Asia Pacific was the largest
geographic region in the market, accounting for over 35% of the global market.
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According to The Business
Research Company’s Consultant, Nitin Gianchandani, chemical companies are
rapidly adopting automated technologies which will allow them to enhance their
product quality. For instance, sensors are being installed at customer sites to
track their product performance. The sensors will enable the chemical provider
to advance their product.
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sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=407&type=smp
The general chemical product industry
comprises establishments primarily engaged in manufacturing general chemical
products (except basic chemicals, resins, synthetic rubber and other chemicals
mentioned in other segments).
General Chemical Product Global
Market Report 2018 is a detailed report giving a unique insight
into this market. The report is priced at $4000 for an individual user. To use
across your office, the price is $6000 and $8000 if you wish to use across a
multinational company.
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