At the 2023 FlexPO+ (now incorporated into the ADI Forum), Uday Turaga, CEO, ADI Analytics, presented the outlook for the chemicals markets in the coming year. Key topics included the ongoing commoditization of specialty chemicals, the significant shift of production capacity towards China, and strategies for combating commoditization. Despite a challenging 2022, the long-term trend showed increased returns for specialty chemicals. Companies were addressing commoditization by differentiating products through tailored grades and integrated offerings.
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ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
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