23 May 2012 16:07 [Source: ICIS news]
LONDON (ICIS)--A top 100 chemical company in ?xml:namespace>
"Targeted consolidation in the chemicals and materials industry continues as one of the main highlights of recent years but the number of closed deals will be smaller due to widespread lack of cash availability," the research and consulting company said.
“However, in 2012 we will witness a mega acquisition of a top 100 global chemicals company headquartered in
It believes that certain speciality players in
The prediction is made in a report on the impact of megatrends on the chemicals, materials and food industries.
The report focuses on four trends to do with the low carbon economy, health and wellness, what Frost & Sullivan calls “functionality and performance”, and globalisation.
“Green products like bioplastics, high demand for innovative chemicals and materials, and industry consolidation will dominate the chemicals and materials industry across
It sees food, mobility and construction as core growth markets for 2012 driven by the emerging economies.
The priority growth markets for construction and utilities players are
“In particular, the Indian demand for chemicals will grow on the back of massive growth in end-user industries such as automotive production.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|