Industry leaders and investors are planning significant investment across innovation themes, with industry leaders being more bullish.

Planned investment in the next two years by investment theme,¹ % of respondents

Average

Investors

Incumbents

Average

<$50M

$50-100M

$101-500M

>$500M

Discovery

AI-assisted chemical discovery

Production

Decentralized chemical production

Chemical process innovation

CO₂ to chemicals

Biofeedstock and bioprocesses

Delivery

Digital platforms & e-commerce

Traceability of chemicals

Application

Specialty materials for sustainability

Specialty materials for other new applications

Management

Circularity of plastics

Circularity of chemicals

¹

Taken from question, “How much does your company plan to invest for each of the below innovation themes?”

Source: Innovation survey in the chemicals sector 2022 (North America), McKinsey, 2022

McKinsey & Company

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¹

Taken from question, “How much does your company plan to invest for each of the below innovation themes?”

Source: Innovation survey in the chemicals sector 2022 (North America), McKinsey, 2022

McKinsey & Company

AI-assisted chemical discovery

Discovery

Production

Delivery

Application

Management

Decentralized chemical production

Chemical process innovation

CO₂ to chemicals

Biofeedstock and bioprocesses

Digital platforms & e-commerce

Traceability of chemicals

Specialty materials for sustainability

Specialty materials for other new applications

Circularity of plastics

Circularity of chemicals

<$50M

$50-100M

$101-500M

>$500M

Average

Investors

Incumbents

Industry leaders and investors are planning significant investment across innovation themes, with industry leaders being more bullish.

Average

Investors

Incumbents

Planned investment in the next two years by investment theme,¹ % of respondents