Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

IoT in Chemical Industry Market to Grow USD 106490 Million by 2028 with a CAGR of 8.5% | Valuates Reports

This image opens in the lightbox

News provided by

Valuates Reports

06 Oct, 2022, 16:00 GMT

Share this article

Share toX

Share this article

Share toX

BANGALORE, India, Oct. 6, 2022 /PRNewswire/ -- The Global IoT in Chemical Industry is Segmented by Type (Enabling Technology, Operational Technology), Applications of IoT in Chemical Industry (Mining and Metals, Chemicals, Paper & Pulp): Global Opportunity Analysis and Industry Forecast, 2022-2028.  It is published in Valuates Reports under the Chemicals Industry Category.


Due to the COVID-19 pandemic, the global IoT in Chemical Industry market size is estimated to be worth USD 65310 Million in 2022 and is forecast to a readjusted size of USD 106490 Million by 2028 with a CAGR of 8.5% during the review period.

Major factors driving the growth of IoT in Chemical Industry market are:

The IoT in Chemical Industry market is driven by the rising use of industrial robots, the development of IoT, the rising need for intelligent automation solutions, and the growing importance of regulatory compliances.

Get Your Sample Today: https://reports.valuates.com/request/sample/QYRE-Auto-19I1899/Global_IoT_in_Chemical_Industry 

Inquire for Chapter Cost: https://reports.valuates.com/request/chaptercost/QYRE-Auto-19I1899/Global_IoT_in_Chemical_Industry 

TRENDS INFLUENCING THE GROWTH OF IOT IN CHEMICAL INDUSTRY MARKET:

Companies that manufacture chemicals can improve operations and encourage strategic expansion thanks to IoT technologies. To reduce operating expenses, businesses can also track and analyze the energy and other resources used by crucial operations. IoT-enabled solutions collect data from equipment to monitor variables that control process performance and product quality. Automation in the industry improves productivity and yields better outcomes. These factors are expected to drive the growth of IoT in chemical industry market

Automation in the Chemical industry improves productivity and yields better outcomes. The IoT may streamline a number of activities and procedures for businesses involved in the manufacturing and distribution of chemicals, including the provision of smart machines, increased capacity for large data storage, and assistance with system and asset optimization. Chemical firms can generate profitable commercial results and develop into intelligent enterprises by fusing the IoT with machine learning.

The chemical industry benefits from IoT adoption in terms of increased productivity, increased revenue, and greater asset utilization. As a result, it is anticipated that the IoT in Chemical Industry market would grow throughout the forecast period. IoT in the chemical sector is enhancing all-around job site safety. Chemical industry sites are outfitted with IoT devices and sensors that keep an eye on a number of operational aspects and alert the team if they detect potential safety issues.

The global IoT in chemical industry market is also expected to grow as a result of widespread adoption of the internet of things (IoT) in a number of applications, including petrochemicals & polymers, specialty chemicals, fertilizers & agrochemicals, consumer chemicals, industrial gasses, and water management. Additionally, a significant increase in industrial robot use in the chemical industry would positively impact market trends worldwide.

Browse The Table Of Contents And List Of Figures At: https://reports.valuates.com/market-reports/QYRE-Auto-19I1899/global-iot-in-chemical-industry 

IoT IN CHEMICAL INDUSTRY MARKET SHARE

The IoT in chemical industry market is anticipated to have the highest share in the APAC region. The market in the region is being driven by rising chemical output in China, India, Indonesia, and Thailand as well as rising urbanization and industrialization. The market for IoT in the chemicals industry will also grow as a result of the expansion of mining and metals companies in the area.

During the anticipated period, the market for IoT in the chemical industry is anticipated to be led by enabling technologies. The demand for digital transformation, which is driving the market for IoT in the chemical industry, is being driven by rising environmental concerns due to chemical releases from plants, growing emphasis on the circular economy, and growing concern about reducing the risk associated with the chemical and metal industries.

The industry segment for chemicals is predicted to increase at the fastest rate. This is due to the rise in specialty chemical demand in cutting-edge engineering processes and the expansion of chemical products across numerous locations. The expansion of the petrochemical and specialized chemical sectors has a direct impact on the expansion of the chemical industry.

Get Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-19I1899/Global_IoT_in_Chemical_Industry 

Key Companies:

  • Siemens
  • GE
  • ABB
  • Rockwell Automation
  • Emerson Electric
  • Yokogawa Electric
  • Honeywell International
  • Mitsubishi Electric
  • Schneider Electric.

Buy Now for Single User + Covid-19 Impact : 

https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-19I1899&lic=single-user 

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS:

-  The global IoT in Manufacturing market size is projected to reach USD 1148.9 million by 2028, from USD 550.2 million in 2021, at a CAGR of 10.6% during 2022-2028. The managed services segment is expected to grow at the highest CAGR during the forecast period.

-  The global IoT Sensors market size is estimated to be worth USD 11500 million in 2022 and is forecast to a readjusted size of USD 31060 million by 2028 with a CAGR of 18.0% during the forecast period.

-  In 2020, the global Chemical Sensors market size was USD 28750 million and it is expected to reach USD 47700 million by the end of 2027, with a CAGR of 7.5% during 2021-2027.

-  The global IoT market size is projected to reach USD 74630 million by 2028, from USD 34250 million in 2021, at a CAGR of 11.6% during 2022-2028.

-  The global IoT Fleet Management Market size is projected to reach USD 26410 million by 2027, from USD 6955.7 million in 2020 at a Compound Annual Growth Rate (CAGR) of 21.0% during 2021-2027.

-  The global IoT Cloud Platform market size is projected to reach USD 10330 million by 2028, from USD 3108.9 million in 2021, at a CAGR of 18.2% during 2022-2028.

-  The global Internet of Things (IoT) Security market size is projected to reach USD 7722.1 million by 2028, from USD 2087.8 million in 2021, at a CAGR of 20.3% during 2022-2028.

-  The global Internet of Things in Retail market size is projected to reach USD 40340 million by 2027, from USD 20280 million in 2020, at a Compound Annual Growth Rate (CAGR) of 10.2% during 2021-2027.

-  The global IoT Device Management market size is projected to reach USD 7668.1 Million by 2028, from USD 1783.2 Million in 2021, at a CAGR of 22.6% during 2022-2028.

-  In 2020, the global IoT Chip market size was USD 39880 million and it is expected to reach USD 109140 million by the end of 2027, with a CAGR of 15.5% during 2021-2027.

-  The global IoT Engineering Services market size is projected to reach USD 44280 Million by 2028, from USD 12100 Million in 2021, at a CAGR of 19.8% during 2022-2028.

-  The global IoT Managed Services market size is projected to reach USD 138.5 million by 2026, from USD 68 million in 2020, at a CAGR of 12.7% during 2021-2026.

-  The global IoT Platforms market size is projected to reach USD 20720 million by 2028, from USD 4574.3 million in 2021, at a CAGR of 23.8% during 2022-2028.

-  The global Industrial IoT (IIoT) market size is projected to reach USD 102460 million by 2028, from USD 71160 million in 2021, at a CAGR of 5.3% during 2022-2028.

-  The global IIoT Platform market size is projected to reach USD 19780 million by 2028, from USD 3587 million in 2021, at a CAGR of 27.1% during 2022-2028.

-  The global Internet of Things (IoT) Security market size is projected to reach USD 7722.1 million by 2028, from USD 2087.8 million in 2021, at a CAGR of 20.3% during 2022-2028.

-  Global IoT in Elevators Market Size, Status and Forecast 2022-2028

-  Global Sensors in Internet of Things (IoT) Market Insights, Forecast to 2028

-  Global IoT in Portable Water Monitoring Market Size, Status and Forecast 2021-2027

-  The global environmental sensor market size is projected to reach USD 1798.7 million by 2027 from USD 1296.2 million in 2020 at a CAGR of 5.6% during 2021-2027.

Click here to see related reports on IoT in chemical Industry

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

CONTACT US:

Valuates Reports
sales@valuates.com 
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg

Modal title

Also from this source

Coolant Distribution Units for Data Centers Market to Soar as AI and HPC Drive Cooling Demand | Valuates Reports

Coolant Distribution Units for Data Centers Market to Soar as AI and HPC Drive Cooling Demand | Valuates Reports

The global market for Coolant Distribution Units (CDU) for Data Center was valued at USD 971 Million in the year 2024 and is projected to reach a...

Customized Premixes Market to Reach USD 1.47 Billion by 2030, Driven by Demand for Personalized Nutrition | Valuates Reports

Customized Premixes Market to Reach USD 1.47 Billion by 2030, Driven by Demand for Personalized Nutrition | Valuates Reports

The Global Customized Premixes Market was valued at USD 1186.1 Million in 2023 and is anticipated to reach USD 1474.2 Million by 2030, witnessing a...

More Releases From This Source

Explore

Cloud Computing/Internet of Things

Cloud Computing/Internet of Things

Computer & Electronics

Computer & Electronics

Chemical

Chemical

Chemical

Chemical

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.