{"id":932,"date":"2021-04-28T10:27:26","date_gmt":"2021-04-28T08:27:26","guid":{"rendered":"http:\/\/matchplat.local\/italian-chemical-industry-characteristics-evolution-of-sector\/"},"modified":"2021-04-28T10:27:26","modified_gmt":"2021-04-28T08:27:26","slug":"italian-chemical-industry-characteristics-evolution-of-sector","status":"publish","type":"post","link":"https:\/\/www.matchplat.com\/en\/italian-chemical-industry-characteristics-evolution-of-sector\/","title":{"rendered":"Italian chemical industry: characteristics and evolution of the sector"},"content":{"rendered":"<p><\/p>\n<p>The <strong>Italian chemical industry<\/strong> is one of the leading players in national economy: this is borne out by the figures provided by <a href=\"https:\/\/federchimica.it\/industria-chimica-in-cifre\/il-volto-della-chimica-in-italia\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Federchimica<\/a>.<\/p>\n<p>It is a sector with a high added value production: over <strong>55 billion euros<\/strong>, equal to <strong>9.5% of the European total<\/strong>. Figures that make it the <strong>fourth largest sector<\/strong> in Italian industry.<\/p>\n<p>How has the sector grown in recent years? What are the prospects for the coming months and what solutions could companies employ to do even better?<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-8555 lazyload\" data-src=\"https:\/\/www.matchplat.com\/wp-content\/uploads\/2021\/04\/CHIMICO-2.png\" alt=\"Industria chimica: immagine di un impiant\/Chemical industry: image of an industrial plant\" width=\"1920\" height=\"1150\" title=\"Matchplat\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1920px; --smush-placeholder-aspect-ratio: 1920\/1150;\"><\/p>\n<h3>The chemical sector: between specialisation and innovation<\/h3>\n<p>Let&#8217;s start with some numbers.<\/p>\n<p>The <strong>Italian chemical industry<\/strong> has considerable weight in the European and global context: it is the <strong>third largest on the continent<\/strong> and <strong>twelfth largest globally<\/strong>. The connections between companies in the European market are so deep that it can be considered a <strong>real domestic market<\/strong> for our companies.<\/p>\n<p>There are around <strong>2,800<\/strong> of them and they employ more than <strong>112,000 highly qualified people<\/strong>: the level of specialisation of their staff is one of the sector&#8217;s strengths. This is compounded by investment in research and development.<\/p>\n<p>According to a report by <a href=\"https:\/\/www.federchimica.it\/docs\/default-source\/la-chimica-in-cifre\/l&#039;industria-chimica-in-cifre_mag2019.pdf?sfvrsn=e0e57493_45\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Federchimica<\/a>, around <strong>50% of companies<\/strong> in Italy have an <strong>in-house R&amp;D department<\/strong>. 56% of the companies surveyed have developed product innovation activities, compared to an average of 35% in the manufacturing sector. A considerable proportion of companies also carry out <strong>process innovation<\/strong> (around 49% of the sample).<\/p>\n<p>These data allow us to understand how the numerous <strong>chemical sub-industries<\/strong> play a <strong>fundamental role<\/strong> in the production and distribution of high-tech products: the intermediate goods sold are incorporated into subsequent processes, thus increasing the <strong>diffusion of innovative solutions<\/strong>.<\/p>\n<p>This is why chemistry plays a major role in promoting the transition of the entire industry towards new production models: <strong>more sustainable<\/strong>, <strong>less polluting<\/strong> and <strong>more efficient<\/strong>.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-8557 lazyload\" data-src=\"https:\/\/www.matchplat.com\/wp-content\/uploads\/2021\/04\/CHIMICO-3.png\" alt=\"Industria chimica: immagine di un laboratorio\/Chemical industry: image of a lab\" width=\"1920\" height=\"1150\" title=\"Matchplat\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1920px; --smush-placeholder-aspect-ratio: 1920\/1150;\"><\/p>\n<p>Chemistry can therefore play a leading role in the <strong>ecological transition<\/strong> promoted by the European Union: a path of industrial reconversion that will be decisive in the years to come. In this sense, talking about <strong>Chemistry 4.0<\/strong> is becoming increasingly common. Research in this field is progressing rapidly, and technologies such as <strong>Artificial Intelligence<\/strong> are proving to be decisive, as emerges from a <a href=\"https:\/\/www2.deloitte.com\/us\/en\/insights\/focus\/industry-4-0\/chemicals-industry-value-chain.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Deloitte research<\/a> dedicated to the subject.<\/p>\n<p>In particular, the most immediate benefits relate to <strong>increased productivity<\/strong> and <strong>reduced risk<\/strong>: the use of AI algorithms, for example, enables key information on production to be gathered, <strong>keeping plants under control<\/strong> and reducing emissions that are harmful to the environment. Many companies, such as the Austrian polyethylene and polypropylene specialist <a href=\"https:\/\/cnr.ncsu.edu\/news\/2020\/03\/artificial-intelligence-chemical-industry\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Borealis<\/a>, have already adopted similar solutions.<\/p>\n<h3>The importance of exports: sector growth and latest trends<\/h3>\n<p>Another <strong>distinctive feature<\/strong> of Italian chemicals is its <strong>strong international presence<\/strong>: from 2007 to 2019, there has been a steady increase in exports abroad (<strong>+37%<\/strong>).<\/p>\n<p>This has made it possible to <strong>contain the losses<\/strong> &#8211; in terms of know-how and employment &#8211; that followed the contraction of the domestic market with the 2009-2010 crisis.<\/p>\n<p>Italy has thus gained the <strong>second position<\/strong> among European nations exporting chemical products, surpassing even Germany: a result to which the great receptivity of <strong>non-EU markets<\/strong> certainly contributes.<\/p>\n<p>Here, in 2019, our trade balance registered a positive balance of <strong>2.2 billion euros<\/strong>.<\/p>\n<p>In addition to the geographical data, there are also differences between the <strong>various sectors<\/strong>: the result for <strong>fine and specialised chemicals<\/strong> is particularly significant, with a <strong>positive surplus of \u20ac4.2 billion<\/strong> in the same period.<\/p>\n<p>What are the prospects for the coming months in view of the recovery?<\/p>\n<p>The most recent figures show a rebound in chemical exports to foreign countries: a result to which the <strong><a href=\"https:\/\/www.matchplat.com\/il-settore-farmaceutico-scenari-e-nuove-prospettive\/\" target=\"_blank\" rel=\"noopener noreferrer\">pharmaceutical sector<\/a> <\/strong>certainly contributes with its growing demand for components in recent months.<\/p>\n<p>After the operational difficulties of 2020, we are therefore facing a <strong>crucial moment<\/strong> for our companies. The <a href=\"https:\/\/www.infomercatiesteri.it\/osservatorio-economico-commercio-estero.php\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Economic Observatory of the Ministry of Foreign Affairs<\/a> shows an increase in exports for chemical products on a <strong>cyclical basis<\/strong> in January\/February 2021 (+0.2%).<\/p>\n<p>Although growth is limited, the trend is therefore positive: how can we make the most of it for a sector that has always been at the heart of our economy?<\/p>\n<h3>Technology and market analysis<\/h3>\n<p>The answer to this question is based on several factors: on the one hand, the increasing use of new <strong>technological solutions<\/strong>, and on the other, an <strong>essential study of the international context<\/strong>.<\/p>\n<p>This is a new sensibility that more and more companies are adopting: as mentioned above, research and development are the hallmarks of an extremely broad and complex industry.<\/p>\n<p>From <strong>household detergents<\/strong> to <strong>fertilisers<\/strong>, pharmaceutical preparations and medicinal gases, these are just some of the many facets of the sector. The main objective remains the same for all of them: to continue to enhance the value of their products by continuously improving their offerings.<\/p>\n<p>In a changing environment, building <strong>valuable relationships<\/strong> along the entire <strong>supply chain<\/strong> is a commitment that can no longer be postponed and is destined to result in new business opportunities.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Italian chemical industry is one of the leading players in national economy: this is borne out by the figures provided by Federchimica. It is a sector with a high added value production: over 55 billion euros, equal to 9.5% of the European total. Figures that make it the fourth largest sector in Italian industry. [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[23,13],"tags":[],"class_list":["post-932","post","type-post","status-publish","format-standard","hentry","category-markets-and-supply-chains","category-portfolio-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/comments?post=932"}],"version-history":[{"count":0,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/932\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/media?parent=932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/categories?post=932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/tags?post=932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}