--- title: 3 Changes on the World Stage that will Affect the Chemical Industry description: Here's a deeper look at three global changes that are going to affect the chemical industry this year and many years to come. image: https://info.noahtech.com/hubfs/Laboratoires_Arkopharma_-_Chaine_de_conditionnement_remplissage_piluliers.jpg --- [(210) 691-2000](tel:+1-210-691-2000) [![Logo2](https://info.noahtech.com/hs-fs/hubfs/Logo2.png?width=300&height=124&name=Logo2.png "Logo2")](http://noahchemicals.com) - [Home](https://noahtech.com/) - [Products](https://noahtech.com/products) - [About Us](https://noahtech.com/about-us) - [Contact](https://noahtech.com/contact) - [Home](https://noahtech.com) - [Product Search](https://noahtech.com/products) - [Our Products](https://noahtech.com/our-products) - [About Us](https://noahtech.com/about-us) - [Mission Statement](https://noahtech.com/about-us/mission-statement-and-quality-policy) - [News & Blog](https://noahtech.com/blog) - [Resources](https://noahtech.com/about-us/resources) - [Newsletter](https://info.noahtech.com/newsletter) - [Custom Manufacturing](https://noahtech.com/about-us/custom-manufacturing) - [FAQs](https://noahtech.com/about-us/faqs) - [Customer Support](https://info.noahtech.com/customer-support) - [Contact](https://noahtech.com/contact) - [Special Request Form](https://noahtech.com/about-us/mission-statement-and-quality-policy) - [Request a Quote](https://info.noahtech.com/request-a-quote) - [Customer Support](https://info.noahtech.com/customer-support?_ga=2.105203267.1728866925.1585494791-2131920613.1585264299) - [OpenCart Footer](https://noahtech.com/oc-footer) - [Quality Assurance](https://noahtech.com/quality-assurance) - [Credit Application](https://noahtech.com/credit-application) - [Thank you](https://noahtech.com/credit-application/thank-you) - [Privacy](https://noahtech.com/privac) - [Sitemap](https://noahtech.com/sitemap) - [Request a Quote](https://noahtech.com/request-a-quote) - [Landing page](https://noahtech.com/landing-page) - [Industries](https://noahtech.com/industries-1) [Request a Quote](https://noahchemicals.com/request-a-quote/) [Request a Quote](https://info.noahtech.com/request-a-quote?_ga=2.40772194.1728866925.1585494791-2131920613.1585264299) ![banner](https://info.noahtech.com/hubfs/NoahTech_April2020/img/banner.jpg) # 3 Changes on the World Stage that will Affect the Chemical Industry Diane Milner Feb 26, 2018 9:06:00 AM ![Laboratoires_Arkopharma_-_Chaine_de_conditionnement_remplissage_piluliers.jpg](https://info.noahtech.com/hs-fs/hubfs/Laboratoires_Arkopharma_-_Chaine_de_conditionnement_remplissage_piluliers.jpg?width=938&name=Laboratoires_Arkopharma_-_Chaine_de_conditionnement_remplissage_piluliers.jpg) The global chemicals industry is in a constant state of flux. It waxes and wanes like any other industry, but with so many subsectors to account for, the chemicals market is almost always *pivoting*, never *shrinking.* Let’s take a look at three recent events that will lead to noticeable differences within the chemicals industry for this year and beyond. 1. **Increased Globalization Leading to Niche Specializations** The overall acceleration of globalization means supply centers continue to shift. To respond to the need for strategic agility, [chemical suppliers around the world are specializing](https://info.noahtech.com/blog/how-the-chemical-industry-will-change-in-2018) to gain footing within specific segments of the market. Production lifecycles are shrinking, creating the demand for more optimized logistics processes between chemical suppliers and customers; specialized, service-oriented manufacturers are better positions to meet this need. As the commoditization process of products continues to speed up, specialty chemical producers will have advantages in the areas of adaptability and customization. 2. **Ripple Effects from the Paris Agreement** A little more than a year after its ratification, the [Paris Agreement](http://unfccc.int/paris_agreement/items/9485.php) is already leading to significant changes within the green chemicals industry and in the chemicals industry at large. The renewable energy sector (solar power, wind power, etc.) is especially poised for growth in the wake of national tax changes globally; this will result in higher demand for the chemicals involved in energy storage, such as batteries. [Biochemicals](https://info.noahtech.com/blog/chemistry-in-green-manufacturing) are also primed for a surge as purpose-grown crops and feedstock help ramp up production of “green” chemicals such as those used for textiles and manufacturing. 3. **Pharmaceutical Production Spurs Demand** The global pharmaceuticals market is in the middle of a steady period of growth. Product innovation is largely responsible, particularly within the areas of drug development and advanced research. Pharmaceutical chemical demand will mostly grow within the fine chemicals sector as the need for high-purity chemicals for both testing and production ramps up. A rush of new pharmaceutical companies (and the consolidation of many longstanding players) should continue to spur chemical demands from CDMOs. The world’s economic, political, and industrial climates are all inextricably linked to the chemicals industry. Chemical production relies on demand, and demand is always driven by the overall health and advancement of several key industries. Noah Chemicals is a leading name among global chemical suppliers. Our team of in-house chemists specialize in supplying [high-purity chemicals for R&D and production](https://info.noahtech.com/blog/how-much-does-chemical-purity-matter-in-manufacturing); we also maintain an [inventory of thousands of hard-to-find and commonly-requested chemicals](https://noahtech.com/products) and chemical compounds in stock. To learn more about the Noah Chemicals difference, reach out to our team today. From [custom chemicals](https://info.noahtech.com/special-request-form) to scalable scheduled orders, our [commitment to customer service](https://www.noahchemicals.com/about-noah) is where Noah Chemicals shines. [**Contact Noah Chemicals **](https://www.noahchemicals.com/contact-us) [Chemical Manufacturing](https://info.noahtech.com/blog/topic/chemical-manufacturing), [Chemical Industry](https://info.noahtech.com/blog/topic/chemical-industry) ## Read On ### [3 Upcoming Trends in the Chemical Manufacturing Sector for 2017 Things are looking bright for the chemical manufacturing sector in 2017 and beyond. With questions...](https://info.noahtech.com/blog/3-upcoming-trends-in-the-chemical-manufacturing-sector-for-2017) ### [Challenges Facing the Industrial Chemicals Sector According to a 2016 study by PWC, almost half of all chemicals CEOs say their companies are facing...](https://info.noahtech.com/blog/challenges-facing-the-industrial-chemicals-sector) ### [Challenges Facing the Industrial Chemicals Sector According to a 2016 study by PWC, almost half of all chemicals CEOs say their companies are facing...](https://info.noahtech.com/blog/challenges-facing-the-industrial-chemicals-sector-0) ![](https://info.noahtech.com/hs-fs/hubfs/May%202021%20-%20new%20images/tri-icon.png?width=100&name=tri-icon.png) ### QUALITY MATTERS Noah Technologies Corporation is committed to continually improving all of our processes and services. We do this in order to provide quality inorganic and specialty chemicals to our customers so that we exceed their requirements. 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