The advent of nanotechnology has been one of the major factors influencing the growth of the materials and chemicals domain in recent times. This new branch of science has enabled manufacturers to develop specialty chemicals and smart materials that adapt to the environment around them. Moreover, the growing concerns related to pollution caused by chemical production companies have led to a surge in demand for green compounds and solutions. This transition toward sustainability has opened new investment avenues in the materials and chemicals sector. In addition, the advent of Artificial Intelligence, Machine Learning, data analytics, and 3D printing has created favorable conditions for the growth of the industry.
In January 2025, Nexeo Plastics, a thermoplastic resin company, announced a partnership with Shell Polymers, a major polyethylene supplier, to expand its distribution network in the US and Canada. Under this collaboration, Nexeo Plastics’ High-Density Polyethylene (HDPE) Injection and Blow Molding products will be supplied to various end-use industries, such as consumer goods manufacturing, healthcare, and packaging in the North American region. The partnership is expected to boost the revenue share of both companies in the future.
In January 2025, Oerlikon Barmag, a German manmade fiber manufacturer, issued a press release reporting its collaboration with Evonik, a specialty chemicals company. As part of this business deal, both firms have agreed to develop advanced Polyethylene terephthalate (PET) waste recycling techniques to promote a sustainable circular economy. Moreover, these companies are focusing on improving the quality of depolymerization and purification processes, thereby strengthening their position in the industry.
In March 2025, Shein, an online fashion retail brand, signed a definitive agreement with Transfar Chemicals, a textile composites and chemicals company, to design new digital textile dyeing and finishing technologies. Furthermore, the partnership is aimed at developing advanced functional fabrics to meet the evolving demands of their consumer base. The press release issued by Shein highlighted that while formulating these new techniques and methodologies, the emphasis will be on sustainable processing and waste management.
In January 2025, Insecticides (India) Limited (IIL), a major crop protection and nutrition company, unveiled Centran, a revolutionary insecticide product. Designed especially for stem borers in paddy crops, Centran’s dual-action formula helps farmers increase their farm productivity in the long run. The solution aids in boosting plant root growth and providing superior crop yields. Moreover, the insecticide also promotes vigorous tiller growth, thereby enhancing the profit margins of the farmer.
In February 2025, Sudarshan Chemicals, an Indian color and pearlescent pigment manufacturer, announced the launch of a new line of five pioneering pigments. Developed for agro-based applications, these products, viz., Sudafast Red 336AG, Sudafast Blue 2786AG, Sudafast Green 2717AG, Sudafast Green 2730AG, and Sudaperm Violet 2940AG, are aimed to cater to the demands of both domestic and international agriculture markets. The stability and effectiveness offered by these solutions have helped the company enhance its presence globally.
Again, in February 2025, BASF, the largest chemical manufacturing company in the world, launched HySorb B 6610 ZeroPCF, a superabsorbent polymer product. BASF, in its press release, stated that the company adopted a biomass balance approach to manufacture this product. Moreover, the use of renewable energy for manufacturing processes has made HySorb B 6610 ZeroPCF a carbon-neutral polymer. The product also received ISCC Plus certification, which is reserved for biobased and recyclable products.
In February 2025, a research article published in Inspenet, a digital platform for the energy sector, highlighted the growing importance of catalysis and other associated processes in the chemical manufacturing industry. This advanced set of techniques has been used to refine different hydrocarbons, synthesize new polymer products, and improve the overall efficiency and productivity in various pharmaceutical manufacturing procedures. Coupled with nanotechnology, this technology has enabled companies to simplify complicated chemical operations, thus improving their overall profitability in the long run.
In March 2025, Rossari Biotech, an Indian chemical manufacturing firm, reported its latest investments and advancements in the textile chemicals segment. Vikram Rewar, the Business Head of the company, stated that Rossari Biotech has been focusing on sustainability initiatives in the recent past to decarbonize their operations and enhance their footprint in the industry. Additionally, the integration of advanced technologies such as IoT, automation, and data analytics has enabled the company to develop products like smart textiles that have augmented the growth rate of the company.
Another time, in March 2025, a group of researchers from the National Institute of Technology in Andhra Pradesh, India, published a paper on the efficacy of ceramic membrane technology in various chemical industrial applications. The study explores the various properties and features offered by this innovation, including biological resistance, thermal and chemical stability, and durability. Furthermore, the research also provides insights into the growing applicability of ceramic membrane techniques in wastewater treatment, food processing, gas separation, and pharmaceutical manufacturing.
To summarize, the materials and chemicals sector witnessed immense growth in the first quarter of 2025 on account of the various strategic alliances established by leading companies in the sector. Moreover, the innovative products developed and launched by multinational giants have broadened the scope of the industry in recent times. In addition, the rise in investments in various technological advancements has accelerated sectoral growth in the past few years. Apart from this, the integration of AI, 3D printing, data analytics, etc., is expected to create favorable conditions for the growth of the industry in the coming period. The transition toward sustainability also transformed the sector in Q1 2025.