The old adage ‘change is the only constant’ holds true for every industry, particularly the chemical manufacturing industry. Frequent fluctuation in pricing of the raw material, changing customer expectations, regulations and compliance-related requirements, and technological trends, are driving manufacturers to adapt to new technologies. And, despite these changes, the chemical manufacturing sector has always enjoyed a positive growth over the years, even amid the ongoing COVID-19 pandemic.
This is because a majority of chemical manufacturers are proactively improving and upgrading themselves by adopting the latest technological trends. Furthermore, they are investing in digital transformation initiatives which combine people, technology, and business processes.
Chemical manufacturers are using smart manufacturing—a combination of machine learning and advanced analytics—to improve productivity and efficiency. This approach is making the right manufacturing information available at the right place and time, for smarter decision making. This is further driving success when manufacturers are creating their own IoT ecosystems to get real-time actionable data. By equipping machines and other equipment at the shop floor with automated systems, chemical manufacturers are being able to monitor every operation in real-time, which is facilitating better remote diagnosis, proactive maintenance, and greater asset optimization.
At this juncture, many cutting-edge chemical technology solution providers are entering the domain with advanced and integrated offerings. To help the chemical sector strengthen its operational capabilities and simultaneously enable growth in the industry, Manufacturing Technology Insights has compiled a list of the top chemical technology solution providers. The list comprises prominent organizations in the industry that address issues pertinent to the chemical sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CXOs.
We present to you Manufacturing Technology Insights’ “Top 10 Chemical Tech Solution Providers – 2020.”
![Halliburton [NYSE:HAL]](https://www.manufacturingtechnologyinsights.com/company_logos/t2k0j222.jpg "Halliburton [NYSE:HAL]")
