Chemical Plants to Become Smaller, More Modular

March 25, 2014
Diversification into renewable chemical feedstock will pave the way for an integrated, safe and sustainable industry, according to report.

More efficient, modular chemical plants are replacing large-scale facilities as one of many growing trends in an evolving chemical industry, Frost and Sullivan said in a recent report.

Smaller plants with enhanced capabilities could improve plant efficiency by 30 percent, according to the Frost report. Future chemical plants will use smarter processes and plant designs and an integrated system that will sense, respond and sustain feedstock flexibility, productivity, safety and profitability.

In addition, the share of bio-based chemicals will grow to about 15 percent to 18 percent of global chemical sales by 2025.

“Application and material advancements, particularly in fast-growth regions such as Asia-Pacific, are widening the scope of the chemicals market,” said Frost and Sullivan Industrial Automation and Process Control Research Analyst Sonia Francisco. “While emerging countries such as Turkey are taking steps to establish their chemicals market, others like Russia will continue to modernize infrastructure to support growth.”

Chemical manufacturers will focus on integrated value chains, innovation and technology management and chemical recycling to ensure growth and sustainability, Frost and Sullivan reports.

For more information, visit www.frost.com.

Sponsored Recommendations

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.
Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...
See how Rosemount™ 625IR Fixed Gas Detector helps keep workers safe with ultra-fast response times to detect hydrocarbon gases before they can create dangerous situations.
The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.