Artificial Intelligence (AI) in Chemicals Market - Databook 2025 to 2034

The global artificial intelligence (AI) in chemicals market size accounted for USD 1,800 million in 2024 and is predicted to touch around USD 29,130 million by 2034, growing at a CAGR of 32.1% from 2025 to 2034.

Highlights of the Artificial Intelligence (AI) in Chemicals Market

• North America dominated the AI in chemicals market in 2024.
• Europe is expected to show the fastest growth in the forecasted period of 2025-2034.
• By type, the services segment accounted for a considerable share of the market in 2024.
• By type, the software segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
• By application, the discovery of new materials segment registered its dominance over the market in 2024.
• By application, the production optimization segment is projected to experience the highest growth rate in the market between 2025 and 2034
• By end-use, the base chemicals & petrochemicals segment maintained a leading position in the market in 2024
• By end-use, the specialty chemicals segment is set to experience the fastest rate of market growth from 2025 to 2034.

Industry Valuation and Growth Rate Projection

The integration of artificial intelligence (AI) in chemical manufacturing is increasing due to the advantages that come along with AI and machine learning, such as automation of data extraction, supply chain planning and quality testing. AI and ML are applied for drug discovery, molecule designing, retrosynthesis reaction, detection of molecular properties, predictive analysis, and proper decision-making.

AI enhances efficiency in research and development (R&D) for the discovery of new materials and product optimization. The AI in the chemicals market is growing with the adoption of AI-integrated software and hardware by large organizations, laboratories, and Contract Research Organizations (CROs).

Artificial Intelligence (AI) in Chemicals Market: Stats and Figures

• According to the reports by CISA, there are 11,128 chemical manufacturing facilities in the U.S.

Industry Leader Announcements

• Laurent Pasqualini, CEO of Manuchar:

“Joining FECC marks an important milestone for Manuchar, reinforcing our commitment to operational excellence, compliance, and sustainability, Collaboration is key to shaping a more responsible supply chain, and through this membership, we look forward to strengthening industry partnerships, driving innovation, and contributing to a more sustainable future for chemical distribution.”

• Piyush Jindal, Group Director at Safex Chemicals:

"The SAP integration aligns perfectly with our global expansion strategy and long-term mission. By digitizing and streamlining our core processes, we have gained the bandwidth to focus on innovation and market leadership. The implementation has already enabled the launch of our E-commerce platform 'Golden Farms,' bringing us closer to end consumers."

Geographical Insights

North America

North America dominated AI in the chemicals market in 2024. The large market share is the result of an increase in awareness of digitization approaches and a rise in investments in research and development (R&D) in the chemical market to enhance the overall production process and product quality. The region also experiences the presence of leading global chemical companies and tech companies investing in the research and development of AI technology.

Europe

Europe is anticipated to be the fastest-growing market in the forecasted period of 2025-2034. The AI in chemicals is experiencing rapid growth in this region due to the investment by government and private players to establish chemical industries. Furthermore, investment in R&D in manufacturing process optimization is expected to drive the market growth.

Recent Developments

• In March 2025, Manuchar N.V. joined the European Association of Chemical Distributors (FECC) to strengthen its commitment to responsible chemical distribution. The FECC is a leading chemical distributor across Europe, committed to advanced regulatory compliance and sustainable supply chain management.
• In November 2024, Sunthetics announced the successful close of its $4 million Seed round to strategically expand the Sunthetics team and enhance the company’s innovative machine learning platform, designed to accelerate pharmaceutical and chemical research and development.
• In December 2024, Safex Chemicals, a leading chemical company, successfully implemented SAP solutions across its global operations by integrating AI, machine learning, business analytics, and SAP systems, reinforcing the company's commitment to its mission of "feeding the world."

Competitive Landscape

The AI in chemicals market contains many prominent players globally with advanced technology and investments in integrating AI within the chemical market to increase overall efficiency and quality. A few key players in the market are Manuchar N.V., IMCD N.V., Univar Solutions Inc., Brenntag SE, Sojitz Corporation, ICC Industries Inc., Azelis Group NV, Tricon Energy Inc., Biesterfeld AG, Omya AG, and HELM AG.

The AI in chemicals market is dominated by several companies but the companies that are renowned for their contribution to the market are listed below:

• Company Name: Brenntag AG
• Year of Incorporation: 1874
• Headquarters: Essen, Germany

Brenntag AG is a leading global producer and distributor of chemicals and ingredients in the North American, Latin American, EMEA, and Asia Pacific segments. Brenntag's product catalog includes more than 10,000 items ranging from acids, bases, and solvents to substances for the food, cosmetics, feed, and pharmaceutical industries. The company recorded a revenue of US$ 17,570 million in 2024.

• Company Name: Sojitz Corporation
• Year of Incorporation: 2004
• Headquarters: Tokyo, Japan

Sojitz Corporation is a leading global general trading company engaged in buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects across the globe. The company recorded a revenue of US$ 16,000 million in 2024.

• Company Name: Manuchar N.V.
• Year of Incorporation: 1880
• Headquarters: Belgium

Manuchar N.V. is a leading distributor of chemicals, international trade services in steel, polymers, and several other raw materials. The company operates in 40 countries and 180 locations, generating US$ 2.3 billion in sales.