PUBLISHER: The Business Research Company | PRODUCT CODE: 1852341
PUBLISHER: The Business Research Company | PRODUCT CODE: 1852341
Cloud computing in chemistry refers to the use of cloud-based platforms and services to support and improve various functions within the chemical industry, including research and development, process modeling, supply chain operations, and data management. It offers scalability, real-time collaboration, and cost-effectiveness, driving innovation and enhancing operational efficiency.
The core components of cloud computing in chemistry include hardware, software, and services. Hardware consists of the physical components of computing systems that perform essential functions. Cloud deployment models include public, private, and hybrid clouds. These technologies are applied in areas such as research and development, process optimization, quality assurance, inventory control, regulatory compliance, collaboration, data handling, manufacturing, and procurement. Adoption is widespread across end-user industries such as pharmaceuticals, agrochemicals, specialty chemicals, and petrochemicals.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The intensifying U.S. tariffs and escalating trade tensions in spring 2025 are expected to have a significant impact on the chemicals sector, which is bearing a disproportionate burden, particularly from tariffs on petrochemicals and intermediates, where affordable domestic substitutes are often unavailable. Producers of specialty chemicals, heavily dependent on Chinese raw materials, are experiencing production disruptions. At the same time, fertilizer manufacturers are seeing profit margins eroded due to tariffs on phosphate imports. In response, companies are ramping up R&D into bio-based alternatives, forming procurement alliances to consolidate buying power, and shifting production to tariff-neutral nations such as Saudi Arabia.
The cloud computing in chemical market research report is one of a series of new reports from The Business Research Company that provides cloud computing in chemical market statistics, including cloud computing in the chemical industry's global market size, regional shares, competitors with cloud computing in chemical market share, detailed cloud computing in chemical market segments, market trends and opportunities, and any further data you may need to thrive in cloud computing in the chemical industry. This cloud computing in chemical market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cloud computing in chemical market size has grown strongly in recent years. It will grow from $7.12 billion in 2024 to $7.82 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. Growth during the historical period was driven by the expanding adoption of digital technologies, increased R&D efforts in drug discovery, greater use of public cloud platforms by chemical companies, the rising implementation of smart manufacturing solutions, and the growing demand for scalable and flexible operational processes.
The cloud computing in chemical market size is expected to see strong growth in the next few years. It will grow to $11.19 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. Growth in the forecast period is expected to be driven by rising demand for cloud-based artificial intelligence, a strengthened focus on research and development, increasing consumer preference for sustainable solutions, growing need for advanced technological tools, and accelerating digital transformation across the chemical industry. Key trends anticipated during this period include progress in AI and machine learning, integration of cloud systems with existing legacy infrastructure, increased adoption of technologies for digitalization, ongoing developments in cloud-based platforms, and advancements in blockchain integration.
The growing trend of digital transformation is expected to drive the expansion of the cloud computing market in the chemical industry. Digital transformation involves integrating digital technologies across all areas of a business to improve operations, enhance customer experiences, and create greater value. This shift is largely fueled by the increasing demand for better customer experiences, with companies adopting tools such as artificial intelligence, cloud computing, and analytics to provide faster, more personalized, and convenient services that boost customer satisfaction and loyalty. In the chemical sector, cloud computing supports digital transformation by minimizing dependence on expensive on-premises systems and offering scalable, flexible platforms that enhance research, optimize supply chains, and improve operational efficiency. For example, in November 2023, the UK's Central Digital and Data Office reported that digital transformation within government operations could result in over $1.17 billion (£1 billion) in savings by eliminating paper-based costs. Additionally, by 2025, implementing a competitive digital remuneration framework could save $122.12 million (£101 million) annually by reducing employee turnover and lowering labor costs. As such, the rising adoption of digital transformation is contributing significantly to the growth of cloud computing in the chemical market.
Companies operating in the cloud computing space for the chemical industry are increasingly focusing on innovative technologies, such as software-as-a-service (SaaS) quantum chemistry platforms, to enhance research and development. These platforms are cloud-based services that grant users access to advanced quantum computing resources for performing complex chemical simulations and calculations. In April 2024, QC Ware Corp., a US-based software company, launched Promethium, a next-generation platform aimed at accelerating discoveries in pharmaceuticals, chemicals, and materials. This advanced cloud solution offers real-time data access and analytics, which improve production monitoring, enable predictive maintenance, and support process optimization. Promethium, as a high-performance quantum chemistry platform, significantly accelerates innovation across various chemical-related industries.
In January 2024, SandboxAQ, a US-based software company, acquired Good Chemistry Company, a Canadian provider of cloud computing solutions for chemistry, for an undisclosed amount. The goal of this acquisition is to enhance SandboxAQ's AI-powered simulation platform, enabling more advanced quantum and molecular modeling. This move is expected to speed up innovation in fields such as drug discovery and materials science.
Major players in the cloud computing in chemical market are Amazon Web Services Inc, Microsoft Corporation, Siemens AG, Oracle Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, Capgemini SA, Infosys Limited, Emerson Electric Co., Rockwell Automation Inc., Dassault Systemes SA, ANSYS Inc., AVEVA Group Plc, Aspen Technology Inc., Benchling Inc., LabVantage Solutions Inc., Seeq Corporation, ChemAxon Ltd., and Korber Pharma AG.
North America was the largest region in the cloud computing in the chemical market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cloud computing in the chemical report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the cloud computing in the chemical market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cloud computing in the chemical market consists of revenues earned by entities by providing services such as data storage and management services, simulation-as-a-service, and cloud-based analytics services. The market value includes the value of related goods sold by the service provider or included within the service offering. The cloud computing in the chemical market also includes sales of data storage systems, edge computing devices, and cybersecurity appliances. Values in this market are 'factory gate' values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cloud Computing In Chemical Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cloud computing in chemical market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cloud computing in chemical ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cloud computing in chemical market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.