- In 2023, leading chemical firms such as Dow, Arkema, and BASF intensified their adoption of digital technologies to boost operational efficiency. This shift has been critical for improving the productivity of textile chemicals, including silicone-based formulations, amid volatile raw material prices and ongoing supply chain issues.
- In 2022, the industry witnessed a strong shift toward sustainable and eco-friendly silicone solutions. Companies like Wacker Chemie and Momentive ramped up investments in developing greener alternatives to conventional textile chemicals, largely in response to increasing environmental awareness and tighter global regulatory standards.
