The chemical industry is a significant contributor to the EU economy. It is simultaneously instrumental to the green and digital transition and exposed to its effects. A steady supply of (green) create reusable and recyclable consumer goods. On the other hand, chemical synthesis is an energy-intensive process inherently dependent on carbon-based feedstock (currently derived almost exclusively from fossil fuels). In addition, chemistry is a global industry with international value chains, where the EU both collaborates and competes with other countries for materials, knowledge and skills.
Transforming the European chemical industry into a sustainable motor for the green and digital transition will require investments in infrastructure, assets and skills. Focus should be placed on chemicals that are crucial to this Twin Transition, , or both. The long lead time required for the deployment of infrastructure and the development of skills means that such investments must be made now to achieve targets set for 2050.
In connection with these issues, the report at hand aims to give insights into a number of value chains that are strategic to EU economy. It considers which chemicals and innovations are vital to transforming these value chains as well as rendering them more resilient and future-fit. To this end, a participatory workshop-based foresight approach was implemented to provide a unique set of insights from stakeholders and translate them into actions and policy recommendations.
Chapter 1 provides a general introduction into foresight and an overview of the project, the definitions used, the methodology applied and the approach to project implementation.
Chapter 2 details the 20 Critical Chemicals and 10 key Future Innovations, needed to secure the four Strategic Value Chains under consideration: Batteries, Connected Clean & Autonomous Vehicles, Hydrogen Technologies & Systems, and Microelectronics & Industrial IoT. These value chains were selected as highly dependent on chemicals and non-overlapping with other EC research initiatives. Those Critical Chemicals and Future Innovations are listed in the tables below.
Chapter 3 presents In addition, each so-called factsheet contains roadmaps of actions needed to increase those value chains resilience as well as describes chemicals and the implementation of innovations. Thus, the roadmaps enable the identification and assessment of potential future actions.
Chapter 4 contains a set of key policy recommendations addressed to policy stakeholders. They focus on accelerating the digital and green transformation of the entire chemical industry, and were collected from experts throughout the project.
Finally, the Annex details methodologies and underlying analyses.
Chem4EU Foresight for chemicals : final report
