Podcast: How Arkema is shaping the future of battery technology?
Woldemar d'Ambrières discusses the evolving battery sector with Vincent Valk Senior Editor Chemical Week at S&P Global. The challenges posed by the rapid pace of technological advancements, and the outlook for the battery market by the end of the decade. This insightful conversation sheds light on key industry trends and what companies must consider to stay competitive in the fast-moving battery space.
We believe that by 2030, over 90% of demand will be based on current technologies.”
Delve into the challenges and opportunities facing the global chemical industry. Key topics include the impact of recent Federal Reserve interest rate cuts on petrochemical and polymer markets, particularly in housing and construction; the cautious optimism for recovery in 2025; and the current levels of consumer confidence. Woldemar d'Ambrières, Arkema’s global market manager emphasizes that despite some positive indicators, significant market improvements are unlikely until mid-2025, as high inflation and ongoing economic pressures continue to challenge consumer spending.
The episode also explores the industry's efforts to adapt to these challenges through innovation and strategic planning. Discussions highlight the importance of sustainability initiatives and the role of mergers and acquisitions in shaping the future landscape of the chemical sector. Listeners gain insights into how companies are navigating the current economic environment and preparing for potential recovery in the coming years.
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