SEKISUI CHEMICAL: New Injection Molding Plant for Interior/Exterior Parts of Automobiles in Pune
TOKYO, Japan & Pune, Maharashtra, India:
SEKISUI CHEMICAL CO., LTD. (TOKYO:4204) (President and Representative Director: Keita Kato; 'SEKISUI CHEMICAL') has decided to establish sixth plant in India for SEKISUI DLJM MOLDING PRIVATE LIMITED ('SEKISUI DLJM MOLDING'), which manufactures and sells injection molded products for automobiles in Pune, Maharashtra in western India. The investment for establishing the new plant is approximately 3 million USD, and it is expected to go into operation in January 2026.
1. Background and Objectives
SEKISUI CHEMICAL's High Performance Plastics Company (President: Akira Asano) has positioned the injection molding business within the mobility field, which is a strategic sector, as a key business. With the aim of expanding this business in India, SEKISUI DLJM MOLDING was established as a joint venture with Dipty Lal Judge Mal Private Limited, a local company, in August 2011 and commenced operations. Since then, the area of business has expanded in conjunction with increasing motorization in India. SEKISUI CHEMICAL has decided to establish a new plant in the Pune area, where many automobile manufacturers are concentrated and growth is expected. As a result, production capacity in India will increase by approximately 15% and business will expand even further. SEKISUI TECHNO MOLDING CO., LTD. (President: Jun Yamazaki; 'SEKISUI TECHNO'), a wholly-owned subsidiary of SEKISUI CHEMICAL, handles this business within the SEKISUI CHEMICAL Group.
2. Overview of Pune Plant
1) Location: Chakan district, Pune, Maharashtra
2) Scale: Site area: 10,044 m2, plant floor area: 6,288 m2 3) Production items: Injection molded vehicle products (automobile and motorcycle)
4) Start of operations: Scheduled for January 2026
Through the effects of operation of the Pune Plant and other factors, SEKISUI DLJM MOLDING aims to achieve net sales of 130 million USD in fiscal 2030.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250624239612/en/
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Based on application, the IoT in defense industry is divided into fleet management, inventory management, equipment maintenance, security, and others. In 2024, the highest growth was registered in the fleet management segment due to the growing need to ensure optimum utilization of the defense equipment fleet. To know an additional revised 2025 list of market players, request a brochure of the report: Why is North America outperforming other regions in the global IoT in defense market? The global IoT in defense market is currently dominated by North America, with the United States leading due to its advanced technological capabilities, robust defense industry, and significant investments in research and development. The U.S. remains the world's largest arms exporter, accounting for nearly 40% of global arms sales, and its defense sector benefits from cutting-edge innovations driven by major corporations like Lockheed Martin, Raytheon, and Northrop Grumman. These companies integrate IoT solutions such as smart sensors, autonomous drones, and AI-powered surveillance systems into military operations, enhancing real-time data analysis, predictive maintenance, and battlefield efficiency. Key questions answered in this report: What is IoT in defense? Which key factors will influence IoT in defense market growth over 2025-2034? What will be the value of the IoT in defense market during 2025-2034? What will be the CAGR of the IoT in defense market during 2025-2034? Which region will contribute notably towards the IoT in defense market value? Which are the major players leveraging the IoT in defense market growth? What can be expected from the global IoT in defense market report? Browse the full 'IoT In Defense Market By Connectivity Technology (Radio Frequency, Satellite Communication, Wi-Fi, And Cellular), By Deployment (Cloud And On-Premise), By Application (Inventory Management, Fleet Management, Security, Equipment Maintenance, And Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Emerging Trends, Demand, Historical Data, And Forecasts 2025 – 2034' Report at Key Offerings: Full in-depth analysis of the parent market Important changes in market dynamics Segmentation details of the market Former, on-going, and projected market analysis in terms of volume and value Assessment of niche industry developments Market share analysis Key strategies of major players Emerging segments and regional markets Testimonials to companies in order to fortify their foothold in the market Competitive Landscape Some of the main competitors dominating the global IoT In Defense market include – CACI International Inc. Lockheed Martin Corporation BAE Systems plc Thales Group Raytheon Technologies Corporation Honeywell International Inc. Northrop Grumman Corporation SAIC L3Harris Technologies Inc. General Dynamics Corporation Kratos Defense & Security Solutions Inc. Siemens AG Boeing Company Leidos Holdings Inc. Cisco Systems Inc. The global IoT In Defense market is segmented as follows: By Components Hardware Software Services By Connectivity Technology Cellular Wi-Fi Satellite Communication Radio Frequency By Deployment Mode By Application Fleet Management Inventory Management Equipment Maintenance Security Others Request for Customization on this Report as per your requirements – (We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.) By Region North America U.S. Canada Rest of North America Europe France UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India South Korea Rest of Asia Pacific The Middle East & Africa Saudi Arabia South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Browse Other Related Research Reports from Zion Market Research: Residential Water Treatment Market: Antimicrobial Packaging Market: Controlled Release Fertilizers Market: Cold Storage Construction Market: Business Process Management Market: Hydroponics Market: Roof Insulation Market: Event Management Software Market: About Zion Market Research: Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business. Contact Us: Zion Market Research USA/Canada Toll Free: 1 (855) 465-4651 | Newark: 1 (302) 444-0166 UK: +44 2032 894158 India: +91 7768 006 007 | +91 7768 006 008 Email: [email protected] | Web: Follow Us on – LinkedIn | X | Facebook | Pinterest | YouTube Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
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[Latest] AI in Chemicals Market Size Will Attain USD 8388 Million by 2032 Growing at 27.5% CAGR – Exclusive Report by Zion Market Research
By GlobeNewswire Published on August 11, 2025, 22:32 IST NEW YORK, USA, Aug. 11, 2025 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled 'AI in Chemicals Market By Type (Hardware, Software, and Services), By Application (Production Optimization, New Material Innovation, Operational Process Management, Pricing Optimization, Raw Material Demand Forecasting, and Others), By End-use (Base Chemicals & Petrochemicals, Agricultural Chemicals, and Specialty Chemicals), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032' in its research database. 'According to the latest research study, the global AI in chemicals market size was valued at around USD 942 million in 2023. The market is expected to grow at a CAGR of 27.5% and is anticipated to reach a value of USD 8388 million by 2032.' Get a Free Sample PDF of this Research Report for more Insights – (A free sample of this report is available upon request; please get in touch with us for more information.) AI in Chemicals Market Overview: AI in chemicals refers to applying artificial intelligence technologies such as machine learning, deep learning, and natural language processing to optimize chemical manufacturing processes, accelerate materials discovery, enhance quality control, and improve safety protocols. AI solutions help chemical companies reduce time wastage in development and predict maintenance needs and resource utilization. Advanced AI in chemical industry now includes quantum computing for molecular modeling, autonomous lab systems, reinforcement learning for process optimization, and multimodal data fusion across operations. Report Scope: Report Attribute Report Details Market Size in 2023 USD 942 Million Market Forecast in 2032 USD 8388 Million Growth Rate CAGR of 27.5% Base Year 2023 Forecast Years 2024- 2032 Key Companies Covered Accenture, BASF, Google LLC, Honeywell International Inc., IBM Corporation, Insilico Medicine, Microsoft, NVIDIA Corporation, Siemens, SLB, and others. Segments Covered By Type, By Application, By End-use, and By Region Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Customization Scope Avail customized purchase options to meet your exact research needs. Directly Purchase a Copy of the Report | Quick Delivery Available – Key Insights from Primary Research As per the analysis, the AI in chemicals market share is likely to grow at a CAGR of around 27.5% between 2024 and 2032. between 2024 and 2032. The AI in chemicals market size was worth around $ 942 million in 2023 and is estimated to hit approximately $ 8388 million by 2032 . Due to a variety of driving factors, the market is predicted to rise at a significant rate. and is estimated to hit approximately . Due to a variety of driving factors, the market is predicted to rise at a significant rate. The increasing investment in innovative technology is expected to drive the AI in Chemicals market over the forecast period. Based on the type, the software segment is expected to hold the largest market share over the forecast period. Based on the application, the production optimization segment is expected to dominate the market expansion over the projected period. Based on the end-use, the base chemicals & petrochemicals segment is expected to capture the largest market share over the projected period. Based on region, North America is expected to dominate the market during the forecast period. AI in Chemicals Market: Growth Drivers The market for AI in the chemicals industry is experiencing robust growth, driven by a confluence of factors aimed at improving efficiency, fostering innovation, and addressing critical industry challenges. One of the most significant drivers is the increasing demand for operational optimization and cost reduction. Chemical companies are leveraging AI to streamline complex manufacturing processes, enhance predictive maintenance, and optimize their supply chains, which in turn leads to higher yields, reduced downtime, and significant cost savings. Another key growth factor is the push for sustainability and environmental compliance. AI is being used to develop greener chemical formulations, reduce waste, and optimize energy consumption. This not only helps companies meet stringent environmental regulations but also aligns with a growing global focus on sustainable practices. Furthermore, the need for accelerated research and development (R&D) is a major catalyst. AI-powered tools, including generative AI and machine learning, are drastically reducing the time and resources required for discovering new materials and compounds. These technologies can rapidly analyze vast datasets, simulate chemical reactions, and predict the properties of molecules, allowing for faster innovation and a stronger competitive edge. Finally, the increasing availability of big data and advancements in computational power are enabling the adoption of more sophisticated AI models. The proliferation of sensors and digital platforms in chemical plants generates massive amounts of data, which AI algorithms can analyze to provide actionable insights. This, combined with growing investments in AI from both the public and private sectors, is propelling the market forward. Browse the full 'AI in Chemicals Market By Type (Hardware, Software, and Services), By Application (Production Optimization, New Material Innovation, Operational Process Management, Pricing Optimization, Raw Material Demand Forecasting, and Others), By End-use (Base Chemicals & Petrochemicals, Agricultural Chemicals, and Specialty Chemicals), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032' Report at AI in Chemicals Market: Segmentation The AI in chemicals market can be segmented into type, application, end-use, and region. Based on the type, the global AI in Chemicals market is bifurcated into hardware, software, and services. The software segment is expected to dominate the global market during the forecast period. On the basis of application, the global AI in Chemicals industry is bifurcated into production optimization, new material innovation, operational process management, pricing optimization, raw material demand forecasting, and others. The production optimization segment is projected to swipe the largest market share over the projected period due to its substantial ROI potential, strategic competitive advantages, reduced development timelines, and growing integration with high-throughput experimental platforms. In terms of end-use, the global AI in Chemicals market is bifurcated into base chemicals & petrochemicals, agricultural chemicals, and specialty chemicals. The base chemicals & petrochemicals segment held the largest market share in 2023 and is expected to grow at a significant rate over the forecast period. Why is North America outperforming other regions in the global AI in chemicals market? North America is expected to take the lead in the global AI market for the chemicals industry over the coming years. This edge comes from the region's strong investments in innovation and cutting-edge technology. It's home to many of the world's biggest chemical companies and tech firms, all pouring significant resources into AI research and development. Businesses across North America are already putting AI to work streamlining supply chains, fine-tuning complex industrial processes, and pushing for greater efficiency. On top of that, a strong commitment to sustainability is driving companies to use AI to cut waste, improve resource management, and stay on top of environmental regulations. Asia Pacific is expected to grow at the highest CAGR in the AI in chemicals market, driven by rapid manufacturing expansion and significant digital transformation investments across China, Japan, and South Korea. The region benefits from government support for industrial AI adoption and chemical industry consolidation. Request For Customization on This Report as Per Your Requirements – (We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.) AI in Chemicals Market: Competitive Landscape The report contains qualitative and quantitative research on the global AI in chemicals market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global AI in chemicals market include; Accenture BASF Google LLC Honeywell International Inc. IBM Corporation Insilico Medicine Microsoft NVIDIA Corporation Siemens SLB Recent Industry Developments: In 2024, BASF implemented an AI-powered molecular discovery platform that reduced new catalyst development time from 4.5 years to 14 months while improving performance parameters by 23%. In 2024, DuPont launched an integrated AI system for manufacturing optimization that combines sensor data, product specifications, and market conditions to dynamically adjust parameters, reducing energy consumption by 18% across pilot facilities. The global AI in chemicals market is segmented as follows: By Type Hardware Software Services By Application Production Optimization New Material Innovation Operational Process Management Pricing Optimization Raw Material Demand Forecasting Others By End-use Base Chemicals & Petrochemicals Agricultural Chemicals Specialty Chemicals By Region North America Europe France The UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Southeast Asia The Middle East & Africa GCC South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Request Free Brochure of the Global AI in chemicals Market @ Key Questions Answered in This Report: What is AI in chemicals? Which key factors will influence AI in chemicals market growth over 2024-2032? What will be the value of the AI in chemicals market during 2024-2032? What will be the CAGR value of the AI in chemicals market during 2024-2032? Which region will contribute notably towards the AI in chemicals market value? Which are the major players leveraging the AI in chemicals market growth? What can be expected from the global AI in chemicals market report? Key Offerings: Full in-depth analysis of the parent market Important changes in market dynamics Segmentation details of the market Previous, ongoing, and projected market analysis in terms of volume and value Assessment of niche industry developments Market share analysis Key strategies of major players Emerging segments and regional markets Testimonials to companies in order to fortify their foothold in the market Browse Other Related Research Reports from Zion Market Research AI Price Tracking Tools Market By Data Collection Source (Retailer Websites, Marketplaces, Manufacturer Sites, Direct-to-Consumer [D2C] Brand Sites, Mobile Apps, Physical Store Data), By Component (Solutions, Services), By Technology (Machine Learning, Natural Language Processing [NLP], Computer Vision, Web Scraping & Crawling, Predictive Analytics, and Others), By Application (Price Optimization, Competitor Price Monitoring, Dynamic Pricing Automation, Historical Pricing Analysis, Promotional & Campaign 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Education & Professional, Sports, News & Events, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 About Zion Market Research: Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our clients'/customers' conviction in our solutions and services has pushed us to always deliver the best. Our advanced research solutions have helped them in making appropriate decision-making and providing guidance for strategies to expand their business. Contact Us: Zion Market Research USA/Canada Toll Free: 1 (855) 465-4651 | Newark: 1 (302) 444-0166 UK: +44 2032 894158 India: +91 7768 006 007 | +91 7768 006 008 Email: [email protected] | Web: Follow Us on – LinkedIn | X | Facebook | Pinterest | YouTube Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. 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