Chemical Product-Services in the European Union

This study, sponsored by the European Commission, addresses the economic and environmental potential of Chemical Product Services (CPS) in the EU and the desirability of public intervention to improve the CPS market. From the information collected, the study concludes that CPS generally allows a reduction of chemical use of 5-30%, depending on the type of chemical and industrial application. In most cases, CPS markets are driven by customers’ attempt to increase efficiency in the value chain and to reduce costs; a joint attempt by suppliers to maintain or increase their markets; and/or environmental and occupational regulations. The study predicts that the potential market for CPS in the EU will be approximately 10 billion Euros in sales for the year 2015.