Abstract

Abstract. The chemical and petrochemical industries are vital to the global economy, yet they face significant challenges in strategic decision-making due to fragmented, inconsistent, and outdated data. Existing Methods Existing methods for data collection and analysis in the chemical and petrochemical industries often involve using fragmented datasets from individual sources like industry reports, regulatory filings, and market research. These methods typically lack integration, leading to inconsistencies and gaps in the data. Proposed Solution It involves systematic data collection, cleansing, and integration processes, followed by advanced analytics to generate actionable insights. By creating a unified data repository and utilizing predictive and prescriptive analytics, this approach aims to enhance decision-making.