Industrial Parks in the Chemical and Lifescience Industry

Core Messages

• The main criteria for the attractiveness of industrial parks is flexibility, speed, technical competence and price.
• The main trends are consolidation, opening for external service providers and completion of the existing service package.
• Key success factors for industrial parks are a complete service package and a market oriented pricing strategy.
• The increasing market pressure on industrial parks will lead to a consolidation wave in the next years.
• The driving force for consolidation is the increasing cost pressure especially on smaller industrial parks and the expansion strategies of some major industrial parks.
• The ownership structure of industrial parks does not necessarily change during this consolidation wave, when infrastructure companies provide the services for other industrial parks without buying the assets.
• Asset lifecycle management will become a growing and profitable business for specialised service providers.
• Most of the industrial parks will have to divest some service functions in the future due to non-competitive structures leading to the partial consolidation of these service functions by major industrial parks or specialised external service providers (e.g. multi utility, engineering and maintenance companies), which already sell services to chemical and lifescience companies and want to expand their variety of services.
• Innovative business ideas have already been developed or realised in some industrial parks.