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The Process Industry is a sector of the economy that involves the transformation of raw materials into finished goods. It includes a wide range of industries, such as food and beverage, pharmaceuticals, chemicals, and petrochemicals. Formulation is a key part of the process industry, as it involves the mixing of raw materials to create a product with specific properties. Formulation is used to create products such as paints, adhesives, and lubricants. Formulation is a complex process that requires a deep understanding of the properties of the raw materials and the desired end product. It involves the selection of the right combination of ingredients, the optimization of the mixing process, and the testing of the final product. Formulation is a critical step in the process industry, as it ensures that the end product meets the desired specifications. Formulation is a highly competitive market, with many companies offering their services. Some of the major players in the market include BASF, Dow, AkzoNobel, and Evonik. These companies offer a wide range of formulation services, from basic mixing to complex formulations. They also provide technical support and advice to their customers. Show Less Read more