Chemicals
Industry challenges
With challenging market conditions driven by industry consolidation, changing macroeconomic forces, and product commoditization, we support our clients in finding tailored growth strategies:
- As customers curb production and right-size their inventories, industry sales decline
- Chemical companies are exposed to the difficult challenge of achieving profitable, long-term growth in this mature and extremely competitive market environment
- Product lifecycles are constantly shortening despite substantial investment costs
In addition, chemical companies worldwide are exposed to:
- Strong industry consolidation through mergers & acquisitions characterize the chemicals industry
- Structural macroeconomic pressures, such as the strong dollar and the low oil price have battered profit margins and industry growth
- Product commoditization translates into growth no longer being driven by volume but rather by value and the ability to digitize business models
