This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print this page

Adapting to a changing landscape

Midyear outlook for the global chemical industry

Adapting to a changing landscape

  • In this report the views of various chemical industry leaders have been canvassed. Their opinions about the following were sought:
    • How the recession has affected the industry globally
    • The biggest challenges facing the industry
    • Whether there’ll be major industry restructuring
    • If demand will return to pre-recessionary levels
    • Which indicators to look out for, indicating imminent revival
    • What will separate success from failure in the industry
  • The following is a summation of their responses
    • Global demand has contracted greatly with the automotive industry at the forefront as a major cause for this contraction
    • Consolidation will be the main challenge in these uncertain times, there will be a need to separate real economic growth from stimulus packages
    • In the short to medium-term it is unlikely that pre-recessionary levels will be achieved
    • Acquisition are likely to be the order of the day as smaller companies (that cannot leverage scale) suffer the most from the economic down turn
    • The companies that have made the right (and often tough decisions will have bright futures)

Download a complete publication

Stay connected:

 

Material on this website is © 2014 Deloitte Global Services Limited, or a member firm of Deloitte Touche Tohmatsu Limited, or one of their affiliates. See Legal for copyright and other legal information.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Get connected
Share your comments

 

 

More on Deloitte
Learn about our site

  


Recently blogged