Australia

Details

  • Industry: Chemicals
  • Type: Business and industry issue, Survey report
  • Date: 22/09/2011

Reaction

Reaction is KPMG's Global Chemicals magazine, providing insight into issues affecting the Chemicals industry.

Reaction Magazine: Special Edition - Executive Survey 

KPMG International surveyed C-suite and other top-level executives in the global chemicals industry during the second quarter of 2011. Participants shared their views on business conditions in the sector, significant revenue growth areas, and factors that would impede or support their sector's recovery. Viewpoints were also given on the impact of potential regulations on their businesses.

Key insights

  • Two-thirds of chemical executives say their companies will be involved in a merger or acquisition as a buyer in the next 2 years.
  • Chemical companies in the Asia Pacific region and Europe are focused on organic growth, while U.S. companies are also focused on improving operations and related technology.
  • 72 percent predict their raw material costs will increase by more than 6 percent next year alone, which will impact performance.
  • Global chemical executives cite India, the U.S. and China as the geographic regions that will be the focus of investment over the next 2 years.
  • 76 percent of sector executives believe the economy will improve over the next year. Asia Pacific had the most positive outlook (92 percent), compared to the U.S. (71 percent) and Europe (63 percent).

 

 

Chemicals & Performance Technologies

KPMG’s Australian Chemicals & Performance Technologies group advises on critical business and industry issues impacting the domestic market.