To better utilise resources and experiences, we have divided our Industrial Markets clients into the following sectors:
Key divisions of the sector include commodity/special chemicals, petrochemicals, plastics, pharmaceuticals, biotechnology, and medical equipments.
Strategically, companies are confronted with industry consolidation, social-ethical pressures, R&D effectiveness and talent development. Its growth potential is likely to be affected by volatile crude oil prices and potential virus outbreaks.
Companies involved in oil and natural gas, power generation and utilities, and mining in China are facing issues like tight control by the central and local governments over licensing and pricing, approval from the relevant authorities for any significant new and additional investment; opening the domestic market to foreign companies resulting in lower profitability.
While companies engaging in Industrial Products and Metals, Automotive, Aerospace and Defence and Industrial Electronics are confronted with universal issues such as globalisation and investment demands, specific industry issues exist.
KPMG's Industrial Markets team draws on in-depth industry and financial knowledge and hands-on experience to assist clients in meeting the challenges of a rapidly changing industrial environment.