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Chemicals

From uncertainties to opportunities

The chemical industry is undergoing a phase of structural transformation. In a challenging macroeconomic environment, demand for chemicals has declined, and overall growth rates are declining. At the same time, increasing pressure through commoditization, emerging new competition and potentially disruptive changes from digitization or feedstock shifts, impose new challenges on chemical companies.

But opportunities remain: driven by changes in technology, regulations, and consumer preferences in both developed and emerging markets. In turbulent times, we are ready with practical assistance to help you prepare for, respond to, and emerge stronger from crisis. Find out more information on COVID-19 and the Chemicals sector.

Our Chemicals practice helps players across the value chain to navigate this changing landscape and address industry-specific challenges.

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The future of the chemicals industry: A capabilities perspective (Strategy&, a part of the PwC network)

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COVID-19

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Digital & Industry 4.0

Technology is transforming the industry and while the chemical sector has not been at the forefront of digitization, companies are realizing the disruptive power and potential of technology and entering the era of Industry 4.0.

The cloud, predictive maintenance, big data for quality and throughput optimization, platforms for closer customer interaction, blockchain, 3D printing and open innovation – to name a few, offer opportunities for new business models and potential for growth.

We work with chemical companies to reimagine and capture digital opportunities and strengthen the performance of existing digital assets. Our PwC Digital Service team can assist in aligning multiple technology solutions and enhance business value by creating strong capabilities, developing realistic business cases, simplifying your system architecture and reducing cost. Our Strategy&'s Digital Services can assist on overall digital strategy and innovation.

On the cyber safety front, we have conducted many investigations, identified thousands of vulnerabilities and developed forensic tools that help protect your business assets.

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Growth & Innovation

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Deals & Transactions

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Restructuring

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Functional Excellence

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Network Optimization

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Sustainability

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Strategy& Chemicals trends 2019

PwC’s Chemicals trends 2020 - Winning strategies for an era of sustainable value chains

Value chains in the chemicals sector are being reconfigured as sustainability, economic and geopolitical shifts, new technologies and changing consumer demands are challenging companies’ bottom line and future profitability. COVID-19 has added even more complexity, causing significant shifts in supply and demand.

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Olesya Hatop

Olesya Hatop

Global EU&R Clients & Markets Industry Executive, Director, PwC Germany

Tel: +49 211 981 4602

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Jeroen Van Hoof

Jeroen Van Hoof

Global Leader, EU&R and P&U, Partner, PwC Netherlands

Tel: +31-88-7921328

Niloufar Molavi

Niloufar Molavi

Global Leader, Oil and Gas, Partner, PwC United States

Tel: +1-713-356-6002

Paul Bendall

Paul Bendall

Global Leader, Mining and Metals Partner, PwC Australia

Tel: +61 3 8603 3891

Olesya Hatop

Olesya Hatop

Global EU&R Clients & Markets Industry Executive, Director, PwC Germany

Tel: +49 211 981 4602

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