Chemicals & Specialty Materials Industry Update Q2 2023

Q2 2023 Price & Volume Trends by Sub-Sector

Chemicals & Specialty Materials Update Q2 2023

Download PDF
Industry
Energy & natural resources
KPMG Corporate Finance LLC’s investment bankers have extensive Energy transaction and industry experience, which enables them to understand the industry- specific issues and challenges facing our clients.

Chemicals & Specialty Materials Q2 2023 Earnings Summary

Continued weakness across the board

  • Performance continued to deteriorate in Q2 2023 with overall organic growth declining (12.7%) versus Q2 2022
  • Favorable pricing increases observed in the previous two quarters faded as a majority of the sub-sectors reported year-over-year decrease in prices (down 5.5% on average). The following sub-sectors bucked the downtrend:
    • Minerals & Inorganics continued to push through price increases given a tight supply market and strong demand from lithium end-market; and
    • Coatings & Adhesives and Specialty Chemicals players experienced a modest increase in prices
  • Year-over-year volume continued to decline (down 7.2% on average) across the industry amidst persistent macro-economic challenges

 

Price: YoY Δ

Agchems/ Fertilizers Coatings & Adhesives Commodity & Diversified Chemicals Industrial Gases Minerals & Inorganics Specialty Chemicals Titanium Dioxide Overall

Volume: YoY Δ

Agchems/ Fertilizers Coatings & Adhesives Commodity & Diversified Chemicals Industrial Gases Minerals & Inorganics Specialty Chemicals Titanium Dioxide Overall

Organic Growth: YoY Δ

Agchems/ Fertilizers Coatings & Adhesives Commodity & Diversified Chemicals Industrial Gases Minerals & Inorganics Specialty Chemicals Titanium Dioxide Overall

We hope you find this information valuable, and as always, feel free to reach out if you would like to discuss in further detail. To read the full report with details by sub-sector, download the PDF below.

Download the document:

Chemicals & Specialty Materials

Download PDF

Explore more

Webcast Replay Webcast Upcoming Listen Now

Energy & natural resources

KPMG Corporate Finance LLC’s investment bankers have extensive Energy transaction and industry experience, which enables them to understand the industry- specific issues and challenges facing our clients.

Webcast Replay Webcast Upcoming Listen Now

Chemicals & Specialty Materials Industry Update Q1 2023

Read more about the chemicals & specialty activity during Q1 2023

Webcast Replay Webcast Upcoming Listen Now

Industrial markets

KPMG Corporate Finance LLC’s investment bankers have extensive Industrial Markets transaction and industry experience, which enables them to understand the industry- specific issues and challenges facing our clients.

Meet our team

In today’s market, you need an advisor with objective insight at every step of the transaction process. We work with you throughout the full deal cycle to create value and successfully execute your deal strategy.

Image of Vijay Balasubramanian
Vijay Balasubramanian
Managing Director, KPMG Corporate Finance LLC

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline