Industry operators depend on sales to downstream industries that use these secondary products. As manufacturing and construction activity have expanded, so has demand for products made with inorganic chemicals. Some demand from purchasers, such as alumina producers, grew more quickly and stimulated greater sales early in the period. Others took longer to recover, or experienced volatile demand over the past five years. Consequently, IBISWorld expects revenue to decrease an annualized 0.4% over the five years to 2016 to $35.4 billion.
This industry produces inorganic chemicals including titanium dioxide, chloralkali products and carbon black. Inorganic chemicals are mineral based, while organic chemicals are carbon based (see IBISWorld report 32519 Organic Chemical Manufacturing). Inorganic chemicals are mainly used as inputs in manufacturing and industrial processes. Inorganic chemicals are used as pigments and dyes (IBISWorld report 32513) or pesticides (IBISWorld report 32532) are not included in
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.