Inorganic Chemical Manufacturing in the US
Over the five years to 2016, the Inorganic Chemical Manufacturing industry has experienced a slight decline. Inorganic chemical production depends on demand from downstream users in an array of industries, ranging from paper production to oil refining. Industry products are used for many applications, which insulates diversified producers from a degree of volatility. At the same time, many industries are linked to one another and a decline in one may reduce production in others. Over the next five years, the industry is expected to slowly expand, as downstream industries grow. As the housing sector improves, demand from the construction, paint and glass manufacturing sectors are expected to drive industry sales.
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, which are used as pigments and dyes (32513) or pesticides (32532) are not included in this industry.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook