
Inorganic Chemical Manufacturing in the US - Industry Market Research Report
Description
Inorganic Chemical Manufacturing in the US
As overall manufacturing activity declines, demand for inputs like inorganic chemicals also declines. In 2020, the COVID-19 pandemic significantly influenced downstream manufacturer demand. Even with the economy showing signs of recovery, the Russian invasion of Ukraine and the higher interest rates due to inflation fighting have hurt manufacturing activity, supply chains and consumer spending. Therefore, industry revenue has been decreasing at a CAGR of 1.9% to $38.1 billion over the past five years, including a projected 3.9% decline in 2023.
This industry produces inorganic chemicals, including titanium dioxide, chlor-alkali products and carbon black. Inorganic chemicals are mineral-based, while organic chemicals are carbon-based. Manufacturing and industrial processes use inorganic chemicals as inputs. This industry doesn't include pigments and dyes (IBISWorld report 32513) or pesticides (32532), which are inorganic chemicals.
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.
As overall manufacturing activity declines, demand for inputs like inorganic chemicals also declines. In 2020, the COVID-19 pandemic significantly influenced downstream manufacturer demand. Even with the economy showing signs of recovery, the Russian invasion of Ukraine and the higher interest rates due to inflation fighting have hurt manufacturing activity, supply chains and consumer spending. Therefore, industry revenue has been decreasing at a CAGR of 1.9% to $38.1 billion over the past five years, including a projected 3.9% decline in 2023.
This industry produces inorganic chemicals, including titanium dioxide, chlor-alkali products and carbon black. Inorganic chemicals are mineral-based, while organic chemicals are carbon-based. Manufacturing and industrial processes use inorganic chemicals as inputs. This industry doesn't include pigments and dyes (IBISWorld report 32513) or pesticides (32532), which are inorganic chemicals.
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.
Table of Contents
66 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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