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Inorganic Chemical Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Inorganic Chemical Manufacturing Market Research Report | NAICS 32518 | Feb 2016

Chemical reaction: Increasing downstream demand will increase revenue

IBISWorld’s Inorganic Chemical Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$43bn
Annual Growth 11-16
3.0%
Annual Growth 16-21
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Profit
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Employment
39,203
Businesses
382
Industry Analysis & Industry Trends

After experiencing years of revenue volatility due to fluctuating demand from downstream manufacturing customers during the recession, the Inorganic Chemical Manufacturing industry is in a state of recovery. The manufacturing sector promptly began to rebuild, boosting demand for inorganic chemicals throughout 2010 and 2011. Moreover, demand for exports has remained relatively steady in recent years. In the next five years, the industry will expand as demand from downstream industries continues to increase... purchase to read more

Industry Report - Industry Investment Chapter

The Inorganic Chemical Manufacturing industry has a moderate to high level of capital intensity. Industry employees generally have considerable education and are highly-skilled workers. As a result, the average wage is high; in 2016 it is expected to exceed $84,000. Conversely, operators must purchase equipment and machines to manufacture chemicals, contributing to high depreciation costs. In 2016, for every dollar spent on labor, industry operators are expected to spend $0.30 on capital investments.

This industry employs skilled workers such as chemical technicians, chemical engineers, chemists and materials scientists. According to the Bureau of Labor Statistics, chemical technicians typically need a minimum of two years of formal training... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Inorganic Chemical Manufacturing Industry?

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 (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 industry.

Industry Products
Chlorine Caustic sodaPotassium, sodium and other alkali compoundsChemical catalystsInorganic acidsCarbon blackOther inorganic chemicals
 
Industry Activities
Manufacturing alkalies and chlorine Manufacturing carbon black Manufacturing ammoniaManufacturing titanium dioxideManufacturing all other basic inorganic chemicals


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