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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 | Jun 2014

Chemical reaction: Increasing downstream demand and steady exports will slightly increase revenue

IBISWorld’s Inorganic Chemical Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$39bn
Annual Growth 09-14
5.4%
Annual Growth 14-19
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Profit
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Employment
34,860
Businesses
406
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. As the production of cars and plastics decline, demand for inorganic chemicals also drops, negatively impacting industry revenue. Moreover, the economic downturn caused other manufacturing industries to decrease production, causing demand for inorganic chemicals to plummet. However, in the five years to 2019, IBISWorld expects the industry to steadily expand, as the economy and downstream industries recover. Furthermore, as the housing sector improves, demand from the construction, paint and glass manufacturing sectors will also increase... purchase to read more

Industry Report - Industry Investment Chapter

The Inorganic Chemical Manufacturing industry has a high level of capital intensity. Industry employees generally have considerable education and are highly-skilled workers. As a result, average wages are high. On the other hand, operators must purchase equipment and machines to manufacture chemicals, contributing to high depreciation costs. In 2014, for every dollar spent on labor, industry operators are expected to spend $0.47 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 basic 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 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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