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 Locations Chapter
The Inorganic Chemical Manufacturing industry is mostly distributed according to population trends, as many major downstream manufacturing industries are located in more populous regions. Key states include Texas (12.1% of industry establishments), California (6.7%) and Ohio (6.1%). Traditional manufacturing strongholds such as the Southeast and Great Lakes regions have the bulk of industry establishments, combining for 47.0% of all establishments.
This industry's manufacturing facilities are often located near consumers, and to a lesser extent, near raw material sources. Therefore, industry establishments are often found near other chemical manufacturing industries or in the industrial regions in the Great Lakes region and the gulf coasts... purchase to read more