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 SWOT Analysis Chapter
The Inorganic Chemical Manufacturing industry is in a mature stage of its life cycle. Industry value added (IVA), which measures this industry's contribution to the overall economy, is anticipated to grow an average 2.3% per year in the 10 years to 2020. Over the same period, GDP is forecast to grow at a similar annualized 2.3%. Though IVA slowed during the earlier part of the 10-year period, when the industry was faced with slow recovery from manufacturing and construction, industry value added has generally grown at a rate similar to or better than that of the national economy.
Clearly defined product segments and user industries also indicate this industry is in the mature stage of its life cycle... purchase to read more