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 - Starting a New Business Chapter
This industry is capital-intensive. In addition to acquiring, maintaining and updating specialized technical equipment, companies must have access to competitively priced inputs like natural gas. Also, companies seeking entry into the industry require a workforce that is specialized in inorganic chemical production. Because specialized labor demands higher wages, industry players incur higher operating costs. Consequently, newcomers find it challenging to meet the capital requirements of this industry. As a result, capital costs act as a barrier to entry for prospective operators.
Financial investment is high for companies entering the industry, and continued technological innovations are essential... purchase to read more