Industry Analysis & Industry Trends
The Inorganic Chemical Manufacturing industry is expected to maintain steady growth as the international market thrives and downstream demand improves. In particular, improved demand for chlorine and carbon black will positively influence the industry. While revenue is set to rise, consolidation of firms will increasingly occur over the next five years. Furthermore, high energy costs and heightened pressure from imports will limit substantial growth... 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 firms.
Financial investment is high for companies entering the industry, and continued technological innovations are essential... purchase to read more