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Basic Chemical Manufacturing in Austria - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

AT-C2011 August 2024 Factsheet

Revenue

€1.8bn

2019-2024 0.6 %
2024-2029 X.X %

Employees

3,617

2019-2024 0.7 %
2024-2029 X.X %

Businesses

36

2019-2024 1.1 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Basic Chemical Manufacturing in Austria market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Austria compared to Europe?

Country Benchmarking

Industry Data Austria

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#18 In Europe
Business
#27 In Europe
Employees
#18 In Europe
Wages
#13 In Europe

View industry report for Europe

Before the pandemic, the Basic Chemical Manufacturing industry enjoyed a period of strong demand, particularly from Asia. Innovation in speciality chemicals and sustainability initiatives gained momentum, helping raise profitability. When the pandemic hit, supply chains were greatly disrupted while industrial output stumbled until socially distanced factory guidelines were adopted. As industrial output ramped up, manufacturers' revenue benefited from pent-up demand and government fiscal packages, leading to substantial infrastructure spending and stimulus. Russia's invasion of Ukraine added another spanner to works, though, with energy and feedstuff prices skyrocketing as a result of western countries' sanctions on Russian exports. Production costs escalated and business and consumer confidence was shot by rising living costs, denting demand throughout 2022 and 2023. Profitability has also been hit hard by soaring operational costs, which manufacturers have struggled to pass on to clients.

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Enterprises
Number of businesses in 2024

Biggest companies in the Basic Chemical Manufacturing in Austria

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
LyondellBasell Industries Holdings NV
38,589.5
2,747.1
7.1
INEOS Group Holdings SA
22,547.2
2,187.1
9.7
BASF SE
91,831.2
6,892.6
7.5

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Top Questions Answered in this Report

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What is the market size of the Basic Chemical Manufacturing industry in Austria in 2024?

The market size of the Basic Chemical Manufacturing industry in Austria is €1.8bn in 2024.

How many businesses are there in the Basic Chemical Manufacturing in Austria industry in 2024?

There are 36 businesses in the Basic Chemical Manufacturing industry in Austria, which has grown at a CAGR of 1.1 % between 2019 and 2024.

Has the Basic Chemical Manufacturing industry in Austria grown or declined over the past 5 years?

The market size of the Basic Chemical Manufacturing industry in Austria has been declining at a CAGR of 0.6 % between 2019 and 2024.

What is the forecast growth of the Basic Chemical Manufacturing industry in Austria over the next 5 years?

Over the next five years, the Basic Chemical Manufacturing industry in Austria is expected to grow.

What are the biggest companies in the Basic Chemical Manufacturing market in Austria?

The biggest companies operating in the Basic Chemical Manufacturing market in Austria are LyondellBasell Industries Holdings NV, INEOS Group Holdings SA and BASF SE

What does the Basic Chemical Manufacturing in Austria include?

Liquefied or compressed inorganic industrial or medical gases and Dyes and pigments are part of the Basic Chemical Manufacturing industry.

Which companies have the highest market share in the Basic Chemical Manufacturing in Austria?

The company holding the most market share in Austria is LyondellBasell Industries Holdings NV.

How competitive is the Basic Chemical Manufacturing industry in Austria?

The level of competition is moderate and steady in the Basic Chemical Manufacturing industry in Austria.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Companies in this industry manufacture basic chemical products, fertilisers and associated nitrogen compounds, as well as plastics and synthetic rubber in primary forms. They also produce liquefied or compressed gases, dyes and pigments, chemical elements, inorganic acids and compounds, organic compounds and distilled water.

Related Terms

Organic ChemicalsInorganic ChemicalsYield

What's included in this industry?

Liquefied or compressed inorganic industrial or medical gasesDyes and pigmentsChemical elementsInorganic acids, bases and compoundsOrganic chemicals

Companies

LyondellBasell Industries Holdings NVINEOS Group Holdings SABASF SE

Industry Code

ISIC 2006

2011 - Manufacture of basic chemicals in Austria

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Basic Chemical Manufacturing in Austria industry?


Outlook

Analysis

What's driving the Basic Chemical Manufacturing in Austria industry outlook?


Volatility

Analysis

What influences volatility in the Basic Chemical Manufacturing in Austria industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Basic Chemical Manufacturing in Austria industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Reusing and recycling limit sales of certain products. Chemical element sales are being constrained the move towards a circular economy, while bases and acids are widely being reused.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Basic Chemical Manufacturing in Austria industry's products and services performing?

Analysis

What are innovations in the Basic Chemical Manufacturing in Austria industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Basic Chemical Manufacturing in Austria industry?


International Trade

Highlights

  • Total Imports into Austria
  • Total Exports into Austria
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Mergers and acquisitions are commonplace. Competition between chemical producers is intense, encouraging them to join forces or look for takeover targets to grab more of the market.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Basic Chemical Manufacturing in Austria located?

Companies

Data Tables

Top 9 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Strict laws govern chemical use. Stringent requirements are placed on chemical production, use and disposal, with the aim of driving innovation towards more sustainable products.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Basic Chemical Manufacturing in Austria industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Competition and high operating costs constrain profit. Price competition (both internally and from low-cost imports from China) puts significant strain on chemical manufacturers’ returns, while sky-high energy bills add to operating costs.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Basic Chemical Manufacturing in Austria industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.