The Organic Chemical Manufacturing industry in Illinois is expected to decrease over the five years to 2017. The industry primarily manufactures chemicals that are used as raw materials in industries such as plastic, paint and adhesive manufacturing. Overall, industry revenue is anticipated to decrease at an annualized rate of 5.0% to $9.8 billion over the five years to 2017. Over the next five years, an expected rebound in manufacturing activity along with continued growth in construction activity will cause many of the industry's customers to increase their production levels. Furthermore, as consumer spending rises strongly in the state, operators will benefit from additional demand for its products in the state...purchase to read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 12-17
-5.0%
Forecast Growth 17-22
Profit
Employment
3,792
Businesses
57

Industry Threats & Opportunities

  • Overall demand conditions for the industry’s products has remained mixed
  • The Organic Chemical Manufacturing industry is dependent on the performance of the construction sector
  • Raw material price volatility and government legislation will pose threats to future performance.
  • Industry Report - Industry Key Buyers Chapter

    Concentration in the Organic Chemical Manufacturing Industry in Illinois is low. The top four companies in the industry are estimated to have a combined market share of less than 10.0% in 2017. This industry is highly fragmented, with an estimated 45.6% of all companies employing fewer than 20 people. This industry is fragmented due to the specialized nature of downstream markets. The variety of downstream manufacturing markets, such as plastic and resin manufacturers, paint manufacturers, adhesive manufacturers, cosmetic & beauty products manufacturers and construction sectors, give smaller companies an advantage by specializing in individual product segments rather than producing a vast array of products. The...purchase to read more.

    Additional Insights for the Organic Chemical Manufacturing in Illinois Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Organic Chemical Manufacturing in Illinois Industry are

  • Comply with government regulations
  • Ability to accommodate environmental requirements
  • Having contracts that are favorable to purchaser
  • IBISWorld analysts also discuss how external factors such as Manufacturing GDP for Illinois and Value of private nonresidential construction in Illinois in the Organic Chemical Manufacturing in Illinois industry impact industry performance..

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    What's in this report

    What is the Organic Chemical Manufacturing in Illinois Industry?

    This industry manufactures basic organic chemicals (other than petrochemicals), industrial gases and synthetic dyes and pigments. Key product groups include gum and wood products, cyclic crudes and intermediates, ethyl alcohol and other basic organic chemicals. These products are predominantly intermediates that are used as raw material inputs by other manufacturing industries in the production of downstream products.

    Industry Products
  • Ethyl alcohol manufacturing
  • Cyclic crude, intermediate, and gum and wood chemical manufacturing
  • All other basic organic chemical manufacturing
  • Industry Activities
  • Manufacturing gum and wood chemicals
  • Manufacturing cyclic crudes and intermediates
  • Manufacturing ethyl alcohol
  • Manufacturing other basic organic chemicals
  • Manufacturing synthetic organic alcohols
  • Manufacturing fatty acids
  • Manufacturing bulk pesticides
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Manufacturing GDP for Illinois
  • Value of private nonresidential construction in Illinois
  • Value of Residential Construction in Illinois
  • World price of crude oil

  • Current Performance
  • Uneven downstream demand
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Steady increase in downstream demand
  • Profit margins to remain steady
  • Table: Organic Chemical Manufacturing in Illinois Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Organic Chemical Manufacturing in Illinois Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Organic Chemical Manufacturing
  • Plastic & Resin Manufacturing
  • Paint Manufacturing
  • Adhesive Manufacturing
  • Cosmetic & Beauty Products Manufacturing

  • Key Selling Industries
  • Organic Chemical Manufacturing
  • Oxygen & Hydrogen Gas Manufacturing
  • Petrochemical Manufacturing

  • Products & Services
  • Ethyl alcohol manufacturing
  • All other basic organic chemical manufacturing
  • Cyclic crude, intermediate, and gum and wood chemical manufacturing
  • Chart: Organic Chemical Manufacturing in Illinois Industry Products and Services Segmentation

  • Major Markets
  • Food, Beverage and tobacco product manufacturing
  • All other basic organic chemical manufacturing
  • Other Chemical Manufacturing
  • Chart: Major Market Segmentation for the Organic Chemical Manufacturing in Illinois Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Organic Chemical Manufacturing in Illinois

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Organic Chemical Manufacturing in Illinois Industry

  • Ashland Inc., Green Plains Inc., Hydrite Chemical Company, Pacific Ethanol Inc.,
  • Table: Ashland Inc. - financial performance
  • Table: Green Plains Inc. - financial performance
  • Table: Hydrite Chemical Company - financial performance
  • Table: Pacific Ethanol Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Organic Chemical Manufacturing in Illinois Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Organic Chemical Manufacturing in Illinois Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Industrial production index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Captive Use Product
  • A product that is made specifically for use with another product.
  • Co-Product
  • A product that is manufactured along with a different product.
  • Ethyl Alcohol
  • Also called ethanol, pure alcohol, grain alcohol or drinking alcohol, ethyl alcohol is a volatile, flammable and colorless liquid.
  • Feedstock
  • Raw material supplied to a machine or processing plant.
  • Vinyl Acetate Monomer (Vam)
  • A colorless, liquid organic compound with a pungent odor; it is the precursor to polyvinyl acetate, an important polymer within the Organic Chemical Manufacturing industry.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Organic Chemical Manufacturing in Illinois Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Organic Chemical Manufacturing in Illinois:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Organic Chemical Manufacturing in Illinois market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Organic Chemical Manufacturing in Illinois, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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