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The 2011 Report on Manufacturing Basic Inorganic Chemicals Excluding Industrial Gases, Inorganic Dyes and Pigments, Alkalies and Chlorine, and Carbon Black: World Market Segmentation by City
ICON Group International, Jan 2011, Pages: 361
Market Potential Estimation Methodology
Overview
This study covers the world outlook for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black across more than 2000 cities. For the year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the city in question (in millions of U.S. dollars), the percent share the city is of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the cities of the world). This study gives, however, my estimates for the worldwide latent demand, or the P.I.E. for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black. It also shows how the P.I.E. is divided across the world’s cities. In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.
What is Latent Demand and the P.I.E.?
The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).
The latent demand for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a city market.
Another reason why sales do not equate to latent demand is exchange rates. In this report, all figures assume the long-run efficiency of currency markets. Figures, therefore, equate values based on purchasing power parities across countries. Short-run distortions in the value of the dollar, therefore, do not figure into the estimates. Purchasing power parity estimates of country income were collected from official sources, and extrapolated using standard econometric models. The report uses the dollar as the currency of comparison, but not as a measure of transaction volume. The units used in this report are: US $ mln.
For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e., a calculation of price times quantity is never made, though one is implied). The units used in this report are U.S. dollars not adjusted for inflation (i.e., the figures incorporate inflationary trends) and not adjusted for future dynamics in exchange rates (i.e., the figures reflect average exchange rates over recent history). If inflation rates or exchange rates vary in a substantial way compared to recent experience, actually sales can also exceed latent demand (when expressed in U.S. dollars, not adjusted for inflation). On the other hand, latent demand can be typically higher than actual sales as there are often distribution inefficiencies that reduce actual sales below the level of latent demand.
As mentioned earlier, this study is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. If fact, all the current products or services on the market can cease to exist in their present form (i.e., at a brand-, R&D specification, or corporate-image level) and all the players can be replaced by other firms (i.e., via exits, entries, mergers, bankruptcies, etc.), and there will still be an international latent demand for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black at the aggregate level. Product and service offering details, and the actual identity of the players involved, while important for certain issues, are relatively unimportant for estimates of latent demand.
The Methodology
In order to estimate the latent demand for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black on a city-by-city basis, I used a multi-stage approach. Before applying the approach, one needs a basic theory from which such estimates are created. In this case, I heavily rely on the use of certain basic economic assumptions. In particular, there is an assumption governing the shape and type of aggregate latent demand functions. Latent demand functions relate the income of a country, city, state, household, or individual to realized consumption. Latent demand (often realized as consumption when an industry is efficient), at any level of the value chain, takes place if an equilibrium in realized. For firms to serve a market, they must perceive a latent demand and be able to serve that demand at a minimal return. The single most important variable determining consumption, assuming latent demand exists, is income (or other financial resources at higher levels of the value chain). Other factors that can pivot or shape demand curves include external or exogenous shocks (i.e., business cycles), and or changes in utility for the product in question.
Ignoring, for the moment, exogenous shocks and variations in utility across countries, the aggregate relation between income and consumption has been a central theme in economics. The figure below concisely summarizes one aspect of problem. In the 1930s, John Meynard Keynes conjectured that as incomes rise, the average propensity to consume would fall. The average propensity to consume is the level of consumption divided by the level of income, or the slope of the line from the origin to the consumption function. He estimated this relationship empirically and found it to be true in the short-run (mostly based on cross-sectional data). The higher the income, the lower the average propensity to consume. This type of consumption function is labeled 'A' in the figure below (note the rather flat slope of the curve). In the 1940s, another macroeconomist, Simon Kuznets, estimated long-run consumption functions which indicated that the marginal propensity to consume was rather constant (using time series data across countries). This type of consumption function is show as 'B' in the figure below (note the higher slope and zero-zero intercept). The average propensity to consume is constant.
Is it declining or is it constant? A number of other economists, notably Franco Modigliani and Milton Friedman, in the 1950s (and Irving Fisher earlier), explained why the two functions were different using various assumptions on intertemporal budget constraints, savings, and wealth. The shorter the time horizon, the more consumption can depend on wealth (earned in previous years) and business cycles. In the long-run, however, the propensity to consume is more constant. Similarly, in the long run, households, industries or countries with no income eventually have no consumption (wealth is depleted). While the debate surrounding beliefs about how income and consumption are related and interesting, in this study a very particular school of thought is adopted. In particular, we are considering the latent demand for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black across some 230 countries. The smallest have fewer than 10,000 inhabitants. I assume that all of these counties fall along a 'long-run' aggregate consumption function. This long-run function applies despite some of these countries having wealth, current income dominates the latent demand for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black. So, latent demand in the long-run has a zero intercept. However, I allow firms to have different propensities to consume (including being on consumption functions with differing slopes, which can account for differences in industrial organization, and end-user preferences).
Given this overriding philosophy, I will now describe the methodology used to create the latent demand estimates for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black. Since ICON Group has asked me to apply this methodology to a large number of categories, the rather academic discussion below is general and can be applied to a wide variety of categories, not just manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black.
Step 1. Product Definition and Data Collection
Any study of latent demand across countries requires that some standard be established to define “efficiently served”. Having implemented various alternatives and matched these with market outcomes, I have found that the optimal approach is to assume that certain key countries or cities are more likely to be at or near efficiency than others. These are given greater weight than others in the estimation of latent demand compared to others for which no known data are available. Of the many alternatives, I have found the assumption that the world’s highest aggregate income and highest income-per-capita markets reflect the best standards for “efficiency”. High aggregate income alone is not sufficient (i.e., China has high aggregate income, but low income per capita and can not assumed to be efficient). Aggregate income can be operationalized in a number of ways, including gross domestic product (for industrial categories), or total disposable income (for household categories; population times average income per capita, or number of households times average household income per capita). Brunei, Nauru, Kuwait, and Lichtenstein are examples of countries with high income per capita, but not assumed to be efficient, given low aggregate level of income (or gross domestic product); these countries have, however, high incomes per capita but may not benefit from the efficiencies derived from economies of scale associated with large economies. Only countries with high income per capita and large aggregate income are assumed efficient. This greatly restricts the pool of countries to those in the OECD (Organization for Economic Cooperation and Development), like the United States, or the United Kingdom (which were earlier than other large OECD economies to liberalize their markets).
The selection of countries is further reduced by the fact that not all countries in the OECD report industry revenues at the category level. Countries that typically have ample data at the aggregate level that meet the efficiency criteria include the United States, the United Kingdom and in some cases France and Germany.
Latent demand is therefore estimated using data collected for relatively efficient markets from independent data sources (e.g. Euromonitor, Mintel, Thomson Financial Services, the U.S. Industrial Outlook, the World Resources Institute, the Organization for Economic Cooperation and Development, various agencies from the United Nations, industry trade associations, the International Monetary Fund, and the World Bank). Depending on original data sources used, the definition of “manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black” is established. In the case of this report, the data were reported at the aggregate level, with no further breakdown or definition. In other words, any potential product or service that might be incorporated within manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black falls under this category. Public sources rarely report data at the disaggregated level in order to protect private information from individual firms that might dominate a specific product-market. These sources will therefore aggregate across components of a category and report only the aggregate to the public. While private data are certainly available, this report only relies on public data at the aggregate level without reliance on the summation of various category components. In other words, this report does not aggregate a number of components to arrive at the “whole”. Rather, it starts with the “whole”, and estimates the whole for all cities and the world at large (without needing to know the specific parts that went into the whole in the first place).
Given this caveat, this study covers “manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black” as defined by the North American Industrial Classification system or NAICS (pronounced “nakes”). manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black The NAICS code for manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black is 325188. It is for this definition of manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black that the aggregate latent demand estimates are derived. “Manufacturing basic inorganic chemicals excluding industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black” is specifically defined as follows:
325188
This U.S. industry comprises establishments primarily engaged in manufacturing basic inorganic chemicals (except industrial gases, inorganic dyes and pigments, alkalies and chlorine, and carbon black).
3251881
Sulfuric acid, gross (new and fortified)
32518810
Sulfuric acid, gross (new and fortified)
3251881000
Sulfuric acid, gross (new and fortified)
32518811
Sulfuric acid
3251881100
Sulfuric acid
3251881111
Sulfuric acid, elemental sulfur (100 percent H2SO4)
3251881121
Sulfuric acid, smelting metallic sulfide ore (100 percent H2SO4)
3251881131
Sulfuric acid, decomposition of alkylation and other spent acid (100 percent H2SO4)
3251881141
Sulfuric acid, other (100 percent H2SO4)
32518812
Sulfuric acid, by grade
3251881211
Sulfuric acid, by grade, oleum under 40 percent
3251881221
Sulfuric acid, by grade, oleum, 40 percent and over 40 percent
3251881231
Sulfuric acid, by grade, other than oleum grades
3251884
Inorganic acids, except nitric, sulfuric, and phosphoric
32518840
Inorganic acids, except nitric, phosphoric, and sulfuric
3251884000
Inorganic acids, except nitric, sulfuric, and phosphoric
3251884011
Boric (boracic) (100 percent H3BO3)
3251884015
Chlorosulfonic (100 percent SO2ClOH)
3251884021
Hydrochloric acid (including anhydrous), from salt and acid (100 percent HCl)
3251884025
Hydrochloric acid (including anhydrous), from chlorine and hydrogen (100 percent HCl)
3251884031
Hydrochloric acid (including anhydrous), byproduct and other (100 percent HCl)
3251884035
Anhydrous hydrochloric acid (hydrogen chloride, liquid or gas)(100 percent HCl)
3251884041
Hydrocyanic (including anhydrous) (100 percent HCN)
3251884045
Hydroflouric acid, produced and withdrawn from the system, anhydrous (100 percent HF)
3251884051
Hydroflouric acid, produced and withdrawn from the system, technical (100 percent HF)
3251884055
Mixed acid (sulfuric and nitric) (commodity weight)
3251884061
Perchloric (100 percent HClO4)
3251884065
Other inorganic acids, nec
32518841
Inorganic acids, excluding nitric, sulfuric and phosphoric
3251884100
Inorganic acids, excluding nitric, sulfuric and phosphoric
3251884125
Hydrochloric acid (including anhydrous), from chlorine and hydrogen (100 percent HCl)
3251884131
Hydrochloric acid (including anhydrous), byproduct and other (including from salt and acid) (100 percent HCl)
3251884141
Hydrocyanic (including anhydrous) (100 percent HCN)
3251887
Other inorganic aluminum compounds
32518870
Other inorganic aluminum compounds
3251887000
Other inorganic aluminum compounds
3251887011
Aluminum chloride, liquid and crystal (100 percent AlCl3)
3251887021
Aluminum chloride, anhydrous (100 percent AlCl3)
3251887031
Aluminum hydroxide, trihydrate (100 percent Al2O3.3H2O)
3251887041
Aluminum fluoride (technical)
3251887051
Aluminum sulfate, commercial(17 percent Al2O3)(excluding municipalities)
3251887061
Aluminum sulfate, iron~free (17 percent Al2O3)
3251887071
Aluminates (sodium aluminate, potassium aluminate, etc.) (100 percent by weight)
3251887081
Other inorganic aluminum compounds (light aluminum hydroxide, and cryolite, etc.)
32518871
Other inorganic aluminum compounds
3251887100
Other inorganic aluminum compounds
3251887121
Aluminum chloride, anhydrous (100 percent AlCl3)
3251887131
Aluminum hydroxide, trihydrate (100 percent Al2O3.3H2O)
3251887151
Aluminum sulfate, commercial (excluding municipalities) (17 percent Al2O3)
3251887161
Aluminum sulfate, iron_free (17 percent Al2O3)
3251887171
Aluminates (sodium aluminate, potassium aluminate, etc.) (100 percent)
325188A
Inorganic potassium and sodium compounds, except alkalies, alums, and bleaches
325188A0
Inorganic potassium and sodium compounds, except alkalies, alums, and bleaches
325188A000
Inorganic potassium and sodium compounds, except alkalies, alums, and bleaches
325188A1
Potassium and sodium compounds, excluding bleaches, alkalies, and alum
325188A100
Potassium and sodium compounds, excluding bleaches, alkalies, and alum
325188A111
Potassium iodide (100 percent KI)
325188A114
Potassium sulfate (100 percent K2SO4)
325188A117
Potassium pyrophosphate (tetrapotassium pyrophosphate) (100 percent K4P2O7)
325188A121
Potassium bromides (100 percent by weight)
325188A124
Potassium phosphates (100 percent)
325188A127
Potassium silicates (100 percent by weight)
325188A131
Other potassium salts and compounds nec (including potassium chlorate, nitrate, and perchlorate)
325188A134
Sodium (metal) (100 percent Na)
325188A137
Sodium bromides (100 percent by weight)
325188A141
Sodium chlorate (100 percent NaClO3)
325188A144
Sodium cyanides and cyanide oxides (100 percent by weight)
325188A147
Sodium hydrosulfide (sodium sulfhydrate) (100 percent NaSH)
325188A151
Sodium hydrosulfite (100 percent Na2S2O4)
325188A154
Sodium phosphate, monobasic (100 percent NaH2O4)
325188A157
Sodium phosphate, dibasic (100 percent Na2HPO4)
325188A161
Sodium phosphate, tribasic (100 percent Na3PO4)
325188A164
Sodium phosphate, tetrabasic (pyro) (100 percent Na4P2O7)
325188A167
Sodium phosphate, meta (100 percent NaPO3)
325188A171
Sodium phosphate, acid pyro (100 percent Na2H2P2O7)
325188A174
Sodium phosphate, tripoly (100 percent Na5P3O10)
325188A177
Other sodium phosphates (including mono_ and tribasic)
325188A181
Sodium silicate, soluble silicate glass (water glass, liquid and solid) (except metasilicates) (anhydrous)
325188A184
Sodium metasilicate pentahydrate (100 percent Na4SiO3.5H2O)
325188A187
Sodium metasilicate anhydrous (100 percent Na2SiO3)
325188A191
Sodium orthosilicate (100 percent Na4SiO4)
325188A194
Sodium sequisilicate (100 percent Na3SiO4.5H2O)
325188A197
Sodium silicofluoride (100 percent Na2SiF5)
325188A1A1
Sodium sulfate, high purity (100 percent Na2SO4)
325188A1A4
Sodium sulfate, lower purity (100 percent Na2SO4) and Glauber’s salt (100 percent Na2SO4.10H2O)
325188A1A7
Sodium sulfite (100 percent Na2SO3)
325188A1B1
Sodium thiosulfate (hypo) (100 percent Na2S2O3.5H2O)
325188A2
Other sodium compounds, nec
325188A211
Other sodium compounds, nec (including sodium bisulfate, biflouride, borate, and flouride; excluding bleaches)
325188D
Chemical catalytic preparations (excluding silica gel catalyst)
325188D0
Chemical catalytic preparations
325188D000
Chemical catalytic preparations (excluding silica gel catalyst)
325188D1
Chemical catalytic preparations, excluding silica gel catalyst
325188D100
Chemical catalytic preparations, excluding silica gel catalyst
325188G
All other inorganic chemicals, nec (inc nuclear fuel)
325188G0
All other inorganic chemicals, nec (including nuclear fuel, titanium tetrachloride, and other titanium compounds), carbon bisulfide (disulfide)
325188G000
All other inorganic chemicals, nec (including nuclear fuel, titanium tetrachloride, other titanium compounds, and carbon bisulfide (disulfide))
325188G011
Reagent and high purity grades of inorganic chemicals refined from purchased technical grades
325188G014
Antimony compounds (excluding pigment grades)
325188G017
Barium carbonate (precipitated) (100 percent BaCO3)
325188G021
Barium sulfate (100 percent BaSO4)
325188G023
Barium nitrate (100 percent Ba(NO3)2)
325188G024
Barium compounds, other than barium carbonate and barium sulfate (including barium chloride, peroxide, and sulfide, excluding pigment grades)
325188G027
Bismuth compounds (excluding bismuth carbonate)
325188G031
Bromine (isolated) (100 percent Br)
325188G034
Cadmium compounds
325188G037
Calcium carbide (commercial)
325188G041
Calcium carbonate (precipitated) (100 percent CaCO3)
325188G044
Calcium chloride (100 percent CaCl2)
325188G047
Calcium phosphates, monobasic (minimum 21 percent P) (100 percent CaH4(PO4)2)
325188G051
Calcium phosphates, dibasic (minimum 18.5 percent P) (100 percent CaHPO4)
325188G054
Calcium phosphates, tribasic, other than feed grades (100 percent Ca3(PO4)2)
325188G057
Other inorganic calcium compounds (excluding bleaches)
325188G061
Sodium bichromate and chromate (hydrous)
325188G064
Chromium compounds other than sodium bichromate and sodium chromate (including potassium bichromate and excluding chrome colors)
325188G067
Cuprous oxide (100 percent Cu2O)
325188G071
Copper hydroxides (100 percent by weight)
325188G074
Copper compounds other than cuprous oxide and copper hydroxides (including copper cyanide and copper sulfate)
325188G077
Gold compounds
325188G081
Hydrogen peroxide (100 percent by weight)
325188G084
Iodine, crude and resublimed (100 percent I) pounds
325188G087
Ferric chloride (100 percent FeCl2)
325188G091
Iron oxides and hydroxides, excluding iron oxide pigments (100 percent by weight)
325188G094
Iron compounds other than iron oxides, hydroxides and ferric chloride (including ferrous sulfate)
325188G097
Lithium compounds
325188G0A1
Magnesium chloride (100 percent MgCl2)
325188G0A4
Magnesium sulfate (100 percent MgSO4)
325188G0A7
Magnesium compounds other than magnesium chloride and magnesium sulfate (including magnesium and epsom salts)
325188G0B1
Manganese dioxides (100 percent MnO2)
325188G0B4
Manganese compounds other than manganese dioxides (including potassium, and other permanganates, battery grade, and manganese sulfate)
325188G0B7
Mercury, redistilled (100 percent by weight) pounds
325188G0C1
Mercury compounds (including mercuric oxide, excluding mercuric fulminate and medicinal grades)
325188G0C4
Molybdenum oxides (100 percent by weight)
325188G0C7
Molybdates (ammonium molybdate, sodium molybdates, etc.) (100 percent by weight)
325188G0D1
Molybdenum compounds other than molybdenum oxides and molybdates
325188G0D4
Nickel oxides and hydroxides (100 percent by weight)
325188G0D7
Nickel chloride (100 percent NiCl2)
325188G0E1
Nickel sulfate (100 percent NiSO4)
325188G0E4
Nickel compounds other than nickel oxides, hydroxides, nickel chloride and nickel sulfate
325188G0E7
Phosphorus, elemental (technical)
325188G0F1
Phosphorus oxychloride (100 percent POCl3)
325188G0F4
Phosphorus pentasulfide (100 percent P2S5)
325188G0F7
Phosphorus trichloride (chloride) (100 percent PCl3)
325188G0G1
Phosphorus compounds other than phosphorus oxychloride, phosphorus pentasulfide, and phosphorus trichloride (including phosphorus pentoxide)
325188G0G4
Rare earth compounds
325188G0G7
Silicon tetrachloride (siltet) (100 percent SiCl4)
325188G0H1
Silica gel
325188G0H4
Silicon compounds other than silicon tetrachloride and silica gel
325188G0H7
Silver compounds
325188G0J1
Strontium carbonate (100 percent SrCO2)
325188G0J4
Strontium compounds other than strontium carbonate
325188G0J7
Sulfur, recovered elemental (by weight) long tons
325188G0K1
Sulfur dioxide (produced for sale) (100 percent SO2)
325188G0K4
Sulfur compounds other than sulfur dioxide (including sulfur chloride)
325188G0K7
Tin chloride (100 percent SnCl4)
325188G0L1
Tin compounds other than tin chloride
325188G0L4
Tungstates (ammonium tungstate, sodium tungstate, etc.) (100 percent by weight)
325188G0L7
Tungsten compounds other than tungstates
325188G0M1
Zinc sulfate (100 percent ZnSO4.H2O)
325188G0M4
Zinc oxide and peroxide (100 percent by weight)
325188G0M7
Zinc chloride (100 percent ZnCl2)
325188G0N1
Zinc compounds other than zinc sulfate, zinc oxide and peroxide and zinc chloride (excluding pigment grades)
325188G0N4
Platinum, radium, tantalum, and thallium
325188G0N7
Chlorine and other inorganic bleaching compounds, industrial, liquid (sodium hypochlorite, etc., 7 percent or more available chlorine or equivalent oxidizing value; 100percent Cl equivalent)
325188G0P1
Chlorine and other inorganic bleaching compounds, industrial, dry (calcium hypochlorite, etc., 50 percent or more available chlorine or equivalent oxidizing value; 100 percent Cl equivalent)
325188G0P4
All other inorganic chemicals, nec (including nuclear fuel, titanium tetrachloride, and other titanium compounds)
325188H
ALL OTHER INORGANIC CHEMICALS
325188H1
All other inorganic chemicals
325188H120
All other inorganic chemicals
325188H130
Carbon bisulfide (disulfide)
325188MM
Miscellaneous receipts
325188P
Primary products
325188SM
Secondary products and miscellaneous receipts
325188SS
Secondary products
325188WYWW
Industrial inorganic chemicals, n.s.k.
Furthermore, the definition of NAICS code 325188 includes the following:
Aluminum chloride manufacturing
Aluminum compounds, not specified elsewhere by process, manufacturing
Aluminum hydroxide (i.e., alumina trihydrate) manufacturing
Aluminum sulfate manufacturing
Alums (e.g., aluminum ammonium sulfate, aluminum potassium sulfate) manufacturing
Ammonium chloride manufacturing
Ammonium compounds, not specified elsewhere by process, manufacturing
Ammonium hydroxide manufacturing
Ammonium molybdate manufacturing
Ammonium perchlorate manufacturing
Ammonium thiosulfate manufacturing
Antimony oxide (except pigments) manufacturing
Arsenates (except insecticides) manufacturing
Arsenic compounds, not specified elsewhere by process, manufacturing
Arsenites manufacturing
Barium compounds, not specified elsewhere by process, manufacturing
Barium hydroxide manufacturing
Beryllium oxide manufacturing
Bleaching agents, inorganic, manufacturing
Borax (i.e., sodium borate) manufacturing
Boric acid manufacturing
Boron compounds, not specified elsewhere by process, manufacturing
Borosilicate manufacturing
Bromine manufacturing
Calcium carbide, chloride, and hypochlorite manufacturing
Calcium hypochlorite manufacturing
Calcium inorganic compounds, not specified elsewhere by process, manufacturing
Carbides (e.g., boron, calcium, silicon, tungsten) manufacturing
Carbon disulfide manufacturing
Carbon inorganic compounds manufacturing
Carbonic acid manufacturing
Cerium salts manufacturing
Cesium and cesium compounds, not specified elsewhere by process, manufacturing
Chloride of lime manufacturing
Chlorine compounds, not specified elsewhere by process, manufacturing
Chlorine dioxide manufacturing
Chlorosulfonic acid manufacturing
Chromic acid manufacturing
Chromium compounds, not specified elsewhere by process, manufacturing
Chromium oxide manufacturing
Chromium salts manufacturing
Cobalt 60 (i.e., radioactive cobalt) manufacturing
Cobalt chloride manufacturing
Cobalt compounds, not specified elsewhere by process, manufacturing
Cobalt sulfate manufacturing
Copper chloride manufacturing
Copper compounds, not specified elsewhere by process, manufacturing
Copper iodide manufacturing
Copper sulfate manufacturing
Cyanides manufacturing
Deuterium oxide (i.e., heavy water) manufacturing
Dichromates manufacturing
Ferric chloride manufacturing
Ferric oxide manufacturing
Ferrocyanides manufacturing
Fluoboric acid manufacturing
Fluorine manufacturing
Fuel propellants, solid inorganic, not specified elsewhere by process, manufactur
Glauber's salt manufacturing
Heavy water (i.e., deuterium oxide) manufacturing
Hydrazine manufacturing
Hydrochloric acid manufacturing
Hydrocyanic acid manufacturing
Hydrofluoric acid manufacturing
Hydrofluosilicic acid manufacturing
Hydrogen peroxide manufacturing
Hydrogen sulfide manufacturing
Hydrosulfites manufacturing
Hypochlorites manufacturing
Hypophosphites manufacturing
Indium chloride manufacturing
Iodides manufacturing
Iodine, crude or resublimed, manufacturing
Iron compounds, not specified elsewhere by process, manufacturing
Iron sulphate manufacturing
Lead oxides (except pigments) manufacturing
Lead silicate manufacturing
Lithium compounds, not specified elsewhere by process, manufacturing
Magnesium carbonate manufacturing
Magnesium chloride manufacturing
Magnesium compounds, not specified elsewhere by process, manufacturing
Manganese dioxide manufacturing
Mercury chloride manufacturing
Mercury compounds, not specified elsewhere by process, manufacturing
Mercury oxide manufacturing
Nickel ammonium sulfate manufacturing
Nickel carbonate manufacturing
Nickel compounds, not specified elsewhere by process, manufacturing
Nickel sulfate manufacturing
Nuclear fuel scrap reprocessing
Nuclear fuels, inorganic, manufacturing
Oleum (i.e., fuming sulfuric acid) manufacturing
Perchloric acid manufacturing
Peroxides, inorganic, manufacturing
Phosphorus compounds, not specified elsewhere by process, manufacturing
Phosphorus oxychloride manufacturing
Potassium aluminum sulfate manufacturing
Potassium bichromate and chromate manufacturing
Potassium bromide manufacturing
Potassium chlorate manufacturing
Potassium chloride manufacturing
Potassium cyanide manufacturing
Potassium hypochlorate manufacturing
Potassiu
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