Analyzing the Australian Chemical Industry 2019

Growing at an expected rate of 1.6%, the Australian chemical industry is expected to cross a value of around USD 45 billion by the end of 2022.

The Australian chemical industry has been struggling in recent years. However, with globalization today being a crucial driving force behind the chemical industry, it is expected that the landscape of the Australian chemical industry is likely to witness some major changes in the coming years. Government regulation, concerns about climate change, technological change, and sustainability considerations, are all expected to have a profound impact on Australia's chemical industry.

Projections for the Australian chemical industry are that unless a stronger emphasis is placed on research and development then Australia will lose any footing in the international market. This is not only due to the number of companies moving processing and research off-shore, but also due to the decreasing number of university students enrolled in chemistry.

Australia’s chemicals market is relatively small for a country so economically developed; one possible reason is that the Australian population is also comparatively small when compared to the geographical size of the country. Expansion in the Australian GDP is forecast to slow down during the next five years, which will lead to weaker demand for chemicals, both as raw materials for other processes and as end products.

Analyzing the Australian Chemical Industry 2019 looks at the basics of the industry, the industry size, segments, structure, and creates an in-depth profile of the industry from these information. The competitive scenario of the industry, how the industry is placed in an international marketplace.

Market entry strategies, the regulatory role of the government, the major players in the market, and the development of an integrated packaging concept in the Australian Chemical Industry are all areas focused on in this comprehensive report.