Corrosive: Weak demand from other manufacturers and rising imports have dissolved revenue
The Basic Organic Chemical Manufacturing industry has undergone structural and operational changes over the past few years. Several companies have ceased or cut down local production because of changing market conditions, and the industry is in the decline phase of its economic life cycle. A range of other chemical sectors use basic organic chemical products as raw material inputs to manufacture petrochemicals, pharmaceuticals, personal-care products, food and beverages, coatings, plastics and explosives.
Industry manufacturers produce various basic organic industrial chemicals that are mainly used as inputs in other chemical manufacturing processes. Key products include wood and gum chemicals, high-grade activated charcoal, and organic dyes and pigments. Other products include organic acids and industrial alcohols like ethanol, methanol, ethylene glycol and ether.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Methodology
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