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Organic Chemical Manufacturing in Minnesota - Industry Market Research Report

  • ID: 4659504
  • Report
  • September 2018
  • Region: United States
  • 20 pages
  • IBISWorld
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Corny recovery: The industry will rebound as the price of corn resurges

FEATURED COMPANIES

  • Fremont Industries LLC
  • Highwater Ethanol LLC
  • Hobo Inc.
  • MORE

Organic Chemical Manufacturing in Minnesota

The Organic Chemical Manufacturing industry in Minnesota manufactures basic organic chemicals (other than petrochemicals), industrial gases and synthetic dyes and pigments. Key product groups include gum and wood products, ethyl alcohol and other basic organic chemicals. These products are intermediates that are used as inputs by other manufacturing industries in downstream production. Over the five years to 2018, the industry has declined in response to sharp downturns in the price of corn, which provides raw material for a majority of industry products. Operators in Minnesota have experienced a similar rate of decline to that of the national industry, despite differences between the state and national industry structures. Over the five years to 2023, the Organic Chemical Manufacturing industry in Minnesota is expected to rebound as the price of corn increases. Demand from downstream manufacturers is also projected to continue growing, further boosting revenue.

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 used as raw material inputs by other manufacturing industries in downstream production.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Fremont Industries LLC
  • Highwater Ethanol LLC
  • Hobo Inc.
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Highwater Ethanol LLC
  • Hobo Inc.
  • Fremont Industries LLC
  • Lubrication Technologies Inc.
Note: Product cover images may vary from those shown
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