Industry Analysis & Industry Trends
A fragmented and diverse industry, the Chemical Product Manufacturing industry is still a relatively significant component of the overall UK chemical industry, accounting for about 16% of industry revenue and 15% of industry employment. It is estimated to comprise 480 industry participants producing a disparate range of products, including photographic plates and films, antifreeze preparations, gelatine, writing inks, activated carbon, transmission fluids and composite diagnostic or laboratory reagents.
Growth in industry revenue has been cyclical in recent years and highly volatile, although expected average growth rates equate to just 0.1% in the five years to 2011-12... purchase to read more
Industry Report - Starting a New Business Chapter
While a number of barriers to entry exist for the industry as a whole, barriers tend to vary between industry segments, being relatively higher in some segments (diagnostic or laboratory reagents) and more modest in others (e.g. drawing inks and cement additives). Of particular importance is the overall mature nature of most industry products, which are often produced by well-established manufacturers that are often part of bigger chemical groups.
In the case of those products deemed to be low-volume and low-value commodity and which are produced around the world (such as drawing and writing inks), the existence of significant import competition can act as an entry barrier... purchase to read more