Industry Analysis & Industry Trends
The Inorganic Basic Chemical Manufacturing industry plays an important role in the UK chemical sector, producing a number of intermediate products used as basic chemicals in either industrial processes or manufacturing products. Such products include colloidal precious metals (e.g. silver nitrate), chlor-alkali products, sodium cyanide, caustic soda and soda ash.
Reflecting the cyclical and global nature of the chemical sector, industry growth rates have been relatively volatile over the past five years. The economic downturn resulted in a sharp decline in industry revenue just prior to the five-year period through 2016-17 and the effects of the downturn continued through the early part of the period... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Inorganic Basic Chemical Manufacturing industry is considered to be in the mature phase of its life cycle. Recently, the industry has undergone a process of consolidation, with a number of players leaving the industry in the face of increasing competitive pressures. Others have shut down plants in response to sluggish industrial demand and the closure of downstream manufacturing facilities as they shifted offshore to new low-cost bases. These developments have all combined to result in falling enterprise and establishment a numbers.
At the same time, the industry's brands have remained relatively steady, as have the clearly defined segmented product groups and user industries. Rec.. purchase to read more