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Organic Basic Chemical Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Organic Basic Chemical Manufacturing Market Research Report | SIC C20.140 | Dec 2016

Chain reaction: Volatile oil and gas prices have severely hampered the industry's performance

IBISWorld’s Organic Basic Chemical Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Exxonmobil Chemical Limited Exxonmobil Chemical Limited market share
Industry Statistics & Market Size
Revenue
£12bn
Annual Growth 12-17
0.3%
Annual Growth 17-22
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Profit
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Employment
12,728
Businesses
126
Industry Analysis & Industry Trends

The Organic Basic Chemical Manufacturing industry plays an important role in the UK chemical sector. Operators convert petrochemical feedstocks into basic organic chemicals such as olefins. Many of the products manufactured by the industry are the fundamental building blocks in a variety of consumer and industrial products.

The revenue of the Organic Basic Chemical Manufacturing industry plummeted in response to the financial crisis and more than halved in the space of two years between 2007-08 and 2009-10. Industry demand has since recovered somewhat, although the industry is significantly smaller than it was prior to the recession. New capacity in low-cost countries, particularly in the Middle East, has made it difficult to regain lost ground over the past five years... purchase to read more

Industry Report - Starting a New Business Chapter

A number of barriers to entry exist for the Organic Basic Chemical Manufacturing industry not least of which is the level of capital required. Indeed the industry is highly capital-intensive, and hundreds of millions of pounds are required to construct a complex that is competitive on the world stage. For example, a world-class ethylene plant is thought to cost more than US$1 billion (£600 million) to construct.

Given the heavy reliance on various feedstocks like natural gas liquids and petroleum, the ability to access a steady supply of competitively priced raw materials is essential. Man.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Organic Basic Chemical Manufacturing Industry?

Companies in this industry manufacture organic chemicals via basic processes such as thermal cracking and distillation. Manufactured from refined petroleum or liquid hydrocarbons sourced from the upstream oil and gas extraction industries, the industry's products are used in a wide variety of products including consumer goods, automotive components and various durable and consumable goods.

Industry Products
EthylenePropylene
 
Industry Activities
Manufacturing basic organic chemicalsManufacturing synthetic aromatic productsDistilling coal tar


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