Industry Analysis & Industry Trends
Australia's Basic Inorganic Chemical Manufacturing industry has a varied history, with origins dating back to the 1860s when various acids and chlor-alkali products were first produced. Today the industry still forms a vital part of the nation's overall chemical sector, providing important intermediate chemical products used as basic chemicals in various industrial processes and manufactured products.
However, the industry is undergoing a process of gradual change and evolution as it adapts to its new operating environment. This has resulted in a period of rationalisation and restructuring, a process that is still occurring in 2012-13... purchase to read more
Industry Report - Industry Analysis Chapter
The Basic Inorganic Chemical Manufacturing industry is affected by both cyclical economic factors and specific chemical sector conditions. The industry is mature, so cyclical supply and demand balances within the industry and in downstream user industries have a significant effect on industry performance.
In line with the cyclical nature of the global chemical industry and significant variations in world demand and supply, the performance of the industry has been weak over most of the five-year period through 2012-13. With four consecutive years of falling sales, the industry has lost ground over the five-year period. In 2012-13, industry revenue is forecast to total $2.85 billion, down from $3.73 billion five years earlier. This equates to an annualised contraction of 5.3%... purchase to read more