$160.0bn
$X.Xbn
89,863
799
$XX.Xbn
Revenue in the industry tends to expand when industrial activity improves. Downstream manufacturers often respond to growing demand by purchasing more raw materials in anticipation of higher production levels. However, industry revenue has experienced volatility due to the pandemic because of rising raw material prices, logistics issues and supply-side constraints in the years following the pandemic. Also, concerns have been surrounding demand because of the economic slowdown caused by inflationary pressure in the latter part of the current period. However, industry-wide revenue still grew at a CAGR of 4.0% to $160.0 billion over the past five years, despite a 2.2% dip in 2024.
Industry revenue has grown at a CAGR of 4.0 % over the past five years, to reach an estimated $160.0bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Royal Dutch Shell Plc | 4,560.5 | 244.7 | 5.4 | |
FMC Corporation | 3,918.3 | 207.7 | 5.3 | |
Methanex Corp | 1,835.5 | 97.3 | 5.3 |
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Industry revenue is measured across several distinct product and services lines, including Ethyl alcohol, Cyclic crudes, coal tar, wood chemical and intermediate products and All other basic organic chemical products. Ethyl alcohol is the largest segment of the Organic Chemical Manufacturing in the US.
Ethyl alcohol has many uses
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 that are used as raw material inputs by other manufacturing industries in the production of downstream products.
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NAICS 32519 - Organic Chemical Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Interest rate hikes throughout the period have affected downstream industries, reducing organic chemical demand. However, technology advancements, particularly in biocatalysi...
Learn about an industry's products and services, markets and trends in international trade.
Ethanol, a key ingredient in numerous products, is vital to several industries. However, escalating interest rates and inflation have negatively impacted sectors reliant on o...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The Great Lakes region has proximity to Canada, a significant export destination. Companies place organic chemical facilities near consumers and suppliers in this region.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price, customer service and customer reach drive industry competition. Given the commoditized nature of organic chemicals, prices are the central tenet of competition.
Learn about the performance of the top companies in the industry.
Royal Dutch Shell is a public company headquartered in the United Kingdom. Its largest market share is in the Motor Oil Manufacturing industry (IBISWorld report OD5687).
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Organic chemical manufacturers are subject to various federal, state and local regulations and environmental laws. They govern the discharge of materials into the environment...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has been subject to significantly volatile input costs. Downstream demand influences organic chemical prices and can be cyclical, as determined by the state of the bro...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Organic Chemical Manufacturing in the US industry in United States is $160.0bn in 2024.
There are 799 businesses in the Organic Chemical Manufacturing in the US industry in United States, which has grown at a CAGR of 1.1 % between 2019 and 2024.
The market size of the Organic Chemical Manufacturing in the US industry in United States has been growing at a CAGR of 4.0 % between 2019 and 2024.
Over the next five years, the Organic Chemical Manufacturing in the US industry in United States is expected to decline.
The biggest companies operating in the Organic Chemical Manufacturing market in United States are Royal Dutch Shell Plc, FMC Corporation and Methanex Corp
Manufacturing gum and wood chemicals and Manufacturing cyclic crudes and intermediates are part of the Organic Chemical Manufacturing in the US industry.
The company holding the most market share in United States is Royal Dutch Shell Plc.
The level of competition is low and steady in the Organic Chemical Manufacturing in the US industry in United States.