Inorganic Basic Chemical Manufacturing in the UK - Industry Market Research Report

Corrosive chemicals: Industry revenue is expected to fall in 2023-24 due to high import competition

The inorganic basic chemical manufacturing industry's revenue has expanded at a compound annual rate of 2.3% over the past five years. The inorganic basic chemical manufacturing industry faced considerable supply chain disruptions during the COVID-19 outbreak, reducing the industry's overall production and pushing down revenue. However, manufacturers of inorganic basic chemicals used to produce antiseptic products and cleaning solutions benefitted from the spike in health awareness and the need for cleaning supplies. Companies in the industry manufacture a wide range of inorganic basic chemicals. These are often produced in bulk and involve the large-scale conversion of simple raw materials into feedstock. These are then used as intermediate inputs by other manufacturing industries, including other components of the chemical sector. The industry excludes the production of titanium dioxide, nitric acid and ammonia and its derivatives. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.