Sales in the UK's Chemicals Industry Increased by 12.6% to Reach GBP 55.1bn.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c46849) has announced the addition of Chemical Industry Market Report 2006 to their offering. The chemical industry is the largest manufacturing sector in the UK, which is in turn among the top ten chemical-producing nations in the world. UK manufacturers' total sales of chemicals and chemical products increased by an estimated 12.6% between 2001 and 2005, to [pounds sterling]55.1bn at manufacturers' selling prices (msp). Growth would have been even faster but for the impact of the global economic slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. that occurred in 2001 and 2002, together with the intense competition within the industry, which has affected UK suppliers' sales and held back price increases. Although this report focuses on the UK, the chemical industry is a highly globalised sector, which processes raw materials and supplies intermediates (semi-processed raw materials) to other manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation in the UK and worldwide. Consequently, the industry is strongly dependent upon the performance of the international economy and on global prices for raw materials such as oil and other commodities. Indeed, the chemical industry is vulnerable to slowdowns in the wider economy, because its products are used in almost all manufacturing sectors, from electronics to pharmaceuticals, and its output forms the basis for a host of everyday products. The industry is dominated by international companies and has experienced a wave of consolidation over the past 5 years. However, there are still many small companies in the biotechnology sector and some of the largest companies have demerged their life-sciences and agrochemical agrochemical Any chemical used in agriculture, including chemical fertilizers, herbicides, and insecticides. Most are mixtures of two or more chemicals; active ingredients provide the desired effects, and inert ingredients stabilize or preserve the active ingredients or aid interests. It is forecast that UK manufacturers' sales of chemicals and chemical products will continue to increase at a healthy pace over the next 5 years. Growth is expected to slow in 2007 and 2008 as the global economy slows and as extra capacity comes onstream, depressing prices. However, global economic growth should begin to accelerate again in 2009 and 2010. Overall, the long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. outlook for the UK chemical industry appears positive, although there are likely to be significant changes within the industry over the next 5 years. UK production of relatively simple chemicals is likely to decline as these activities continue to be transferred to lower-cost bases in the developing world. However, the hi-tech, high-value-added end of the market, where the UK has a significant competitive advantage, should continue to expand at a rapid rate. The pharmaceutical industry, in particular, is likely to experience continued strong growth. Topics Covered 1. Market Definition 2. Market Size 3. Industry Background 4. Competitor Analysis Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. Created by Michael Porter competitor analysis focuses on four key aspects: competitor's objectives, competitor's assumptions, 5. Strengths, Weaknesses, Opportunities and Threats 6. Buying Behaviour 7. Current Issues 8. The Global Market 9. Forecasts 10. Company Profiles 11. Consumer Confidence 12. Further Sources Companies Mentioned * Astrazeneca Plc * The BOC (Bell Operating Company) One of 22 companies that was formerly part of AT&T and later organized into seven regional companies. See RBOC. Group Plc * BP Chemicals Ltd * Cookson Group Cookson Group plc is a leading materials technology company headquartered in London, England, which provides materials, processes and services to customers worldwide. The Group's operations are formed into three divisions – Electronics, Ceramics and Precious Metals. Plc * Croda International Croda International plc is a chemicals company based in Yorkshire in northern England. It is listed on the London Stock Exchange (LSE: CRDA) and is a constituent of the FTSE 250 Index. Croda was founded in 1925 to manufacture lanolin. PLC * Glaxosmithkline Plc * Imperial Chemical Industries Plc Imperial Chemical Industries PLC (ICI) Major British chemical corporation. It was founded in 1926 as Imperial Chemical Industries Ltd. to amalgamate four major British chemical companies. Between World Wars I and II, ICI was a major competitor of IG Farben. * Johnson Matthey Johnson Matthey plc (LSE: JMAT) is a British chemical company which has its headquarters near Holborn in central London. It is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index. Plc * Shell Chemicals UK Ltd * Yule Catto & Co PLC For more information visit http://www.researchandmarkets.com/reports/c46849 |
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