In the five years to 2015, revenue for the Industrial Gas and Basic Chemical Manufacturing industry in China is expected to grow at an annualized rate of 11.8%, to reach $51.7 billion. As the industry produces a wide range of chemical raw materials, its performance is largely determined by the activities of downstream manufacturing industries, such as the Iron and Steel Smelting industry (IBISWorld industry report 3210).
Over the five-year period, growth rates have varied widely among product segments. The industrial gases segment experienced steady growth, while market conditions for yellow phosphorus fluctuated dramatically.
The Industrial Gas and Basic Chemical Manufacturing industry in China manufactures basic industrial chemicals used in industrial processes or manufacturing products. The industry is not involved in the production of inorganic acids, alkalis and chemical fertilizers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.