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Hoover's Directories > Industry Overviews > Industrial Chemical Manufacturing

Industrial Chemical Manufacturing

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Industry Description

The US industrial chemical manufacturing industry includes about 1,400 companies with combined annual revenue of about $200 billion. Large companies include divisions of Dow, DuPont, and Occidental. The US industry is concentrated: the 50 largest companies generate about 70 percent of revenue. Specific market segments are often dominated by just a handful of competitors. As few as eight companies account for almost all revenues in the petrochemical and carbon black sectors, for example.

SIC: 2812, 2813, 2816, 2819, 2861, 2865, 2869
NAICS: 325110, 325120, 325131, 325132, 325181, 325182, 325188, 325191, 325192, 325193, 325199
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Top 5 Companies

CompanySalesLocation
Chevron Corporation253,706.00MSan Ramon, CA
BASF SE84,644.50MLudwigshafen, Germany
Mitsubishi Chemical Holdings Corporation38,213.43MTokyo, Japan
Saudi Basic Industries Corporation27,465.97MRiyadh, Saudi Arabia
Compañía Española de Petróleos, S.A.26,320.57MMadrid, Spain
Bullet - Yellow Arrow Box There are 54,510 companies in this industry. To view all of them, register now.

Industry Indicator

US nondurable goods manufacturers' shipments of chemical products, an indicator of industrial chemicals production, rose 8.6 percent in the first eleven months of 2011 compared to the same period in 2010.
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Quarterly Industry Update

Chemical Manufacturers Face Inventory Reductions - With the US economy struggling and the European debt crisis looming, manufacturers are reducing their chemical stocks and delaying new orders. Leading chemical manufacturers BASF...
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