Research and Markets has announced the addition of the updated "Analyzing the Australian Chemical Industry" report to their offering.
The chemicals market consists of base, consumer, pharmaceutical, specialty and fine chemicals. Market values are taken at producer selling price (PSP). Projections for the Australian chemical industry, with its annual $90 million turnover, are that unless a stronger emphasis is placed on research and development then Australia will lose any footing in the international market. This is not only due to the number of companies moving processing and research off-shore, but also due to the decreasing number of university students enrolled in chemistry.
Australia's chemicals market is relatively small for a country so economically developed; one possible reason is that the Australian population is also comparatively small when compared to the geographical size of the country. Expansion in the Australian GDP is forecast to slow down during the next five years, which will lead to weaker demand for chemicals, both as raw materials for other processes and as end products.
Aruvian's R'search's report on Analyzing the Australian Chemical Industry looks at the basics of the industry, the industry size, segments, structure, and creates an in-depth profile of the industry from these information. The competitive scenario of the industry, how the industry is placed in an international marketplace. Market entry strategies, the regulatory role of the government, the major players in the market, and the development of an integrated packaging concept in the Australian Chemical Industry are all areas focused on in this comprehensive report.
Companies Mentioned
- CSL Limited
- Nufarm Limited
- Sigma Co Limited
- Orica Limited
- Huntsman Chemical Company Australia
- Tiger Chemical Company
Source: http://www.researchandmarkets.com/