Basic Inorganic Chemical Manufacturing in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: August 2024
ANZSIC C1813Revenue
$2.8bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
2,938
Businesses
77
Wages
$XXX.Xm
Basic Inorganic Chemical Manufacturing in Australia industry analysis
The Basic Inorganic Chemical Manufacturing industry's performance has been highly volatile in recent years. Since the industry focuses on international markets, volatility in export markets has weighed on industry-wide performance. Marked fluctuations in global chemical commodity prices have added to the industry's volatility. The industry has also contended with various challenges, including ongoing structural changes in Australia's wider industrial economy and supply chain disruptions associated with the COVID-19 pandemic.
Trends and Insights
- Basic inorganic chemicals are essential inputs in a wide variety of manufactured goods. This means that ongoing structural changes in Australia's manufacturing sector have affected the industry’s recent performance. Some global basic chemical manufacturers have ceased their operations in Australia.
- Basic inorganic chemicals are generally derived from metals and non-metallic minerals like salt. The industry produces a range of basic inorganic chemicals that the wider chemical sector uses to make other solid or liquid chemical products.
- Many small industry plants are in Victoria and New South Wales, in line with the chemical manufacturing sector’s general geographic spread. Basic inorganic chemicals are used as inputs across other chemical processes, reflecting these products’ intermediate nature.
- Given the industry's commodity-based product portfolio, price primarily drives internal competition for basic inorganic chemical manufacturers. Prices are often set globally, meaning Australian manufacturers act as price takers.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 3.9 % over the past five years, to reach an estimated $2.8bn in 2024.
Trends and Insights
The industry's volatile performance reflects its dependency on international markets and global chemical commodity prices
- Given the industry's heavy reliance on international trade, any variations in exports and imports significantly influence the industry's performance on a yearly basis.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Both opportunities and challenges are set to shape the industry's operating environment
- Basic inorganic chemicals are used as essential raw materials, additives and catalysts in various manufacturing processes. The resulting products are then used by a host of industries, including automotive and electronics manufacturing, agriculture, mining and construction. This means that developments in these sectors will shape the industry's performance going forwards.
Biggest companies in the Basic Inorganic Chemical Manufacturing in Australia
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
Tronox | 500.5 | |
Wesfarmers | 450.0 | |
Ixom | 385.0 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Inorganic or mineral colouring matter, Sodium cyanide and Ammonia products. Inorganic or mineral colouring matter is the largest segment of the Basic Inorganic Chemical Manufacturing in Australia.
Trends and Insights
Titanium dioxide pigments dominate sales of inorganic or mineral colouring matter
- This segment contains products like Prussian blue, cadmium pigments and red and white lead.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Basic Organic Chemical Manufacturing in Australia
- Copper, Silver, Lead and Zinc Smelting and Refining in Australia
Complementors
- Fertiliser Manufacturing in Australia
- Pesticide Manufacturing in Australia
- Soap and Cleaning Compound Manufacturing in Australia
International industries
- Dye & Pigment Manufacturing in the US
- Inorganic Chemical Manufacturing in the US
- Inorganic Chemical Manufacturing in Canada
- Dye & Pigment Manufacturing in the UK
- Inorganic Basic Chemical Manufacturing in the UK
Table of Contents
About this industry
Industry definition
Industry manufacturers produce a variety of basic inorganic chemicals, which tend to be intermediate products used as basic chemicals in industrial processes or manufacturing products. Key industry products include inorganic dyes and pigments, chromium sulphate, acids, industrial salts, soda ash and chlor-alkali products.
What's included in this industry?
Inorganic acidsInorganic or mineral colouring matterChlor-alkali products Aluminium hydroxide Ammonia productsSodium cyanideCalcium chloride, fluoride and chromium sulphatesHydrogen peroxide, sodium hydroxide and sulphur compoundsCompanies
TronoxWesfarmersIxomPurchase this report to view all 5 major companies in this industry.
Related Terms
TITANIUM DIOXIDE PIGMENTSODIUM CYANIDECHLOR-ALKALIIndustry Code
ANZSIC 1813 - Basic Inorganic Chemical Manufacturing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Basic inorganic chemicals are essential inputs in a wide variety of manufactured goods. This means that ongoing structural changes in Australia's manufacturing sector have af...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Basic inorganic chemicals are generally derived from metals and non-metallic minerals like salt. The industry produces a range of basic inorganic chemicals that the wider che...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Many small industry plants are in Victoria and New South Wales, in line with the chemical manufacturing sector’s general geographic spread. Basic inorganic chemicals are used...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Given the industry's commodity-based product portfolio, price primarily drives internal competition for basic inorganic chemical manufacturers. Prices are often set globally,...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Several large companies dominate the industry. Each of the industry’s major players tends to dominate a particular product segment, competing both domestically and globally.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Tronox's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Wesfarmers's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Ixom's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Tronox, and factors influencing its performance in the industry
- Description and key data for Wesfarmers, and factors influencing its performance in the industry
- Description and key data for Ixom, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
According to the industry body Chemistry Australia, the wider chemical sector supplies 108 of Australia's 114 industries. This means developments in key downstream markets, i...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Several large basic chemical manufacturers’ presence significantly influences the industry's average cost structure. Small manufacturers typically have a relatively lower pro...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Basic Inorganic Chemical Manufacturing industry in Australia in 2024?
The market size of the Basic Inorganic Chemical Manufacturing industry in Australia is $2.8bn in 2024.
How many businesses are there in the Basic Inorganic Chemical Manufacturing in Australia industry in 2024?
There are 77 businesses in the Basic Inorganic Chemical Manufacturing industry in Australia, which has grown at a CAGR of 0.5 % between 2019 and 2024.
Has the Basic Inorganic Chemical Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Basic Inorganic Chemical Manufacturing industry in Australia has been growing at a CAGR of 3.9 % between 2019 and 2024.
What is the forecast growth of the Basic Inorganic Chemical Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Basic Inorganic Chemical Manufacturing industry in Australia is expected to grow.
What are the biggest companies in the Basic Inorganic Chemical Manufacturing market in Australia?
The biggest companies operating in the Basic Inorganic Chemical Manufacturing market in Australia are Tronox, Wesfarmers and Ixom
What does the Basic Inorganic Chemical Manufacturing in Australia include?
Inorganic acids and Inorganic or mineral colouring matter are part of the Basic Inorganic Chemical Manufacturing industry.
Which companies have the highest market share in the Basic Inorganic Chemical Manufacturing in Australia?
The company holding the most market share in Australia is Tronox.
How competitive is the Basic Inorganic Chemical Manufacturing industry in Australia?
The level of competition is high and increasing in the Basic Inorganic Chemical Manufacturing industry in Australia.
