$1.7bn
$XX.Xm
1,040
132
$XXX.Xm
The Basic Organic Chemical Manufacturing industry has undergone structural and operational changes over the past few years. Several companies have ceased or cut down local production because of changing market conditions and the industry is in the decline phase of its economic life cycle. Various other chemical sectors use basic organic chemical products as raw material inputs to manufacture petrochemicals, pharmaceuticals, personal-care products, coatings, plastics and explosives. Many of these industries, as are upstream petrochemical suppliers, are undergoing structural change given ongoing cuts to Australia's refining and associated petrochemical capacity.
Industry revenue has grown at a CAGR of 3.5 % over the past five years, to reach an estimated $1.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Manildra Group | 53.7 | |
Qenos Holdings | 39.5 | |
Indorama Ventures Oxides Australia | 38.7 |
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Industry revenue is measured across several distinct product and services lines, including Basic organic chemicals, Ethyl alcohol and Plasticisers. Basic organic chemicals is the largest segment of the Basic Organic Chemical Manufacturing in Australia.
Disruptions in domestic demand weigh on basic organic chemicals
Industry manufacturers produce various basic organic industrial chemicals that are mainly used as inputs in other chemical manufacturing processes. Key products include wood and gum chemicals, high-grade activated charcoal, and organic dyes and pigments. Other products include organic acids and industrial alcohols like ethanol, methanol, ethylene glycol and ether.
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ANZSIC 1812 - Basic Organic Chemical Manufacturing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Changes in revenue reflect volatile input prices. When raw materials or feedstock prices ramp up, manufacturers need to spend more on purchases, dampening revenue growth.
Learn about an industry's products and services, markets and trends in international trade.
'Organic chemicals' refers to chemicals derived from carbon – like petroleum and natural gas. Basic organic chemicals are building blocks or intermediate inputs consumed in m...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Victoria’s Altona petrochemical complex and New South Wales’s Botany petrochemical complex are centres of industry activity. These facilities have long histories and remain a...
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.
Manufacturers compete internally on product performance, innovation and quality. Price competition is limited because of Australia’s status as a price taker – global chemical...
Learn about the performance of the top companies in the industry.
The Basic Organic Chemical Manufacturing industry doesn't have any major players. The industry is highly fragmented, and most manufacturers are small in scale and have relati...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Basic organic chemical manufacturers must adhere to chemical and environmental regulations. For example, companies must comply with the Australian Industrial Chemicals Scheme...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Despite poor revenue performance, profit margins have been expanding. Greater automation and downsizing have enabled manufacturers to generate wider product profit margins.
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Basic Organic Chemical Manufacturing industry in Australia is $1.7bn in 2024.
There are 132 businesses in the Basic Organic Chemical Manufacturing industry in Australia, which has declined at a CAGR of 0.2 % between 2019 and 2024.
The market size of the Basic Organic Chemical Manufacturing industry in Australia has been growing at a CAGR of 3.5 % between 2019 and 2024.
Over the next five years, the Basic Organic Chemical Manufacturing industry in Australia is expected to grow.
The biggest companies operating in the Basic Organic Chemical Manufacturing market in Australia are Manildra Group, Qenos Holdings and Indorama Ventures Oxides Australia
Basic organic chemicals and Plasticisers are part of the Basic Organic Chemical Manufacturing industry.
The company holding the most market share in Australia is Manildra Group.
The level of competition is moderate and increasing in the Basic Organic Chemical Manufacturing industry in Australia.