Other Basic Organic Chemical Manufacturing in the US

Competition Leaves Industry Hanging By a Thread

This industry manufacturers a variety of products which are sold in numerous, highly competitive markets. Competition increases may lessen market share and prices, potentially reducing profit. Given the mature nature of the domestic market, this industry will need to look at expanding into new geographic markets, while success of the local industry is dependant on competing with firms of lower labor cost countries. This can be achieved by emphasizing the convenience from proximity and patriotism for domestically produced products.

This industry consists of establishments primarily engaged in (1) manufacturing cellulosic (i.e., rayon and acetate) and noncellulosic (i.e., nylon, polyefin, and polyester) fibers and filaments in the form of monofilament, filament yarn, staple, or tow or (2) manufacturing and texturing cellulosic and noncellulosic fibers and filaments. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.