The market is dominated by foreign suppliers, as imports account for 50.4% of total market size in 2023. B2B drives market demand, with B2B spending representing 87.3% of total demand in 2023. The US has the largest market size for photochemicals, explosives and other chemicals across the top 20 developed countries, with demand reaching USD123 billion in 2023. Eco Services Operations LLC is the largest company in the US, generating 3.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 15.1% of total production value in 2023. The total number of companies increases in 2023, to 5,841 units. The costs of the industry increase by 4.2% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 22.0% of production value in 2023, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 43.2% of total production output. With production value of USD92.2 billion, the US accounts for 91.8% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Photochemicals, Explosives and Other Chemicals in the US: ISIC 2429. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Photochemicals, Explosives and Other Chemicals in the US: ISIC 2429 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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