Thursday, September 13, 2018

US Shipping Data from the Census Bureau


The US Census Bureau’s Manufacturing and International Trade Report provides the value of chemical products produced and shipped by all producers.  (Click here to find the 2016 report.  Products are listed by their NAICS codes with most of the chemical products covered by codes 324, 325, and 326.)

Shipping value data on chemical products in the report was used to produce my following table:

product category 
2016 shipping value (billion US dollars)
companies with likely influential pricing power
Adhesives
24
Arkema; Avery Dennison; H. B. Fuller; Henkel; Huntsman
Artificial and synthetic fibers and filaments
8
Asahi Kasei; Eastman; Indorama Ventures; Teijin; Toray
Asphalt paving mixtures and blocks
24
CRH; Lafargeholcim; Owens Corning
Building and construction fabricated plastics products
11
Asahi Kasei; BASF; DowDupont; Evonik
Chemical catalytic preparations
6
Clariant; Johnson Matthey; WR Grace
Creams and lotions
8
Estee Lauder; KAO; Proctor & Gamble; Shiseido; Unilever
Cyclic (coal tar) intermediates
7
Koppers
Cyclic and acyclic chemicals and chemical products
18
Arkema; BASF; DowDupont
Ethyl and other organic alcohols
34
GreenPlains; Pacific Ethanol; Valero
Hair preparations (e.g., shampoos)
7
Estee Lauder; Proctor & Gamble; Unilever
Industrial gases
9
Air Liquide; Air Products & Chemicals; Linde; Praxair
Industrial Rubber products
7
Bridgestone; Lanxass; Yokohama
Inorganic chemicals
30
BASF; DowDupont
Jet fuel
30
Chevron; Exxon Mobile; Shell
Liquefied refinery gases
41
BP; Chevron; China Petroleum & Chemicals; ExxonMobil; Total
Lubricating oils and greases
5
Fuchs Lubricants; Idemisu Kosan; Valvoline
Organic chemicals
86
Givaudan; Sensient; Symrise
Paints and coatings
42
AkzoNobel; PPG; Sherwin Williams
Pesticides and other agricultural chemicals
18
BASF; Bayer; DowDupont
Phosphatic fertilizers
6
Nutrien; Mosaic
Plastics packaging  (includes bags and bottles)
56
AMCOR; Aptar; Bemis; DS Smith; Sealed Air; Silgan; Sunoco;
Plastics pipe
8
Shin-Etsu; Mexichem
Polishes
8
Cabot Microelectronics
Soaps and detergents, cleaning products (household, commercial, industrial, and institutional)
41
Colgate Palmolive; Proctor Gamble; Unilever
Surface active agents (surfactants)
10
Clariant; DowDupont
Synthetic dyes and pigments
7
BASF; Clariant; DIC; Huntsman
Synthetic rubber
20
Lanxess
Thermosetting resins and plastics materials
9
Eastman; Evonik; LyondellBasell; Solvay
Tires
7
Bridgestone; Goodyear; Michelin


For each NAISC “broad” chemical category, for example those shown in the table, I believe the category represents a distinct product category that businesses would choose to specialize in.  Only general categories, where the 2016 shipment value exceeded $5 billion, are shown.  In other words, these are chemical product areas that companies would look to specialize in and gain market share; and could be characterized by that specialization.  For each category, I have provided in the table companies that likely have influential pricing power.  Companies were selected based on the amount of their 2017 revenues and on having at least a reportable segment (or at least a major part of a reportable segment) producing the product category.

The table might be useful if one is interested in identifying a company in a product category that has influential pricing power.   Influential pricing power can be considered as a company positive, likely indicating successful operations and finances.




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