Australia photochemicals market reported healthy growth of 6% CAGR during 2000 to 2010
Photochemicals, Explosives and Other Chemicals in Australia: ISIC 2429 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-01 17:53:02
The Australian photochemicals, explosives and other chemicals market reached A$4.3 billion in 2010 and saw a healthy growth of 6% annually on average over 2000-2010. However, the market saw a few percentage points decline value in the last two years of the review period due to the global economic downturn. Chemicals are essential in a range of technological processes.
Consequently, overall economic growth resulted in increased demand from most B2B buyers. Altogether, commercial consumers accounted for 93% of total sales in 2010, with this share being fairly stable throughout the review period. In addition to the general slowdown in the economy, decline in the last two years of the review period was also due to increasing governmental regulations covering the use of explosives in the mining industry, however.
Additional restrictions resulted in shrinking demand for explosives and encouraged consumers to look for other substitutes.
Click for report details: www.companiesandmarkets.com/Market/Chemicals/Market-Research/Pho ..
Browse all Chemicals Market Research Reports www.companiesandmarkets.com/Market/Chemicals/Market-Research?aCo ..
Browse all Chemicals Company Profile Reports www.companiesandmarkets.com/Market/Chemicals/Company-Profile?aCo ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.