Industry Description
Chemical companies transform raw materials from the natural environment into products that are useful in industrial and consumer markets. The market also includes companies that manufacture specialty chemical products, including adhesives and sealants, carbon black, explosives, fatty acids, glycerin, printing ink, repellents, and cleaning solutions.
Although some chemical manufacturers produce and sell consumer products such as soap, bleach, and cosmetics, most chemical products are used as intermediate products for other goods.
Chemical manufacturing is divided into seven segments, six of which are covered here: Basic chemicals; synthetic materials, including resin, synthetic rubber, and artificial and synthetic fibers and filaments; agricultural chemicals, including pesticides, fertilizer, and other agricultural chemicals; paint, coating, and adhesives; cleaning preparations, including soap, cleaning compounds, and toilet preparations; and other chemical products. The seventh segment, pharmaceutical and medicine manufacturing, is covered in the Pharma Manufacturing industry.
There are over 13,000 companies that manufacture chemicals in the US with 1,700 having more than 100 employees.
Applicable SIC Codes
- 3125 – Chemical Manufacturing
Critical Requirements
Chemical manufacturing companies should evaluate the following critical requirements:
- Navigation and Personalization
- Business Intelligence
- Internet Portals
- Worflow
- International
- Security
- Customer Relationship Management
- Quoting and Estimating
- Order Processing
- Product Configurator
- Product Data Management (PDM)
- Product Lifecycle Management (PLM)
- Document Management
- Engineering Change Management
- Forecasting and Demand Planning
- Multi Plant
- Materials Management
- Mixed Mode Manufacturing
- Projects
- Engineer To Order
- Lean Manufacturing
- Supply Chain Management
- Advanced Manufacturing Planning
- Quality
- Warehouse Management
- Plant Equipment
- Cost Accounting
- Accounting
- Fixed Assets
- Human Resources
ERP Vendors
Chemical manufacturing companies should look at the following vendors:
SAP
Oracle
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