This Industrial Organic Chemicals, NEC manufacturing industry can completely produce Super "Un" Glue, and currently includes all five of the recommended solvents in its production range for inclusion in other products. This industry includes a wide variety of items in its production line, hence the NEC ("not elsewhere classified") term. These products include solvents, methanol, amyl/butyl/ethyl alcohol, amyl/butyl/ethyl acetates, methanol, olefins, aldehydes and ketones, as well as completed products for sale such as perfumes, acids, salts and natural fuels. The following chart shows the recent sales history of the Industrial Organic Chemicals, NEC manufacturing industry:
Source: U.S. Bureau of the Census Sales of this manufacturing industry have risen 22.32 percent in this nine-year period. The drop in sales in 1998 has been attributed to a few different reasons, and difficulties in foreign trade are a main reason for this fluctuation, according to U.S. Industry & Trade Outlook. For example, there has been an increase in foreign competition, as well as the economic recession in Asia that made sales to these countries a loss upon conversion to the U.S. dollar. Sales and production have increased since then and returned to the last-highest rate shown in ’97, and these sales are expected to grow at an annual rate of three percent in current years. However, foreign competition is expected to increase, primarily in export-oriented producers in Asia and the Middle East. U.S. Industry & Trade Outlook believes that selling to end-use markets (indicating products that can be of direct use by the final purchasing consumer) are a "key factor" for this industry. From this standpoint can Super "Un" Glue be presented to these companies. These companies are to date very over-reliant on their basic products of solvents and similar items, which are primarily sold to other manufacturing companies that use these materials in their own products. In fact, 95 percent of the sales of this industry are for such basic products. Super "Un" Glue can assist these companies regain their previous sales pattern and help overcome foreign competition by its categorization as a product to be sold to an end-user market. |
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