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Pest Analysis of Ongc

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Pest Analysis of Ongc
This Industry Risk Ratings report from IBISWorld evaluates the inherent risks associated with the Petrochemical Manufacturing in the US industry. Industry Risk is assumed to be 'the difficulty, or otherwise, of the business operating environment'.

The report looks at the operational risk associated with this industry. Three types of risk are recognized in our analysis. These are: risk arising from within the industry itself (structural risk), risks arising from the expected future performance of the industry (growth risk) and risk arising from forces external to the industry (external sensitivity risk).

This approach is new in that it analyses non-financial information surrounding each industry. Industries are scored on a 9-point scale, where 1 represents the lowest risk and 9 the highest. The Industry Risk score measures expected Industry Risk over the coming 12-18 months.

Industry Definition

This industry comprises companies primarily engaged in the manufacture of petrochemicals which are chemicals derived from petroleum and natural gas. Key products include ethylene, propylene, butylenes, benzene, toluene, styrene, xylene, ethyl benzene and cumene. These are basic building blocks used in the production of a variety of products including consumer products, automotive components and various durable and non-durable goods.

Report Contents

Risk Overview

The Risk Overview chapter includes sections on Industry Definition and Activities, Industry Risk Score and Risk Rating Analysis. The Industry Definition and Activities section provides a detailed definition of the activities carried out by operators in this industry as defined in NAICS. A list of the primary activities of the industry is also included. The Industry Risk Score section provides the Overall Industry Risk Score as well as the Risk Scores for each of the three types of risk covered that combine to form the Overall Industry Risk Score. These three types of risk are Structural Risk,

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