The Philippine Standard Industrial Classification

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External Analysis Template 2
MACRO ENVIRONMENTAL ANALYSIS

Cupat, Leonard O.

Alva, Fernando Jr. P.

Hernandez, Christian Joel S.

1.2Industry Analysis

1.2.1Industry Definition

Based on the Philippine Standard Industrial Classification, Chemlux, Incorporated belongs to the Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations Industry or Industry 2023. The Philippine Standard Industrial Classification defines the Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations Industry as to exact way of manufacturing industry’s products that actually refers to the soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations to its intended customers. Manufacturing is the process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications. Therefore the Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations Industry is a sector of the economy which small/big companies engaged in selling finished good/products like soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations.

The target market or the major customers of the industry are the restaurants, hotels, schools and other business establishments. All of the mentioned customers are in need of cleaning chemicals and supplies to maintain safety and cleanliness in their respective institutions since the government, particularly the Department of Health (DOH), set standards for these kinds of businesses in terms of cleanliness. The suppliers of the industry are manufacturers that venture into the production of chemicals. Suppliers that produce chemicals such as LABSA(Linear Alkylbenzene Sulfonic Acid), caustic soda, hydrochloric acid, phosphoric acid, biocide, quaternary ammonium...
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