Industry Analysis & Industry Trends
Over the five years to 2016, the Chemical Product Manufacturing industry experienced solid demand for its ever-evolving product mix. However, revenue has stagnated as the product mix has evolved. Although demand from many downstream manufacturing industries has grown, the industry's key photographic chemicals segment has declined rapidly due to the increased adoption of digital cameras. While ongoing improvements in downstream automobile parts and construction materials markets will benefit demand over the next five years, volatile input costs and the continued decline in demand for photographic chemicals will impede overall revenue growth... purchase to read more
Industry Report - Industry Investment Chapter
The Chemical Product Manufacturing industry has a moderate level of capital intensity. In 2016, industry manufacturers are expected to spend $0.18 on machinery, equipment and other capital expenses for every $1.00 spent on labor. This figure reflects industry operators' heavy dependence on equipment and machinery. Due to the complex and varied composition of chemical products, manufacturers need technologically advanced equipment for the production, development and testing stages of the manufacturing process. Many operators that manufacture a variety of chemical products may also require separate facilities depending on the complexity of each product.
By contrast, wages account for a relatively small portion of industry revenue, in line with other manufacturing industries... purchase to read more