Industry Analysis & Industry Trends
While growth for the Chemical Product Manufacturing industry is expected to be sluggish over the next five years, demand will increase slightly. In particular, renewed activity in key downstream markets, such as automobile and construction, will drive marginal revenue growth. Still, because the industry also relies on sales of photographic film, plate and paper products, the transition to digital images will negatively affect this segment. Environmental concerns about plastics will lead to a surge in demand for reformulated plastic resins from recycled plastic products... purchase to read more
Industry Report - Industry Investment Chapter
The Chemical Product Manufacturing industry has a moderate level of capital intensity. In 2014, industry manufacturers are expected to spend about $0.21 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 firms that manufacture a variety of chemical products may also require separate facilities depending on the complexity of each product.
By contrast, wages make up a relatively small portion of industry revenue, in line with other manufacturing industries... purchase to read more