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Chemical Product Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Chemical Product Manufacturing Market Research Report | NAICS 32599 | Aug 2016

Chemical imbalance: Weak demand from photographic chemicals will impede industry revenue growth

IBISWorld’s Chemical Product Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$40bn
Annual Growth 11-16
-1.7%
Annual Growth 16-21
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Profit
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Employment
59,362
Businesses
1,517
Industry Analysis & Industry Trends

Over the five years to 2016, industry revenue is expected to fall, because chemical manufacturers rely heavily on downstream demand from the manufacturing sector, and manufacturing activity is expected to slow over 2016, as it has over the past two years. Meanwhile, demand for photographic chemicals and materials, which are key industry products, has been waning for over a decade. The poor performance of this product segment continually cuts into overall industry revenue. In the five years to 2021, industry revenue is expected to remain relatively flat, as manufacturing levels are forecast to rise in markets such as automobile parts and construction materials, boosting demand for chemicals needed in downstream production... 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

 


Industry ProductsRelated ReportsTable of Contents

What is the Chemical Product Manufacturing Industry?

This industry manufactures a diverse range of chemical products. Key activities include custom compounding plastic resins and manufacturing toners, toner cartridges, photographic chemicals and sensitized photographic film, paper and plates. Custom compounding of plastic resins includes custom mixing and blending of purchased plastic resins and reformulating plastic resins from recycled plastic products.

Industry Products
Custom compounding of resinsPhotographic films, papers and platesPhotographic chemicalsEvaporated salt, excluding table saltGelatin, excluding ready-to-eat dessertsWater treating compoundsAutomotive chemicalsOther chemical products and preparations
 
Industry Activities
Custom compounding resinsReformulating plastic resins from recycled plastics productsManufacturing sensitized film, paper, cloth and sensitized platesManufacturing toners and toner cartridgesManufacturing photographic chemicals


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