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 Products Chapter
There are three main product segments within the Chemical Product Manufacturing industry: custom compounding of purchased resins (25.5% of industry revenue); sensitized photographic film, paper, plates and chemicals (22.0%); and all other miscellaneous chemical products and preparations (52.5%).
Custom compounding of resins
The custom compounding of purchased plastic resins involves buying plastic from plastic manufacturers and then altering the resins to form new compounds. Industry manufacturers manipulate these resins to increase flexibility, stress resistance and flame resistance to meet customer needs... purchase to read more