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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 | Mar 2016

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

IBISWorld’s Chemical Product Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth 11-16
-1.2%
Annual Growth 16-21
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Profit
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Employment
60,531
Businesses
1,532
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

 


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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