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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 | Feb 2015

Chemical balance: Renewed downstream activity will offset volatile input prices

IBISWorld’s Chemical Product Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$46bn
Annual Growth 10-15
1.6%
Annual Growth 15-20
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Profit
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Employment
65,942
Businesses
1,634
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 Analysis Chapter

Over the five years to 2015, the Chemical Product Manufacturing industry experienced solid demand for its ever-evolving product mix. Demand for industry products, which include a broad scope of chemicals, is influenced by the level of activity in the greater manufacturing sector and in the overall level of consumer spending. Since 2010, both factors have grown every year, helping revenue increase an estimated 1.6% per year on average to $46.0 billion in 2015. Demand from the photography market has continued to decline, partially offsetting gains from other markets. A sharp drop in the price of oil, a key input for industry products, is expected to cause revenue to spike 6.2% in 2015... 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 chemicals and materialsOther 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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