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 - Starting a New Business Chapter
Substantial barriers exist within some industry product segments, like compound resin and photographic films, plates and paper manufacturing. Those operating within these segments must have the facilities, equipment and technological expertise to remain competitive. Also, the ability to access competitively priced raw materials and inputs, including base resins, can also act as a significant barrier.
The existence of several heavyweight chemicals manufacturers, including Eastman Kodak, may also deter entry into the product segments they dominate. At the same time, the existence of a relatively large number of small players and no pronounced market dominance by any one player or group of players suggests that overall barriers to entry are not insurmountable... purchase to read more