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

Over the five years to 2017, revenue for the Chemical Product Manufacturing industry in New York is expected to have fallen. Operators rely heavily on downstream demand from the manufacturing sector, especially from automotive and appliance industries. Manufacturing activity in New York, as measured by the manufacturing GDP in the state has decreased over the five years to 2017, while demand for industry-relevant photographic chemicals and materials dwindled as consumer continued to transition to digital photography. However, an expected increase in the manufacturing activity in New York, along with a rebound in general business sentiment over the next five years is expected to help the industry recover slightly and return to growth moving forward...read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 12-17
-5.1%
Forecast Growth 17-22
Profit
Employment
3,750
Businesses
59
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Industry Threats & Opportunities

  • Operators rely heavily on downstream demand from the manufacturing sector, especially from automotive and appliance industries
  • Industry operators use crude oil or value-added products processed from crude oil as feedstock
  • Demand for photographic chemicals and materials will continue to fall over the next five years
  • Industry Report - Starting a New Business Chapter

    Substantial barriers exist within some industry product segments, such as 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 to entry.The existence of several heavyweight chemicals manufacturers in New York, including Eastman Kodak, may also deter entry into the product segments they dominate especially in the state. Overall, barriers to entry in New York are slightly higher than the national industry, on account of the arduous regulatory regime prevalent in the state...purchase to read more.

    Additional Insights for the Chemical Product Manufacturing in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Chemical Product Manufacturing in New York Industry are

  • Ability to expand and curtail operations rapidly in line with market demand
  • Concentration on core business
  • Optimum capacity utilization
  • IBISWorld analysts also discuss how external factors such as Manufacturing GDP for New York and Industrial production index in the Chemical Product Manufacturing in New York industry impact industry performance..

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    What is the Chemical Product Manufacturing in New York 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 purchased resins
  • Photographic film, paper, plate, and chemical manufacturing
  • Other miscellaneous chemical product and preparation manufacturing
  • Industry Activities
  • Custom compounding resins
  • Reformulating plastic resins from recycled plastics products
  • Manufacturing sensitized film, paper, cloth and sensitized plates
  • Manufacturing toners and toner cartridges
  • Manufacturing photographic chemicals
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Manufacturing GDP for New York
  • Industrial production index
  • World price of crude oil
  • Per Capita Disposable Income in New York

  • Current Performance
  • Falling demand and revenue
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Growth in the manufacturing sector
  • Volatile input prices
  • Table: Chemical Product Manufacturing in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Chemical Product Manufacturing in New York Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Manufacturing
  • Office Stationery Wholesaling
  • Camera Stores

  • Key Selling Industries
  • Inorganic Chemical Manufacturing
  • Organic Chemical Manufacturing
  • Paper Mills
  • Plastic & Resin Manufacturing
  • Wood Pulp Mills

  • Products & Services
  • Other miscellaneous chemical product and preparation manufacturing
  • Photographic film, paper, plate, and chemical manufacturing
  • Custom compounding of purchased resins
  • Chart: Chemical Product Manufacturing in New York Industry Products and Services Segmentation

  • Major Markets
  • Manufacturing
  • Construction
  • All Other
  • Chart: Major Market Segmentation for the Chemical Product Manufacturing in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Chemical Product Manufacturing in New York

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Chemical Product Manufacturing in New York Industry

  • Aldon CorporationChemite Inc.Indium CorporationEastman Kodak CompanyMilligan & Higgins
  • Table: Aldon Corporation - financial performance
  • Table: Chemite Inc. - financial performance
  • Table: Indium Corporation - financial performance
  • Table: Eastman Kodak Company - financial performance
  • Table: Milligan & Higgins - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Chemical Product Manufacturing in New York Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Chemical Product Manufacturing in New York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • World Price of Crude Oil (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Feedstock
  • A raw material supplied to a machine or processing plant that is used for manufacturing.
  • Polymer
  • A chemical compound that has repeating structural units; the term is often used as a synonym for plastic.
  • Sensitized Material
  • A material made sensitive to light by coating it with a photographic emulsion.
  • Why buy this report?

    The Chemical Product Manufacturing in New York Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Chemical Product Manufacturing in New York:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Chemical Product Manufacturing in New York market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Chemical Product Manufacturing in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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