Chemical Product Manufacturing in Canada - Industry Market Research Report

Explosive combination: Slowing industrial capacity utilization will likely limit industry growth

The Chemical Product Manufacturing industry in Canada is performance is tied to downstream demand from key markets, particularly construction and manufacturing, although the price of oil can also affect input prices. Industry performance tends to closely mirror the overall economy as far as construction and manufacturing activity are concerned. In the last five years, uncertainty and volatility in the global economy caused by the pandemic has limited the full level of revenue growth. The industry is also being affected by some long-term trends. For example, photographic chemicals have long been a staple of industry production, although the rise of digital cameras and smartphones has significantly diminished demand for these products.

This industry manufactures a diverse range of chemical products. Key product groups 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.