Chemical Product Manufacturing in California
Over the five years to 2017, the Chemical Product Manufacturing industry in California has experienced mild declines. The Chemical Product Manufacturing industry in California is highly diversified, with industry operators producing a variety of products that include custom-compounded resins, automotive chemicals, photographic chemicals and products, water-treatment chemicals, synthetic foodstuffs and more. As a result, the industry is highly fragmented, and industry performance trends have been markedly different for operators in the various segments of the industry. Over the five years to 2022, the industry is expected to bounce back and experience moderate growth. This return to growth will come partially on the back of rising crude oil prices over the next five years. The majority of industry operators use petrochemicals as a feedstock or additive during their own production process; therefore, the expected increase in crude oil prices will boost operating costs, enabling participants to collect higher revenue on their finished products.
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.
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 key players and their market shares.
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