The Chemical Product Manufacturing industry in Canada has experienced moderate growth over the five years to 2017. Despite growth in key downstream manufacturing markets, declines in downstream demand from an evolving photographic market have hindered overall industry growth. Over the five years to 2022, as downstream demand is expected to increase, IBISWorld expects industry revenue to rise. Although demand for photographic and related chemicals is expected to continue to deteriorate, other strong sources of downstream demand will promote growth.
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 key players and their market shares.