Chemical Product Manufacturing in the US
Although the Chemical Product Manufacturing industry is highly fragmented and diverse, it comprises a significant part of the US chemical subsector. Manufacturing activity in several key end markets has slowed down over the past two years. Meanwhile, demand for photographic chemicals and materials, which are key industry products, has been waning for more than a decade. Over the five years to 2024, industry revenue is expected to remain relatively steady. Manufacturing levels are forecast to rise in markets such as household parts and construction materials, boosting demand for chemicals needed in downstream production. However, weak demand from photographic chemicals and materials and automotive markets will continue to dampen industry revenue growth.
Operators in this industry manufacture a diverse range of chemical products. Key activities include custom-compounding of 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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