Chemical Product Manufacturing in New York
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.
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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