The Organic Chemical Manufacturing industry in Canada is expected to expand over the five years to 2017. Due to favourable conditions, industry revenue is expected to increase over the five years to 2017. Over the five years to 2022, domestic Organic Chemical Manufacturing industry demand will gradually expand, as marginal projected increases in Canadian industrial output, employment and consumer spending will drive demand from key downstream markets. In addition, modest growth in the United States and emerging economies will translate into greater demand for industry exports. As a result, IBISWorld forecasts that industry revenue will increase.
Operators in this industry manufacture basic organic chemicals (excluding petrochemicals), industrial gases and synthetic dyes and pigments. Key product groups include gum and wood products, cyclic crudes and intermediates and ethyl alcohol, along with other basic organic chemicals. These products are predominantly intermediates that are used as raw material inputs by other manufacturing industries in the production of downstream 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.