Organic Chemical Manufacturing in Canada
The Organic Chemical Manufacturing industry in Canada is primarily engaged in the manufacturing of organic chemicals, including methanol, alicyclic hydrocarbon, ethylene glycol and fatty acids. Many industrial and consumer products, such as dyes, detergents, paints and adhesives, use organic chemicals as input materials. Consequently, industry performance is closely tied to consumer spending and the performance of the manufacturing sector. Over the past five years, the industry has benefited from steady economic growth domestically and from many export destinations, resulting in rising consumer spending, which has stimulated demand from a variety of downstream manufacturing industries. Over the five years to 2023, domestic Organic Chemical Manufacturing industry demand will gradually expand, as projected increases in Canadian industrial output, employment and consumer spending will drive demand from key downstream markets.
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.
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