Industry Analysis & Industry Trends
The Organic Chemical Manufacturing industry is expected to experience moderate growth over the five years to 2015. The industry experienced a rapid rebound, shortly after the Canadian recession, as increased consumer spending sparked a recovery in the manufacturing sector. Because organic chemicals are commonly used as an input for consumer products, the industry benefited from sharp recovery in demand for staples, such as soaps, detergents and gasoline, as these products all require organic chemicals as an input. In the coming years, industry is expected to expand, buoyed by rising domestic and global demand for chemical products... purchase to read more
Industry Report - Industry Products Chapter
Organic chemical manufacturers produce carbon-based compounds bonded to hydrogen. The three main product segments are comprised of cyclic organic crudes and intermediate products, ethyl alcohol, and gum and wood chemicals. However, due to the diverse nature of chemical products, other organic chemicals account for the bulk of industry revenue.
Ethyl alcohol, also known as ethanol, is a high-octane blending component used by gasoline producers to manufacture high performance and cleaner burning gasoline fuels. Industry operators benefit from government programs promoting renewable fuel. Currently, the Federal Renewable Fuel Regulations requires an average of 5.0% renewable fuel blended in gasoline across Canada... purchase to read more