Industry Analysis & Industry Trends
Over the past five years, industry operators experienced moderate growth, despite a dip in demand during the recession. Revenue growth steadily picked up as the manufacturing sector recovered and because organic chemicals are commonly used as an input for consumer staples, the industry benefited greatly. Moreover, buoyed by rising domestic and global demand for chemical products, and coupled with rising renewable fuel usage and favourable government policies, the Organic Chemical Manufacturing industry is anticipated to return to robust growth over the five years to 2018... 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