Industry Analysis & Industry Trends
The Organic Chemical Manufacturing industry is expected to experience moderate growth over the five years to 2016. 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 Investment Chapter
The Organic Chemical Manufacturing industry has a moderate level of capital intensity. Nevertheless, chemical manufacturing requires considerable capital investments, including facility construction costs, machinery costs, research and development laboratories as well as other expenditures. Indeed, due to the reliance on machinery and technology, industry establishments on average employ fewer than 20 workers. However, the industry is also dependent on highly skilled labour, such as trained research scientists and materials engineers. Therefore, industry employees command high average wages. In 2016, for every dollar spent on labour, industry operators are expected to spend $0.44 on capital investments.
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