Chemical imbalance: A stronger dollar and decreased export demand will slow output, tempering growth

Chemicals have a wide range of applications in many downstream industries, particularly in the manufacturing and mining sectors. Operators in the Chemical Wholesaling industry in Canada supply customers with a variety of chemical products and their downstream markets range from pharmaceutical companies to natural gas extractors to fertilizer manufacturers. The industry has performed well in recent years. While industry performance is closely tied to downstream manufacturing output, it is also highly exposed to the prices of crude oil and natural gas, which are used as inputs in the creation of a variety of industry goods...read more.

Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 13-18
4.2%
Forecast Growth 18-23
Profit
Employment
14,924
Businesses
1,473
Market Share of Companies

Industry Threats & Opportunities

  • The industry has performed well due to an improving economy, which has boosted consumer income levels
  • When the price of oil increases, the cost of the industry’s main inputs increases
  • The price of crude oil and natural gas are forecast to rise slowly over the next five years
  • Industry Report - Starting a New Business Chapter

    The Chemical Wholesaling industry in Canada has moderate barriers to entry. The industry is characterized by high level of competition due to its low concentration, although the sizable number of operators indicates that the barriers to setting up a business are low. However, initial capital expenditure requirements are high. New entrants must outlay considerable capital to establish and maintain computerized inventory controls, machinery to move stock, warehouses and transportation. Established players have integrated supply and distribution systems with manufacturers and retailers, so large capital requirements are needed to replicate these relationships.Due to a competitive retail environment, it is important for wholesalers to offer the most competitive prices to retailers. To ...purchase to read more.

    Additional Insights for the Chemical Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Chemical Wholesaling Industry are

  • Ability to control stock on hand
  • Guaranteed supply of key inputs
  • Having a loyal customer base
  • IBISWorld analysts also discuss how external factors such as World price of crude oil and Demand from mining in the Chemical Wholesaling industry impact industry performance..

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    What's in this report

    What is the Chemical Wholesaling Industry?

    This industry wholesales chemicals and related products, including compressed gas, chemical additives and synthetic rubber, to the manufacturing, construction and mining industries. This industry does not wholesale agricultural and medicinal chemicals, paints and varnishes, fireworks or plastics materials.

    Industry Products
  • Compressed gases
  • Inorganic chemicals
  • Organic chemicals
  • Soap and cleaning compounds
  • Other chemical products
  • Synthetic fibres
  • Adhesives
  • Industry Activities
  • Wholesaling acids
  • Wholesaling chemical additives (e.g. concrete, food, fuel and oil)
  • Wholesaling compressed gases (except liquefied petroleum gas)
  • Wholesaling explosives (except ammunition and fireworks)
  • Wholesaling industrial chemicals
  • Wholesaling laundry soap, chips and powder
  • Wholesaling oil additives
  • Wholesaling resins and synthetic rubber
  • Wholesaling sulphuric acid
  • Wholesaling synthetic rubber
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of crude oil
  • Demand from mining
  • Demand from oil drilling and gas extraction
  • Industrial capacity utilization

  • Current Performance
  • Downstream markets
  • Rising profit
  • Labour competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand set to grow
  • Industry structure steady
  • Steady profitability
  • Table: Chemical Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Chemical Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining In Canada
  • Oil Drilling & Gas Extraction in Canada
  • Construction In Canada
  • Paint Manufacturing in Canada
  • Cosmetic & Beauty Product Manufacturing in Canada

  • Key Selling Industries
  • Adhesive Manufacturing in Canada
  • Inorganic Chemical Manufacturing in Canada
  • Organic Chemical Manufacturing in Canada
  • Petrochemical Manufacturing in Canada
  • Soap & Cleaning Compound Manufacturing in Canada

  • Products & Services
  • Organic chemicals
  • Other chemical products
  • Inorganic chemicals
  • Soap and cleaning compounds
  • Compressed gases
  • Adhesives
  • Synthetic fibres
  • Chart: Chemical Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing and mining industrial users
  • Wholesalers and retailers
  • Other businesses
  • Other markets
  • Chart: Major Market Segmentation for the Chemical Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Chemical Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Chemical Wholesaling Industry

  • Industry Globalization
    Univar Canada Ltd.,
  • Table: Univar Canada Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Chemical Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Chemical Wholesaling Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • World price of crude oil (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Butadiene
  • An industrial chemical used in the production of synthetic rubber
  • Ethylene
  • A hydrocarbon used to produce other chemicals
  • Petrochemicals
  • chemical products derived from petroleum
  • Propylene
  • A petrochemical used in a wide variet of plastic products
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Chemical Wholesaling market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Chemical Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Chemical Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Chemical Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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