With Chrome 48, for reasons of "security," icons for disabled extensions (and those that do not affect the current page) are now shown at all times, either to the right of the location ("address") bar or at the top of the hamburger menu.
The "security" aspect is to protect naive users from unwanted extensions by showing them a bunch of icons that they may not recognize with the expectation that they will guess that they can right-click them and select "Remove from Chrome."
In addition, extensions that formerly placed icons in the location ("address") bar can no longer do so. This breaks some popular extensions like the last.fm Scrobbler, ToS;DR, Feedly Subscribe Button, and so forth.
The Google Chrome team is unrepentant, because power users are of no interest to them.
References:
- New appearance of Extension icons in the toolbar: https://productforums.google.com/forum/#!topic/chrome/t9AHfd90OAE
- Disappearance of icons from the address bar "omnibox": https://bugs.chromium.org/p/chromium/issues/detail?id=397259