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Petrochemical Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Petrochemical Manufacturing in Canada Market Research Report | NAICS 32511CA | Jun 2014

Burning bright: Increased demand from downstream manufacturing will support industry growth

IBISWorld’s Petrochemical Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 09-14
9.0%
Annual Growth 14-19
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Profit
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Employment
1,224
Businesses
13
Industry Analysis & Industry Trends

After diving during the recession, industry revenue recovered in the past few years and recorded modest growth. Over the next five years, favourable conditions in downstream manufacturing will lead to healthy industry growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Petrochemical Manufacturing industry is in the mature phase of its economic life cycle; this stage is characterized by stabilization of industry participants and clearly defined segmented product groups and user industries. Industry Value Added (IVA), which measures an industry's contribution to the overall economy is expected to increase at an annualized rate of 23.5% in the 10 years to 2019. The Canadian GDP is expected to experience growth of just 2.4% over the same period. While it appears that Petrochemical Manufacturing industry is growing a lot faster than the Canadian economy itself, much of the growth is due to profit margins and revenue collapsing completely in 2009, skewing the IVA numbers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Petrochemical Manufacturing Industry?

This industry manufactures petrochemicals, which are chemicals derived from petroleum and natural gas. Key products include ethylene, propylene, butylene, benzene, toluene, styrene, xylene, ethyl benzene and cumene. These products are used in the production of consumer products, automotive components and various durable and nondurable goods. Organic compounds like ethyl alcohol and inorganic chemicals like carbon black are excluded from the industry.

Industry Products
EthylenePropyleneBenzeneButadieneStyreneButyleneXyleneToluene
 
Industry Activities
Manufacturing benzene from refined petroleum or liquid hydrocarbonsManufacturing butadiene/butane and butylene from refined petroleum or liquid hydrocarbons Manufacturing cumene from refined petroleum or liquid hydrocarbonsManufacturing ethane made from refined petroleum or liquid hydrocarbonsManufacturing ethylene made from refined petroleum or liquid hydrocarbonsManufacturing isobutene/isobutene/isoprene made from refined petroleum or liquid hydrocarbonsManufacturing propylene made from refined petroleum or liquid hydrocarbonsManufacturing styrene made from refined petroleum or liquid hydrocarbonsManufacturing toluene made from refined petroleum or liquid hydrocarbonsManufacturing xylene made from refined petroleum or liquid hydrocarbons


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