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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

The Petrochemical Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Key Buyers Chapter

The Petrochemical Manufacturing industry has a medium level of market share concentration. In 2014, the top four players account for over 40.0% of revenue, with the industry's largest player ExxonMobil accounting for 20.1% alone. While the average establishment employs just 47 workers, the bulk of manufacturing is done by machines. As a result of the automated process and the reliance on machinery, capital intensity is high, leading to significant investments in equipment for industry participants. The high capital investment required deters new entrants from entering the industry at a rapid pace, further leading to a higher level of market share concentration... 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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