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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Locations Chapter

Industry establishments are exclusively located in Alberta, Ontario, Quebec and Nova Scotia. Alberta accounts for half of establishments, according to data sourced from Industry Statistics. Alberta is an attractive region for industry operators because of its abundant supply of low-cost natural gas and ethane feedstock. Additionally, the region's oil sands are the world's second-largest known source of oil, a key industrial input, according to the Central Alberta Economic Partnership. Commodities manufactured in Alberta are primarily shipped to central and western US markets or offshore.

Ontario has 30.0% of establishments. Due to its significant share of the population (38.7%) and ideal location, Ontario is an attractive region for businesses... 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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