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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 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.

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 Analysis Chapter

The Petrochemical Manufacturing industry experienced its share of ups and downs over the past five years. The start of the five-year period consisted of a global financial crisis that paralyzed economic activity across the globe. However, despite the collapse in 2009, this industry quickly recovered in 2010 as downstream industries resumed production and thrived due to pent up demand and favourable production conditions. These were brought on by the United States' shale boom and supply of domestic resources. Over the five years to 2014, revenue is expected to grow at an annualized rate of 9.0% to $7.5 billion. A large portion of the industry's growth occurred in 2010 and 2011, when revenue grew 48.2% and 10.9%, respectively... 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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