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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 | Feb 2015

Burning bright: Key buying industries will increases demand, supporting revenue 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
$7bn
Annual Growth 10-15
-1.6%
Annual Growth 15-20
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Profit
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Employment
1,079
Businesses
13
Industry Analysis & Industry Trends

The Petrochemical Manufacturing industry has been volatile over the past five years. The industry enjoyed strong, though inconsistent, growth as the economic recovery took hold. Downstream customers, like the plastic and resin manufacturing industry, recovered quickly after the recession, stimulating demand for the industry's products. In the coming years, demand from key buying industries will grow steadily, which will support ongoing revenue growth. This will return the industry to a stable growth pattern... 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. In much of the period the industry prospered, rebounding well from the global financial crisis as downstream industries resumed production and thrived on pent up demand and favourable production conditions. Input costs were driven to record highs as a result, and supply expanded with the United States' shale boom and new supply of domestic resources. In late 2014 the world oil price collapsed, and sale prices for industry products fell accordingly, dragging down industry revenue. With lower petrochemical prices expected to cause revenue to fall 12.6% in 2015, the five year period has ultimately been volatile for the industry... 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/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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