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Gasoline & Petroleum Bulk Stations in Canada: Market Research Report

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

Gasoline & Petroleum Bulk Stations in Canada Market Research Report | NAICS 42471CA | May 2014

Filling up: Successful completion of export pipelines will raise the industry's profitability

IBISWorld’s Gasoline & Petroleum Bulk Stations market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$146bn
Annual Growth 09-14
7.9%
Annual Growth 14-19
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Profit
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Employment
8,833
Businesses
705
Industry Analysis & Industry Trends

This industry has expanded on average during the past five years, but revenue exhibited high volatility. During the recession, global demand for crude oil and petroleum products plummeted, and prices quickly followed, causing industry revenue to contract. The industry has grown since then, albeit slowly because of pipeline shortages in North America. Growth during the next five years is contingent on the successful completion of export pipelines. As exports rise, domestic prices will converge to higher international prices. Rising prices and steady consumption growth are forecast to drive up both the industry's revenue and profit... purchase to read more

Industry Report - Starting a New Business Chapter

High barriers to entry protect incumbent players. Petroleum bulk stations require significant capital resources during the construction process, making it difficult for small firms to participate in this industry. Additionally, prospective entrants must navigate extensive government regulations, which increase start-up costs. Successful firms also require strong relationships with upstream petroleum product suppliers, further raising the barriers to entry.

Over the past five years, capital costs have increased, thereby raising barriers to entry. Terminals and bulk stations embraced facility automation, inventory management and other labour-saving technologies. As a result, newly constructed terminals and bulk stations require more costly technology infrastructure... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gasoline & Petroleum Bulk Stations Industry?

This industry operates bulk-storage facilities for petroleum products and also wholesales those products in bulk to smaller petroleum distributors, electricity generators and gasoline stations.

Industry Products
Light crude oilHeavy crude oilPentane plusMotor gasolineDistillate fuelHeavy fuel oilJet fuelOther petroleum products
 
Industry Activities
Operating bulk storage tanksOperating crude oil bulk stationsOperating gasoline bulk stationsOperating liquefied-petroleum gas bulk stationsOperating petroleum bulk stations and terminalsOperating heating oil bulk stations


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