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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 41211bCA | Apr 2016

Filling up: Global economic recovery will return the industry to growth

IBISWorld’s Gasoline & Petroleum Bulk Stations 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
$102bn
Annual Growth 11-16
-4.9%
Annual Growth 16-21
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Profit
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Employment
11,422
Businesses
977
Industry Analysis & Industry Trends

This industry has expanded on average during the past five years, but revenue exhibited high volatility and ultimately declined. During the recession, global demand for crude oil and petroleum products plummeted, and prices quickly followed, causing industry revenue to contract. The Gasoline and Petroleum Bulk Stations industry is expected to return to growth over the next five years. Steady domestic and global economic growth will bolster demand for the oil and petroleum products stored by industry operators, bolstering industry sales volumes... 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 operators to participate in this industry. Additionally, prospective entrants must navigate extensive government regulations, which increase start-up costs. Successful operators 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 manages and operates bulk-storage facilities for petroleum products and 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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