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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 | Feb 2015

Filling up: Successful completion of export pipelines 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
$78bn
Annual Growth 10-15
-5.5%
Annual Growth 15-20
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Profit
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Employment
8,817
Businesses
706
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 Gasoline and Petroleum Bulk Stations industry is expected to return to growth over the five years to 2020, slowly recovering from the anticipated collapse in industry revenue in 2015. Steady domestic and global economic growth will bolster demand for the oil and petroleum products stored by industry operators, bolstering industry sales volumes. Additionally, the expansion of pipeline infrastructure will fuel crude oil and petroleum product exports, causing domestic prices to converge on higher international prices... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Gasoline and Petroleum Bulk Stations industry is in the mature stage of its life cycle. Over the 10 years to 2020, industry value added, a measure of an industry's contribution to the economy, is projected to grow at an annualized rate of 4.8%. Over the same period, Canada's GDP is forecast to increase at an annualized rate of 2.2%. Although the industry's contribution to the economy is rising, this strong IVA growth can be attributed to the industry's strong recovery following recessionary lows, even as IVA is forecast to decline very strongly in 2015. Overall, the industry exhibits characteristics of a mature industry.

Bulk stations and terminals wholesale a well-established set of products: crude oil and refined petroleum products... 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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