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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 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
$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 - Industry SWOT Analysis Chapter

The Gasoline and Petroleum Bulk Stations industry is in the mature stage of its life cycle. In the 10 years to 2019, industry value added, which measures an industry's contribution to the economy, is projected to grow at an average annual rate of 7.0%. Over the same period, Canada's GDP is forecast to increase at an annualized rate of 2.4%. Although the industry's contribution to the economy is rising, the strong growth is mostly due to the recovery from recession lows. 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. For the most part, refined petroleum products have remained stable in recent years, with minimal major technological advances... 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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