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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 | Jun 2013

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

IBISWorld’s Gasoline & Petroleum Bulk Stations market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$135bn
Annual Growth 08-13
3.1%
Annual Growth 13-18
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Profit
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Employment
8,440
Businesses
712
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 suite. As a result, revenue contracted significantly. The industry has grown since then, albeit slowly because of pipeline shortages in North America. Growth over 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 Investment Chapter

The Gasoline and Petroleum Bulk Stations industry is very capital intensive, due to high infrastructure costs. Industry operators need to construct and maintain petroleum terminals and distribution stations, all of which require significant capital and time to construct. Additionally, operators need to invest in energy transportation infrastructure, such as pipelines, oil tankers and trucking fleets. On the other hand, petroleum distributors also require skilled employees, such as petroleum engineers, terminal operators and supply chain professionals. Nevertheless, wage costs tend to be low. A small number of employees can manage a very large wholesaling operation. In 2013, for every dollar spent on labour, industry operators are expected to spend $0.80 on capital investments... 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
Motor gasolineDiesel fuelCrude oilAviation fuelOther fuel oilPropane and butaneOther 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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