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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 Investment Chapter

The Gasoline and Petroleum Bulk Stations industry is very capital intensive, with the average industry operator expected to spend $0.66 on capital for every $1.00 spent on labour. 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. Conversely, petroleum distributors also require skilled employees, such as petroleum engineers, terminal operators and supply chain professionals. Nevertheless, wage costs tend to be low, as relatively few employees are required in the day-to-day operation of bulk stations... purchase to read more

 


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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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