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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 2017

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
$105bn
Annual Growth 12-17
-5.8%
Annual Growth 17-22
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Profit
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Employment
8,385
Businesses
857
Industry Analysis & Industry Trends

The industry grew strongly at the start of the five years to 2017 as oil prices and demand rebounded post-recession. However, industry revenue has fallen sharply since 2014, as collapsing oil prices driven by oversupply from foreign operators, strong North American production and weakened global demand have caused a subsequent sharp drop in the prices of products sold by industry operators. However, the industry is expected to return to growth as oil prices stabilize over the five years to 2022. In addition, the volume of oil and petroleum products supplied by industry operators is forecast to expand. As the domestic manufacturing, construction and transport sectors expand, domestic demand for industry products is expected to grow strongly... 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 $0.70 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. Ind.. 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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