Petrochemical Manufacturing in Canada - Industry Market Research Report
Description
Petrochemical Manufacturing in Canada
Petrochemical manufacturers in Canada mainly produce ethylene alongside other chemicals that serve as a precursor for several other chemical products that are ultimately used in the consumer and industrial sectors. Crude oil and natural gas prices influence revenue figures, as those are vital inputs in the manufacturing process. Commodity prices declined during much of the current period because of a Middle East trade war and COVID-19, so revenue was negatively impacted. COVID-19 also caused industrial production to tank, reducing demand for petrochemicals from plastic and other manufacturers, resulting in a significant drop in revenue in 2020. Demand for petrochemicals from these manufacturers picked up during the pandemic recovery, boosting revenue.
This industry manufactures petrochemicals, which are chemicals derived from petroleum and natural gas. Key products include ethylene, propylene, butylene, benzene, toluene, styrene, xylene, ethyl benzene and cumene. These products are used in the production of consumer products, automotive components and various durable and nondurable goods. Organic compounds, such as ethyl alcohol, in addition to inorganic chemicals, such as carbon black, are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Petrochemical manufacturers in Canada mainly produce ethylene alongside other chemicals that serve as a precursor for several other chemical products that are ultimately used in the consumer and industrial sectors. Crude oil and natural gas prices influence revenue figures, as those are vital inputs in the manufacturing process. Commodity prices declined during much of the current period because of a Middle East trade war and COVID-19, so revenue was negatively impacted. COVID-19 also caused industrial production to tank, reducing demand for petrochemicals from plastic and other manufacturers, resulting in a significant drop in revenue in 2020. Demand for petrochemicals from these manufacturers picked up during the pandemic recovery, boosting revenue.
This industry manufactures petrochemicals, which are chemicals derived from petroleum and natural gas. Key products include ethylene, propylene, butylene, benzene, toluene, styrene, xylene, ethyl benzene and cumene. These products are used in the production of consumer products, automotive components and various durable and nondurable goods. Organic compounds, such as ethyl alcohol, in addition to inorganic chemicals, such as carbon black, are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
40 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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