Petrochemical Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Petrochemical Manufacturing Market Research Report | NAICS 32511 | Mar 2016

Organic compound: As input price volatility eases, industry revenue will grow more consistently

IBISWorld’s Petrochemical Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Petrochemical Manufacturing industry faced significant volatility over the past five years, but the improving economy will pave the way for growth as downstream demand improves. Domestic operators will continue to face obstacles, as increased input costs affect prices and performance. However, heightened demand and continuing dependence on petrochemicals will benefit industry operators... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry into the Petrochemical Manufacturing industry are high, and are expected to remain that way. This industry faces a number of barriers to entry, a major one being the level of capital required. The costs to construct a plant can range anywhere from a couple hundred million to billions of dollars. For example, Dow Chemical Co. is in the works of securing permits to construct a $1.7 billion plant in Freeport, TX.

Aside from the costs of building a plant, regulatory costs are high as well. Because the industry deals with chemical waste and emissions, companies are subject to rules set by the Environmental Protection Agency... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Petrochemical Manufacturing Industry?

This industry manufactures petrochemicals, which are chemicals derived from refined petroleum or liquid hydrocarbons. 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 non-durable goods. Organic compounds like ethyl alcohol and inorganic chemicals like carbon black are excluded from the industry.

Industry Products
Propane / PropyleneEthane / EthyleneStyreneButane / ButyleneBenzeneXylenesTolueneButadiene
Industry Activities
Manufacturing olefins made from refined petroleum or liquid hydrocarbonsManufacturing polyolefins made from refined petroleum or liquid hydrocarbonsManufacturing ethylene made from refined petroleum or liquid hydrocarbons.

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