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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 | Sep 2014

In the mix: Revenue will improve, despite volatile input costs and rising consolidation

IBISWorld’s Petrochemical Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$99bn
Annual Growth 09-14
11.6%
Annual Growth 14-19
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Profit
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Employment
9,416
Businesses
44
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 - Industry Products Chapter

This industry primarily converts feedstock derived from petroleum or from petroleum and natural gas liquids into petrochemicals. These petrochemicals include aliphatic hydrocarbons (57.5% of revenue) and cyclic aromatic hydrocarbons (42.4% of revenue). Acyclic hydrocarbons are made from refined petroleum or liquid hydrocarbons. Key products within this group include: ethylene, propylene, butadiene and cyclic aromatic hydrocarbons.

Ethylene

Estimated to be the world's most widely used petrochemical in terms of worldwide production volume, ethylene is the key building block in the production of polyethylene (polyethylene accounts for 50.0% of all ethylene production), ethylene oxide (10.0% of ethylene production) and its range of derivatives (such as ethylene glycol)... 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
EthylenePropyleneBenzeneEthylbenzeneStyreneTolueneCumeneButadiene
 
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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