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 | Aug 2015

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

IBISWorld’s Petrochemical Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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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 - Industry Investment Chapter

The Petrochemical Manufacturing industry requires a high amount of capital investment. The cost of new plants and equipment is significant, major player Royal Dutch Shell recently announced plans to build a new $2.0 billion ethylene plant in Pennsylvania. The manufacturing process requires a highly mechanized process that involves large complex machinery that turns feedstock into different chemicals through a process known as cracking. In 2015, industry companies will spend about $2.19 on capital for every dollar spent on labor, reflecting the high-tech, high-cost nature of the plants used to manufacture the relevant products. Capital intensity is expected to remain high in the five years to 2020... 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
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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