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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 | Aug 2015

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

IBISWorld’s Petrochemical Manufacturing 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
$89bn
Annual Growth 10-15
0.7%
Annual Growth 15-20
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Profit
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Employment
8,788
Businesses
45
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 Key Buyers Chapter

The Petrochemical Manufacturing Industry has a medium level of concentration with the top four players accounting for close to 40.0% of industry revenue. Industry concentration has been falling over the five years to 2015. In 2010, the top four players, Royal Dutch Shell PLC, LyondellBasell, Chevron Phillips Chemical Company LLC and Exxon Mobil, accounted for over 50.0% of the industry’s total revenue. The drop in market share concentration is a reflection of economic recovery over the past five years; smaller firms have entered the market and taken market share away from the larger players, bringing total establishments to 62 in 2015, up from 53 in 2010... 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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