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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 | Mar 2016

Organic compound: As input price volatility eases, industry 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
Revenue
$52bn
Annual Growth 11-16
-12.1%
Annual Growth 16-21
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Profit
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Employment
8,632
Businesses
40
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 Analysis Chapter

In the five years to 2016, the Petrochemical Manufacturing industry has experienced significant revenue contraction as a result of price fluctuations in the industries two key inputs, crude oil and natural gas. In the second half of 2014, the world price of crude oil collapsed, falling 47.0% for the year, while natural gas prices fell 39.2%, as world supply glut for commodities emerged. Major players in this industry are large, vertically integrated, multinational energy companies, who control the supply chain from the point of exploration and drilling, right through to chemical manufacturing, refining and sales to market... 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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