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 Locations Chapter
There are 62 establishments in the Petrochemical Manufacturing industry and its major players are located primarily in Texas, which is estimated to account for an estimated 49.1% of establishments. Overall, the two key regions are the Southwest and the Southeast, which together account for over three-quarters of all establishments. The Gulf Coast is a dominant petrochemical production region due to its location near the gulf and proximity to major natural gas and oil hubs. As such, about 76.0% of North America's ethylene capacity is located along the Gulf Coast.
This geographic phenomenon partly reflects the industry's reliance on feedstock, such as refined petroleum or liquid hydrocarbons... purchase to read more