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Petrochemical Manufacturing in Nova Scotia

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS NS32511CA

Petrochemical Manufacturing in Nova Scotia industry analysis

Revenue for the Petrochemical Manufacturing industry in Nova Scotia is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

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About the Petrochemical Manufacturing in Nova Scotia Market Research Report

What’s Included in the Petrochemical Manufacturing in Nova Scotia Market Research Report

Definition of the Petrochemical Manufacturing in Nova Scotia?

This industry manufactures petrochemicals, which are chemicals derived from petroleum and natural gas. 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 nondurable goods. Organic compounds, such as ethyl alcohol, in addition to inorganic chemicals, such as carbon black, are excluded from the industry.

What’s included in the Petrochemical Manufacturing in Nova Scotia?

The Petrochemical Manufacturing in Nova Scotia includes manufacturing benzene from refined petroleum or liquid hydrocarbons, manufacturing butadiene/butane and butylene from refined petroleum or liquid hydrocarbons, manufacturing cumene from refined petroleum or liquid hydrocarbons, manufacturing ethane made from refined petroleum or liquid hydrocarbons, manufacturing ethylene made from refined petroleum or liquid hydrocarbons, manufacturing isobutene/isoprene made from refined petroleum or liquid hydrocarbons, manufacturing propylene made from refined petroleum or liquid hydrocarbons, manufacturing styrene made from refined petroleum or liquid hydrocarbons, manufacturing toluene made from refined petroleum or liquid hydrocarbons and manufacturing xylene made from refined petroleum or liquid hydrocarbons. Related terms covered in the Petrochemical Manufacturing in Nova Scotia industry report includes an unsaturated organic compound used in the production of polypropylene, a versatile polymer used in packaging and other plastic products, a gaseous organic compound used in chemical reactions to make other chemicals. it is used in polymerization, oxidation and halogenation and a chemical product derived from petroleum that can also be obtained from other fossil fuels such as coal or natural gas.

Industry Performance of the Petrochemical Manufacturing industry in Nova Scotia

Benchmark the Petrochemical Manufacturing in Nova Scotia industry performance with all NS Census Metropolitan Area and national performance.

Petrochemical Manufacturing in Nova Scotia

#4 in Highest Revenue 4.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth ()

Petrochemical Manufacturing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Petrochemical Manufacturing industry in Nova Scotia

See how key industry drivers, such as population, net migration, private investment in residential construction, demand from plastic and resin manufacturing, world price of crude oil and consumer spending are impacting Petrochemical Manufacturing in Nova Scotia

Nova Scotia Economic Indicators

Population
Net Migration
Private Investment in Residential Construction

View more economic information in NS State Economic profile

Canada Key External Drivers

Demand from plastic and resin manufacturing
World price of crude oil
Consumer spending

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Petrochemical Manufacturing industry in Nova Scotia

Key Statistics of the Petrochemical Manufacturing industry in Nova Scotia

Download 17 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Petrochemical Manufacturing industry in Nova Scotia in 2025?

The market size of the Petrochemical Manufacturing industry in Nova Scotia is $396.7m in 2025.

How many businesses are there in the Petrochemical Manufacturing industry in Nova Scotia in 2025?

There are 2 businesses in the Petrochemical Manufacturing industry in Nova Scotia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Petrochemical Manufacturing industry in Nova Scotia grown or declined over the past 5 years?

The market size of the Petrochemical Manufacturing industry in Nova Scotia has been growing at an average annual rate of 1.3% from 2020 to 2025.

How many employees in the Petrochemical Manufacturing industry in Nova Scotia in 2025?

There are 89 employees in the Petrochemical Manufacturing industry in Nova Scotia, which has been growing at an average annual rate of 1.7% from 2020 to 2025.