Petrochemical Manufacturing in the US

Oil a slippery product

This industry has experienced considerable volatility over recent years, stemming from the cyclical nature of the supply and demand balance. Initially weighed down by excess capacity and weak prices, the industry then took a dramatic turn for the better with a tighter supply and demand balance and rising prices combining to drive revenue growth. Going forward, the industry will continue to be marked by ongoing volatility, with the industry expected to benefit from a favorable supply and demand balance over the immediate future.

This industry comprises establishments primarily engaged in (1) manufacturing acyclic (i.e., aliphatic) hydrocarbons such as ethylene, propylene, and butylene made from refined petroleum or liquid hydrocarbon and/or (2) manufacturing cyclic aromatic hydrocarbons such as benzene, toluene, styrene, xylene, ethyl benzene, and cumene made from refined petroleum or liquid hydrocarbons. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.