Mobile Menu

Petrochemical Manufacturing in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON32511CA

Petrochemical Manufacturing in Ontario industry analysis

Revenue for the Petrochemical Manufacturing industry in Ontario is expected to grow an annualized x.x% to $x.x billion 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 increased an annualized x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase % to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Petrochemical Manufacturing in Ontario Market Research Report

What’s Included in the Petrochemical Manufacturing in Ontario Market Research Report

Definition of the Petrochemical Manufacturing in Ontario?

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 Ontario?

The Petrochemical Manufacturing in Ontario 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 Ontario 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 Ontario

Benchmark the Petrochemical Manufacturing in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Petrochemical Manufacturing in Ontario

#3 in Highest Revenue 22.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Petrochemical Manufacturing in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

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

Key Drivers of the Petrochemical Manufacturing industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, demand from plastic and resin manufacturing, world price of crude oil and consumer spending are impacting Petrochemical Manufacturing in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON 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 Ontario

Access proprietary data on Census Metropolitan Area in the Petrochemical Manufacturing in Ontario, such as Sarnia and Toronto. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Petrochemical Manufacturing industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

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

The market size of the Petrochemical Manufacturing industry in Ontario is $1.6bn in 2025.

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

There are 9 businesses in the Petrochemical Manufacturing industry in Ontario, which has been growing at an average annual rate of 5.2% from 2020 to 2025.

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

The market size of the Petrochemical Manufacturing industry in Ontario has been growing at an average annual rate of 7.3% from 2020 to 2025.

How many employees in the Petrochemical Manufacturing industry in Ontario in 2025?

There are 195 employees in the Petrochemical Manufacturing industry in Ontario, which has been growing at an average annual rate of 2.5% from 2020 to 2025.