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Petroleum Refining in Canada - Market Size (2005–2029)

NAICS 32411CA Last Updated: February 2025

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$102.3bn

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Petroleum Refining in Canada Market Size in 2025
-1.0%

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 Petroleum Refining in Canada Market Size Growth in 2025
13.4%

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 Petroleum Refining in Canada Market Size CAGR 2020-2025

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 Petroleum Refining in Canada Market Size CAGR 2025-2030

Curious about what drives these trends? IBISWorld's Petroleum Refining in Canada Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Petroleum Refining in Canada in 2024?

    The market size of the Petroleum Refining in Canada was $103.4bn in 2024.

  • What was the growth rate of the Petroleum Refining in Canada in 2024?

    The market size of the Petroleum Refining in Canada decreased -1.3% in 2024.

  • What was the market size of the Petroleum Refining in Canada in 2025?

    The market size of the Petroleum Refining in Canada is $102.3bn in 2025.

  • What is the growth rate of the Petroleum Refining in Canada in 2025?

    The market size of the Petroleum Refining in Canada decreased -1.0% in 2025.

  • Has the Petroleum Refining in Canada grown or declined over the past 5 years?

    The market size of the Petroleum Refining in Canada has declined at a -1.3% CAGR between 2019 and 2024.

  • Is the Petroleum Refining in Canada expected to grow or decline over the next five years?

    See our full analysis of the Petroleum Refining in Canada to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Petroleum Refining in Canada grown or declined over the past 5 years?

    The market size of the Petroleum Refining in Canada has grown at a 13.4% CAGR between 2020 and 2025.

  • Is the Petroleum Refining in Canada expected to grow or decline over the next five years?

    See our full analysis of the Petroleum Refining in Canada to understand if the industry market size is expected to grow or decline over the next five years.

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