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U.S. Petrochemical Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. Petrochemical Market. Analysis And Forecast to 2030

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Jul 18, 2016

Petrochemical Market - Canada Is Losing Its Share in U.S. Petrochemical Import Structure

Photo: © khunaspix / Bigstockphoto

The U.S. has a X% share (based on USD) of imports on the global petrochemical market, which puts it in fourth place, trailing China (X%), Belgium (X%) and Germany (X%). In 2015, U.S. petrochemical imports totaled X million USD, which was X million USD (X%) less than the year before. U.S. petrochemical imports fluctuated wildly from 2007 to 2015. A dramatic fall in 2009 was followed by rocketing growth over the next two years, until imports decreased again through to 2013, before finally stabilizing in 2014. However, this leveling off quickly gave way to a precipitous drop in 2015.

In 2011, U.S. petrochemical importers overtook their pre-recession import level achieved in 2008. After the plunge of 2015, though, imports hit their bottom level, falling even deeper than in 2009.

Despite this nosedive in 2015, the U.S. still demands approximately X billion USD worth of petrochemicals from overseas. Canada was the main supplier into the U.S., with a X% share of total U.S. imports in 2015, based on USD. It was distantly followed by South Africa (X%), China (X%) and Brazil (X%). Imports from Canada decreased at an average annual rate of -X% over the period under review. Meanwhile, China was the fastest growing supplier (+X% per year) from 2007 to 2015, followed by Brazil (+X% per year) and South Africa (+X% per year). South Africa, China and Brazil strengthened their positions in the U.S. import structure by +X percentage points each from 2007 to 2015, while Canada lost -X percentage points over the same period.

From 2007 to 2015, the U.S. was a net importer of petrochemical. Net US imports of petrochemical swung frenziedly over the period under review, however, from 2010 to 2014, they remained significantly above X billion USD. In 2015, the trade deficit plummeted to X million USD, following the abrupt drop of imports.

Do you want to know more about the U.S. petrochemical market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • petrochemical market share
  • petrochemical prices
  • petrochemical industry
  • petrochemical sales
  • petrochemical market forecast
  • petrochemical price forecast
  • keypetrochemical producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the petrochemical market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 325110 - Petrochemical manufacturing

Companies mentioned:

  • Si Group
  • Inc Aerojet Rocketdyne of De
  • Ineos Americas LLC
  • Sapphire Energy
  • Mexichem Fluor Inc.
  • Marquis Energy LLC
  • Hercules Incorporated
  • White Energy
  • Eastman Chemical Texas City
  • Rubicon, Fuel South
  • Rex American Resources Corporation
  • Big River Resources
  • Durez Corporation
  • Badlands Power Fuels
  • Equistar Chemicals
  • Flint Hills Resources Houston Chemical
  • Williams Olefins
  • Big River Resources West Burlington
  • White Energy Holding Company
  • Westlake Olefins Corporation
  • Co-Op Energy Co
  • Petrologistics
  • Lbdb Holdings

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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