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The market size of the Petrochemical Manufacturing industry in the US is $xx.xx, which is expected to decline at xx% over the next five years. This industry manufactures petrochemicals, which are chemicals derived from refined petroleum or liquid hydrocarbons. Key products include ethylene, propylene, butylene, benzene, toluene, styrene, xylene, ethylbenzene and cumene. These products are used in the production of consumer products, automotive components and various durable and nondurable goods. Organic compounds, such as ethyl alcohol and inorganic chemicals, like carbon black, are excluded from the industry.
Curious about what drives these trends? IBISWorld's Petrochemical Manufacturing in the US industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Petroleum Refining in the US |
|
XX% | XX% | $XX |
| Industrial Gas Production in the US |
|
XX% | XX% | $XX |
| Organic Basic Chemical Manufacturing in the US |
|
XX% | XX% | $XX |
| Petrochemical Manufacturing in Canada |
|
XX% | XX% | $XX |
| Lubricant & Other Petroleum Product Manufacturing in Australia |
|
XX% | XX% | $XX |
| Organic Basic Chemical Manufacturing in the UK |
|
XX% | XX% | $XX |
| Organic Chemical Material Manufacturing in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Petrochemical Manufacturing in the US is $98.9bn in 2025.
The market size of the Petrochemical Manufacturing in the US increased 3.8% in 2025.
The market size of the Petrochemical Manufacturing in the US has grown at a 16.2% CAGR between 2020 and 2025.
See our full analysis of the Petrochemical Manufacturing in the US to understand if the industry market size is expected to grow or decline over the next five years.