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Petrochemical Manufacturing in New Brunswick

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NB32511CA

Petrochemical Manufacturing in New Brunswick industry analysis

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

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

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About the Petrochemical Manufacturing in New Brunswick Market Research Report

What’s Included in the Petrochemical Manufacturing in New Brunswick Market Research Report

Definition of the Petrochemical Manufacturing in New Brunswick?

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 New Brunswick?

The Petrochemical Manufacturing in New Brunswick 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 New Brunswick 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 New Brunswick

Benchmark the Petrochemical Manufacturing in New Brunswick industry performance with all NB Census Metropolitan Area and national performance.

Petrochemical Manufacturing in New Brunswick

#5 in Highest Revenue 3% 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 New Brunswick

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

New Brunswick Economic Indicators

Median Houshold Income
Gross Domestic Product
Private Investment in Non-Residential Construction

View more economic information in NB 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 New Brunswick

Key Statistics of the Petrochemical Manufacturing industry in New Brunswick

Download 17 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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

The market size of the Petrochemical Manufacturing industry in New Brunswick is $209.2m in 2025.

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

There are 1 businesses in the Petrochemical Manufacturing industry in New Brunswick, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Petrochemical Manufacturing industry in New Brunswick has been growing at an average annual rate of 2.4% from 2020 to 2025.

How many employees in the Petrochemical Manufacturing industry in New Brunswick in 2025?

There are 107 employees in the Petrochemical Manufacturing industry in New Brunswick, which has been declining at an average annual rate of -6.4% from 2020 to 2025.