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Petrochemical Manufacturing in Michigan

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MI32511

Petrochemical Manufacturing in Michigan industry analysis

The Petrochemical Manufacturing industry in Michigan is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to stagnate an annualized x% to xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Petrochemical Manufacturing in Michigan Market Research Report

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

Definition of the Petrochemical Manufacturing in Michigan?

This industry manufactures petrochemicals, which are chemicals derived from refined petroleum or liquid hydrocarbons. 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, and inorganic chemicals, such as carbon black, are excluded from the industry.

What’s included in the Petrochemical Manufacturing in Michigan?

The Petrochemical Manufacturing in Michigan includes aliphatic hydrocarbons, cyclic aromatic hydrocarbons and butadiene and styrene. Related terms covered in the Petrochemical Manufacturing in Michigan 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, a chemical product derived from petroleum, but that can also be obtained from other fossil fuels such as coal or natural gas and hazardous air pollutants are known or suspected carcinogens.

Industry Performance of the Petrochemical Manufacturing industry in Michigan

Benchmark the Petrochemical Manufacturing in Michigan industry performance with all MI county and national performance.

Petrochemical Manufacturing in Michigan

#8 in Highest Revenue 0.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Petrochemical Manufacturing in the US


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

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Key Drivers of the Petrochemical Manufacturing industry in Michigan

See how key industry drivers, such as are impacting Petrochemical Manufacturing in Michigan

Michigan Economic Indicators

Population
Net Migration

View more economic information in MI State Economic profile

US Key External Drivers

Demand from plastic and resin manufacturing
World price of crude oil
Price of natural gas

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

County Data of the Petrochemical Manufacturing industry in Michigan

Access proprietary data on county in the Petrochemical Manufacturing in Michigan, such as Oakland County, Wayne County and Kent County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Petrochemical Manufacturing industry in Michigan

Download 18 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 Michigan in 2025?

The market size of the Petrochemical Manufacturing industry in Michigan is $539.2m in 2025.

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

There are 2 businesses in the Petrochemical Manufacturing industry in Michigan, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Petrochemical Manufacturing industry in Michigan has been growing at an average annual rate of 13.3% from 2020 to 2025.

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

There are 112 employees in the Petrochemical Manufacturing industry in Michigan, which has been declining at an average annual rate of -0.4% from 2020 to 2025.