The U.S. has a 9% share (based on USD) of global petrochemical imports, which puts it in fourth place, trailing China (22%), Belgium (14%) and Germany (10%). In 2015, U.S. petrochemical imports totaled 1,821 million USD, which was 1,293 million USD (42%) 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 1,8 billion USD worth of petrochemicals from overseas. Canada was the main supplier into the U.S., with a 60% share of total U.S. imports in 2015, based on USD. It was distantly followed by South Africa (10%), China (6%) and Brazil (6%). Imports from Canada decreased at an average annual rate of -7.7% over the period under review. Meanwhile, China was the fastest growing supplier (+14.4% per year) from 2007 to 2015, followed by Brazil (+13.5% per year) and South Africa (+2.2% per year). South Africa, China and Brazil strengthened their positions in the U.S. import structure by +5 percentage points each from 2007 to 2015, while Canada lost -10 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 1 billion USD. In 2015, the trade deficit plummeted to 252 million USD, following the abrupt drop of imports.
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“U.S. Petrochemical Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. petrochemical market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
Data coverage:
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Aromatics (benzene, toluene, xylene, etc.), made in petrochemical plants; Liquefied refinery gases (aliphatics), made in petrochemical plants; Petrochemical manufacturing, nsk, total.
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.
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TABLE OF CONTENTS
1. INTRODUCTION
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5. IMPORTS
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6. EXPORTS
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.4 EMPLOYMENT
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES
DISCLAIMERS
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