Petroleum & Coal Products Manufacturing | Market Research

Industry Definition

The Petroleum and Coal Products Manufacturing industry comprises establishments primarily engaged in refined petroleum, construction product and other petroleum and coal related product manufacturing. Industry players may refine crude petroleum, manufacture asphalt, tar and other construction related products.

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Los Angeles Research Group's Petroleum and Coal Products Manufacturing market research report contains detailed information on upstream and downstream industries, including market shares, growth patterns and pricing trends. In addition to supply chain data, this report highlights important economic drivers, risk factors and sector trends. Industry performance is benchmarked against its sector and the general economy, so users get a better understanding of how the market is performing. This industry is segmented by size (e.g., revenue, number of employees, number of establishments), location and type (e.g., corporations, sole-proprietorships, partnerships).

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Revenue ($b)
Businesses (000s)
Market Share
$340.7 $133.1
16/486
Employment (000s)
Wages & Benefits ($m) Profit ($m)
1,226
$43.8 $92.7

*Note: All data in the table is based on 2011 figures; Industry market share is a ranking of industries by size (calculated using IVA), with 1 being the largest and 486 being the smallest.

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About this Report

Main Activities

  • Petroleum refining
  • Gasoline and diesel fuel production
  • Coke production
  • Liquefied petroleum gas (LPG) and propane manufacturing
  • Heating oil manufacturing
  • Tar and asphalt product manufacturing
  • Roofing material manufacturing
  • Brake, engine and lubricating oil production
  • Petroleum jelly production
  • Other petroleum and coal product manufacturing
  • Residential and commercial sidewalk construction

NAICS Industry Codes

  • 32411 - Petroleum Refineries: This industry comprises establishments primarily engaged in refining crude petroleum into refined petroleum. Petroleum refining involves one or more of the following activities: (1) fractionation; (2) straight distillation of crude oil; and (3) cracking.
  • 32412 - Asphalt Paving, Roofing & Saturated Materials Manufacturing: This industry comprises establishments primarily engaged in (1) manufacturing asphalt and tar paving mixtures and blocks and roofing cements and coatings from purchased asphaltic materials and/or (2) saturating purchased mats and felts with asphalt or tar from purchased asphaltic materials.
  • 32419 - Other Petroleum & Coal Products Manufacturing: This industry comprises establishments primarily engaged in manufacturing petroleum products (except asphalt paving, roofing and saturated materials) from refined petroleum or coal products made in coke ovens not integrated with a steel mill.

Sector Overview

The Petroleum and Coal Products Manufacturing industry is part of the Manufacturing sector, which comprises establishments that primarily engage in the mechanical, physical or chemical transformation of materials, substances or components into new products. These products may be finished in the sense that they are ready for utilization or consumption or they may be partially finished, meaning they are used as inputs for an establishment engaged in further manufacturing. Establishments in this sector are often described as plants, factories or mills and generally use power-driven machines and material-handling equipment. However, this sector also includes establishments that produce handmade products, such as bakeries, candy stores and custom tailors.

Los Angeles Research Group’s in-depth KNOWLEDGE and EXPERTISE provides clients with an INSTANT understanding of the Petroleum and Coal Products Manufacturing INDUSTRY - including past RESULTS & FORECAST performance.

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