NAICS 324Subsector · 3-digitnational market1 market record

Petroleum and coal product manufacturing

This subsector comprises establishments primarily engaged in transforming crude petroleum and coal into intermediate and end products. The dominant process is petroleum refining, which separates crude petroleum into components or fractions through such techniques as cracking and distillation. — Statistics Canada, NAICS 2022A

Establishments · CanadaA
411
with employees
Under 10 employeesA
47%
most common size: 1–4
Establishments · USA
2,111
Employment · USA
100,614
48 per establishment
Payroll · USA
$12.5B
$124k per employee
01

Size and shape

How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.

Canadian establishments by number of employeesA

1–410425%
5–98922%
10–196817%
20–499523%
50–99174%
100–199205%
200–499123%
500+61%

Of 411 Canadian establishments with employees, 47% have fewer than ten — weighted toward mid-sized establishments.

Where they areA

Ontario13232%
Quebec13132%
Alberta6616%
British Columbia277%

Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.

How many new establishments are still tradingA
Manufacturing, US · opened 2020
86.2%
1 year
70.8%
3 years
58.4%
5 years
45.3%
10 years
opened 2015

Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.

02

How businesses here compete

The structural profile of subsector 324, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.

national competitionhigh capitalUNVERIFIED

Refining is not an entry market. Asphalt and lubricant blending are regional niches inside it.

Who sets the price
Crude and refined-product markets.
The software it runs on
Process control and hydrocarbon accounting.
03

Market screens and studies

Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.

No operating-business record sits in this industry — the record filed here is a software market, shown in the next section.

04

Software serving this industry

The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.

Catalogued categories — named, not analysed

05

Companies in this industry · 4

Every company this research names that is filed here or beneath — the operators, and the vendors that sell to them — largest disclosed revenue first. The rank is within the company’s own six-digit industry.

CompanyFiled underRevenueRank
YokogawaPrivatePetroleum and coal product manufacturing3241—1/4
AspenTechPrivatePetroleum and coal product manufacturing3241—2/4
Honeywell UOPPrivatePetroleum and coal product manufacturing3241—3/4
KBCPrivatePetroleum and coal product manufacturing3241—4/4
06

Who works here

The occupations employed in Manufacturing, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.

And the jobs every business has

Found across at least fourteen of the twenty sectors. In a small establishment several of these are usually one person, or an outside provider.

All 162 occupations →

07

Inside this industry

1 row sits directly beneath 324, and 8 in all once every level is counted. Each has a base report of its own.

CodeIndustryEstablishments · CAWhat is known
3241Petroleum and coal product manufacturing411Process Manufacturing & Refining Software

Alongside it, under 31-33 Manufacturing

CodeIndustryEstablishments · CAWhat is known
311Food manufacturing6,868Consumer Packaged Goods Brand OperationDigital Shelf & Product Content SoftwareFood Safety & Traceability Software+9 more
312Beverage and tobacco product manufacturing2,021Craft Beverage ProductionTobacco Product ManufacturingCannabis Seed-to-Sale Compliance Software
313Textile mills243Specialty Yarn & Custom Fibre MillTechnical Fabric MillFabric Coating & Commission Finishing
314Textile product mills628Technical Textiles & Cut-and-SewCustom Drapery & Soft-Furnishings WorkroomCanvas, Awning & Industrial Sewing Shop
315Apparel manufacturing1,179Apparel PLM & Production ManagementDomestic Knitwear & Hosiery MillCut-and-Sew Contract Shop+1 more
316Leather and allied product manufacturing152Small Tannery & Hide FinishingDomestic Footwear FactorySmall-Batch Leather Goods Manufacturing
321Wood product manufacturing3,308Value-Added Wood Manufacturing & Small SawmillingSawmill & Wood-Preserving PlantEngineered Wood & Mass Timber Plant+1 more
322Paper manufacturing544Pulp & Paper MillCorrugated Sheet Plant & Paper Converting
323Printing and related support activities3,124Print Management Information SystemsCommercial Print Shop Acquisition
325Chemical manufacturing2,195Basic Chemical PlantResin & Synthetic Fibre PlantCrop-Protection & Fertilizer Formulator+4 more
326Plastics and rubber products manufacturing2,065Plastics Injection Moulding Job ShopPlastic Film & Packaging Extrusion PlantCustom Rubber Compounding & Moulded Goods
327Non-metallic mineral product manufacturing2,230Ready-Mix Concrete & AggregatesClay Brick Plant (and Studio Ceramics)Glass Fabrication Shop (Tempering & Insulating Units)+3 more
331Primary metal manufacturing579Steel Mill & Mini-MillSteel Wire & Tube Conversion PlantPrimary Aluminum Smelter+2 more
332Fabricated metal product manufacturing7,882Job Shop & Metal Fabrication ERPForging & Stamping ShopHand Tool & Knife Making+7 more
333Machinery manufacturing4,601Manufacturing Execution & Plant AutomationShort-Line Farm Implement ManufacturerSpecial-Purpose Industrial Machinery Builder+5 more
334Computer and electronic product manufacturing1,509Specialty Computer Hardware MakerBroadcast and Wireless Equipment MakerSpecialty Audio Equipment Maker+3 more
335Electrical equipment, appliance and component manufacturing1,138Specification-Grade LED Luminaire MakerHousehold Appliance PlantTransformer & Switchgear Plant+1 more
336Transportation equipment manufacturing1,989Electric Bus & Truck Assembly PlantTruck Body & Trailer ManufacturingTier-Supplier Auto Parts Plant+4 more
337Furniture and related product manufacturing4,093Custom Cabinet & Millwork ShopStock Cabinet & Household Furniture PlantContract Office Furniture & Store Fixture Plant+1 more
339Miscellaneous manufacturing5,175Dental Laboratory OperationDental Laboratory & Sign Manufacturing