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CA NAICS 41211bCA | Industry Report

Gasoline & Petroleum Bulk Stations in Canada Industry Data and Analysis

MP
Matthew Pigott
Analyst New York, United States August 2025

Companies in the Canadian Gasoline and Petroleum Bulk Stations industry manage bulk storage tanks and terminals for crude oil and petroleum products such as gasoline, diesel fuel, fuel oil and liquid petroleum gases. These bulk stations are often located near major refineries, ports and industrial centres to quickly and efficiently receive product and unload it to customers. These stations play an important role in the supply chain of crude oil and petroleum products. Given that the industry serves as a conduit between petroleum refiners and markets further downstream, the industry's performance is intimately linked to the supply of and demand for petroleum and petroleum products.In recent years, industry revenue has been volatile due to significant shifts in the world price of crude oil due to uneven downstream demand. Industry revenue is expected to have grown at a CAGR of 8.0% to reach $252.8 billion in 2025, when industry revenue is expected to fall 4.7%. Much of this expected growth is the result of strong growth in oil prices in both 2021 and 2022, following 2020 lows caused by COVID-19 pandemic related restrictions driving down oil demand. Industry revenue has fallen in the years since 2022. Due to volatility in product prices and downstream demand, industry profit, defined as earnings before interest and taxes, is expected to have remained steady over the past five years, in spite of rising revenue.Over the coming years, the industry is forecast to see slight growth. Domestic oil production is forecast to rise, bolstering the volume of oil and petroleum products supplied by industry operators. As the domestic manufacturing, construction and transport sectors expand, domestic demand for industry products is expected to grow. Simultaneously, investment in distribution infrastructure, which has been insufficient to handle demand for oil, is forecast to benefit industry oil prices by diminishing the domestic supply glut. Overall, industry revenue is expected to grow at a CAGR of 1.1% to $267.4 billion in 2030.

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What's included in this industry analysis

IBISWorld's research coverage on the Gasoline & Petroleum Bulk Stations industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released August 2025.

About this industry

What's this industry report about?

The Gasoline & Petroleum Bulk Stations industry in Canada operates under the NAICS industry code 41211bCA. This industry manages and operates bulk-storage facilities for petroleum products and wholesales those products in bulk to smaller petroleum distributors, electricity generators and gasoline stations. Related terms covered in the Gasoline & Petroleum Bulk Stations industry in Canada include bulk station, terminal and feedstock.

What's included in this industry?

Products and services covered in Gasoline & Petroleum Bulk Stations industry in Canada include Crude oil, Pentane plus and Motor gasoline.

What companies are included in this industry?

Companies covered in the Gasoline & Petroleum Bulk Stations industry in Canada include Imperial Oil, Suncor and Shell Canada.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Gasoline & Petroleum Bulk Stations industry in Canada.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Gasoline & Petroleum Bulk Stations industry in Canada.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Gasoline & Petroleum Bulk Stations industry in Canada.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Gasoline & Petroleum Bulk Stations industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Gasoline & Petroleum Bulk Stations industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Gasoline & Petroleum Bulk Stations industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Gasoline & Petroleum Bulk Stations industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Gasoline & Petroleum Bulk Stations industry in Canada.

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Frequently Asked Questions

What is the market size of the Gasoline & Petroleum Bulk Stations industry in Canada in 2026?

The market size of the Gasoline & Petroleum Bulk Stations industry in Canada is $252.8bn in 2026.

How many businesses are there in the Gasoline & Petroleum Bulk Stations industry in Canada in 2025?

There are 340 businesses in the Gasoline & Petroleum Bulk Stations industry in Canada, which has grown at a CAGR of 2.4 % between 2020 and 2025.

How may import tariffs affect the Gasoline & Petroleum Bulk Stations industry in Canada?

The Gasoline & Petroleum Bulk Stations industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Gasoline & Petroleum Bulk Stations industry in Canada?

The Gasoline & Petroleum Bulk Stations industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Gasoline & Petroleum Bulk Stations industry in Canada grown or declined over the past 5 years?

The market size of the Gasoline & Petroleum Bulk Stations industry in Canada has been growing at a CAGR of 8.0 % between 2020 and 2025.

What is the forecast growth of the Gasoline & Petroleum Bulk Stations industry in Canada over the next 5 years?

Over the next five years, the Gasoline & Petroleum Bulk Stations industry in Canada is expected to grow.

What are the biggest companies in the Gasoline & Petroleum Bulk Stations industry in Canada?

The biggest companies operating in the Gasoline & Petroleum Bulk Stations industry in Canada are Imperial Oil, Suncor and Shell Canada

What does the Gasoline & Petroleum Bulk Stations industry in Canada include?

Operating bulk storage tanks and Operating crude oil bulk stations are part of the Gasoline & Petroleum Bulk Stations industry in Canada.

Which companies have the highest market share in the Gasoline & Petroleum Bulk Stations industry in Canada?

The company holding the most market share in the Gasoline & Petroleum Bulk Stations industry in Canada is Imperial Oil.

How competitive is the Gasoline & Petroleum Bulk Stations industry in Canada?

The level of competition is high and increasing in the Gasoline & Petroleum Bulk Stations industry in Canada.

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