November 26, 2020
Manufacturing Demand Share
Canadian Industrial Demand is about 2 Bcf/d, with five high natural gas intensity sub-sectors:
- Chemical manufacturing (Fertilizer, Methanol) make up the largest share and tend to be the most natural gas intensive sector
- Both fabricated and primary metals make up just under a quarter of Canadian industrial demand.
- Paper sector at 13%, has the third largest share with natural gas making up 15-30% of input costs.
- Natural gas in the Food and Beverage and other sectors tends to account for a minor part of overall costs (less than 10%) and are therefore inelastic to commodity price volatility.
- Petroleum and Plastics utilize natural gas as both a feedstock and process fuel.