Forecast: Total Researchers in Manufacture of Coke and Refined Petroleum Products in Canada

In 2023, the number of full-time equivalent researchers in the manufacture of coke and refined petroleum products in Canada stood at 275. Forecasts indicate a steady annual growth of researchers from 2024 to 2028, showing an increase of approximately 2.8% each year. By 2028, the number is expected to reach 313. The compound annual growth rate (CAGR) over this period is approximately 2.67%, reflecting a moderate but consistent expansion in the industry.

Future trends to watch include:

  • Technological advancements, which could spur demand for research talent.
  • Regulatory changes potentially impacting funding and research priorities.
  • Sustainable and alternative fuel research as a driving force in researcher growth.
  • Economic and geopolitical factors influencing crude oil and coke supply chains.

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