The Refined Petroleum Products by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Refined Petroleum Products, The refined petroleum products market size has grown steadily in recent years. It will grow from $2629.64 billion in 2023 to $2756.01 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the increased number of vehicles on the road, the increased demand from end-users, and the increased population.
The refined petroleum products market size is expected to see steady growth in the next few years. It will grow to $3246.8 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to rising urbanization, growing demand for crude oil and gas, and increase in demand for electricity. Major trends in the forecast period include focusing on new facility expansions and expanding their production capacities, product innovations, increasing investments and mergers and acquisitions.
Refineries are increasingly adopting Carbon Capture and Storage techniques to reduce CO2 emission levels in the atmosphere. This technique involves trapping CO2 at its emission source and transporting it to a different storage location which is actively monitored and measured. This way CO2 is isolated from the atmosphere, thereby reducing emission levels. For instance, Quest, a partnership venture of Shell, Canada Energy, and Chevron is fully integrated CCS project that captures CO2 produced from refineries and prevents it from entering the atmosphere by storing it in underground formations. Globally there are about 15 large scale projects and 7 under construction projects with the capacity to capture about 40 million tones CO2 per annum, thus indicating the potential of CCS technology in minimizing carbon emissions. For Instance, some of the major companies adopting this technique include ExxonMobil, Port Arthur Refinery, Baytown Refinery, RasTanura Refinery, and Garyville Refinery.
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The refined petroleum products market covered in this report is segmented –
1) By Type: Diesel, Gasoline, Fuel Oil, Kerosene, Other Refined Petroleum Products
2) By Fraction: Light Distillates, Middle Distillates, Heavy Oils
3) By Refinery Type: Integrated Refined Petroleum Product, Non-Integrated Refined Petroleum Product
4) By Application: Fuel, Chemical, Other Applications
Major companies operating in the refined petroleum products market are focusing on developing innovative products, such as low-smoke fuel, to sustain their position in the market. Low smoke fuel produces less smoke than regular fuel as they have a lower volatile content, making it less likely to vaporize and burn incompletely, producing low smoke. For instance, in January 2023, Bharat Petroleum Corporation Limited, an Indian-based petroleum refinery company, launched Low Smoke Superior Kerosene Oil for Army operating at a high altitude. It is designed to produce less smoke and emissions, which can be a major health hazard for soldiers operating in high-altitude environments with low oxygen levels. BPCL Low Smoke SKO is produced using a special refining process that removes impurities and reduces the aromatic content of the oil.
The refined petroleum products market report table of contents includes:
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The Business Research Company’s latest report Refined Petroleum Products Global Market Report 2020 covers Refined Petroleum Products market drivers, Refined Petroleum Products market trends, Refined Petroleum Products market segments, Refined Petroleum Products market growth rate, Refined Petroleum Products market major players, and Refined Petroleum Products market size.
The report provides in-depth analysis of the impact of COVID-19 on the Refined Petroleum Products industry, along with revised market numbers due to the effects of the coronavirus.
View Complete Report:https://www.thebusinessresearchcompany.com/report/refined-petroleum-products-global-market-report-2020-30-covid-19-impact-and-recoveryRefined Petroleum Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request for the sample now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2903=smpThe global refined petroleum products market is expected to decline from $2518.8 billion in 2019 to $1427.8 billion in 2020 at a compound annual growth rate (CAGR) of -43.4%.
The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.
The Business Research Company published its Refined Petroleum Products Manufacturing Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global refined petroleum products manufacturing market.
The report covers the refined petroleum products manufacturing market’s segments- diesel, gasoline, fuel oil, kerosene, others - refined petroleum products manufacturing.View Complete Report: https://www.thebusinessresearchcompany.com/report/refined-petroleum-products-manufacturing-global-market-reportRefined Petroleum Products Manufacturing Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.The refined petroleum products manufacturing market consists of sales of refined petroleum products by entities (organizations, sole traders or partnerships) that convert crude petroleum to refined petroleum products such as gasoline, naphtha, diesel fuel and liquefied petroleum gas and then sell these refined products.
Petroleum refineries are large industrial complexes with extensive pipeline networks carrying crude oil and refined petroleum products between sub processing units.
Revenues in this market represent the value of the different refined petroleum products.Request A Sample Report At: https://www.thebusinessresearchcompany.com/sample.aspx?id=2105=smp Few Points From Table Of Content 1.
The Business Research Company published its Refined Petroleum Products Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global refined petroleum products market.
The report covers the refined petroleum products market’s segments- by type: diesel; gasoline; fuel oil; kerosene; others - refined petroleum products, by fraction: light distillates; middle distillates; heavy oils, by refinery type: integrated refined petroleum product; non-integrated refined petroleum product, and by application: fuel; chemical; others.View Complete Report: https://www.thebusinessresearchcompany.com/report/refined-petroleum-products-global-market-report-2020-30-covid-19-impact-and-recoveryRefined Petroleum Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.To reduce the pollution levels, companies have started adopting gas-to-liquid technology which produces high quality petroleum products.
In this report, our team offers a comprehensive analysis of Refined Petroleum market, SWOT analysis of the most prominent players in this landscape.
Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-refined-petroleum-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering • Exxon Mobil• Valero Energy• Marathon Petroleum• Chevron• Phillips 66• Andeavor On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into • Gasoline• Kerosene• Lubricating Oil• Other By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into • Blending• Process Control• Other By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like • China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-refined-petroleum-market-2020-2026 Table of Contents Global Refined Petroleum Market Professional Survey Report 2019 1 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Gasoline1.3.2 Kerosene1.3.3 Lubricating Oil1.3.4 Other1.4 Application Overview1.4.1 Blending1.4.2 Process Control1.4.3 Other1.5 Industrial Chain1.5.1 Refined Petroleum Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Gasoline2.1.2 Kerosene2.1.3 Lubricating Oil2.1.4 Other2.2 The Overall Market Performance(Value)2.2.1 Gasoline2.2.2 Kerosene2.2.3 Lubricating Oil2.2.4 Other 3 Global Refined Petroleum Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Blending3.3 Process Control3.4 Other 4 Competitive Analysis4.1 Exxon Mobil4.1.1 Exxon Mobil Profiles4.1.2 Exxon Mobil Product Information4.1.3 Exxon Mobil Refined Petroleum Business Performance4.1.4 SWOT Analysis4.2 Valero Energy4.2.1 Valero Energy Profiles4.2.2 Valero Energy Product Information4.2.3 Valero Energy Refined Petroleum Business Performance4.2.4 SWOT Analysis4.3 Marathon Petroleum4.3.1 Marathon Petroleum Profiles4.3.2 Marathon Petroleum Product Information4.3.3 Marathon Petroleum Refined Petroleum Business Performance4.3.4 SWOT Analysis Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/petroleum About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process.
The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.
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September 6, 2018: This publication enables readers the critical perspectives to be able to evaluate the world market for refined petroleum products.
The publication provides the market size, growth and forecasts at the global level as well as for the following countries:Argentina, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bosnia Herzegovina, Brazil, Cameroon, Canada, Chile, China, Colombia, Cyprus, Ecuador, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Iran, Italy, Japan, Jordan, Kuwait, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Russia, Singapore, Slovenia, South Korea, Spain, Tanzania, Trinidad and Tobago, Ukraine, United Kingdom, United StatesThe market data covers the years 2010-2021.
The major questions answered in this comprehensive publication include: What is the global market size for refined petroleum products?
• What is the refined petroleum product market size in different countries around the world?
• Are the markets growing or decreasing?
• How are the markets forecast to develop in the future?Request a Free Sample Copy of Refined Petroleum Product Market Report @ https://www.radiantinsights.com/research/global-refined-petroleum-product-market-2021/request-sampleThe market information includes the total market size for refined petroleum products as well as the market size and trends for the following kinds of products: Petroleum oils and bituminous mineral oils • Liquefied butanes • Liquefied propane • Liquefied butylene, butadiene, ethylene and propylene • Other liquefied petroleum gases and gaseous hydrocarbons • Other petroleum gases and gaseous hydrocarbons • Paraffin wax • Petroleum jelly • Other mineral waxes • Calcined petroleum coke • Not calcined petroleum coke • Petroleum bitumen • Other residues of petroleum oils The publication is designed for companies who want to gain a comprehensive perspective on the global refined petroleum product market.
Refined Petroleum Products Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the refined petroleum products industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected refined petroleum products market growth numbers 2021-2030.
View Complete Report:https://www.thebusinessresearchcompany.com/report/refined-petroleum-products-global-market-report-2020-30-covid-19-impact-and-recovery The Refined Petroleum Products Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global refined petroleum products market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Refined Petroleum Products Global Market Report 2021 covers refined petroleum products market drivers, refined petroleum products market trends, refined petroleum products market growth rate, refined petroleum products market major players, player-adopted strategies in the market, and refined petroleum products market size.The global refined petroleum products market is expected to grow from $1.79 trillion in 2020 to $2.22 trillion in 2021 at a compound annual growth rate (CAGR) of 24.5%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
