Market Overview:
Refined petroleum products are produced from crude oils through processes such as fractional distillation and catalytic cracking. These products have chemical and physical characteristics that differ according to the type of crude oil and subsequent refining processes. The rising demand for refined products including aviation fuel, diesel fuel, fuel oils, kerosene lubricating oils, feedstocks for the petrochemical industry, liquefied petroleum gas, and gasoline for various industry. This is projected the growth of Refined petroleum products in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | China Petroleum & Chemical Corporation (China), Saudi Aramco (Saudi Arabia), Royal Dutch Shell PLC (Netherlands), China National Petroleum Corporation (China), BP plc (United Kingdom), ExxonMobil Corporation (United States), Total (France), Chevron Corporation (United States), ROSNEFT (Russia) and Lukoil (Russia) |
CAGR | % |
Influencing Trend:
Liquid Technology is the Conversion of Natural Gas to High-Quality Liquid Products such as Motor Oils, Naphtha, Diesel, and Transportation Fuels
Market Growth Drivers:
Increase in Demand for Electricity Globally and Rapid Population Growth and Increasing Disposable Income of People
Challenges:
Management of Hazardous Waste from Petroleum Refineries
The key Manufacturers profiled in the report are China Petroleum & Chemical Corporation (China), Saudi Aramco (Saudi Arabia), Royal Dutch Shell PLC (Netherlands), China National Petroleum Corporation (China), BP plc (United Kingdom), ExxonMobil Corporation (United States), Total (France), Chevron Corporation (United States), ROSNEFT (Russia) and Lukoil (Russia). Additionally, other players that are of this comprehensive study are Phillips 66 Company (United States).
Key Target Audience
Refined Petroleum Products Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other