openPR Logo
Press release

What's driving Petroleum Liquid Feedstock Market Growth? Top Players:BP p.l.c., Exxon Mobil Corporation, TOTAL S.A.

06-03-2019 05:06 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

What's driving Petroleum Liquid Feedstock Market Growth? Top

In a recently released research intelligence outlook, Future Market Insights forecasts high value-low growth landscape for the global petroleum liquid feedstock market over the course of next few years. The global revenue through consumption of petroleum liquid feedstock will reportedly reach around US$ 270 billion in 2019, demonstrating an estimated yearly revenue growth of 3.6% over that attained in 2018.

The global petroleum liquid feedstock market is highly fragmented with Tier-I players accounting for approximately 25%-35% of the global petroleum liquid feedstock market, while other global players along with several local players account for the remaining market share. Some of the global market leaders in the petroleum liquid feedstock market are BP p.l.c., Exxon Mobil Corporation, TOTAL S.A., Royal Dutch Shell plc, Idemitsu Kosan Co., Ltd., Flint Hills Resources and YPF.

Speak To Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-3663

A steady upsurge in the demand for petroleum liquid feedstock is expected in coming years owing to a positive expansion outlook reflected by the global petrochemicals industry.

Growing Feedstock Applications in Chemicals & Automotive Industries

Mounting consumption of motor fuels and other prominently sold end products such as aromatics, olefins, solvents, and gasoline is primarily driving the revenue of petroleum liquid feedstock at a global level. Applications in aromatics currently account for over 50% revenue share, whereas olefins are positioned by the report as an attractive segment in petroleum liquid feedstock landscape.

With soaring uptake of aromatics by chemicals industry stakeholders, it is most likely that the demand for petroleum liquid feedstock, the key component used during the manufacturing of aromatics, will also witness a strong hike in the near future. Besides chemicals industry, the automotive industry has also been a creating significant revenue generation opportunities for manufacturers of petroleum liquid feedstock.

“With a dramatically expanding vehicular fleet and the subsequent demand growth in motor fuels and gasoline, it is most likely that the consumption of petroleum liquid feedstock would experience high growth over upcoming years,” states a senior market research analyst at FMI.

Key Manufacturers Enlarging Naphtha Production Capacities

Refinery processes tend to produce higher proportions of naphtha compared to that of gas oil, which enables the former to retain top ranking segment in the market on the basis of type of petroleum liquid feedstock.

Naphtha consumption currently accounts for a whopping 91% share in the global petroleum liquid feedstock market value; the report however projects that gas oil would gradually emerge as an attractive segment over the years.

A majority of industry giants have been concentrating on increasing their naphtha production capacities by strategizing on production plants expansion across multiple geographical markets. Manufacturers based in Middle Eastern countries have been observed to have augmented their naphtha production recently.

However, with growing availability of low-priced substitutes for petroleum liquid feedstock such as propane and ethane, the naphtha space has been witnessing an oversupply scenario.

China Slated for Maximum Market Attractiveness in Coming Years

With more than 71% market value share held collectively, petroleum liquid feedstock market in China, Europe, and Asia Pacific (excluding Japan) are likely to demonstrate notable expansion over coming years. Considerable rise in the automotive production and sales across Europe, China, and other Asian economies remains a key driving force pushing the consumption of petroleum liquid feedstock across these regions.

China however is forecast to emerge as the most lucrative market for manufacturers of petroleum liquid feedstock, and the report estimates around 4% yearly growth in China’s market value, in 2019. Moreover, Asian market for petroleum liquid feedstock still continues to face consequences of a severe demand-supply gap that is likely to trigger increased export from Europe and present multiple business opportunities for leading manufacturing companies.

Fragmented Market Landscape to Witness a Growing Focus on Capacity Expansion

In a fairly fragmented competitive landscape of the global petroleum liquid feedstock market, the Tier 1 players account a mere revenue share of 25-35%.

Prominent companies such as TOTAL S.A., BP p.l.c, Royal Dutch Shell plc, Exxon Mobil Corporation, China Petroleum & Chemical Corporation, and China National Petroleum Corporation continue to remain top performers.

The report indicates that a majority of Tier 1 players are currently focusing on petroleum liquid feedstock production expansion, in addition to the integration of the production of other end products with that of petroleum liquid feedstock.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3663

Whereas, the Tier 2 companies, including Idemitsu Kosan Co. Ltd., Flint Hills Resources, and YPF, and other smaller local players collectively hold the lion’s share in the market in terms of revenue.

Petroleum Liquid Feedstock Market Reports - Table of Contents

Global Petroleum Liquid Feedstock Market - Executive Summary

Global Petroleum Liquid Feedstock Market Overview

Introduction

Global Petroleum Liquid Feedstock Market Taxonomy

Global Petroleum Liquid Feedstock Market Definition

Wheel of Fortune

Global Petroleum Liquid Feedstock Market Size (US$ Mn & Volume) and Forecast, 2013-2027

Global Petroleum Liquid Feedstock Market Y-o-Y Growth

Global Petroleum Liquid Feedstock Market Dynamics

Supply Chain

Cost Structure

Pricing Analysis

Key Participants Market Presence (Intensity Map) By Region

Macro-Economic Factors

Global Petroleum Liquid Feedstock Market Analysis and Forecast 2013-2027

Global Petroleum Liquid Feedstock Market Size and Forecast By Type, 2013-2027

Naphtha Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Gasoil Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Global Petroleum Liquid Feedstock Market Size and Forecast By, 2013-2027

Aromatics Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Olefins Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

Urea Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Region

Market Share Comparison, By Region

Y-o-Y growth Comparison, By Region

North America Petroleum Liquid Feedstock Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Country

U.S.

Canada

Revenue (US$ Mn) & Volume Comparison, By Type

Revenue (US$ Mn) & Volume Comparison, By

Latin America Petroleum Liquid Feedstock Market Size and Forecast, 2013-2027

Revenue (US$ Mn) & Volume Comparison, By Country

Brazil

Mexico

Rest of Latin America

Revenue (US$ Mn) & Volume Comparison, By Type

Revenue (US$ Mn) & Volume Comparison, By

Get More Information @ https://www.futuremarketinsights.com/reports/petroleum-liquid-feedstock-market

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving Petroleum Liquid Feedstock Market Growth? Top Players:BP p.l.c., Exxon Mobil Corporation, TOTAL S.A. here

News-ID: 1762918 • Views: 265

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Comparison

South Africa’s Best Medical Scheme Comparison Platform
Medical Aid is an online platform that aims to offer its users a convenient way to view and compare South Africa’s best medical schemes at a single place. The platform helps users to find the medical scheme that satisfies their budget and healthcare needs in the best way possible, by accessing important information about various schemes from different providers and comparing them altogether. Medical Aid presents the opportunity to select
Casters Market Share Comparison by Application : 2017
ABOUT : Casters Casters market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/united-states-casters-market-report-2017-1687573 Geographically, this report splits the United States market into seven regions: The West , The Middle Atlantic , New England, The South, The Midwest, with sales (volume), revenue (value), market share and growth rate
Moneybrag.com Offers Reliable Financial Comparison Services
Moneybrag.com is a leading online firm that specializes in online comparison services that enable clients to make comparisons of utility and personal finance products. Their primary goal is to provide information in an understandable format that allows for initial comparisons to be made at a glance. This enables customers to make healthy financial decisions. Moneybrag.com gives customers the ability to compare side by side and select a vendor based on
Comparison of Time recording applications
With hiring remote staff and freelancers halfway around the world turning into further common, it is necessary to look out the only thanks to keep track of the hours they work. Not entirely are you able to would like to know the hours to be able to pay them at the tip of the month but together notice an easy due to manage the invoices of an entire team. If
EInsuranceEz.com Launches Health Insurance Comparison Portal
EInsuranceEz.com, the online insurance price comparison company, launched a brand new customer-focused website this month. The site, einsuranceez.com, is designed to offer customers a wide range of competitively-priced life insurance, health insurance and auto insurance quotes instantly online. Working with some of the US biggest providers, EInsuranceEz.com constantly compares the best deals and insurance rates on the market to ensure that the customer gets the greatest saving for them. The company VP
PriceForSure.com - Benefits of Comparison Shopping
Comparison Shopping websites are beneficial to consumers and merchants because they offer a number of benefits. ( EMAILWIRE.COM, June 20, 2007 ) Rincon, Georgia – PriceForSure.com (www.PriceForSure.com) announces the benefits of comparison shopping. This informative and often entertaining form of shopping makes it easier for consumers to find the best deals on the web. Consumers search for products that they are interested in by comparing product types, product features,