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Refined Petroleum Products Manufacturing Market Demand and Growth Analysis 2020 | Royal Dutch Shell, Exxon Mobil Corporation, Sinopec Limited
Refined Petroleum Products Manufacturing Market
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Top Leading Companies of Global Refined Petroleum Products Manufacturing Market are: Royal Dutch Shell, Exxon Mobil Corporation, Sinopec Limited, BP Plc, Chevron
Industry Latest News:
April 15, 2020: IRVING, Texas - ExxonMobil said today it has increased production of critical raw materials for masks, gowns and hand sanitizer used by medical professionals and first responders leading the efforts to combat the global COVID-19 pandemic.
Metrics Covered: Number of Enterprises, Number of Employees
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.
Scope:
Markets Covered: Diesel, Gasoline, Fuel Oil, Kerosene, Others - Refined Petroleum Products Manufacturing
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, Refined Petroleum Products Manufacturing indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Asia Pacific was the largest region in the global refined petroleum products manufacturing market, accounting for 27% of the market in 2018. North America was the second largest region accounting for 24% of the global refined petroleum products manufacturing market. Africa was the smallest region in the global refined petroleum products manufacturing market.
To reduce the pollution levels, companies have started adopting the gas to liquid technology which produces high quality petroleum products. The gas to liquid technology is the conversion of natural gas to high quality liquid products such as transportation fuels, motor oils, naphtha, diesel and waxes. This technology uses natural gas as a substitute to crude oil as gas is considered to be the cleanest burning fossil fuel and is abundant, versatile and easily affordable. The by- products obtained by using the GTL technology are colorless, odorless and contain negligent amounts of impurities. Shell, Chevron and PetroSA have adopted this technology to produce transportation fuels, oils and by products to produce plastics, detergents and cosmetics.
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