Press release
Oil Refining Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027
Oil Refining Market is expected to register a CAGR of over 1% during 2021-2027. The COVID-19 pandemic has had a negative impact on the market due to reduced consumption of refined petroleum products and slower economic development in major countries in the world. The COVID-19 pandemic, along with high volatility in crude oil prices, has delayed many oil refining projects around the world. The increase in refining capacity is expected to be driven by growing demand for petroleum products over the next few years. However, the refining market is constrained by factors such as lack of funding, delays in commissioning of projects, land acquisitions, and increasing adoption of electric vehicles in developed and developing countries around the world.A full report of Oil Refining Market available at: https://www.orionmarketreports.com/oil-refining-market/10640/
Oil Refining Market- Segmentation
• By Product (Light distillate oil refining market, Topping oil refining market )
• By Application (Transportation and Petrochemical Industries, Electricity generation)
• By Fuel (Gasoline oil refining market)
Major Players
• Exxon Mobil Corporation
• Royal Dutch Shell Plc
• BP plc
• Sinopec Corp.
• Saudi Arabian Oil Co
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Oil Refining Market.
• The market share of the Oil Refining Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Oil Refining Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Oil Refining Market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Oil Refining Market Report
• What was the Oil Refining Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Oil Refining Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Oil Refining Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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