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Refined Petroleum Products Market Overview, Future Analysis, Competitive Scope And Growth Potential
Refined Petroleum Products Market
The refined petroleum products market report describes and explains the global refined petroleum products market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The refined petroleum products 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. The refined petroleum products market is segmented into diesel; gasoline; fuel oil; kerosene and other refined petroleum products.
The global refined petroleum products market is expected to grow from $1787.99 billion in 2020 to $2226.49 billion 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. The market is expected to reach $2744.63 billion in 2025 at a CAGR of 5%.
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Some of the major players of the refined petroleum products market are Royal Dutch Shell, Exxon Mobil Corporation, Sinopec Limited, BP Plc, Chevron.
The countries covered in the global refined petroleum products market are 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.
The regions covered in the global refined petroleum products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global refined petroleum products market 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, Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Refined Petroleum Products Market Characteristics
4. Refined Petroleum Products Market Product Analysis
5. Refined Petroleum Products Market Supply Chain
.....
20. Refined Petroleum Products Market Competitive Landscape
21. Key Mergers And Acquisitions In The Refined Petroleum Products Market
22. Market Background: Oil Downstream Activities Market
23. Recommendations
24. Appendix
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